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Digital Currency Revolution Series: ETC/USD Outperforms Among Crypto-Avenue on Ethereum Classic Atlantis Hard-Fork

Jun 03, 2019 11:59 am UTC| Technicals Digital Currency Insights & Views

Of late, Ethereum classic has shown considerable returns, more than 92% in just 4-months, currently, trading at 9.657 level against a dollar. The bullish streaks have continued for this month as well on Stevan Lohja,...

Crypto Technicals: XMR/USD capped at 61.8% Fib, weakness likely on break below 21-EMA

Jun 03, 2019 11:47 am UTC| Digital Currency Technicals

XMR/USD chart - Trading View Exchange - Binance Support: 88.53 (21-EMA); Resistance: 97.53 (61.8% Fib) Technical Analysis: Bias Neutral XMR/USD extends sideways grind after being capped at 61.8% Fib. The...

FxWirePro: S&P500 trades lower on yield curve inversion, good to sell on rallies

Jun 03, 2019 11:46 am UTC| Technicals

SP500 continues to trade lower and lost more than 2.5% in past two trading days.In previous month the index declines more than 7.5% on account of renewed trade war and declining US bond yield. US bond yield is trading...

Crypto Technicals: BTC/USD consolidates below 200-SMA, scope for weakness on bearish divergence

Jun 03, 2019 10:58 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Support: 8196 (20-DMA); Resistance: 8601 (converged 21 and 55-EMA) Technical Analysis: Bias neutral BTC/USD trades 2.79% lower on the day at 8492 at 10:35...

FxWirePro: USDCAD Daily Outlook

Jun 03, 2019 09:24 am UTC| Technicals

USDCAD trades slightly lower after hitting fresh one month high at 1.35650 on Friday. Canadas economy grew at annualized rate 0.4% in the first quarter weakest back to back quarters of growth since 2015.Oil was trading...

Crypto Technicals: ETH/USD holds 20-DMA support, break below will see further correction

Jun 03, 2019 09:09 am UTC| Digital Currency Technicals

ETH/USD chart - Trading View Exchange - Coinbase Support: 248.03 (21-EMA); Resistance: 278.72 (Upper BB) Technical Analysis: Bias Neutral to slightly bearish ETH/USD extends sideways grind along 5-DMA support....

FxWirePro: FTSE100 trades below 200- day MA, dip till 7000 likely

Jun 03, 2019 08:57 am UTC| Technicals

Major resistance- 7165 (200- day EMA) FTSE100 trading lower for 2ndconsecutive days and declined more than 150 points. The decline was mainly due to Global stock market sell-off- US indices is trading weak...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

South Korea Excludes Crypto in Donation Law Update, Charities at Risk

South Koreas recent amendments to donation laws have raised concerns as cryptocurrency remains excluded from permissible donation methods. The Ministry of Public Administrations decision, reported by local media outlet...

Shiba Inu Burn Rate Skyrockets: 81M SHIB Destroyed, Prices Surge

Shiba Inu, the beloved dog-themed meme coin, experiences an astounding 4000% surge in its burn rate, resulting in the destruction of over 81 million SHIB coins. This significant development has sparked optimism among...

Samsung Trails Apple, Remains 2nd in Global Tablet Rankings, Q1 2024

In the first quarter of 2024, Samsung emerged as the second-largest tablet manufacturer globally, despite a slight sales decline compared to last year, as the International Data Corporation (IDC) reported. Samsungs...

Russia's Crypto Clampdown: Tight Regulations Aim to Curb Cryptocurrency Activities

Russia is poised to enact stringent regulations on cryptocurrency trading, aiming to curb the mass trade of digital assets like Bitcoin within its borders. This move, driven by geopolitical tensions and sanctions, signals...

Bitcoin's Ongoing Battle at $64K; Cardano's Hoskinson Ends Ripple Debate

Bitcoin traders are on edge as the cryptocurrency battles to sustain its position above $64,000, with analyst Josh Olszewicz warning of lingering concerns. Meanwhile, Cardanos Charles Hoskinson settles the Ripple and XRP...