Markets

Walmart’s e-commerce sales in the U.S. shot up by 97%. The retailer’s U.S. same-store sales grew by 9.3% in the second quarter, fueled by purchases of food and general merchandise.American multinational retail corporation Walmart Inc (NYSE: WMT) reported on its earnings for its financial Q2 of 2021. According to the official statement, the company’s net sales and operating results were significantly impacted by a prolongation of the global pandemic situation. Bigger demand for products across...

With the latest funding, Robinhood announced an additional $200 million amid a season of consistent growth for the company.Robinhood Markets Inc is now at a valuation of $11.2 billion after its latest funding on Monday. The fintech startup said it raised $200 million from an investment firm, D1 Capital Partners. The recent funding marks the company’s third major cash investment in the last four months.In May, Robinhood’s valuation hit $8.3 billion after it raised $280 million. In addition,...

The U.S. stock market looks quite optimistic these days. The S&P 500 index bounce is fueled by individual stock performance.The S&P 500 Index (INDEXSP: INX) entered the week with a bounce and so much optimism with a short-lived boost driven by Goldman Sachs (NYSE: GS) raising their price target for the prestigious index.The short-lived pump which was seen on Monday also comes as amid declining trading volumes and lingering concerns over a U.S. coronavirus stimulus billThe S&P 500...

BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than...

Joon. G. Kim and INVESTMENT TIMES hosted the ‘2020 Blockchain raising stars 8’.Joon. G. Kim is the organizer who invited ‘2020 Korea Innovative leader 30,’ which nominated the Samsung Electronic previous Chairman Kwon and Jeju Governor Won. ‘2020 Blockchain rasing stars 8’ committee selected foundation and person, they endeavor to the Original market and Blockchain market.They selected four parts (Mainnet, Media, Exchange, and person).In the Mainnet part, Committee selected the Jelurida and...

DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year.One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to reach an all-time high at $12,821. It has become the only cryptocurrency since 2016 to have ever flipped Bitcoin’s dollar value.YFI/USDT. Source: BinanceThe token is the basis of the Ethereum based DeFi yield aggregator Yearn.Finance, which allows users to earn interest and...

ADA price is trading in a positive zone above the $0.1320 support against the US Dollar.The price is currently struggling near $0.1450, but it is well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.1380 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1450 resistance zone.Cardano price is slowly gaining pace above the $0.1400 level against the US Dollar, similar...

Ethereum price remained in a positive zone and climbed towards $450 against the US Dollar.ETH price is currently consolidating gains above the $412 and $410 support levels.There is a crucial bullish trend line forming with support near $402 on the 4-hours chart (data feed from Coinbase).The pair is likely to climb further above the $450 resistance as long as it is above $400.Ethereum price is currently following a nice uptrend above $400 against the US Dollar. ETH/USD might start another...

Bitcoin bulls have successfully retained its price above the psychological $12,000 level after yesterday’s push.Elsewhere, Chainlink retraced considerably since marking consecutive ATHs, while Yearn.Finance reached a fresh all-time high just a few hours ago.Bitcoin Price Holds $12,000The primary cryptocurrency attempted to overcome the $12,000 mark a few times this year without any success. Each time, the bears stepped in and drove the price south rather rapidly.After yesterday’s price surge...

When choosing to trade cryptocurrencies, or any other type of digital asset, users must always consider if they’re the right fit for the job. Trading any digital asset requires a lot of knowledge in the market, technical chart analysis, and sometimes even a bit of luck. It can all get very complicated in just a matter of seconds, and emotions could also play a huge part in the decision-making process when trading. This is precisely why sometimes its best to step aside and choose somebody more...