Action Financial News
15.06 / 05:37
UPS
Action
Woodford
Woodford fund administrator’s woes mount as law firms double up for legal action
Two law firms representing thousands of investors left trapped in Neil Woodford's defunct flagship fund have joined forces to pursue a multimillion pound claim against its administrator.
15.06 / 01:37
NASDAQ
DOW
Action
Fed rate hike
Stock futures are flat as investors brace for a big Fed rate hike
Stock futures were little changed in overnight trading Tuesday as investors anxiously awaited the Federal Reserve's aggressive action to tame surging inflation.
15.06 / 01:17
UPS
Action
Santiment
recovery
Assessing odds of Fantom investors buying dip after 14.7% recovery
The recent market crash successfully invalidated all recovery that cryptocurrencies made post the 9 May crash. However, as of 14 June, some of the tokens are back in the recovery mode, rising far quicker than others, including the likes of Fantom [FTM].
14.06 / 17:49
Lowe's
Action
Support
Decoding why ADA’s structural support is holding strong despite headwinds
ADA is finally showing its strength after being one of the most sold-off cryptocurrencies since September last year. Most of the top cryptocurrencies achieved new 2022 lows in the last few days courtesy of yet another major weekly crash. ADA was among the few that managed to hold on to its structural support levels.
14.06 / 17:29
UPS
Action
Woodford
Woodford fund administrator’s woes mount as law firms double up for legal action
Two law firms representing thousands of investors left trapped in Neil Woodford's defunct flagship fund have joined forces to pursue a multimillion pound claim against its administrator.
14.06 / 14:37
Target
Action
Derby’s Take: Some Banks See a Need for a 75 Basis Point Rate Increase
While many banks think the Federal Reserve will hold off from a truly supersize rate rise on Wednesday, fearful of what such an unexpected action could do to markets and the broader economy, some believe the central bank may need to surprise with an aggressive move in the wake of bad inflation news.
14.06 / 12:33
Lowe's
Action
MATIC: Traders going short in hope of bearish marubozu should look at doji
The broader market crash wiped out $280 billion from the crypto market as every cryptocurrency crashed over the past 24 hours. Falling below the $1 trillion mark, the combined value of all cryptocurrencies, at the time of writing, stood at $934 billion.
14.06 / 11:35
UPS
Lowe's
Action
Assessing if LEO can continue defying the broader market sell-off
The crypto market looks like a blood bath every once in a while and that is how it has kicked off this week. LEO, the native cryptocurrency of the UNUS SED LEO stood out at press time, as the only cryptocurrency in the green.
14.06 / 10:33
Lowe's
Booking
Action
Immunic
Bitcoin
Here’s how Tron’s [TRX] 18% intra-day crash affected market participants
The emerging cryptocurrency took a fatal hit today after Tron [TRX] lost the peg for its stablecoin USDD. Consequently, following the depegging, the altcoin began freefalling as well, and at the time of writing, the cryptocurrency was trading at $0.06, almost 18% below its opening price.
14.06 / 02:41
BTC
Action
Bitcoin
pricing
Despite everything, Bitcoin’s [BTC] pricing model has something else to say
Bitcoin has finally broken out of the tight range where it was stuck for the better part of May. However, it exited the range courtesy of a strong bearish performance in the second week of June.
13.06 / 19:51
13.06 / 18:55
UPS
Provident
MAIL
Action
401(k) savers will see a 'wake-up call' in their next statement, says law professor. Here's what to look for
You may get a nasty surprise when you open your next 401(k) statement.
13.06 / 15:21
Ethereum
Tether
Action
Bitcoin
Withdrawals
Bitcoin crashes to lowest level for two years as Celsius pauses withdrawals
"We are taking this necessary action for the benefit of our entire community in order to stabilise liquidity and operations while we take steps to preserve and protect assets," the company wrote in a memo to users.
13.06 / 13:03
13.06 / 12:29
UPS
Extreme
Platform
Action
Withdrawals
Crypto Lending Platform Celsius Pauses all Withdrawals, Swap, and Transfers
Crypto Lending platform Celsius Network announced on Monday to pause all withdraws and transfers between accounts due to extreme market conditions.
13.06 / 12:29
Ethereum
Tether
Action
Bitcoin
Withdrawals
Bticoin crashes to lowest level for two years as Celsius pauses withdrawals
"We are taking this necessary action for the benefit of our entire community in order to stabilise liquidity and operations while we take steps to preserve and protect assets," the company wrote in a memo to users.
13.06 / 10:05
Action
Withdrawals
Crypto lender Celsius freezes withdrawals over to ‘extreme market conditions’
One of the largest crypto lenders, Celsius Network, told users on the night of 12 June that it is pausing all withdrawals, swaps, and transfers between accounts due to “extreme market conditions.”
13.06 / 09:39
SEC
Action
BNI
Lawyers
Lawyers predict FCA greenwashing crackdown after BaFin and SEC action
The ongoing greenwashing debacle surrounding DWS jolted the asset manager last week, after a dramatic twist that saw German authorities raid its Frankfurt offices, just eight days after the US regulators fined BNY Mellon for allegedly making misleading ESG claims.
13.06 / 04:29
Provident
Action
Support
Cardano: Where ADA’s price could head next after reaching its long-term support
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
13.06 / 01:47
COST
UPS
Action
How Avalanche’s [AVAX] partnership with Chainlink [LINK] cost it over 25%
Although the development is supposed to be a positive trigger for Avalanche [AVAX], it has been subdued by the broader market’s bearish cues that have already wiped out more than $137 billion from the crypto market.
12.06 / 23:39
Digital
XRP
Action
Santiment
Bitcoin
-12%, -8.3%, and -7.5% – Why Cardano, Solana, XRP were hit the hardest today
The cryptocurrency market as a whole has been on a severe downturn of late. Considering the first half of 2022, this isn’t something new either. The market capitalization of the larger crypto-market has fallen by over 14% in the past week alone. And, recent CPI numbers from the U.S have been nothing short of a kick in the gut.
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