Markets

Ahead of the June earnings report by Apple, Wall Street analysts have deconstructed the market and provided their sentiments. Apple Inc (NASDAQ: AAPL) stock has edged closer to a new all-time high after retesting its previous ATH of around $150. The upward momentum has been driven by strong previous quarterly growth, despite the coronavirus supply chain disruptions. Apple is said to report its quarterly earnings results on Tuesday, where Wall Street analysts expect the shares to do better in...

Thanks to TitanSwap’s cross-chain function, the user’s operating costs and intermediate transaction costs are greatly reduced.TitanSwap has always been innovating to come up with new functions. Recently, TitanSwap successfully achieved cross-chain with BSC, marking a new stage of TitanSwap’s overall development in the blockchain market and a new era of user-friendly experience for users. As cross-chain is one of the rigid needs of users in transactions, TitanSwap has been attaching great...

Binance NFT marketplace and the Saint Petersburg-based State Hermitage Museum joined forces to create and release a limited edition of non-fungible tokens with digital copies of world-known masterpieces. The collection will consist of works by Vincent van Gogh, Leonardo da Vinci and many more. NFT Copies of Renown Paintings The cryptocurrency exchange Binance announced that it would partner up with one of the largest Russian museums – the State Hermitage Museum – to issue...

The past couple of days were particularly turbulent in the cryptocurrency market. This was largely propelled by Bitcoin’s rally, as the cryptocurrency managed to surge as high as $40,580 yesterday, before tumbling to where it’s currently trading at around $37,300. Bitcoin Price Pulls Back Following Amazon’s Statement Over the past few days, Bitcoin is on an impressive streak. From the lows at around $29K to yesterday’s high at $40,580, BTC was up almost 40% in six days. This...

ADA price started a fresh increase above the $1.20 resistance against the US Dollar. The price is now trading well above $1.15 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.24 on the 4-hours chart (data feed via Bitfinex). The price is correcting gains, but the bulls are likely to remain active near $1.20 and $1.15. Cardano price started a decent recovery above $1.20 against the US Dollar, similar to...

Ethereum price started a fresh increase above the key $2,000 resistance against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it might find bids near the $2,000 zone. Ethereum price is showing positive signs above $2,000 against the US Dollar. ETH/USD rallied...

Vlad Tenev – the Chief Executive Officer of Robinhood – revealed that the company is looking to provide its customers with more cryptocurrency services such as a digital wallet. However, he did not specify when the firm would implement the new offerings. Is Robinhood Expanding Its Crypto Scope? The American financial services company – Robinhood Markets Inc. – is reportedly planning to offer more cryptocurrency options to its nearly 18 million users. During a recent public...

PlanB, a quantitative Bitcoin analyst and the creator of the popular stock-to-flow (S2F) model, is still very much bullish about the future of the leading cryptocurrency.  The drop in bitcoin’s price within the last three months has raised many questions among crypto traders and analysts on whether or not the bull market is still intact. However, PlanB is unconcerned about the current market trends, and he is looking ahead to what’s to come.  For clarity, the stock-to-flow...

The bitcoin bear market appears to be lasting forever, and according to a new report from JPMorgan, it is going to take quite a bit of effort to pull the crypto space out of its present slump. JPMorgan On What Needs to Happen to Bring BTC Back Up Bitcoin has been down for the count for the past several months. The world’s number one digital currency by market cap hit a real snag about three months ago when it struck a new all-time high of $64,000 per unit. This may have...

The US IPO market has seen good growth over the years per the number of firms that went public and the valuations raised.The American Initial Public Offering (IPO) market is booming as investors continue to back an investment pursuit amid a growing enthusiasm of plausible stock growth as the economy looks to rebound from the COVID-19 pandemic. According to data from Renaissance Capital, the proceeds from all successful American IPOs conducted this year have topped $89 billion, up 232% when...