Harmony is getting a lot of traction because it addresses core blockchain concerns, is energy-efficient, has cross-chain capabilities, offers lower gas fees and has a huge potential for nonfungible tokens (NFTs). Maintain decentralization and security Harmony thinks its network can scale while maintaining decentralization and security because it uses sharding, which divides validators into multiple
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SINGAPORE: Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Brent crude fell 37 cents, or 0.4%, to $89.10 a barrel by 0127 GMT, after rising 31 cents on Wednesday. U.S. West Texas Intermediate crude
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Senate Republicans on Thursday peppered the nominee to be
In this article SBUX The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California. Justin Sullivan | Getty Images Starbucks on Tuesday reported quarterly earnings that missed analysts’ expectations as higher costs weighed on its profits. Here’s what the company reported for the quarter ended
The S&P 500 reversed an early session dip to 4450 to trade above 4500, up more nearly 1.0%. Investors were digesting strong earnings from Amazon one day after the Facebook horror show and a strong US jobs report. Trade was choppy towards the start of the US session as investors weighed up the implications of
The AUDUSD moved lower in the late Asian session and continued the run to the downside in the European session. The pair stalled near the 50% midpoint of the 2022 trading range near 0.71403 (the high reached 0.7150) yesterday, the price spiked up to 0.71677. On Wednesday, the high price reached 0.71588 before coming back
The weekly oil open will be the spot to watch after the Biden administration took a step towards thawing relations with Iran. A group of nations are in what looks like the final stretch of negotiations towards reviving the Iran nuclear deal. The US restored a waiver that that had been rescinded by Trump in
Feb 4: Gold prices were steady on Friday, and set for a weekly gain as a weaker dollar, concerns over stubborn inflation and tensions surrounding Ukraine lifted demand for the safe-haven bullion. FUNDAMENTALS * Spot gold was at $1,806.86 per ounce, as of 0132 GMT. In the previous session, bullion touched $1804.4 as a weaker
Job growth rose far more than expected in January despite surging omicron cases that seemingly sent millions of workers to the sidelines, the Labor Department reported Friday. Nonfarm payrolls surged by 467,000 for the month, while the unemployment rate edged higher to 4%, according to the Bureau of Labor Statistics. The Dow Jones estimate was
In this article GM A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images General Motors is set to report its
GBP/JPY pulled back under 156.00 on Friday, though the bullish trend since January remains in play. The pair will be focused on risk appetite, comments from BoE’s Bailey and UK GDP figures next week. Despite a modest rally in the US equity space that would normally have a positive impact on GBP/JPY, the pair pulled
The EURGBP continued its move to the upside today, a day after the ECB hinted of potential tightenings in 2022. Yesterday the pair swung from a new low going back to February 2020 – taking out the January lows at 0.83048. Looking at the daily chart, the low for the day stalled against the lower
Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim. Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect another $4,870 all-time high,
I’ve fired off a few mistaken headlines at ForexLive so I can sympathize but this was a doozy. I don’t think it hit the newswire and so the damage was minimal but it’s a reminder that even a great trade can get ruined by something as simple as a headline mistake. Go easy on the
In this video, I go over the New Level Trading System. We first start off by talking about the system, timeframes, and the different indicators that you can use to trade it. Then we take a look at the signals using the daily timeframe and also entries using the 1-hour timeframe. Keep in mind that
Welcome to the ultimate guide to Top Down Analysis! Learn what TDA is and why it’s so important in forex trading, and see me break down the whole process from start to finish to learn exactly how to carry out Top Down Analysis for yourself. Become a Better Trader ————————————– Join my FREE Forex Trading