Markets

The Winklevoss Twins – the head executives of the Gemini Exchange in New York – believe that the price of bitcoin could potentially reach $500K in the coming future.The Winklevoss Twins Are Pushing BTC All Over AgainWhile they didn’t give a date regarding when people can expect the world’s number one cryptocurrency by market cap to reach this figure, they did say that with the current state of the dollar and with gold on such a meteoric rise in recent weeks, bitcoin is looking better than...

Yearn Finance, the DeFi protocol that took the entire crypto field by a storm, continues to break new grounds.Its governance token, YFI, suddenly shot up to 77,000 BUSD on Binance in what appears to have been some sort of a mishap.In any case, the cryptocurrency continues to impress as its price already surpassed the all-time high of Bitcoin, peaking at $23,166 against USDT on Binance.YFI Price Touches 77,000 BUSDIn what may have been a costly mistake, the price for YFI against BUSD suddenly...

Oasis Network’s privacy-preserving components will have the ability to collect data from multiple sources via Chainlink and use it as input for privacy-preserving computation models that only release the outputs while the data and the models are kept private.Oasis Foundation, an organization supporting the development of the Oasis Network and its ecosystem, decided to integrate Chainlink market-leading decentralized oracles to enable support for Decentralized Finance (DeFi), and various other...

All three major U.S. stock indexes ended the week higher than last Friday’s close, which represents the fifth consecutive weekly gains for the S&P 500 and the Nasdaq.Wall Street went on rising at the week’s end, with technology stocks driving the S&P 500 to its sixth record closing high since confirming a bull market on August 18. The Nasdaq (INDEXNASDAQ: .IXIC) also had an all-time closing high while the blue-chip Dow (INDEXDJX: .DJI) also stands in positive territory year-to-date....

Every day brings something new to the cryptocurrency market as the DeFi craze continues to boom and surprise.Announced on August 26th, the SushiSwap project is attempting to take the concept behind the leading decentralized exchange protocol, Uniswap, and offer an alternative with further incentives to liquidity providers.Enters SushiSwap: What is it?In an announcement from August 26th, a team of developers revealed the SushiSwap project – an initiative attempted to be “an evolution of...

If the TikTok deal goes through, it can give a massive boost to Walmart’s online advertisement and e-commerce business. Besides, Walmart will have a strong footprint in the social media world competing directly against giants like Facebook, Amazon, and Alphabet.The U.S. retail giant Walmart Inc (NYSE: WMT) has been the recent entrant in a bid for TikTok. On Thursday, Walmart confirmed that it will partner with tech giant Microsoft for the TikTok bid. Walmart share price has surged by over 7%...

With two companies joining forces, HedgeTrade’s traders will now be able to publish and monetize predictions for TRX trading pairs by creating the aforementioned Blueprints.TRON has announced a partnership with blockchain-based social trading platform HedgeTrade, giving TRON users a way to gauge market sentiment on TRX.The native currency of the TRON ecosystem will be integrated into Singapore-based HedgeTrade’s popular predictions platform, where traders post predictions into smart...

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts.Bitcoin Back Above $11,500The primary cryptocurrency saw its fair share of price dumps in the past few days. BTC even experienced quite volatile developments following an announcement from the US Federal Reserve...

The number of digital wallets containing more than 1,000 bitcoin units has grown to an all-time high. According to the Bitcoin Rich List, roughly 2,190 separate wallets contain 1,000 units of bitcoin or more each, which makes sense considering the circumstances that have surrounded the world’s most popular – and largest – cryptocurrency by market cap as of late.A High Number of Growing Bitcoin WalletsAs it stands, more and more people are beginning to view bitcoin in a positive light. In...

Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process.However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation average targeting, and the markets reacted. Bitcoin shot up from about $11,300 to $11,600, following gold and silver, as well as stocks. The...