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Sources indicate that artificial intelligence chip company Cerebras Systems plans to raise its IPO price range to $150 to $160 per share and plans to issue 30 million shares. If priced at the upper end of the guidance range, the IPO could raise up to $4.8 billion.May 11 - According to a report by Irans Tasnim News Agency on May 10, citing sources, Iran has requested the U.S. Treasury Departments Office of Foreign Assets Control to lift sanctions related to Iranian oil sales within 30 days, in its proposal to the United States.May 11th - According to Irans Tasnim News Agency, an Iranian source stated, "We have just seen the so-called US presidents reaction to Irans response. This is completely irrelevant; no one in Iran will draft a proposal to please Trump. The only thing the negotiating team should develop is a plan that upholds the rights of the Iranian nation. If Trump is not satisfied with this, that would be a better outcome."On May 11, according to Axios, Trump said in a brief phone interview on Sunday that he rejected Irans latest draft agreement to end the war. Trump stated, "I dont like their letter. Their wording is inappropriate. I dont like their response." However, he declined to elaborate on the content of the reply. He said, "Theyve been giving the runaround to many countries for 47 years." Trump indicated that he spoke with Israeli Prime Minister Netanyahu on Sunday, and the two discussed Irans response and other issues. Trump said, "It was a very pleasant call. We have a very good relationship." However, he added that the Iran negotiations "are my business, not anyone elses business." In this brief interview, Trump did not specify whether he intended to continue negotiations or whether he might turn to military action.US President Trump: We have just successfully secured the release of three Poles and two Moldovans who were previously detained in Belarusian and Russian detention centers.

ETH Bulls Should Aim for a Return to $1,280 or Risk a Fall to $1,230

Daniel Rogers

Dec 12, 2022 15:34

Bitcoin (BTC) and ethereum (ETH) closed the day in the red on Sunday, due to a late-day sell-off. BTC and ETH fell due to investor reaction to news of anomalous account behavior on Binance and concern of the Federal Reserve. This morning, there was no improvement in market circumstances. ETH and BTC first tested support levels as investors reacted to the most recent Binance news. On Sunday, Ethereum (ETH) declined by 0.32 percent. ETH closed the week down 1.31% to $1,263, reversing a Saturday gain of 0.32%. ETH dipped below $1,300 for the sixth session in a row.

 

After a range-bound morning, ETH reached a high of $1,285 in the early evening. ETH surpassed the First Major Resistance Level (R1) at $1,280 before falling to an intraday low of $1,256. ETH closed the day at $1,267 after finding support at the First Major Support Level (S1) at $1,257.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

Bitcoin (BTC) decreased by 0.13% on Sunday. BTC concluded the week at $17,110, down 0.10 percent following a Saturday down of 0.02%. Notably, Bitcoin avoided falling below $17,000 for the third session in a row.

 

Following a bullish morning, BTC reached a high of $17,503 in the early evening. BTC breached the day's Major Resistance Levels before tumbling to a low of $17,092. BTC ended the day at $17,110, avoiding the First Major Support Level (S1) at $17,076, albeit avoiding it.