Bitcoin’s price went on a rollercoaster today, and the volatility continues to be rampant. Amid all this, the market saw more than $800 million in liquidations of both long and short positions in the past 24 hours alone.Bitcoin’s Rampant VolatilityTrading is a zero-sum game. For someone to win, someone else has to lose. This was perfectly exemplified in today’s market performance.Bitcoin’s price went from a high at above $24,300 to a low below $21,850 in a matter of hours. To anyone thinking...
Read More »Während Bitcoin-Rally: Coinbase verkündet Börsengang!
Coinbase verwaltet 20 Milliarden US-Dollar Die US-amerikanische Kryptobörse Coinbase hat einen baldigen Börsengang angekündigt. Das Unternehmen gab am Donnerstag bekannt, einen Antrag bei der Börsenaufsicht SEC gestellt zu haben. Wievel wird Coinbase wert sein? AirBnB übertraf diesen Herbst alle Erwartungen und kam auf einen Börsenwert von mehr als 100 Milliarden US-Dollar. (Gutschein unten im Artikel) Coinbase reicht Bilanzdaten ein Schon...
Read More »Jack Ma Offers Beijing Part of Ant Group to Appease Regulators and Rescue Its IPO
Ant Group had anticipated raising up to $35 billion in a dual listing in Hong Kong and Shanghai stock exchanges.In a bid to rescue and salvage the world’s largest IPO, Jack Ma is reported to have offered Beijing part of Ant Group to appease the contentious relationship. “You can take any of the platforms Ant has, as long as the country needs it,” Mr. Ma proposed to the Chinese regulators.Meanwhile, the Chinese regulators have not responded to the offer but people close and familiar with the...
Read More »Tesla to Enter S&P 500 as 5th Largest Company by 1.69% Weightage in Index
As Tesla prepares to make an entry to the S&P 500 index later today, here’s how it will impact the index movements.The world’s largest automobile company Tesla Inc (NASDAQ: TSLA) is all set to debut on the S&P 500 on Monday, December 21. With a weighting of 1.69%, Tesla will be the fifth-largest company in the index beating other giants like Alphabet Inc (NASDAQ: GOOGL) and Berkshire Hathaway Inc (NYSE: BRK.A).After an outstanding performance, Tesla has finally roared its way to the...
Read More »Bitcoin Price Plunges $1500 In Hours On Global Markets Pullback
Following last evening’s run-up to around $24,300, today the markets are deep in the red. Bitcoin dipped below $22,700, charting a decrease of about 3.5% on the day, while altcoins crash even harder.This downturn coincides with a market-wide pullback in traditional finance as major European indices tumble while US index futures are also down in the pre-market hours.Bitcoin Price Loses $1,400 in Hours, Market FollowsYesterday was a good day for Bitcoin as the price for the cryptocurrency...
Read More »Stellar Lumen (XLM) Price Signaling Next Crucial Break, $0.18 Holds Key
Stellar lumen price topped near $0.2080 and started a fresh decline against the US Dollar.XLM price is now testing the $0.1750 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1750 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.1800 or it might dive further below $0.1750.Stellar lumen price is correcting gains from well above $0.2000 against the US Dollar, while bitcoin holding gains. XLM...
Read More »Market Watch: New ATH For BTC, Bitcoin Cash Records 10-Month High
Bitcoin’s weekend ended with high volatility again with a new all-time high of $24,300 and a subsequent violent rejection to $23,100. Most alternative coins have stalled in the past 24 hours, except Bitcoin Cash – it has skyrocketed by 15% to its highest level since February.Bitcoin’s New ATH And Sharp DumpThe past several days have been wildly bullish for the primary cryptocurrency. After finally breaking above the coveted $20,000 price tag, BTC continued forwards and charted a few...
Read More »Ripple Price Analysis: Fresh Surge Likely Above $0.58
Ripple price is struggling to clear the $0.5800 and $0.6000 resistance levels against the US dollar.The price is holding the key $0.5350 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.5780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh increase if there is a clear break above $0.5780 and $0.5800.Ripple price is showing bullish signs above $0.5350 against the US Dollar. XRP...
Read More »Tom DeMark: The Good Fortune of Bitcoin May Not Last Much Longer
Bitcoin has been doing quite well as of late. In recent days, the currency has hit a new all-time high and has shot beyond the $22,000 mark, bringing the world’s number one cryptocurrency by market cap to its most bullish peak yet.Bitcoin Is Doing Well, But Could This Streak End?However, while the asset appears to be surging, many are worried that the positive waves making their way through the industry won’t last much longer. Some analysts are warning their followers that things are going to...
Read More »Bitcoin Hits New All-Time High, Shoots Above $22,000
Bitcoin has hit a new all-time high. Just 24 hours after shooting beyond the $20,000 mark, the world’s number one digital currency by market cap has surged to $22,700, roughly $2,000 higher than where it stood just 24 hours ago.Bitcoin Is Growing Like Never BeforeThe currency has been on a serious surge over the past few weeks. Considering the asset was, at one point in mid-March, trapped below the $4,000 for a brief period, the currency has added close to $20,000 to its price in just nine...
Read More »