Markets

The push by Tesla has driven the market capitalization of Bitcoin to $851 billion with about a 63% dominance rate in the market.Tron founder Justin Sun’s tweet from March 2019 about “When Lambo” and Tesla Inc (NASDAQ: TSLA) are coming off as a prophecy come through following the Electric Vehicle maker’s latest big bets on Bitcoin. Per an earlier report by Coinspeaker, Tesla, under Chief Executive Officer Elon Musk has put $1.5 billion worth of BTC on its balance sheet while also declaring its...

On Monday, Ocugen stock was the most actively traded stock with a volume of 504.7 million shares.Ocugen Inc (NASDAQ: OCGN) saw its stock skyrocket on Monday after disclosing on February 7 that there would be a direct offering of its shares at a 27% premium to investors from the healthcare industry.After surging around 200% yesterday, today in the pre-market the stock is down 14%, trading at $13.58%.In a statement made available on Monday, the biopharm company announced that a total of...

The current price of $98 is a bit surprising as analysts used the MVRV method to predict a possible reversal at $76.Binance coin (BNB) has made history with a 35% price surge to hit a new ATH price of $98 on February 9, 2021. Binance coin tripled its price point after trading at $35 on January 11, 2021. After the asset set a resistance level of $76, more buyers were invited into the market to push the asset to trade above the Parabolic SAR Point. This was a strong indication that the bullish...

By adding a crypto wallet and exchange capabilities, Apple could attract a huge customer base due to its up to standard security system.Following Tesla Inc (NASDAQ: TSLA) quest into the crypto market through Bitcoin, RBC analysts speculate Apple Inc (NASDAQ: AAPL) could be the next unicorn to join the cryptocurrency industry. As a result, RBC analysts raised their Apple price target from $154 to $171, approximately 25% up from Friday’s close.In a note to clients, RBC analyst Mitch Steves...

With its massive $1.5 billion purchase of bitcoin, the electric vehicle giant Tesla has inadvertently helped the cryptocurrency to surpassed it in terms of market capitalization. With BTC’s price skyrocketing to new highs and its market cap following, bitcoin is now ranked as the 7th largest asset.Bitcoin Surpasses Tesla For The 7th SpotElon Musk’s Tesla shocked the world after it filed Form 10-K with the US SEC, in which the founded in 2003 clean energy giant said it had purchased $1.5...

ADA price started a strong increase above the $0.6000 resistance level against the US Dollar.The price even cleared the $0.7000 level and settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.6550 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.7200 as long as it is above the $0.6500 support.Cardano price is holding gains above $0.6500 against the US Dollar, while bitcoin is surging....

Ethereum price is showing a lot of positive signs above the $1,500 and $1,650 resistance levels against the US Dollar.ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $1,480 on the 4-hours chart (data feed from Coinbase).The pair seems to be eyeing an upside break above $1,800 and $1,850 in the near term.Ethereum price is about to break higher above $1,800 against the US Dollar. ETH/USD is...

BTC is becoming a popular feature on the balance sheets of publicly-listed American companies, with many firms committing a significant portion of their equivalent cash balance to the largest cryptocurrency by market capitalization.Apple Should Buy Bitcoin and Create Exchange PlatformAccording to a client note quoted by Bloomberg, RBC Capital Markets, RBC Capital Markets has urged the iPhone maker to create a Bitcoin exchange platform and also acquire some of the popular cryptocurrency. As...

Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has shot up like no other currency this week. The asset has lost much of the attention thanks to bitcoin once again rising beyond the $37,000 mark in the past few days, but it has still set a new precedent and has traders talking about what’s to become of the world’s primary altcoin.Ethereum Is Growing Like No Other CoinEthereum initially began in 2015, which makes it considerably...

It appears that the IEO season is coming back as the newest project that saw its listing on the Binance Launchpad charted massive gains of about 1800% upon being launched.Binance IEO SafePal (SFP) Goes ParabolicInvestors in the latest Initial Exchange Offering (IEO) that took place on the Binance Launchpad platform saw handsome gains of up to 1800%.SafePal (SFP) saw its listing price at $0.10 and skyrocketed up to $1.9 in the first moments after its listing. While it can be argued that it’s...