Markets

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...

Tether executives are reportedly facing a probe from the US Department of Justice (DOJ), as prosecutors are looking into the company’s past activities with its banking partners. According to Bloomberg on Monday (July 26, 2021), the information came from three anonymous sources familiar with the matter. The DOJ is investigating whether banks were aware of the crypto-based transactions carried out by Tether. USDT is the largest stablecoin by market capitalization. The total...

Amidst the constant scrutiny met from global financial institutions as well as regulators, Binance has decided to reduce trade risks by adopting two measures.In addition to the delisting of the margin trading pairs, Binance has also decided to bring down the maximum leverage from 100x to 20x.Binance is the world’s largest crypto exchange platform that allows a wide variety of traders and investors to play around with both fiat and cryptocurrencies. It helps customers take advantage of the...

Ethereum hit the high, after climbing more than 8% in 24 hours and nearly 23% in one week, as several other assets also rise. Ethereum (ETH) has risen 8% to record a 3-week high of $2,587 on Monday, July 26th, despite not being the overall top gainer for the day. The second-largest cryptocurrency was one of several tokens to continue building upon a recent resurgence in recent weeks. A resurgence, which has seen the overall market value of crypto rise to $200 billion. Several factors may be...

We all know Elon Musk, he is a pretty famous person in the world, and also one of the most influential people in the world. And, we also saw, with just a few tweets, how he changed the world. However, because of that, many people did not trust him, saying that he had abused his influence to manipulate the market to benefit himself. What a bad idea! And we, the supporters of Elon Musk, have launched the platform we are about to talk about below. In this article, we will...

[Featured Content] Decentralized finance (DeFi) and non-fungible tokens (NFTs) are two sectors of the crypto economy that have recorded massive growth over the last year. As of the time of writing, data show that both markets are worth about $79.59 billion. Bunicorn to Reshape Liquidity Mining As part of its efforts to promote the growth of DeFi and NFT adoption, Bunicorn, a Binance Smart Chain-based Automated Market Market (AMM) project, has launched an innovative product...

The bulls have resumed control over the market in the past few days and have pushed bitcoin to a near three-week high at almost $35,000. The alternative coins have also benefited from these developments, with ETH closing down to $2,200 and DOGE sitting at $0.20. Bitcoin Taps an 18-Day High Ever since bitcoin bottomed at $29,200 on July 20th, the cryptocurrency has been on a roll. It bounced off immediately and reclaimed $30,000 in just a few hours. Shortly after, more...