Markets

Dan Ives from Wedbush raised his price target for Tesla to $1,900 from $1,800. Today TSLA stock is in the green today.Tesla Inc (NASDAQ: TSLA) stock jumped over 8% after the bell rang on Monday, retesting its all-time high ar over $1,788. The rally began during the pre-market as the shares were 1.8% up from last week’s close.The rally is being attributed to different fundamentals playing in favor of the company, but notably, after analyst Dan Ives at Wedbush raised his price target for Tesla...

Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...

Less than a week ago, the influential legacy markets day trader Dave Portnoy, had a meeting with Cameron and Tyler Winklevoss – the founders of Gemini and well-known Bitcoin proponents.Even though he supposedly bought Bitcoin during their meeting, his enthusiasm for the primary cryptocurrency was shortlived.Now, Portnoy openly solicits cryptocurrency pump and dump schemes, shilling low-cap altcoin to his 1.7 million followers. Industry experts were quick to observe the similarities between...

The price movements of crypto exchange tokens are strongly connected with the crypto trading platform itself. Therefore, AAB token, a native token for the fast-rising AAX exchange, is poised for a massive price rally.Over the years, exchanges have become some of the most formidable entities in the nascent crypto industry. As such, it comes as no surprise that crypto exchange tokens have become integral components of the budding crypto market. These assets offer investors and users access to...

Bitcoin price had been lingering under the $11,900 mark for the past 48 hours, despite another injection of $6 billion entering the global crypto market at that period.In the last hour, however, a sudden surge in buying pressure finally arrived, which assisted in driving prices over the psychological $12,000 resistance for the first time in over a week. The bulls drove the price higher than $12,125, which was the 2020 high since the beginning of August.This key level has so far succeeded in...

The recent ETH options data shows that Ethereum can hit a price of $500. There is enough liquidity and there are obvious calls for this feat to be achievedIt has been a bullish ride for cryptocurrencies as there is a resurgence in price in the past weeks. For the first time in 2 years, the price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization traded a new high close to $440.With the impressive bullish trend, ETH Options, and Futures have also seen a massive...

Bitcoin fails to break $12,000 providing minuscule weekly returns.The pioneer cryptocurrency kicked off the week on the right foot as its price jumped 3.54% upon Monday, August 10th, open. Bitcoin went from trading at a low of $11,685.99 to reach a weekly high of $12,100 by 2:00 UTC. The upswing appears to have turned market participants euphoric about a potential bullish continuation towards $14,000.Nonetheless, large investors seem to have taken advantage of the rising prices to realize...

[Featured Content]This year has been nothing short of tumultuous. Back in March, legacy and cryptocurrency markets went through a massive crash caused by the spreading coronavirus.As part of the remedies, the US Government started printing trillions of dollars and pumping them into the economy. And while global indices have recovered and even paint fresh all-time highs, experts believe that this will have serious long-term consequences. Some even believe hyperinflation is in play.CryptoPotato...

[PRESS RELEASE – Please Read Disclaimer]PayAccept is a decentralized finance (DeFi) and blockchain technology company headquartered in the Netherlands. It offers cryptocurrency and fiat payment processing, financing, loans, card issuances, and risk management services. PayAccept is developing a crypto asset wallet and various technological solutions for merchants to accept payments in a wide range of (crypto)currencies worldwide. The firm aims to broaden the crypto adoption by offering...

Stellar lumen price is currently trading in a positive zone above $0.1100 against the US Dollar.XLM price traded as high as $0.1160 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1080 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above $0.1180 as long as it is above the $0.1000 support zone.Stellar lumen price is currently gaining pace above $0.1100 against the US Dollar, similar to...