Markets

CoinspeakerStocks Fall as Global Economic Worries Weigh on Wall Street US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector. Stocks Fall as Global Economic Worries Weigh on Wall Street

Tron price started a fresh decline below the $0.080 level against the US Dollar. TRX price is now trading below $0.0785 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0775 on the 4-hour chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0750 support zone. TRON price started a fresh decline below the $0.0820 zone against the US Dollar, similar to Bitcoin. TRX price...

Bitcoin price started a fresh decline below the $29,600 level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $29,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $28,650 and $28,000 levels. Bitcoin price is declining below $29,600 against the US Dollar. BTC might extend losses...

Binance filed a motion requesting a protective order against the US Securities and Exchange Commission (SEC), claiming the regulator is conducting a “fishing expedition” instead of seeking the narrow and “limited” discovery authorized by the Consent Order to ensure the security and availability of customer assets. The motion asserts that Binance has already provided the SEC with the necessary information. Binance Sees Protective Order Against SEC According to the filing,...

Germany has told leading digital currency exchange Binance that its regulators will not issue a crypto custody license to the firm’s executives. Germany Denies Binance Proper Licensure The country is not pleased, allegedly, with the way Binance is handling itself. The company has been on the brink of making every financial agency angry and it has already aroused the wrath of institutions such as the Commodity Futures Trading Commission (CFTC) and the Securities...

The crypto market continues to surprise investors, with Solana ($SOL) being the latest token to experience significant upside. $SOL has soared 11% in the past week, putting the price just below the crucial $25 level. However, $SOL isn’t the only cryptocurrency gaining ground – the new Web3 project Launchpad XYZ ($LPX) is also making waves as its presale phase hits the $1.2 million milestone. Bulls Regain Control as $SOL Price Surges Solana has posted a bullish close in six of...

Israeli crypto startup Stark Ware has unveiled the new layer-2 Ethereum solution it’s been working on for some time. Known as Starknet v12.0, the upgrade – which also operates under the name “Quantum Leap” – is slated to boost the digital currency network’s throughput tenfold and help Ethereum achieve a level of greatness many analysts never even fathomed. Ethereum May Be on the Verge of Greatness Ethereum is the world’s second largest digital currency by market...

Logan Paul is gearing up for his next event, a boxing match against Brazilian Dillon Danis scheduled for October 14 in Manchester, England. Danis, widely recognized as an MMA fighter and Conor McGregor’s training partner, will be coached by the Irishman for the upcoming fight. Source: XUpon learning about this, Paul launched an explicit rant, accompanied by insults, while offering a one million dollar bet on the match. Logan Paul Faces Criticism This move has drawn heavy...

CoinspeakerHome Depot’s Q2 2023 Earnings Surpass Expectations amid Sales Dip Despite the favorable revenue surprise, Home Depot saw a moderated fiscal year earnings projection implying that the corporation remains cautious about the road ahead. Home Depot’s Q2 2023 Earnings Surpass Expectations amid Sales Dip

CoinspeakerEV Maker VinFast to Debut on Nasdaq Following SPAC Merger In the heart of the rapidly evolving EV market in the United States, the Vietnamese automaker is confidently carving out its niche.  EV Maker VinFast to Debut on Nasdaq Following SPAC Merger