Bitcoin and Ethereum – Weekly Technical Analysis – May 17th, 2021

Bitcoin Bitcoin, BTC to USD, slid by 20.06% in the week ending 16th May. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0. A mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse. Falling short of the first major resistance level at $60,831, Bitcoin slid to a Sunday intraweek low $44,021.0. The extended sell-off saw Bitcoin fall through the first major support level at $54,341 and the second major support level… Source link

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Bitcoin drops to 3-month low in wild trading after Musk tweets

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link

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Google Canada Commits $2 Million to Reskill Job Seekers for New Careers in Technology in Under Six Months

Support includes three-year Google.org grant to NPower Canada, distributing 5,000 Google Career Certificate scholarships to underserved communities and providing funding to four Canadian nonprofits to support job training programs TORONTO, May 17, 2021 /CNW/ – Today Google Canada announced a $2 million commitment in digital skills to train job seekers in Canada for new careers in technology in under six months. The support includes a three-year Google.org grant to NPower Canada to deliver Source link

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World’s Worst Stock Rout Deepens as Taiwan Tightens Virus Curbs

(Bloomberg) — Taiwan stocks slumped, extending their biggest rout in more than a year, as the government tightened restrictions on people and businesses to control its worst outbreak of the coronavirus. The Taiwan Stock Exchange Weighted Index closed the Monday session 3% lower, having slid as much as 4.2%, as authorities urged companies to allow staff to work from home or split locations after reporting a record 206 new local cases Sunday. The benchmark gauge sank 8.4% last week on concern… Source link

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Lakers and Warriors set for play-in matchup

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Sunday’s final standings Eastern Conference 1. Philadelphia 76ers (49-23) 2. Brooklyn Nets (48-24, 1 GB) 3. Milwaukee Bucks (46-26, 2 GB) 4. New York Knicks (40-31, 8 GB) 5. Atlanta Hawks (40-31, 8 GB) 6. Miami Heat (40-32, 9 GB) Play-in tournament 7. Boston… Source link

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Microsoft Conducted Probe on Gates’s Involvement With Employee

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Break Out Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants; they’ve got huge market valuations, and have made their early investors very happy…. Source link

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Bitcoin price lower after Musk tweet

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Break Out Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants; they’ve got huge market valuations, and have made their early investors very happy…. Source link

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Bitcoin Tumbles After Musk Implies Tesla May Sell Cryptocurrency

(Bloomberg) — Elon Musk continued to whipsaw the price of Bitcoin, sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its cryptocurrency holdings. Bitcoin slid below $45,000 for the first time in almost three months after the billionaire owner of the electric-car maker seemed to agree with a Twitter post that said Tesla should divest what at one point was a $1.5 billion stake in the largest cryptocurrency. It traded at… Source link

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