Markets

Kommt es zum Jahresende nochmals zu einem Preisanstieg oder geht es doch wieder runter. Die Analysten sind derzeit gespalten, was die Richtung des Bitcoin-Preises angeht. Doch selbst die Pessimisten sehen keinen großen Absturz kommen. Bitcoin News: Bitcoin Preisanalysen fürs Jahresende 2020Am unteren Ende wird bis zum Neujahr maximal ein Preisabsturz bis 25.000 US-Dollar gesehen. Am oberen Ende geht es laut einiger Experten aber sogar in Richtung 30.000.Eine Analyse geht davon aus, dass der...

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...

Bitcoin has continued with highly volatile moves, including a drop from $27,500 to beneath $26,000. Several altcoins have marked serious gains, such as Binance Coin. BNB charted a fresh ATH of about $40 after a double-digit daily surge.Bitcoin Rejected At $27,500After charting the latest all-time high of about $28,300 a few days ago, bitcoin started to decline in value. Shortly after the record, BTC headed south and dipped beneath $26,000.Although the cryptocurrency bounced off that level and...

Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...

Cryptocurrency exchange Coin DCX has managed to put away roughly $20 million since the start of the pandemic. The company recently completed a Series B funding round in which it garnered as much as $13.9 million, though this was the third funding round it engaged in during 2020. Companies such as Block.one, Coinbase, DG and Jump Capital were all happy to take part.Coin DCX Is Growing Like MadInitially, the company sought to raise roughly $3 million back in March when the coronavirus pandemic...

Bitcoin has been experiencing a monster rally at the time of writing, but according to some analysts’ viewpoints, the jumps incurred by the world’s number one digital currency by market cap aren’t all that spectacular. Meltem Demirors – chief strategy officer at Coin Shares – explained in a recent interview that certain stocks, such as Tesla, have also witnessed huge spikes in recent months, and some have been even larger by comparison.Meltem Demirors: Bitcoin Is Less VolatileDemirors says...

Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.This year, the coronavirus pandemic has upended the market and challenged investors, both institutional and individual. Morningstar Inc (NASDAQ: MORN), a leading provider of independent investment research, has conducted research to figure out how US top funds behaved...

The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors.European-style BTC Options on BinanceThe Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato.The announcement reads that Binance has completed a testnet trial of the new BTC options contracts in...

Pascal Soriot, the Chief Executive of AstraZeneca revealed that the vaccine is as effective as Pfizer and can be a strong protector against the new variant of the virus which is very contagious.AstraZeneca Plc (NASDAQ: AZN) has responded to the circulating news concerning the near approval of its COVID-19 vaccine by next week. According to reports, the UK intends to roll out the vaccine on January 4th after earlier approving and administering the Pfizer–BioNTech vaccine.The positive vaccine...

While IPOs improved the public listing revenues, Special Purpose Acquisition Companies (SPACs) also saw an increased embrace in the US within the year.According to the Financial Times (FT), businesses through the United States Initial Public Offering (IPO) boom this year has been estimated to raise as much as $159 billion dollars. As reported by Benzinga, and per Refinitiv, the global estimated figure businesses raised through IPO’s was estimated at $300 billion with the FT noting that $159...