There are several investment opportunities popular all over the world and as time goes on, trends seem to always change. For many years, the stock market has been the most popular and also one of the most lucrative especially in the U.S. as records show that the S&P 500 has gained more than 180% in the last ten years. However, another investment channel that doesn’t seem to be talked about much but pulls in mouth-watering rewards, is the art market.A recent Citi report which was put...
Read More »Bitcoin Bulls Gain Momentum above $7,400 Price Level for Another Assault
The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t seen a generous recovery in Bitcoin at the moment. In any case, consolidation may likewise provide a recovery opportunity for long-term HODLers.After a previous mixed week,...
Read More »Sanofi Acquiring Synthorx for $2.5B to Strengthen Immuno-Oncology Portfolio
French multinational company Sanofi SA stated on Monday that it will buy biotechnology company Synthorx Inc. for a combined equity value of approximately $2.5 billion. In other words, it will be $65 per share.The acquisition is expected to close in the first quarter in 2020 and the company believes it will strengthen Sanofi’s existing immuno-oncology portfolio.Paul Hudson, who is the CEO of Sanofi, said:“This acquisition fits perfectly with our strategy to build a portfolio of high-quality...
Read More »Stock Markets Surprised Investment Funds in 2019 but Bearish Sentiment Continues for 2020
The traditional stock market has performed against the predictions of some of the world’s top investment funds. During the start of 2019, financial institutions predicted that stock markets will see a major downturn. However, to their surprise, the Dow Jones surged 18% year-to-date nearing its all-time high.Similarly, the S&P 500 has given over 24% returns so far this year. With this performance, 2019 is likely to turn out as the second-best performing year in a decade, in terms of annual...
Read More »Market Analysts Forecast International Stocks over U.S. Stocks in 2020
Knowledge of the U.S. stock markets has shown that over the last decade, there has been consistent growth in general, ensuring that the market remains one of the best places to invest since 2010. However, if strategists and market analysts are to be believed, the U.S. market could soon lose the superiority it currently enjoys.In the last ten years, U.S. stocks have been impressive, especially as international stocks, on the other hand, have sorely disappointed its players. The S&P 500,...
Read More »Stellar Lumen (XLM) Price Could Dive Before Fresh Increase
Stellar lumen price is struggling to climb above the $0.0565 and $0.0580 resistances against the US Dollar.XLM price is currently trading in a range above the main $0.0535 support area.There is a major bearish trend line forming with resistance near $0.0562 on the 4-hours chart (data feed via Kraken).The pair could dive towards $0.0520 before it starts a fresh increase towards $0.0620 and $0.0650.Stellar lumen price is showing bearish signs against the US Dollar and bitcoin. XLM price must...
Read More »#767 Bitcoin Tiefpunkt nahe, Brave Browser 10 Millionen Nutzer & EOS Voice Beta
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 767. Heute sprechen wir über folgende Themen: Der Bitcoin-Tiefpunkt ist nahe, bullische Umkehr wird „stark“, Brave Browser mit 10 Millionen Nutzern & EOS Voice kündigt Beta an. 1.) BTC-Analyse: Der Bitcoin-Tiefpunkt ist nahe, bullische Umkehr wird „stark“https://coincierge.de/2019/btc-analyse-der-bitcoin-tiefpunkt-ist-nahe-bullische-umkehr-wird-stark/ 2.) Brave Browser mit 10 Millionen Nutzern – Basic...
Read More »People’s Bank of China Is to Try Out Its New Digital Currency in Two Cities
Sequel to earlier reports that its digital currency was in the works, the Chinese are reportedly set to test its new digital currency electronic payment (DC/EP) in two cities of Shenzen and Suzhou. Sources further indicate that the People’s Bank of China (PBoC) will become the first Central Bank in the world to introduce its digital currency. It has also further emerged that the PBoC is set to work with seven state-owned corporate entities to run this test: three telecoms companies and four...
Read More »Ripple Price Analysis: XRP Approaching Next Significant Break
Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...
Read More »The US IRS Wants To Know How You Got Your Bitcoin
The Internal Revenue Service (IRS) of the US has long been trying to figure out the best way to single out and tax cryptocurrency holders. The authority has issued a new draft form which aims to obtain essential information regarding the acquisition, exchange, and sale of Bitcoin and other virtual assets.Do You Own Any Bitcoin?Cryptocurrency taxation has long been one of the hot topics amid regulators throughout the entire world. When it comes to the US, in particular, when an investor...
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