What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity

The Ethereum blockchain is set to undergo a major upgrade in the second half of 2023, known as the Shanghai upgrade. This upgrade will bring a number of improvements to the Ethereum network, chief among them being the ability for users who have staked their ether (ETH) to withdraw both their staked coins and the […]

Justice Department claims Google destroyed written records tied to antitrust suit: report

The United States Department of Justice made a statement on Thursday that Alphabet Inc.’s Google had destroyed evidence related to an antitrust lawsuit. The lawsuit was examining how Google had managed to maintain its search engine dominance. The government asked a federal judge to sanction Google for its former practice of setting employee chats to […]

XAU/USD exposes to $1,800 as Fed to reach terminal rate quickly

Gold prices have been exposed to further downside, with the potential of reaching near $1,800.00, due to bets on hawkish Federal Reserve activity. The US Dollar Index (DXY) is showing signs of reversal as the Fed is expected to continue its policy tightening. Gold prices have already shifted below the 38.2% Fibonacci retracement at $1,829.45. […]

Pangolin DEX integrates Orbs’ dTWAP order type

Rewrite and expand this content to 800 words Exchange Pangolin (PNG/USD), an Avalanche-based DEX protocol, now supports decentralised Time Weighted Average Price (dTWAP), which is powered by proof-of-stake blockchain platform Orbs. The integration continues the close partnership between the two platforms, the Orbs team announced on Thursday, with the news seeing the two platform’s native […]

Stays afloat above 0.9330, underpinned by a strong USD

The USD/CHF pair has been on an uptrend lately, with the 20-day EMA about to cross over the 50-DMA. This could shift the bias of the pair from neutral to upwards. The USD/CHF is currently trading at 0.9342, after breaking the previous weekly high and reaching a new one at 0.9348 on Thursday. The long-term […]

Gold futures settle at their lowest in 2 months

Gold futures declined for the fourth consecutive session on Thursday, settling at their lowest level in almost two months. The precious metal has been “weakening” as more traders agree that the Federal Reserve will raise interest rates by a quarter-point. According to Edward Moya, senior market analyst at OANDA, gold prices will not be able […]

Norfolk Southern has lost $6.7 billion in market cap since the Ohio train derailment, as its stock has lost more than those of its rivals

Shares of Norfolk Southern Corp. (NSC) bounced 0.4% in morning trading Thursday, after closing the previous session at a four-month low as the railroad operator continued to face backlash from the Ohio train derailment three weeks ago. On Thursday, U.S. Transportation Secretary Pete Buttigieg visited East Palestine, as the Biden Administration has also faced growing […]