Solana’s (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260. SOL price fell by more than 6.5% intraday to $35.68, after failing to rebound with conviction from 10-month lows. Now sitting on a historically significant support level, the SOL/USD pair could see an
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 20, 2022. Andrew Kelly | Reuters The stock market may try to regain its footing in the next few sessions, even as a fresh inflation report looms large at the end of the week. Stocks
On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions. As reported by local news outlet Money Today Co., the FSS had
The most populated and third largest island in the tourist-friendly Turks and Caicos chain is Providenciales, a 38-square-mile isle known for its turquoise waters, powdery sand beaches and superb scuba diving. On its south coast is the peaceful and quiet Turtle Tail neighborhood, which occupies a narrow peninsula and takes in some of the best
valentinrussanov | E+ | Getty Images The housing market is hot right now — if you’re a seller. Buyers, on the flip side, are having a harder time finding homes. Americans are aware of the struggles they face in buying a home. More than 70% of U.S. adults believe the housing market is currently in
Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-term holders begin ‘distribution’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend. The pair had managed a revival to near
Municipals ended firmer on the short end Friday, capping off a quieter, but stronger week, while U.S. Treasuries were weaker and equities sold off. Investors will be greeted Monday with an increase in supply with the new-issue calendar estimated at $6.488 billion in $4.142 billion of negotiated deals and $2.347 billion of competitive loans. The
New York State Comptroller Thomas DiNapoli and former Lt. Gov. Richard Ravitch presented Eugene Keilin with the Felix Rohatyn Award at the Citizens Budget Commission’s awards dinner. The award, given Thursday night at the CBC’s 90th annual gala held at Cipriani 42nd Street, honors a person whose career exemplifies public service and a commitment to New
Lawyers filed a multimillion pound claim on Friday against administrators of the collapsed fund of Neil Woodford, the fallen star of British stock picking, in an attempt to recoup heavy losses of hundreds of thousands of savers. It marks the third anniversary of the suspension of the Woodford Equity Income Fund, which managed £3.7bn when
In this article TSLA CRWD RH LULU TPTX KSS Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes
Hurricane season officially began on June 1st, and indicators point to a more active storm season than normal. For the 2022 hurricane season, NOAA (the National Oceanic and Atmospheric Administration) is forecasting a likely range of 14 to 21 named storms with winds of 39 miles per hour or higher, of which six to 10
The rental market in the Hamptons is facing an unexpected chill this summer. After two years of strong demand and soaring prices, the supply of rentals in the Hamptons is surging, leading to a wave of last-minute price cuts. Median rental prices in the first quarter fell 26%, according to Jonathan Miller, CEO of Miller
press release PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens are safely stored using their institutional and
Municipals were steady to firmer on the short end Thursday, while U.S. Treasuries were also little changed and equities rallied. After an impressive rally that began at the end of May leading to the first month of positive returns for the asset class, investors took the positive signals and poured cash into municipal bond mutual
The Municipal Securities Rulemaking Board has filed a proposal with the Securities and Exchange Commission to change its fee structure to account for prior year results, a move aimed at ensuring the board maintains sufficient operating revenue and avoids collecting excess cash reserves. The new fee structure will establish a new Annual Rate Card Process
Opec and its allies on Thursday agreed to accelerate oil production in July and August, as the cartel’s linchpin Saudi Arabia bowed to US pressure to cool a crude price rally that has threatened to stall the global economy. The cartel said it would increase output by almost 650,000 barrels a day in both months,
The recent collapse of once the third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs. Stablecoins’ stability in question Stablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto assets, so they behave as a vital component in the crypto market,
Chase Coleman, founder of Tiger Global Management LLC Amanda L. Gordon | Bloomberg | Getty Images Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund’s tough 2022 even worse. The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its 2022 losses to over
In this article GME HPE MDB MSFT Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading Thursday. Microsoft — Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft
Scott Melker, better known as The Wolf of All Streets, is a trader and crypto advocate who is far more approachable than his online handle might suggest. A former DJ, Melker operates a small crypto advocacy empire spanning YouTube videos, podcasts and a popular newsletter. Scott Melker is open about his initial intentions in the