Elon Musk is taking Jack Dorsey to court as part of his legal battle with Twitter.
Mr Musk is seeking to end his $44bn deal for Twitter after alleging the firm failed to provide enough information on fake account numbers.
But the social media site is suing Mr Musk to try to force him to buy it.
The case will be heard in Delaware, US, in October unless both parties decide to settle outside of court beforehand.
The GBP/USD currency pair has recently witnessed some noteworthy developments in its price action. While the team managed to break through certain technical levels, it encountered resistance at the crucial 61.8% Fibonacci level. This blog post delves into the current state of GBP/USD, the significance of the recent technical movements, and the implications for traders….
Binance, one of the world’s leading cryptocurrency exchanges, currently offers Bitcoin at an amazing discount of 21% against the Australian dollar (AUD). This significant price difference can be attributed to recent events, including the temporary suspension of Binance’s Australian dollar services and the impending conversion of remaining funds to USDT (Tether). The factors behind Binance’s…
EUR/USD is having difficulty climbing beyond the 1.0100 mark. The EURUSD pair is starting off the new week on a positive note, but is having trouble maintaining momentum and climbing beyond the 1.0100 mark. Prices have remained steady near the 1.0115 area, which is a three-week high that was reached last Friday. The downside doesn’t…
USDCHF moved back above the 100 hour MA for the third time in the last five trading days, but failed to sustain the prior two breakthroughs last week. Today’s break is off a lower 100 hour MA at 0.95415. The high price has moved to 0.9559 so far. Traders will now use the 100 hour…
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s annual economic symposium in Jackson Hole, Wyoming, on Friday at 10.a.m. ET.
Another big cryptocurrency hack has been reported, this time of the Solana system. The attack is apparently still happening. Some users’ wallets are said to have been emptied entirely. Major “hot” wallets that are connected to the internet, like Phantom, Slope and Trust Wallet, are among those affected. Several Solana addresses have been linked to…
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