BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...
Read More »Bitbengrab Makes Cryptocurrency Trading Profitable Through Arbitrage
Unique in nature as digital assets, cryptocurrencies and tokens are different in not only their existence, but how they are traded. Created first in 2009 as Bitcoin, today there are thousands of cryptocurrencies spread across the globe, being traded in hundreds of exchanges. The opportunity to invest and gain profit is immeasurable.Exclusive to Crypto TradingWhile many argue and try to explain that crypto trading is no different than trading traditional assets or currency, there are...
Read More »Bitcoin Price Around $9,500 as $328M in BTC Derivatives on CME Expire Later Today
The expiration of $328 million in BTC derivatives can lead to more volatility. Now Bitcoin price has gone slightly below the $9,500 level.As the CME futures expire on May 29, the coin market is expected to exhibit vintage volatility associated with the event. This is coming at a time that the price of Bitcoin has shown an upswing with the dominant asset trading closer to $10,000. It is expected that the derivatives expiration would have a direct impact on the Bitcoin market based on...
Read More »Tezos Jumps 6% As Coinbase Extends Staking Services To Some EU Countries
The US-based cryptocurrency exchange Coinbase has extended its staking services for Tezos (XTZ) to users from a few European countries. The price of the asset has increased by nearly 6% since the announcement yesterday.Europeans To Stake XTZ On CoinbaseAs CryptoPotato reported before, Coinbase added Tezos staking in late 2019 for users based in the US. Since then, the company said that customers had earned over $2 million in Tezos staking rewards.Now, the cryptocurrency exchange announced the...
Read More »TSLA Stock Down 1.76% Yesterday but Up 0.4% Now, Tesla Sends Its Staff Members to SpaceX
In the pre-market, Tesla (TSLA) stock has added around $4 from yesterday’s closing value. Tesla is said to have sent around 20 of its staff members to SpaceX to handle unspecified technical projects.Tesla Inc (NASDAQ: TSLA) stock is trading at around $809 during the pre-market as updated on May 29. The shares remain comparatively close to retesting its 52 weeks high that was recorded at around $968.99. At the time of reporting, TSLA shares enjoyed a market capitalization of over $152 billion,...
Read More »Johnson & Johnson (JNJ) Stock Price Rises 1.44%, Is It Good Time to Buy?
As Johnson & Johnson (JNJ) stock prices rise, is the company can be still viewed as a good option for investors despite the legal issues?Johnson & Johnson (NYSE: JNJ) stock prices fell during yesterday’s trading session. Sources say that the company is still in form. The company has become a fixture in many households and hospitals for over a century. The company is close to the next earnings report. Many are wondering if the stock is still the staple that it has been for the past...
Read More »Chris Dunn Trader’s Digest: Bitcoin To $150K Post-Halving, Crypto Investing Methodology, Tips, And More
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...
Read More »AMZN Stock Down 0.69%, Amazon CEO Jeff Bezos Says They Take Care about Employees amid Coronavirus
Amazon (AMZN) stock is down now. During Amazon’s annual shareholders’ meeting held virtually, CEO Jeff Bezos defended the company’s response to the coronavirus threats.American multinational tech company Amazon.com Inc (NASDAQ: AMZN), held its annual shareholders’ meeting virtually on Wednesday. It was during the meeting when CEO Jeff Bezos said the company has responded well to the COVID-19 pandemic to care for the needs of the employees. However, it seems the market was not fully convinced...
Read More »CryptoAltum: New Way of Trading Cryptocurrencies
CFDs limit the risks when it comes to trading cryptocurrencies. CryptoAltum offers such an option as anonymous trading and doesn’t charge deposit or withdrawal fees.When it comes to trading cryptocurrencies there are many risks that are associated with the activity. Many digital assets owners have lost the real value of their assets. This has been mainly because of the exposure to the associated risks that cryptocurrency markets face.Cryptocurrency markets are volatile. This market volatility...
Read More »GSK Stock Up 1.25%, GlaxoSmithKline Plans to Make 1B Doses of Coronavirus Vaccine Booster
After GlaxoSmithKline announced its plans to produce 1 billion doses of a vaccine adjuvant next year, the GSK stock price started to rise.British multinational pharmaceutical GlaxoSmithKline Plc (NYSE: GSK) said it is planning to produce 1 billion doses of a vaccine adjuvant. This is a kind of a medicinal booster that can help any brand of a shot by supporting immunization against the coronavirus pandemic next year.Meanwhile, GlaxoSmithKline (GSK) stock is up 1.25% now. Its price in the...
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