Sunday , September 29 2024
Home / Markets (page 287)

Markets

Ethereum Retail Traders on the Run as ETH Price Struggles at $1.6K

Ether has faced a challenging period in terms of price performance since early August, dropping below the $1,800 mark. The trend has consistently exhibited a downward trajectory on longer-term price charts, making it a daunting task for buyers to reverse this course. As a result of this increased bearish market structure, retail traders of Ether appear to be on the run. According to Glassnode’s latest alert, Ether addresses with above 1 ETH have been on a significant...

Read More »

Evergrande Shares Fall 22% after Announcing Delay in Debt Restructuring Meeting Scheduled for Today

Evergrande has informed the Hong Kong Stock Exchange that it intends to delay a restructuring meeting because things are not going as planned. Shares of Chinese real estate company Evergrande Group fell up to 22% on Monday after the firm announced it would delay a debt restructuring meeting due today. According to data from MarketWatch, Evergrande shares are trading at HK$0.430, a 21.82% drop from its previous close at HK$0.550. In March, Evergrande announced plans for debt restructuring...

Read More »

Lumi Rental’s Shares Soar 30% on Riyadh Stock Exchange IPO Debut

Lumi IPO’s success is seen as a positive indicator for other Saudi companies contemplating going public. In a dazzling debut on the Riyadh stock exchange, Lumi Rental Co., the Saudi Arabian auto rental firm, witnessed its shares surge by an astonishing 30% on its first day of trading. The Initial Public Offering (IPO), valued at 1.09 billion Riyals ($290 million), not only exceeded expectations but also set the stage for a new era in the region’s automotive industry. Today, we listed on...

Read More »

Ethereum Co-Founder Vitalik Buterin Moves 400 ETH to Coinbase

Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200. Ethereum co-founder Vitalik Buterin has recently been observed engaging in noteworthy transactions involving ETH, specifically directing substantial deposits to Coinbase. This development has sparked a myriad of conversations, speculations, and a quest to understand the motives behind such...

Read More »

Stellar Lumen (XLM) Price Turns Red As Bears Aim $0.10

Stellar lumen price is gaining pace below the $0.118 resistance zone against the US Dollar. XLM price is now trading below $0.1175 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1130 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1170 resistance. Stellar lumen price is trading below $0.1180 against the US Dollar, like Bitcoin. XLM price...

Read More »

Ripple Price Analysis: Bulls Might Take Stand Near $0.485

Ripple price started a downside correction from the $0.5250 zone against the US dollar. The price is now trading below $0.510 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.5095 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.4850. Ripple price is consolidating near $0.500 against the US Dollar, unlike Bitcoin....

Read More »

Galaxy Digital Turns to Europe for Crypto Growth Amid Regulatory Struggle

Amid increased regulatory scrutiny in the United States, Europe has become an attractive destination for crypto firms. Galaxy Digital, the crypto venture led by US billionaire Mike Novogratz, is now venturing into the European market for greener pastures. As part of this expansion, the company has appointed Leon Marshall, formerly an executive at the crypto broker Genesis, as its first Head of Europe. Marshall is tasked with establishing a regional presence based in London....

Read More »

Which Cryptocurrency Will Reach $1 First: Ripple (XRP), Shiba Inu (SHIB), or Dogecoin (DOGE)?

Ripple’s XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) are undoubtedly amongst the cryptocurrencies with the most devoted communities in the industry. Their price action tends to be explosive and directional, driven by massive retail interest. Pinning them against each other provides some valuable insights into their current market dynamics, factors that can shape their future prices, as well as specifics surrounding their tokenomics. The most obvious answer to the question is...

Read More »

CFD-Handel einfach erklärt

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Im Bereich der Finanzmärkte gibt es zahlreiche Fachbegriffe und Handelsinstrumente, die für den Laien oft verwirrend sein können. Einer dieser Begriffe ist der CFD-Handel. Doch was verbirgt sich dahinter und wie funktioniert dieser Handel? In diesem Artikel erklären wir den CFD-Handel einfach und verständlich. CFD-Handel erklärt CFD steht für „Contract for Difference“, zu Deutsch „Differenzkontrakt“....

Read More »

CFT-Handel einfach erklärt

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Im Bereich der Finanzmärkte gibt es zahlreiche Fachbegriffe und Handelsinstrumente, die für den Laien oft verwirrend sein können. Einer dieser Begriffe ist der CFT-Handel. Doch was verbirgt sich dahinter und wie funktioniert dieser Handel? In diesem Artikel erklären wir den CFT-Handel einfach und verständlich. Was ist CFT-Handel? Zunächst ist es wichtig zu klären, dass es keinen spezifischen...

Read More »