Bitcoin (BTC) Signals Bullish Trend with Strong Bounce

This is a sign that the trend is still bullish and the price is likely to continue heading upwards.

The two-hour chart also aligns with this scenario.

Phishing attacks have spawned a slew of new malware threats in recent days, according to researchers who’ve identified a serious threat actor behind three new connected malware families — which have been labeled as Doubledrag, Doubledrop, and Doubleback — and another unrelated threat called Panda Stealer, which is a variant of a cryptocurrency stealer and is mostly being spread via global email spam.

According to the release, the Ethereum CEO developed “described the opportunities for using the technologies he developed in Russia.” In response, Putin reportedly “supported the idea of establishing ties with possible Russian partners.”He once confronted a fake Satoshi NakamotoIn 2018, Buterin attended Deconomy, a technology conference in Seoul which planned a large crypto-related event called “Bitcoin: Controversy Over Principle.” The event’s panelists included early Bitcoin proponent Roger Ver, CEO of Blockstream Samson Mow, and a controversial Australian businessman named Craig Wright.Wright has become a notorious figure in the crypto world, due to a 2015 article in Wired that identified him as Satoshi Nakamoto, only to retract the claim days later.

Some manufacturers and end-users have been slowing production or pushing back delivery times after costs surged, Shanghai Metals Market said last week, while weaker-than-expected domestic consumption has opened the arbitrage window for exports.Short SupplyReal shortages of raw materials that power the economy are driving current gains in commodities as much as anticipation of future demand, and that makes it different from the last so-called supercycle, according to Greg Sharenow, who manages a portfolio focused on energy and commodities at Pacific Investment Management Co.

Volkswagen boss Herbert Diess had said on Thursday that Europe’s top carmaker was in “crisis mode” over the chip shortage, which would hit profits in the second quarter, while Ford Motor Co last week said the lack of chips could halve its second-quarter vehicle production.

Two of Southeast Asia’s leading economies, Thailand and Malaysia, have seen recent government upheavals, and memories of the 1997 and 2008 financial crises linger.Recent mega deals in Southeast Asia include the $40 billion listing of Singapore’s ride-hailing firm Grab and a similar deal for Indonesian online travel company Traveloka, with a potential valuation of $5 billion.Li, 92, joins other high-profile global investors chasing the region’s growth potential.

That the decoupling is happening at a time when a standard explanation for weakness in equities is “concern about inflation” shows the challenges of assigning cause and effect to a market where everything from retail day-traders to options-fomented hedging is acting on prices.“Even though the bond market is suggesting that tech should be doing better, commodities are what the equity market is listening to and that is causing less of a bid for technology,” said Matt Miskin, co-chief investment strategist at John Hancock Investment Management.

now has a price tag: at least $2.4 million a day.That’s how much any move by the European Union to cut off access to London’s dominant clearinghouses for derivatives could cost traders in euro interest rate swaps, net of buying, according to an estimate from Albert Menkveld, professor of finance at Vrije Universiteit Amsterdam, who has sat on advisory panels to European regulatory authorities.Fragmenting cross-Channel clearing would result in additional costs because global dealers would need more collateral for their positions in multiple clearinghouses in the U.K.

The Swiss bank has a claim on the business through financing provided by Greensill Capital and repackaged into its funds.The working capital facility would allow Gupta’s steel businesses to increase production and take advantage of record steel prices, the person said, asking not to be identified because the matter is private.The loan would be a potential lifeline for Gupta’s GFG Alliance, which is fighting for survival after the collapse of its biggest lender Greensill Capital.

The sales are a boost for executive chairman Lawrence Stroll, a billionaire motoring enthusiast who took charge of Aston in January 2020 after mounting losses and a brutal run of share price performance.

The event, coming less than a year after the Fed had to inject $2 trillion into the bond market in the space of about five weeks to keep it from a complete melt down, “highlighted the importance of continued focus on Treasury market resilience,” the Fed said in its semi-annual Financial Stability Report.

The Bank of England’s decision on Thursday to slow the pace of its bond-buying makes it the second central bank from a G7 economy to begin the slow exit from pandemic-era money-printing stimulus schemes.

Resource Capital Funds, a mining-focused private equity fund, didn’t immediately respond to an emailed request for comment.In the pitch document, Coal to Zero says it will be an “energy transition vehicle focused on global decarbonization by acquiring, responsibly operating and retiring coal assets significantly before the end of their mineable life.” The company says it will have a measurable environmental and social impact and is seeking interest from “ESG thought leaders.”At least some of the investors pitched to by Citi are skeptical about the idea, according to people familiar with the matter.

The bank will protect itself from the cryptocurrency’s volatility by buying and selling Bitcoin futures in block trades on CME Group using Cumberland DRW as its trading partner, according to the report.

Archegos has hired restructuring advisers to assess the potential legal claims from banks and to plan for a possible winding down of its operations, the report said, citing two people familiar with the matter.

…Read the full story