Markets

Ethereum price fell to below $260 as a result of the huge crypto dump that hit almost all huge digital assets by capitalization. Questions of whether the bulls are exhausted or it is just a market correction are looming in the crypto community.Ethereum (ETH) the second crypto by capitalization and overall marker rank experienced a fall to trade below $260. The huge drop was as a result of the crypto dump that hit almost all top digital assets, led by Bitcoin. Ethereum price was headed to test...

Ripple IPO could destroy the XRP price, according to many of the analysts. However, Brad Garlinghouse didn’t say that Ripple will be doing any IPOs.The current XRP price is moving down because of the overall market uncertainty and even conspiracy theories. With the rumors about Ripple IPO this year, analysts argue over its possible price fall.Ripple was making partnerships with companies like MoneyGram, to showcase the RippleNet’s real worth. In 2020, Brad Garlinghouse was talking about the...

Tesla (TSLA) stock is moving higher and regularly conquers new peaks despite all the negative expectations. One of the reasons is the fact that top investors believe in it.Amidst rumors of experiencing a fatal collapse in its stock, a technology giant Tesla (NASDAQ: TSLA) proved critics wrong once again that it is still gaining momemtum. Its shares doubled what was initially projected by market analysts. But this record-breaking achievement would have been a pipe dream, if not for the loyalty...

S&P 500 and Nasdaq reached an all-time high supported by the stability of the U.S. economy and assurances from Chinese authorities to help businesses affected by the coronavirus outbreak.The S&P 500 and Nasdaq rose on Wednesday to trade ATHs after positive comments by the Federal Reserve which encouraged investors. The investors in the stock markets were encouraged by the Chinese authorities who said they will assist the coronavirus stricken business to recover.This is after...

The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did.  It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...

Interest rates across the globe are going to zero, and it’s bullish for Bitcoin, according to Morgan Creek Capital Management Founder and CEO, Mark Yusko. He also noted that the recent price drop should not bother investors, and they should focus on purchasing more.Zero Interest Rates Good For BitcoinYusko recently spoke in a CNBC interview regarding the cryptocurrency market, and Bitcoin in particular. He strongly believes the largest digital asset will continue increasing its value in...

The moderating growth of Facebook (FB) stock is a result of various scandals around the social media company. The biggest problem that brings worries is privacy.Lately, social media giant Facebook has been performing sluggishly. The evidence of that is Facebook (NASDAQ: FB) stock that yesterday got stuck. After showing slow growth, it stopped at $217.49.Facebook launched back in 2004 but went public in 2012. Since then, the company has returned almost 450% for its early investors. The...

While you might have been caught by the Tesla bug with its massive TSLA stock surge in the market, you might have missed Virgin Galactic’s meteoric rise on Wall Street. The SPCE stock has surged over 200% as of Wednesday closing.With the wild stock market rise, Wall Street investors are riding high on optimism at the moment. Tesla (NASDAQ: TSLA) has indeed been the star performer in the market with its price skyrocketing over $900 on February 19.Amidst a strong Q4 2019 performance, Tesla...

EOS price failed to stay above $5.000 and declined heavily below $4.400 against the US Dollar.The price even dipped below the $4.000 support area and tested the $3.650 level.There was a break below an ascending channel or a bearish flag with support near $4.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to recover above $4.200 and $4.400 in the near term.EOS price is showing signs of more weakness below $4.000 against the US Dollar, similar to...

Litecoin price started a sharp decline from the $80.00 resistance area against the US Dollar.LTC price broke the $75.00 support area to move into a short term bearish zone.There is a key bearish trend line forming with resistance near $75.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could accelerate its losses if it breaks the $67.50 and $65.00 support levels.Litecoin price is showing bearish signs against the US Dollar, similar to bitcoin. LTC price could...