Markets

Is bitcoin readying itself for another bull run? According to crypto executive Charles Edwards and what’s known as the Hash Ribbon indicator, the answer is “yes.”The Hash Ribbon Is Appearing Once AgainThe last time a “Hash Ribbon” appeared was in late April. At that time, the world’s number one cryptocurrency by market cap was trading for around $7,500, more than $3,000 higher than where it had stood during the coronavirus peak in mid-March. From there, bitcoin ultimately rose to as high...

Binance Card is expected to become a game-changer in the crypto industry. Users in Europe will be able to get it starting from August, while in the UK it will become available a little bit later.Through its official website, leading cryptocurrency exchange Binance has today announced its official rollout of the Binance Card in the Europe and UK market. The card which is powered by the recently acquired Swipe company will be used to further digital assets adoption.According to the Binance...

Discretionary investment management firm PND Capital offers a new way to profit from trading without having to stay on top of the markets every day. PND Capital offers a completely managed service through an innovative and easy to use online platform. Instead of trading every day and devoting hours to research, PND Capital allows investors to deposit funds into their investment account and have it invested by professionals through a proven trading strategy powered by artificial...

There has been very little action on crypto markets over the past 24 hours. The majority of high cap coins are cooling off again following minor movements over the weekend.Bitcoin is no exception, remaining range-bound as the tedium continues. BTC managed to top $9,300 again a few hours ago but has since declined back below $9,180, which is still within its channel of consolidation.The longer-term support zone is at the $8,800 level, so a break below this could see things go south very...

The total market cap for all ERC20 tokens running on Ethereum has topped $33 billion. The ETH market cap is around $26.8 billion.Ethereum market cap has been surpassed by the combined value of the decentralized apps (dApps) tokens built on the network. The Ethereum-based tokens used in decentralized finance (DeFi) have recently grown in popularity dominating the smart contract platform at a combined value of $33 billion.What analysts are wondering is if (DeFi) signifies big things on the...

Wall Street analysts have expressed their fears on the fast rise of Tesla (TSLA) stock but the company’s growth strategy may help sustain the growth.The massive run of Tesla Inc (NASDAQ: TSLA) stock is beginning to confound Wall Street analysts who fear the shares have no framework to sustain its sporadic growth and may be really overvalued. TSLA was trading for just $211 a year ago and the stock price has recently added more than $500 to a record high of $1.794.99. Tesla’s scary volatility...

BioNTech (BNTX) stock price is moving higher. The surge follows news on Monday that BioNTech and Pfizer received the “fast track” designation status from the Food and Drug Administration for two of their experimental coronavirus vaccines.BioNTech SE (NASDAQ: BNTX) stock continued rising in the after-hours session with over 2% to trade around $80 and also in the pre-market with 4.87% to trade around $81.57. This is after closing yesterday at $77.78, which was a 10.55% rise.The rise in the...

After revealing its plans to enter the cryptocurrency debit card segment last week, Binance has officially debuted its Binance Card for users based in the United Kingdom and European countries, the blockchain behemoth told CryptoPotato on Tuesday.According to the release, the debit card allows holders to make crypto payments at more than 60 million merchants across 200 regions globally. Users will also be able to convert their crypto assets to fiat with ease.At launch, the Binance card will...

In a blog post, Robinhood said the funds would be used to hire new employees, create more products, and improve its operations.California-based financial service firm Robinhood Markets Inc announced on Monday it had made $320 million in its most recent funding round. This comes as more first-time investors are said to sign onto the app to trade stocks.It’s most recent $320 million income alongside $280 million the firm raised in May series F funding lead by Sequoia sums its latest funding...

Moderna (MRNA) stock rose 15% yesterday and today in the pre-market it is 5% up. It has become known that starting from July, 20 Moderna will be included in the Nasdaq 100 index.On July 13, Moderna Inc (NASDAQ: MRNA) stock rocketed higher after a bullish analyst discussion and news about the biotech company. Jefferies analyst Michael Yee said that the stock can still surge further. It is believed that the latest surge came after reports emerged that Moderna would be added to a popular stock...