Markets

Bitcoin bulls look pretty tired right now. The leading cryptocurrency has printed the first lower high since July 21 and is currently stalling around the 0.786 Fibonacci level (white lines) at $11,743.We’ve also seen $4 billion exit the market in the last ten hours, which seems to suggest that some traders are cashing out of the bull run.Is this an early warning that the bull run is ending?Bitcoin Price Levels to Watch in the Short-termOn the daily BTC/USD chart, we can see that the whale...

Bitcoin has recovered some of its dominance over the market in the past 24 hours after breaking above $11,600. At the same time, large-cap altcoins have calmed and even taken a hit, but fluctuations are evident among lower-cap alts.Bitcoin Moves AheadAs CryptoPotato reported a few days ago, Bitcoin’s price chart was forming a bullish reversal pattern suggesting a possible increase. At the time, BTC was trading at about $11,200 – $11,300, where it stood for a bit longer. In the past 24 hours,...

Yesterday Sony (SNE) stock closed with a 2.58% increase, at $83.37. However, today Sony stock is 2.42% down, trading at $81.36.Sony Corporation (NYSE: SNE) is one of the Wall Street’s most profitable stocks of the week as it has recorded a 19-year high after posting an impressive Q1 fiscal year earnings report on Tuesday. The performance of the Q1 fiscal year spanning April to June was triggered by the tech giant’s gaming division and expectations of the release of the Playstation 5. Sony...

The popular cryptocurrency exchange OKEx will launch a peer-to-peer trading platform in India today. Local users will be able to purchase digital assets with Indian rupees (INR) with zero transaction fees.OKEx Opens A P2P Platform In IndiaAccording to a study compiled by OKEx and Coinpaprika earlier this year, the Supreme Court decision to lift the ban on cryptocurrency trading has prompted a serious popularity boost for digital assets. The two organizations concluded at the time that...

Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there.Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming that he’s making money off stocks he didn’t even know he owned.Now, the poster-child of the day-trading boom, says he’s “coming to Bitcoin.” And...

One of the reasons the cryptocurrency space is seeing increasing interest is due to the crypto market. We are seeing an increasing number of individuals trading crypto in an attempt to generate consistent monthly returns from the market. The first step in being a profitable crypto trader is to have a strategy in place. In this article, we will take a look at some of the popular strategies that traders are using to gain an edge in the market. ArbitrageArbitrage is by far one of the most...

A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Right now, they are steadily growing and demonstrating excellent dynamics. On shorter times frames, many assets are forming different patterns in favor of further bullish tendencies. For bulls,...

Ampleforth (AMPL) is one of the projects in the decentralized finance (DeFi) space that took the community by a storm, despite being on the market for over a year.Over the past couple of months, AMPL managed to become arguably one of the most widely-discussed protocols, largely because of its quick exponential growth.Now, however, the team has taken an essential step towards providing its users with further incentives to provide liquidity to its pools and receive attractive yields.Ampleforth...

Apple Inc (NASDAQ: AAPL) announced on Tuesday that its longtime marketing leader, Phil Schiller has stepped down and joined Apple Fellow. Schiller is being replaced by Greg Joswiak, a longtime leader within the Product Marketing organization.Apple Inc (NASDAQ: AAPL) through its official communication channel announced on Tuesday that its longtime market leader, Phil Schiller has stepped down and joined Apple Fellow. In his new role, Schiller will continue to lead the App Store and Apple...

A few hours ago, the Opyn DeFi platform discovered a vulnerability in one of its ETH Put contracts, which enabled an attacker to make off with $371,000 worth of crypto assets.The Ethereum based decentralized insurance platform allows users to protect themselves from risks they may face in decentralized finance markets. It operates with an options protocol that allows DeFi users to create put and call options.In simple terms, a put option is a contract that gives an investor the right, but not...