Markets

Wieder war es Senatorin Elizabeth Warren, die sich mit der Forderung nach Regulierungen des Cryptomarktes meldete. Dieses Mal forderte sie in einem Brief den Finanzminister der Vereinigten Staaten Janet Yellen direkt dazu auf, die geforderten Regulierungen umzusetzen. Bitcoin News: US-Senatorin will Bitcoin Regulierungen vorantreibenNatürlich versuchte es Senatorin Warren wieder einmal mit den üblichen Argumenten. Cyberkriminalität, Geldwäsche und Umweltschäden seien das Resultat eines...

The past 24 hours saw bitcoin’s price being relatively stable around the crucial $40K mark. The majority of the market is also fairly neutral, with a lot of the altcoins charting rather insignificant losses. Bitcoin Stable Around $40K Bitcoin is circling the $40K mark over the past 24 hours, seemingly unable to make a move in either direction. However, a consolidation around this area, which is also serious support, could potentially be positive. At the tie of this writing,...

EOS started a fresh increase above the $3.50 resistance against the US Dollar. The price is now trading above the $3.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.00 and $4.02 resistance levels in the near term. EOS price is showing positive signs above $3.50 against the...

Litecoin price started a fresh increase above the $125 resistance zone against the US Dollar. LTC price is now trading nicely above $132 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $142 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate higher if there is a clear break above $142 and $145. Litecoin price is attempting a recovery above $132 against the US...

Bitcoin has spiked like there’s no tomorrow. After several weeks of dealing with bearish activity, the world’s number one digital currency by market cap has surged all the way to the mid-$38,000 range. The jump appears to have something to do with Amazon, the biggest retailer in the world, and its potential decision to begin its own cryptocurrency and accept bitcoin as a payment method before the year is out. Amazon Suggests It Will Accept BTC Amazon is arguably the...

Bitcoin’s recent 55% drop from all-time highs may have done technical damage to the charts, but analysis strongly suggest BTC is still in a bull market. According to on-chain analyst “Gaah Cordeiro”, BTC is still in a bull market as shown by the MVRV Onchain metric. What is MVRV? MVRV stands for Market Value to Realized Value. The metric divides BTC’s Market Value by its Realized Value. This creates a ratio that can show if the cryptocurrency is overvalued or undervalued. A...

[PR – Gibraltar, UK, 28th July, 2021] Meme.com, which combines CoinMarketCap-like features in the meme world, is opening their platform for users around the world after raising $6 million earlier in the spring. Aiming to combine the cultural power of memes with crypto-economics, the Meme.com launch will allow people to buy and sell any Meme Tokens for the first time. When built out, Meme.com gives the opportunity to create, buy and sell Meme Tokens based on the perceived...

Visa reported revenue of $6.1 billion in Q3 2021 against an estimate of $5.86 billion according to a consensus by FactSet.Visa Inc (NYSE: V) stock traded around $247, 1.57% down during Wednesday’s pre-market. The downshift comes at a time when publicly traded companies are reporting the quarter that ended on June 30. Notably, Visa reported a blowout Q3 2021 earnings that beat analysts’ expectations.According to news outlet MarketWatch, Visa reported a net income of $2.6 billion, up from $2.37...

Even though Bitcoin’s trading volume is still higher than Ether’s, the year-on-year growth for the latter is breaking all records.Ether, the world’s second-largest cryptocurrency, has hammered Bitcoin in terms of trading volume growth. The new report elaborates on the growth of Ethereum trading in the first six months of the year.According to a review report shared by Coinbase Institutional H1 2021, the first six months have been very agile for the crypto market, with quite a few peaks in...

Chinese crackdown on tech and education companies put pressure on Asian indices. On the other hand, the US tech giants continue to post stellar returns in the second-quarter earnings season. During the early morning trading on Wednesday, the US stock futures showed mixed signals with major averages pulling back from record high levels. The futures for the Dow Jones Industrial Average (DJIA) is showing a minor dip.On the other hand, the futures for S&P 500 and Nasdaq 100 are trading in...