Author: FX

This week’s episode of Cointelegraph’s Market Talks welcomes Alvin Xu, the co-founder and CEO of Maverick Protocol, a platform that is taking a new approach to building decentralized finance (DeFi) infrastructure. Xu has been in the crypto space since 2018, and before co-founding Maverick, he led products and ecosystems across MetaMask, Abra Wallet, BitTorrent and the Tron Foundation. The show kicks off with a discussion about the Community Conference in Paris, where Xu was a guest. He gives the inside scoop on all the latest updates and developments from the conference.Continue Reading on Coin Telegraph Source link

The following videos will help get you ready for the new trading week. Be sure to like them and share them if you feel worthy. All support is appreciated. If you have any comments also add them to this post or to the videos.Have a safe and great weekend. EURUSD: On Friday, the EURUSD moved down to the 38.2% target in the US session at 1.1106, but found support buyers there. That will be a key level going into the new week as well. The ECB and the Fed will both increase rates this week which depending on the central…

CRUDE OIL ANALYSIS & TALKING POINTSUSD looks to Fed for guidance.OPEC+ stands firm on supporting oil prices.Key inflection point being tested as 200-day MA comes into focus. Recommended by Warren Venketas Get Your Free Oil Forecast CRUDE OIL FUNDAMENTAL BACKDROPWTI crude oil has enjoyed a largely positive week ahead of the Federal Reserve rate decision next week where optimism around a possible peak in the interest rate cycle. Markets (refer to table below) are pricing in with almost 100% certainty a 25bps hike (which I do not expect to change) but forward guidance from the Fed will be key for…

jewhyte Microsoft (NASDAQ:MSFT) announced pricing for its generative artificial intelligence tool Copilot, this week at $30 per user per month, a cost that Wall Street saw as a pleasant surprise. With other companies just starting to price their respective offerings, several on Wall Street believe that Microsoft’s (MSFT) strong position in AI could result in a “tidal wave” of revenue growth for the company. Morgan Stanley analyst Keith Weiss, who has an overweight rating on Microsoft (MSFT) and per-share price target of $415, said the tech giant is building momentum with its generative AI solutions, which should help it boost…

© Reuters. FILE PHOTO: Labourers work next to electricity pylons in Mumbai, India, October 13, 2021. REUTERS/Francis Mascarenhas/File Photo By Sudarshan Varadhan and Nidhi Verma BAMBOLIM, India (Reuters) – A draft statement by Group of 20 energy officials was edited on Saturday to reflect concerns from some members on phasing down “unabated” fossil fuels, according to documents reviewed by Reuters and two people familiar with the matter. Major fossil fuel producers Saudi Arabia and Russia have opposed a proposal to triple G20 countries’ renewable energy capacity in long debates at a ministers’ meeting in India working on a statement for…

SYDNEY (Reuters) – The United States commissioned a warship in Sydney, Australia, on Saturday, the first time a U.S. Navy vessel joined active service at a foreign port, as the two close allies step up their military ties in response to China’s expanding regional reach. The Independence-class littoral combat ship – named after a Royal Australian Navy cruiser that was sunk while supporting the U.S. Marine landings on Quadalcanal in 1942 – was commissioned at a ceremony at an Australian naval base on Sydney Harbour, officially joining the U.S. Navy’s active fleet. “Australians can be proud that this ship, designed…

SlavkoSereda/iStock via Getty Images The Biden administration moved this week to hike royalties and other fees for companies drilling for oil and gas on public lands. A rule proposed by the U.S. Interior Department would hike the minimum royalty rate for federal drilling rights by more than a third to 16.67% from the previous 12.5% rate that had been paid by oil and gas companies for a century. Bonding requirements would rise for the first time since 1960, to $150K per lease from $10K, to help clean up drilling sites after they are done or cap wells that are abandoned,…

Gilead abandons phase 3 study of magrolimab for myelodysplastic syndromes Source link

Share: EUR/GBP fails to decisively break above the 100 and 200-day EMAs at 0.8664 and 0.8679, respectively, after hitting a two-month high at 0.8700. If EUR/GBP pulls back, support levels emerge at 50-day EMA at 0.8619, 0.8600, 20-day EMA at 0.8594, and July 10 high at 0.8584. A break above 0.8700 will set sights on the next resistance at the May 11 high of 0.8734, followed by the resistance trendline from the YTD high at 0.8978 around 0.8740/50. The EUR/GBP finished Friday’s session almost flat, failing to decisively break above the 100 and 200-day Exponential Moving Averages (EMAs),…

Share: USD/JPY bears are waiting to make the move. Bears eye key resistance near a 61.8% Fibonacci, but note higher prospects. The yen dropped against the dollar on Friday after Reuters reported the Bank of Japan (BoJ) is leaning toward keeping its key yield control policy unchanged next week. We have seen a range of between 139.74 and 141.95 on Friday and this sets up next week for a possible correction from a 61.8% Fibonacci retracement area in the opening range: USD/JPY technical analysis USD/JPY H4 chart However, the high of last week, HoLW, could be a target…