As of Thursday, September 15, Ethereum has finally become a “proof-of-stake protocol” following the much-awaited Merge.Ethereum price may reverse the trend to the upside if support at $1,500 stays intact. Ethereum price is fighting to find footing after slipping below $1,600. The last few days have seen the newest proof-of-stake …

The EUR/USD pair is seesawing around parity after mixed ECB official signals. The positive US Retail Sales confirms the case of the Fed’s going for a 75 bps interest hike.ECB official Mario Centeno expressed that the central bank should take “as small steps as possible.” The EUR/USD is positive in …

The New York Stock Exchange started trading Thursday in a bearish trend, generally impacted by soaring US Treasury bond yields at the beginning of the current session’s trading.The US stock exchange indices fell to lower levels compared to the positive closing achieved last Wednesday, which came as a result of …

The EUR/USD continues to move sideways around the parity level ahead of next week’s FOMC meeting. The risks on the EUR/USD are tilted to the downside and they warn it could drop to 0.95.The insecurely position of growth in the Eurozone in the coming months may mean that higher short-term …

Gold and silver prices were lower in early U.S. trading Thursday, with gold falling to a seven-week low hitting $1667 per ounce versus Wednesday’s closing price at $1696.79. The soaring US dollar index along with rising Treasury yields and some hotter US inflation data, have all combined to keep gold …

The US dollar that fell to the 109.257 low, but did not stay down for long on Wednesday, the Dollar Index rallied back to test the 109.70s in New York. Technically, the index is on course for the 109.90s again ahead of what is expected to be a hawkish Fed’s …

Crude oil market is busy digesting latest signals on the level of growth demand. Volatility has brought about oil prices gain of 1% on Wednesday. The latest signals include US crude inventory data, inflation indicatiors and the impact of China’s COVID lockdowns. As of 3:33 p.m. EST on Wednesday, Brent …

The blockchain behind Ethereum will attempt to do what no major blockchain has ever done, with plans to switch consensus mechanisms and protocols from proof-of-work to proof-of-stake. One of the biggest questions on the market now is: What impact will this transition have on the dominant cryptocurrency, bitcoin?According to some …

The Nasdaq Composite closed higher in a mixed trading session on Wednesday as investors tried to find their footing after the biggest one-day drop in more than two years.The modest gains followed a massive sell-off for stocks on Tuesday. The Dow sank more than 1,200 points, or nearly 4%, while …

Gold price has retreated but eventually was able to stabilize ahead of the looming FOMC’s rate hike and Ukraine peace talks Gold held steady as traders have worries concerning the monetary tightening path by the US central bank after economic data, including Tuesday’s CPI and Wednesday’s PPI, pointed to elevated …