June 2024 - Page 167 of 240 -

ZKSync introduces ZK Nation, a ‘community-driven’ governance system

Jun 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Ethereum Layer 2 network ZKSync has unveiled a new “community-driven” governance system called ZK Nation. The introduction of ZK Nation coincides with the project’s plans to conduct its token generation event and an airdrop this month, which is expected to further decentralize the network.According to the new system’s blog post, the community is “driven by […]

S&P 500 Rises As Hot Jobs Report Pushes Back Expected Rate Cuts

Jun 10, 2024 Jeremy Parkinson Finance, No picture 0

The S&P 500 turned in a solid performance during the trading week ending Friday, 7 June 2024. The index closed up by 1.53 over its previous week’s close and even recorded a new record high of 5,354.03 in the middle of the week. It slipped just a bit from that level to close the week […]

Unlocking ASX Trading Success: ASX Limited – Monday, June 10

Jun 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash ASX: ASX LIMITED – ASX Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ASX LIMITED – ASX. We determined that wave 2-grey may have ended and wave 3-grey was opened to push higher.ASX: ASX LIMITED – ASX Elliott Wave Technical Analysis ASX: ASX LIMITED – ASX […]

Solana Foundation restricts validators involved in sandwich attacks

Jun 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The Solana Foundation has announced the removal of a group of validator operators from its delegation program due to their involvement in sandwich attacks on Solana users. The decision aims to ensure that the foundation does not delegate to validators who carry out malicious sandwich attacks on retail users.Solana Validator Relations Lead Tim Garcia made […]

No Love For Small-Caps, Which Refuse To Respond To Robust Payrolls

Jun 10, 2024 Jeremy Parkinson Finance 0

Small-caps get no love. They have not for a while. Unlike its large-cap peers that keep making new highs, the Russell 2000 remains substantially below its November 2021 high. The index ceased to respond to solid jobs picture as early as 2022. Now, it is probably pricing in continued downward revision in earnings for this […]

European Markets Decline Amid Political Uncertainty Following European Parliament Elections

Jun 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The STOXX 50 fell by 1.1% and the STOXX 600 declined by 0.8% on Monday as traders processed the outcomes of the European Parliament elections. Gains by far-right parties, particularly in France, led to increased political uncertainty, affecting market performance and currency valuation. Key Market MovementsMarket Performance: STOXX 50: Down 1.1%. STOXX 600: Down 0.8%. […]

Euro Sold After EU Parliament Elections And Macron’s Gambit

Jun 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Overview: With mixed elements, the market took the US jobs data as relatively strong and took the dollar and US rates higher. The EU Parliament election has shaken up European politics, with the Belgium government collapsing and French President Macron calling a snap legislative election for the end of the month. Holidays in China, […]

Euro Falls To Four-Week Low: Politicians To Blame

Jun 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash EUR/USD plummeted below 1.0800 and is currently hovering around 1.0796 on Monday morning. This development came amid heightened political tensions in France. President Emmanuel Macron called for early elections on Sunday in the wake of his party’s crushing defeat and Marine Le Pen’s party’s resounding victory in the European Parliament elections. The far-right, […]

Will The Nasdaq Rise Into The Fed Meeting On Wednesday?

Jun 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The Nasdaq is known for its sensitivity to Fed interest rates. The growth-orientated stocks in the Nasdaq often rely heavily on borrowing to finance their operations and higher interest rates can make their margins tighter. So, when the market is very sensitive to coming rate changes often the Nasdaq can react strongly to […]

Singaporean authorities issue warning on Akira ransomware demanding crypto

Jun 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Local authorities from Singapore have issued a joint advisory warning businesses of the threats posed by Akira, a ransomware variant that has stolen $42 million—most of which is demanded in crypto—from over 250 organizations across North America, Europe, and Australia, all within a year.According to the advisory, the ransomware group behind Akira is now actively […]