Markets

In this week’s Q1 tech earnings reports, investors look for signs of staying power amid a recession-threatened economy.  Tech earnings will make up a significant portion of corporate Q1 earnings this week, in the second week of quarterly reports. Investors will be paying close attention to Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) in a packed week. Investors may also take cues from these corporate reports to determine the fiscal landscape as the Fed...

A wallet that participated in Ethereum’s initial coin offering (ICO) in 2016, which remained dormant since then, has finally woken up after seven years and seven months. According to a tweet by on-chain analysis firm Lookonchain, the address transferred one ether (ETH) to a new address about 13 hours ago, marking its first transaction. The crypto community speculates that it is a test transaction. However, the ICO wallet has not made any other transactions since. At the time...

The weekend saw the broader correction within the cryptocurrency market continue, and most projects failed to stage any sort of recovery. Bitcoin’s price is declining toward $27K and, at the time of this writing, is trading slightly above it. The past 24 hours offered no relief to altcoins as well, with most of them continuing their downfall. Let’s dive in. Bitcoin Price Struggling Around $27K The beginning of the new week has done little to help Bitcoin in its attempt to...

Stellar lumen price is showing bearish signs below the $0.100 resistance zone against the US Dollar. XLM price is now trading below $0.100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1020 on the 4-hour chart (data feed via Kraken). The pair could start another decline if it fails to recover above the $0.100 resistance. Stellar lumen price is trading below $0.100 against the US Dollar, similar to Bitcoin....

Ripple price started a fresh decline from the $0.540 zone against the US dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5100 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.500 resistance zone. Ripple price is struggling below $0.500 against the US Dollar, similar to Bitcoin. XRP price...

Bitcoin und andere Kryptowährungen sind seit ein paar Monaten wieder im Aufwind und immer mehr Menschen investieren in digitale Währungen. Dabei spielt auch die Wahl der richtigen Kryptowährungsbörse eine wichtige Rolle. Eine der bekanntesten und grössten Börsen ist Binance, die ihren Nutzern einige einzigartige Funktionen bietet. In diesem Artikel werden 5 Dinge vorgestellt, welche Binance kann, was andere Bitcoin-Börsen nicht können. Binance Launchpad Binance Launchpad ist ein einzigartiger...

In a landmark ruling, Hong Kong’s High Court declared crypto as property that can be held in trust. This marks the first time such a decision regarding asset class has been made in the city-state. The ruling, which was handed down in liquidation of a case involving the now-defunct crypto exchange Gatecoin, essentially puts crypto on par with other intangible assets such as stocks and bonds. Cryptocurrencies Constitute Property The judgment was revealed by London-based law...

Bitcoin has shown immense resilience this year. While the overall rally hasn’t been smooth sailing per se, it holds significance as it came against the backdrop of the banking scandal. This essentially represented a shift in investor sentiment shifted toward viewing Bitcoin as a hedge against banks. According to the latest report by the market tracking platform CoinGecko, spot trading volume across the top 10 crypto exchanges was recorded to be at $2.8 trillion for 2023 Q1,...

The banking sector is burning up as of late, and the situation is allowing bitcoin to surge like crazy. At the time of this writing, bitcoin has moved beyond the $28,000 per unit mark, the highest it’s been since June of 2022. Bitcoin Rose Beyond $28K The news is crazy in that 2023, in many ways, is turning into another version of 2019. As we all remember during that year, bitcoin incurred a certain degree of healing following the heavy blows and wounds it experienced in...

The cryptocurrency market took a beating throughout the past week, losing well over $100 billion in the process. This comes on the back of considerable losses across the board, with BTC’s price still unable to reclaim the $28K level. Bitcoin Price Below $28K Bitcoin managed to recover a slight 1% throughout the past 24 hours but is still down a lot over the week. Source: TradingViewThat said, the cryptocurrency is unable to reclaim the $28K, and it’s apparent that the bulls...