Markets

The Tink acquisition will give Visa big leverage in expanding its footprint in the rapidly evolving open banking market of Europe. The entire acquisition deal will happen in cash.On Thursday, June 24, payments giant Visa Inc (NYSE: V) announced the acquisition of Sweden-based FinTech firm Tink valued at 1.8 billion Euros. This will be a major step for Visa to expand its footprint in the fastly evolving financial technology market.Using a single API, Tinks lets its customers get access to...

Besides this predictive Bitcoin tool, Hedgeye also has a quantitative Bitcoin dashboard called the “Bitcoin Trend Tracker.”Hedgeye analyst Josh Steiner has developed a model in which he drew on the fundamental analysis of the Stock-to-Flow model of Bitcoin (BTC) in comparison with other factors, to project a $1 million price for Bitcoin before the end of this decade. Hedgeye Risk Management is an investment research and financial media company based in Stamford, Connecticut, and specializes...

In the recent past, ContextLogic (WISH) stock has been referred to by market watchers and analysts as the next short-squeeze target.ContextLogic Inc (NASDAQ: WISH) is the company that’s linked with Wish Mobile, a popular shopping app. The good thing is that the company is not only meme-based but it also addresses emerging and current needs of the e-commerce market. The company confesses that performance, particularly logistics revenue, has been growing impressively. The revenue growth has...

At the beginning of the year, as the rest of the world was enjoying a crypto boom that begun in 2020, things had slowed down for Japanese cryptocurrency investors.Coinbase has been given the go-ahead to operate crypto activities in Japan. The digital assets company has been allowed to indulge in 5 cryptos including Bitcoin, Ether, Litecoin, Bitcoin Cash, and Stellar Lumen. The highest Japanese regulator for financial services also called the Financial Services Agency (FSA) said that Coinbase...

EOS seems to be forming a decent support base above the $2.00 level against the US Dollar. The price is still trading well below $4.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to remain in a bearish zone unless there is a clear break above $4.00 and $4.20. EOS price is struggling to recover above $3.80 against the...

Litecoin price started an upside correction from the $105 support against the US Dollar. LTC price is still trading well below $140 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $135 and $140 to start a fresh increase in the near term. Litecoin price is struggling to gain pace above $130 against the US Dollar, unlike...

Having received a grant from the OAX Foundation, OpenSwap is dedicated to offering solutions to DeFi and providing an answer to the dilemma surrounding liquidity in the DeFi landscape.It is important to understand the power of not just liquidity, but also the unique positions markets are placed in when there is a concentration of it. Without liquidity, there is no market. This doesn’t just apply in the world of cryptocurrencies, but rather all markets around the world. In this article, we...

Garlicoin has a max supply of 69 million GRLC and no inflation. All the coins are unlocked by miners, and the rewards are halved every 690,000 blocks.From a cryptocurrency valued under 1 penny, Garlicoin is running toward 1 dollar and more, and almost nobody knows where it came from. At least not yet.Believe it or not, Garlicoin is a memecoin started in 2018. It is as much of a memecoin as Dogecoin is. A community of Reddit users thought it would be funny to create a cryptocurrency inspired...

A media industry based on the blockchain industry will mean more autonomy for content creators to create content as they like without restrictions from intermediaries who control the market.It’s no longer news that blockchain technology is disrupting the way most traditional businesses are run even as it keeps creating a massive impact on the global economy. It has given rise to new, productive, and efficient business models that are cost-efficient, more profitable, and more beneficial for...

Bitcoin has been hit hard over the past two months. Despite trading at a new all-time high of roughly $64,000 per unit in mid-April, the currency has tanked and is currently trading for around $35,000, knocking nearly $30K off its price from two months ago. For some investors, however, the present circumstances are no big deal, and they are continuing to see their bitcoin earnings grow. One of these investors is Adam Traidman, the CEO and co-founder of the popular crypto...