Markets

Pinterest (PINS) stock closed yesterday at $23.28 after adding 5.05% and in the pre-market is 2.71% up. The spike was attributed to the news that Facebook wants to shut down its Hobbi app.As the market closed on July 1, American image sharing and social media services company, Pinterest Inc (NYSE: PINS) stock jumped over 5% to trade at $23.28. The sudden rise was attributed to the news that its rival app Hobbi from Facebook Inc (NASDAQ: FB) will be pulled down by July 10 due to a lack of...

EOS price remained in a bearish zone and extended its decline below $2.225 against the US Dollar.The price traded as low as $2.182 and it is currently correcting higher towards the 55 simple moving average (4-hours).There is a significant bearish trend line forming with resistance near $2.450 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the key $2.450 resistance zone.EOS price is slowly recovering and approaching a crucial...

Tesla (TSLA) stock prices are at an all-time high. Meanwhile, Elon Musk is on course to become one of the highest-paid CEOs in the auto industry.Tesla Inc (NASDAQ: TSLA) stock is up 9% in the pre-market today to trade at $1,220. This tose occurred as the automakers’ recent achievements place CEO Elon Musk on course for a mega payout.These payouts are based on several Key Performance Indicators (KPIs) and targets. Keeping Tesla (TSLA) stock prices at predetermined levels is one of...

The last few weeks were quite stagnant for Bitcoin in terms of price movement, considering the cryptocurrency is famed for its price action. However, while BTC price is looking pretty unexciting in recent times, Bitcoin is fundamentally strong as the network activities continue to record new highs.Positive On-Chain Market ActivitiesAccording to insight first shared by Glassnode CTO Rafael Schultze-Kraft, on-chain market metrics including transaction counts, new addresses, active addresses,...

Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases.Bitcoin Price Fails at $9,300Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level at around $9,200.As CryptoPotato reported, this is a vital level to watch in the short-term and should provide a good indication of how confident...

Litecoin price extended its decline and it even spiked below $40.00 against the US Dollar.LTC price is now correcting higher towards $42.50 and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $42.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong increase above $42050 or resume its decline towards $38.50.Litecoin price is trading in a negative zone against the US Dollar, while...

The market capitalization of Tether (USDT) has grown to $10 billion. This puts the cryptocurrency token at third place behind Bitcoin (BTC) and Ethereum (ETH).Tether (USDT) market capitalization has crossed $10 billion level yesterday. This has made Tether (USDT) climb to the third place in the cryptospace. At the start of this year, USDT had a market capitalization of $4.1 billion. However, there are slight variances across aggregators. Coingecko has reported a capitalization of $10 billion...

Following Tesla’s progressive growth, TSLA stock now has all chances of being included in S&P 500. This has become known from a leaked email.Tesla Inc (NASDAQ: TSLA) has maintained its stock price which opened positive this week with a leaked email from Elon Musk to the company’s employees. The leaked email revealed Elon Musk expressing optimism towards a profitable Q2 pronouncement. TSLA stock has maintained its upward trend today, July 1st after gaining over $48 (4.50%) with...

It looks like more people in the United Kingdom are working to get their fingers on digital currencies.The United Kingdom: Crypto’s Latest HomeThe UK was one of the hardest-hit countries when the coronavirus first began spreading outside of Asia. The nation has faced more than 300,000 cases and has been smacked with more than 40,000 deaths, according to varying sources, while recently, counties such as Leicester have been shut down completely. Prime Minister Boris Johnson has referred to the...

On the 1D BTC/USD chart, we can see that the leading crypto-asset remains range-bound between the daily $8,600 and $10,000 levels.Rumors earlier in the week regarding PayPal possibly adding support for Bitcoin and other cryptocurrencies on its platform, sparked a small rally but failed to fuel a much-needed breakout above a key resistance level at $9,780.The pump was subsequently followed by a sharp sell-off below the previous weekly open at $9,300 (white line on the following chart), which...