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Market Overview - Page 194


Coinbase Pro Adds Support for Cardano’s ADA
Coinbase Pro Adds Support for Cardano’s ADA

Coinbase Pro is adding support for Cardano’s ADA (+22.39%), with trading beginning Thursday once sufficient supply of ADA is established on the platform, the exchange said Tuesday. Trading will start on or after 16:00 UTC (12 p.m. ET) March 18.

XRP Jumps as Bullish ‘Golden Cross’ Pattern Appears in Price Chart
XRP Jumps as Bullish ‘Golden Cross’ Pattern Appears in Price Chart

XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal. The token’s price was around 48 cents at press time, up 9%.

Asian stocks retreat as investors await Fed
Asian stocks retreat as investors await Fed

Asian stocks fell on Wednesday, tracking Wall Street as investors waited to see if the U.S. Federal Reserve will signal a faster path toward policy normalisation than previously expected. The U.S. central bank ends a two-day meeting later in the.

Oil bears and bulls grapple as market puzzles over pandemic exit
Oil bears and bulls grapple as market puzzles over pandemic exit

Trading in oil futures is now as heavy as it was in the first months of the COVID-19 crisis, according to market data and analysts, with oil bulls and bears rushing to hedge against jolts in the steady rise of.

Stock futures are flat ahead of Fed verdict
Stock futures are flat ahead of Fed verdict

U.S. stock futures were flat in overnight trading as investors await the outcome from the Federal Reserve’s two-day policy meeting and comments from Fed Chair Jerome Powell on Wednesday. Dow futures rose 10 points. S&P 500 futures gained 0.02% and.

Tesla is in a bubble and it’s ‘going down,’ top fund manager says
Tesla is in a bubble and it’s ‘going down,’ top fund manager says

Shares of the electric car maker Tesla are going to see sharp falls as interest rates increase after the coronavirus crisis, Lansdowne Partners fund manager Per Lekander told CNBC. Lekander told CNBC’s “Squawk Box Europe” Tuesday that he thinks Tesla.

China puts the pandemic behind it, aims for less commodity-intensive growth
China puts the pandemic behind it, aims for less commodity-intensive growth

While much of the world is still dealing with the coronavirus pandemic, China’s economy is showing signs that it has already passed the peak of a domestic recovery. One sign the initial burst is over lies in commodity prices. China.

Weak US retail sales may support demand for safe-havens
Weak US retail sales may support demand for safe-havens

US retail sales fell by 3.0% for February after rising 7.6% (revised from 5.3%) a month earlier. Sales were up 6.5% compared to the same month a year earlier, as growth slowed down from 9.3% y/y in January.The data came.

Crude Oil’s rally exhaustion
Crude Oil’s rally exhaustion

Oil prices are showing clear signs of rally exhaustion after doubling in price since November. Oil growth has stalled, unable to make new local highs against a very favourable external backdrop. Such slippage is an early signal of a possible.

The four-largest NFT DApps are driving $10m in daily volume
The four-largest NFT DApps are driving $10m in daily volume

The excitement surrounding NFTs is showing no signs of slowing down, with the top four decentralized NFT apps driving more than $10 million in daily volume. According to decentralized application data aggregator DappRadar, NBA Top Shot, CryptoPunks, Mooncats, and Sorare.

Billions poured into electric-vehicle companies, but much more will be needed before the auto industry changes
Billions poured into electric-vehicle companies, but much more will be needed before the auto industry changes

Wall Street and Silicon Valley poured billions of dollars into electric-vehicle and related companies in 2020, betting on their future dominance and in many cases fueling valuations that bear little relation to the companies’ current or expected production and sales..

Doctors baffled as countries suspend use of AstraZeneca vaccine over blood clot fears
Doctors baffled as countries suspend use of AstraZeneca vaccine over blood clot fears

Health experts say they are disappointed and confused by the flurry of suspensions of the coronavirus vaccine developed by AstraZeneca and the University of Oxford, warning there is not yet enough data to justify these decisions. Sweden and Latvia on.

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