Markets

Robinhood hat sich vom GameStop-Debakel erholt – zumindest im Mainstream. Nachdem die GameStop-Aktie zu Beginn des Jahres durch die Decke ging, hatte Robinhood den Handel mit ihr für viele Kleininvestoren gestoppt. Die Nutzer protestierten und kündigten an, Robinhood von nun an zu boykottieren. Doch offenbar hat sich das Unternehmen schnell davon erholt. Crypto News: Experten sehen keine Zukunft für Cryptocoins auf RobinhoodBei seinem kürzlichen IPO (Initial Public Offering) erzielte...

BTC has definitely surprised market participants lately after a 10-day green streak, managing to break above $40K. Just overnight, BTC staged a last-minute rally and made the first daily close above the top of the trading range closing at $42.2k. Chart by TradingViewBitcoin Overcomes $40K On July 28th, 2021, the third-largest BTC whale transferred 3000 BTC to Coinbase, signaling near-term caution on price. As we reported, this has been a local top indicator on quite a few...

Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000 price line for a while and charted a $7,000 green candle. As a result, the cryptocurrency briefly exceeded $40,000 for the first time in over a...

As cryptocurrency adoption enters a mainstream stage, traditional financial services platforms are trying to adapt to the changing financial ecosystem. To maintain their importance in this industry, payment processors like Mastercard and Visa intend to use their large client base and international reach to attract both government and private entities when they are testing their CBDC or stablecoin projects. During an earnings call yesterday, Mastercard’s CEO, Michael Miebach,...

Going through the recent week and touching the $40K mark, there are some promising signs in on-chain data that could lead to a further price recovery in the market. However, some metrics still make an immediate rally back to the all-time high a questionable probability. Let’s explore the bull and the bear case for Bitcoin’s price in the current market condition, stemming from predominantly on-chain information. Supply Shock – The Bull Case To summarize the overall bullish...

Non-Fungible Tokens (NFTs) have enhanced the most premier attraction to come out of the crypto market this bull season. It has risen from being used as a Fan Token for popular sports leagues to become the most sought-after commodity that every industry wants to launch today. It all started with digital artist Beeple selling his artwork for $69 million and since then every recognized brand, celebrity, and sports star has either already launched some form of NFT or is...

Leading cryptocurrency exchange Binance has completed the integration of Polygon mainnet to support deposits and withdrawals of the mainnet token of the Ethereum-scaling network.  Binance Now Supports MATC Mainnet Token According to a press release shared with CryptoPotato on Friday, Binance users will now be able to make deposits and withdrawals with the MATIC mainnet token.  They will also be able to utilize several DeFi dApps such as SushiSwap, Aave, Curve, and Balancer,...

After weeks of prolonged consolidation and choppy sideways action in a very squeezed and narrow range, Bitcoin finally broke out. Fortunately, it was to the upside. Over the past week, BTC is up by a considerable 20%. At the time of this writing, it’s trading at around $39K, having pulled back slightly from the psychological and technical resistance at the coveted $40K level. It’s also worth noting that we saw an increased trading volume over the past week, and even though...

The world’s leading cryptocurrency exchange has announced that it will cease providing futures and derivatives products in three European countries. Users from the Netherlands, Italy, and Germany have three months to close their positions. According to an announcement from July 30th, customers from the aforementioned countries cannot open new futures accounts on Binance with “immediate effect.” Those who already have registrations and have opened derivatives positions will...

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