Markets

The second-quarter revenue was the largest IBM had ever recorded in three years.International Business Machines Corp (NYSE: IBM) stock jumped over 4% as of July 20, 2021, at 5:02 a.m. EDT to trade around $143.25. The tweak in IBM stock during today’s premarket trading session was attributed to news that the company reported better than expected second-quarter earnings. During Q2, IBM reported adjusted earnings per share of $2.33 against $2.29 expected by analysts according to research by...

Eine technische Analyse auf Bitcoinist sieht die Marke von 30.000 US-Dollar für den BTC als entscheidend an, wenn es um die Entwicklung des Kurses geht. Die Analysten sehen den Support genau hier. Sollte er bröckeln, könnte es darauf deutlich runtergehen. Bitcoin News: Bitcoin unterschreitet Marke von 30.000 US-DollarAktuell geht man davon aus, dass 75% der BTCs von HODLern gehalten wird. Diese bilden den Support, der im Vergleich zum letzten Jahr stärker geworden ist. Dennoch liegt der...

Bumper Finance’s liquidity program is now live. Investors keen to power up the “God-mode for crypto” now have the opportunity to join others in providing liquidity to this innovative DeFi protection protocol. Participants depositing their USDC reserves into the program early can expect to yield up to 300% APR by locking their funds away for three months. The community is ablaze with fearful whispers of the looming bear that Bumper Finance aims to cancel. The Limits of...

ADA price started a fresh decline after it failed to surpass $1.30 against the US Dollar. The price is now trading well below $1.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.15 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.10 support level in the near term. Cardano price is trading in a negative zone below $1.20 against the US Dollar, similar to...

Die Bitcoin-Börse Binance weitet ihr Angebot auf Aktienhandel aus Mastercard und Visa bestätigen die Zusammenarbeit mit Binance. Das Kryptounternehmen stand zuletzt wegen Nichteinhaltung regulatorischer Vorgaben in der Kritik, gelobt nun jedoch Besserung. Visa und Mastercard bestätigen Binance-Kooperation Die Handelsplattform Binance stand jüngst stark in der Kritik und musste...

Ethereum price started a fresh decline and it broke the $2,000 support zone against the US Dollar. ETH price is now trading well below $2,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hours chart (data feed from Coinbase). The pair is likely to accelerate lower if there is a close below the $1,750 support zone. Ethereum price is showing bearish signs below $2,000 against the US Dollar....

Bitcoin’s fall to the perilous support of $30K has made investors increasingly cautious, and warnings of a bearish force are already beginning to emerge even if the markets have already lost almost 50% of their total capitalization since the ATH just 3 months ago. Among the bearish voices is David Tice, a seasoned investor known for managing the Prudent Bear fund until he sold it in the midst of the 2008 crisis – coincidentally, the crisis that gave rise to Bitcoin. Hodling...

In its amended initial public filing (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC), Popular stock trading platform Robinhood revealed that it is expecting its revenue to drop in Q3 2021 as a result of the cool-off in the trading activity of the cryptocurrency market.  Robinhood Expecting Drop in Revenue With Robinhood planning to go public this July, the trading app revealed in a revised SEC filing that a decrease in retail trading activity could...

Robinhood is planning to release 55 million shares in the open market as it plans to reserve 20% to 35% of Class A shares for its customers.Zero-commission investment app Robinhood Market has put forwards the terms for its Initial Public Offering (IPO). The popular trading app is willing to raise more than $2 billion USD through the IPO expected later this summer.On Monday, July 19, Robinhood submitted its filing to the US Securities and Exchange Commission (SEC) stating that it will market...

The co-founder of Magellan Financial Group – Hamish Douglass – opined that the crypto market is one of the “greatest mass delusions in modern history.” To him, the whole idea behind the virtual assets looks like a religion that millions of people strongly believe in. The Crypto Crash Is Inevitable Hamish Douglass – co-founder and CEO of the Australian investment company Magellan Financial Group (MFG) – warned investors to beware of the cryptocurrency market. In a recent...