Markets

Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there.Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming that he’s making money off stocks he didn’t even know he owned.Now, the poster-child of the day-trading boom, says he’s “coming to Bitcoin.” And...

One of the reasons the cryptocurrency space is seeing increasing interest is due to the crypto market. We are seeing an increasing number of individuals trading crypto in an attempt to generate consistent monthly returns from the market. The first step in being a profitable crypto trader is to have a strategy in place. In this article, we will take a look at some of the popular strategies that traders are using to gain an edge in the market. ArbitrageArbitrage is by far one of the most...

A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Right now, they are steadily growing and demonstrating excellent dynamics. On shorter times frames, many assets are forming different patterns in favor of further bullish tendencies. For bulls,...

Ampleforth (AMPL) is one of the projects in the decentralized finance (DeFi) space that took the community by a storm, despite being on the market for over a year.Over the past couple of months, AMPL managed to become arguably one of the most widely-discussed protocols, largely because of its quick exponential growth.Now, however, the team has taken an essential step towards providing its users with further incentives to provide liquidity to its pools and receive attractive yields.Ampleforth...

Apple Inc (NASDAQ: AAPL) announced on Tuesday that its longtime marketing leader, Phil Schiller has stepped down and joined Apple Fellow. Schiller is being replaced by Greg Joswiak, a longtime leader within the Product Marketing organization.Apple Inc (NASDAQ: AAPL) through its official communication channel announced on Tuesday that its longtime market leader, Phil Schiller has stepped down and joined Apple Fellow. In his new role, Schiller will continue to lead the App Store and Apple...

A few hours ago, the Opyn DeFi platform discovered a vulnerability in one of its ETH Put contracts, which enabled an attacker to make off with $371,000 worth of crypto assets.The Ethereum based decentralized insurance platform allows users to protect themselves from risks they may face in decentralized finance markets. It operates with an options protocol that allows DeFi users to create put and call options.In simple terms, a put option is a contract that gives an investor the right, but not...

ADA price is facing a strong resistance near the $0.1480 and $0.1500 levels against the US Dollar.The price is currently trading nicely above the $0.1380 support and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1485 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1500 pivot level.Cardano price is currently consolidating above the $0.1400 zone against the...

Bitcoin price rallied to a new multi-month high at $12,131 correcting lower.The price traded as low as $10,560 and it recently recovered above the $11,000 level.There is a connecting bullish trend line forming with support near $11,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the main $11,000 support zone to start a fresh rally in the near term.Bitcoin price is holding a couple of important supports near $11,000 against the US Dollar. BTC...

The Coke One North America (CONA) aims to utilize Ethereum’s Baseline Protocol in a new project to manage supply chains across different bottling suppliers.Coca Cola to Create Botting Harbor with Ethereum-based NetworkAccording to a report from Monday (August 3, 2020), CONA established a project called “Coca-Cola Bottling Harbor,” which will leverage the Baseline Protocol. The use of the protocol will ensure that transactions are private and stored on the Ethereum blockchain.The project is an...

Bitcoin’s price increased by about 22% over the past couple of weeks. Its gains were greater, but there was a sudden correction during the weekend.In any case, it’s safe to say that volatility is back in the market, and with it, the interest is also increasing. In fact, data from Glassnode shows that the number of unique addresses to appear on Bitcoin’s network for the first time are at their highest level since 2017.New BTC Addresses SurgeAccording to the popular cryptocurrency analysis firm...