Markets

Trading in any market can be a difficult thing, especially if you lack technical knowledge. Luckily, there are services like managed investment accounts, where a professional does all the work for you. A managed investment account (or portfolio) can be defined as a set of assets that are given to a specific financial company, a broker or financial advisor, who are tasked with making all the investment decisions about the portfolio for you, and with the ultimate purpose of obtaining the best...

On August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.The world of cryptocurrencies has been quite stagnated for quite some time now. The big names in the market – Bitcoin, Ethereum, and others – had been registering alarmingly low marks for several months. However, cryptocurrency analysts had been expecting the market to become bullish and the signs of this have begun to show now. What’s...

The correlation between the price of gold, silver, and Bitcoin continues. The three assets are moving in a very similar matter, regardless of the direction. Most recently, all three experienced a decline.According to some analysts, gold’s price could be used as an indicator of Bitcoin’s behavior so long as the correlation remains high.On another note, the similarity in their performance also hints that the cryptocurrency is increasingly seen as a store of value purchase for investors.Bitcoin,...

Announcing its stock split, Tesla said that they were looking to make its shares more accessible to employees and small investors. On Tuesday, August 11, automobile tech giant and electric car maker Tesla Inc announced its five-for-one stock split post market hours. By Tuesday market closing hours, TSLA (NASDAQ: TSLA) stock was down 3.1% slipping below $1400 levels.However, soon after the split announcement, Tesla stock surged 5.57% in the post-market hours. Now in the pre-market, the stock...

You may have heard of Uniswap has been a frequently debated topic among the DeFi space. Originally, Hayden Adams created the Uniswap protocol as he was inspired by Vitalik Buterin’s post about the market maker equation X * Y = K.Hayden took a practical approach to the equation and created Uniswap, a protocol for automated liquidity provisioning.This guide will help you understand the following concepts:What is Uniswap?How does automated liquidity provisioning work using X * Y = K...

Moderna inked a $1.525 billion deal with the U.S. government for the supply of 100 million doses of its promising mRNA-1273 vaccine. MRNA stock is up in the pre-market.The United States Government in furtherance of its ‘Operation Warp Speed’ has arrived at an agreement with Moderna Inc (NASDAQ: MRNA) for the supply of 100 million doses of the company’s mRNA vaccine. The agreement was confirmed by President Donald Trump in a White House Press briefing as well as Moderna in a press release....

The big boys on crypto markets such as Bitcoin, Ethereum, and XRP may be slumping today, but DeFi tokens are still on fire. Five of the top six performing tokens in the top one hundred are related to DeFi, and there is a good reason for that.Enter the YamA new yield farming opportunity called Yam Finance has been launched promising huge returns and a revolutionary and fair financial farming ecosystem. Since it launched late on Tuesday, August 11, yield farmers have been loading up on DeFi...

Tron price started a steady decline after it failed to clear the $0.0220 resistance against the US Dollar.TRX price declined below the $0.0205 support zone and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0196 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase above $0.0200 or it might extend decline below $0.0195.TRON price is struggling to stay in a positive zone against the US Dollar, similar...

Ethereum price started a downside correction after it failed to clear the $400 barrier against the US Dollar.ETH price is currently declining and it is trading below the $380 support level.There was a break below a major bullish trend line with support near $380 on the 4-hours chart (data feed from Coinbase).The pair is currently following a key declining channel and it is approaching the $365 support zone.Ethereum price is currently correcting lower from the $400 barrier against the US...

A group of developers has announced the launch of a “revolutionary” new defi token, but something about the pitch has a funny smell to it.According to its creators, Ardor Defi, the DeadFish (DeFI) platform and its $DEFI token will “smash the hegemony of Wall Street millionaires” by making “advanced financial instruments such as leverages, futures, DEX, tokenization platforms, derivatives and predictions markets available to the average Joe.”It’s a claim with a pungent aroma, but one which...