Market (@MarketNewsUpdateINT) on getquin

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟮.𝟬𝟲.𝟮𝟬𝟮𝟮

Hello getquin!

Today it's about Russia, Biden and the renewed failure of the blockchain Solana. Plus, an indictment of the ex-OpenSea boss and quarterly figures!

Feel free to tag at MarketNews in your posts on the topic:

𝚂𝚑𝚊𝚛𝚎𝚜 𝚒𝚗 𝚝𝚑𝚎 𝚏𝚒𝚗𝚊𝚗𝚌𝚒𝚊𝚕 𝚜𝚎𝚌𝚝𝚘𝚛🏦

𝗘𝘂𝗿𝗼𝗽𝗲 🌍:

1. 𝘍𝘶𝘳𝘵𝘩𝘦𝘳 𝘰𝘪𝘭 𝘴𝘢𝘯𝘤𝘵𝘪𝘰𝘯𝘴 𝘢𝘨𝘢𝘪𝘯𝘴𝘵 𝘙𝘶𝘴𝘴𝘪𝘢

In response to European restrictions on Russian oil, Moscow could look for new buyers or cut production to keep prices high. If OPEC does not intervene, its actions will have an impact on the global economy.

As part of the EU's sixth package of sanctions against Russia since the invasion of Ukraine, EU leaders agreed on Monday to ban 90% of Russian crude by the end of the year.

In a report on Tuesday, Helima Croft, head of global commodity strategy at RBC Capital Markets, said: "The Russian response will definitely require close monitoring."

🟩 Crude Oil 115,88 $ (🔼 +0.6%)

More on the sanctions: https://cnb.cx/3x6UaCm

𝗔𝗺𝗲𝗿𝗶𝗰𝗮🌎:

1. 𝘉𝘪𝘥𝘦𝘯 𝘮𝘦𝘦𝘵𝘴 𝘍𝘦𝘥-𝘊𝘩𝘢𝘪𝘳𝘮𝘢𝘯 𝘗𝘰𝘸𝘦𝘭𝘭

It's a sign that the situation is serious when US President Joe Biden and Federal Reserve Chairman Jerome Powell meet in the White House. Because they only meet on rare occasions, such as at the inauguration. In the meantime, the Democrat and the Chairman of the Federal Reserve have met three times. Because inflation is now greater than it has been in 40 years: it reached 8.3 percent in April.

More on the meeting: https://bit.ly/3GFuCRq

𝗪𝗼𝗿𝗹𝗱 🌏🌍🌎:

3. 𝘚𝘰𝘭𝘢𝘯𝘢 𝘴𝘶𝘧𝘧𝘦𝘳𝘦𝘥 𝘪𝘵𝘴 𝘴𝘦𝘤𝘰𝘯𝘥 𝘰𝘶𝘵𝘢𝘨𝘦 𝘪𝘯 𝘢 𝘮𝘰𝘯𝘵𝘩

On Wednesday, Solana fell more than 12% as the blockchain failed for the second time in less than a month. During last year's crypto boom, investors who had mainly focused on Ethereum began diversifying into Solana and other alternative blockchains.

However, over the past year and a half, there have been repeated outages of the blockchain network, highlighting the disadvantage.

🟥 $SOL (+3.51%) , 37,92€ (🔽 -10.8%)

Interested in the topic? https://cnb.cx/3NfGJXG

𝗦𝗰𝗮𝗻𝗱𝗮𝗹:

𝘜𝘚 𝘊𝘩𝘢𝘳𝘨𝘦𝘴 𝘌𝘹-𝘖𝘱𝘦𝘯𝘚𝘦𝘢 𝘌𝘹𝘦𝘤 𝘞𝘪𝘵𝘩 𝘕𝘍𝘛 𝘐𝘯𝘴𝘪𝘥𝘦𝘳 𝘛𝘳𝘢𝘥𝘪𝘯

Nate Chastain, the former head of product at OpenSea who left the NFT market after an insider trading scandal in September 2021, is now in the crosshairs of US authorities.

Chastain was charged on Wednesday with wire fraud and money laundering in connection with trading on confidential information about which non-fungible tokens would appear on OpenSea's home page, the Justice Department said in a press release. The two indictments each carry a maximum sentence of 20 years in prison.

The Justice Department alleges in the press release that Chastain sold "dozens of NFTs" after he posted them on the website, for two to five times the original price. Chastain concealed his fraud by making these purchases through anonymous digital wallets and anonymous OpenSea user accounts, the Justice Department said.

More about Nate Chastain: https://bit.ly/3948JyO

𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗖𝗮𝗹𝗹:

𝘎𝘢𝘮𝘦𝘚𝘵𝘰𝘱 $GME (+7.23%)

GameStop ended the first quarter with a higher loss. The loss per share rose from 0.450 US dollars to 2.08 US dollars. The company thus made more losses than analysts had expected; expert estimates had been for EPS of -1.450 US dollars.

EPS: 🟥 -1.45 $ expected vs -2.08 $ published; Difference: -69.71%

Umsatz: 🟩 1.32 Mrd $ expected vs 1.38 Mrd $ published; Difference: +4.76%