Markets

Despite yesterday’s 6.7% plunge, Apple (AAPL) stock is up in the pre-market. Now investors want to know whether they need to listen to the pessimistic opinion of the analyst about AAPL shares.The shares of tech giant Apple Inc (NASDAQ: AAPL) closed with a drop of about 6.7% yesterday following a pessimistic call from Goldman Sachs analyst Rod Hall.Hall which gave Apple (AAPL) stock a sell rating back in April has also taken a position that has caused a plunge in the shares of Apple (AAPL). In...

Without reiterating too much, this past week has been rather rough for bitcoin. The currency has lost about $2,000 and fallen from $12,000 all the way down to the low $10,000 position. To say that things are bearish for the coin would be something of an understatement.Labor Day Is Here, and That Could be Good for BitcoinAnd yet according to some analysts, this week is going to prove pivotal for the world’s number one cryptocurrency by market cap. This is Labor Day week, which just last month,...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Using Sygnum’s digital asset trading facility, investors can broaden their investment opportunities and add diversification by trading previously non-accessible securities in a tokenized form, including equity, debt, and real estate. They also benefit from instant settlement via the Sygnum-issued digital CHF (DCHF), the flexibility of moving between...

One of the big problems that everyone seems to have with bitcoin and crypto is that they are not as regulated as other financial markets. For the most part, they are designed to be decentralized and give more monetary power to users, but without any regulation at all, things are bound to get out of hand.Bitcoin Regulation May Take On a Different FormNow, some are promoting the idea of bitcoin being regulated the way India regulates its stock market. The idea comes from Deepak Kapoor, a...

Yield farming is a popular topic in the DeFi space for some time now. We know you may have many questions regarding yield farming – What is it? Why is it generating so much buzz?Let’s start with a simple statistic. In 2020, the DeFi space is so far growing at a rate of 150% in terms of total value locked (TVL) in dollars. In comparison, the crypto market capitalization has so far grown at a rate of only 37%.Many experts give credit to yield farming for the astounding growth of the DeFi space...

With support from big players in the industry, LN Markets can guarantee its customers top-notch trading capabilities.LN Markets, a trading platform that is built on top of the Lightning Network, has concluded a pre-seed funding round for an undisclosed amount led by crypto exchange Bitfinex among other investors.LN Markets leverages the Lightning Network hence solving issues on the scalability layer on top of Bitcoin, which enables instant and cost-efficient transactions.Win for Bitcoin,...

Der BTC ist eingebrochen. Noch hält er sich zwar 5-stellig, aber die letzten Tage haben ungefähr 20 Prozent des Jahreshochs eliminiert. Doch die Kursschwäche des Bitcoin lässt sich nur schwer mit dem Bitcoin selbst oder dem BTC-Network erklären. Der wichtigste US-Index deutet an, woran es liegen könnte.Bitcoin News: Wieder zeigen S&P500 und Bitcoin dieselbe KursbewegungDer S&P500 ist der wichtigste US-Index, und damit wahrscheinlich der wichtigste Index der Welt. Interessant ist, dass...

Tron saw a healthy 12% price hike today as it reached the $0.0326 level.While the entire top 20 sees negative figures over the past week, Tron managed to remain in the positive by a total of 5%.Against Bitcoin, TRX headed higher since the weekend after it rebounded from 288 SAT to reach 330 SAT today.TRX/USD: TRX Bulls Defend $0.03 With EaseKey Support Levels: $0.032, $0.03, $0.028Key Resistance Levels: $0.035, $0.04, $0.0436.TRX was pushing higher toward the end of August and managed to...

A popular cryptocurrency analyst pointed out that Bitcoin tested the 20-week moving average (MA) on its recent move down from $12,000 to $10,000. This could turn out to be a bullish sign for BTC, as identical price developments have pumped it higher during the last bull market in 2017.Bitcoin’s Recent Price DropsAfter dumping to below $3,700 during the massive selloff in March, Bitcoin went on a roll. The primary cryptocurrency recovered its losses in a few months as the bulls took control....

In the last few years, the blockchain industry has shifted from being a rather niche market mostly comprised of experimental technologies and fledging protocols, to a multi-billion dollar industry full of fintech unicorns and novel platforms that promise to disrupt traditional finance and practically every other industry.Although many countries have been racing to position themselves as a global hub for blockchain, it is becoming increasingly apparent that Asia is forming the epicenter of...