July 2024 - Page 248 of 267 -

Solana promotes decentralized TicketMaster alternative XP in twitter video

Jul 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways XP platform promises significant savings on ticket fees. The system uses tpNFTs for enhanced security and authenticity in ticket sales. Solana just dropped a new video to promote XP, a decentralized alternative to TicketMaster. The release focuses on the problems with the US ticket industry and how XP solves this so-called ‘Ticketmaster problem’ […]

Q2 Auto Sales, May JOLTS Data Higher Than Expected

Jul 02, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayMajor market indices closed at session highs today (all but the Russell 2000, that is). In fact, the S&P 500 and Nasdaq found themselves ringing the end of the trading day at new all-time closing highs: 5509 and 18,028, respectively. The Nasdaq led the way, +0.84%, followed by the S&P’s +0.62% — helped by Tesla’s (TSLA – Free […]

EV Stocks Surge: Are They Back?

Jul 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMany themes have been present in the market over the last several years, keeping investors busy and trying to find the next ‘big thing.’ In particular, the dominant story over the previous year has been the AI frenzy, causing many related stocks to see outsized moves.But recently, the EV theme has regained some life, […]

Cipher Mining mines 176 Bitcoin in June, holds over 2,200 BTC

Jul 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Cipher Mining mined 176 Bitcoin last month. Cipher Mining’s total Bitcoin holdings reached 6,154 BTC by June end. Cipher Mining, a prominent Bitcoin mining firm backed by BlackRock, has revealed its June Bitcoin mining update. According to a press release published Tuesday, the company mined 176 Bitcoin (BTC) last month, bringing its total […]

Apple’s ‘Sell-Through’ Market Share Erodes, UBS Says

Jul 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe world’s most valuable company saw its smartphone market share in China shrink in May, even after “deep” discounting, according to UBS analysts citing Counterpoint Research. Apple (AAPL) is also struggling in the US market. UBS analyst David Vogt wrote that Apple’s iPhone sales have lost market share despite heavy discounting in China. In May, iPhone […]

USD/JPY Extends Gains Near 161.50 Ahead Of US Data, FOMC Minutes

Jul 02, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay USD/JPY remains strong around 161.40 in Wednesday’s early Asian session. Fed’s Powell said US inflation is cooling again, but more evidence would be needed before the Fed would cut rates. The monetary policy divergence between Japan and the US exerts some selling pressure on the Japanese Yen. The USD/JPY pair trades on a stronger […]

S&P And Nasdaq Continue To Make The Running

Jul 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIt was a good day for the S&P and Nasdaq as both made attempts to clear their recent trading ranges. However, neither cleared the spike highs from Friday which continue to look like peaks for their respective rallies, although the Nasdaq has come closest to doing so. Buying volume was well down and the […]

AI network Bittensor token drops 15% as possible hack leads to chain halt

Jul 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The token associated with Bittensor, a decentralized artificial intelligence network, has fallen sharply amid reports of a possible security breach. The native token, TAO, dropped more than 15% in the past 24 hours, from $281 to $237, according to data from CoinGecko.Bittensor co-founder Jacob Robert Steeves confirmed that the network has been temporarily suspended while […]

EUR/USD Caught In Chart Churn Ahead Of Wednesday’s HCOB PMIS, US ADP Jobs Figure

Jul 02, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD remains trapped in constrained intraday cycle near 1.0750. Tuesday’s EU CPI inflation print warned of an uptick in EU inflation. Wednesday brings a packed docket with EU PMIs, PPIs, and US ADP jobs. EUR/USD spent Tuesday in a churning pattern, cycling just below 1.075 as the pair grapples with finding momentum. Key […]

Precious Metals Market Update July 2nd – Buying Uncertainty

Jul 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashAt present, gold and silver seem to have established a solid footing at their current price levels. While demand from China’s retail market has softened, increased demand in North America is compensating for the shortfall.Sales Volumes Rise in Q2 – Many retailers in the North American market, including SWP, experienced strong sales volumes in […]