Markets

The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.The year has started with new records, the total cryptocurrency market cap exceeded $1 trillion, with only 67.7% of the cap covered by Bitcoin. As Bitcoin dominance drops, yet the market cap increases, the so-called “altcoin-season” should be expected.For that being said, let’s take a look at some altcoins that are worth following these days.AavePhoto: Aave chart on TradingView.AAVE/USDT is following an...

A few years after questioning bitcoin’s role in the financial markets, the former Federal Reserve governor Kevin Warsh has changed his mind, saying that owning BTC “makes sense” now.Furthermore, he breached the decade-old comparison between bitcoin and gold and said that the cryptocurrency is taking portions of the yellow metal’s market share.Former Fed Governor Changes His Mind On BTCThe primary cryptocurrency has a history of changing people’s minds. Previous examples include...

EOS started a strong surge from well below the $2.800 zone against the US Dollar.The price is currently trading well above $3.200 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support at $2.950 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to be limited below $3.200 and $3.000.EOS price started a fresh rally above $3.000 and $3.200 against the US Dollar, similar to...

Litecoin price started a fresh increase above $150 against the US Dollar.LTC price extended its rise towards the $175 level settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $175 resistance zone in the near term.Litecoin price is following a bullish path above $150 against the US Dollar, similar to...

The situation in the cryptocurrency market is currently as exciting as it has ever been. Bitcoin is charting new highs daily, altcoins are also starting to see some notable gains, resulting in massive growth for the entire market.For the first time ever, the market did something that not a lot of people believed in back a few years ago – it reached a total capitalization of $1 trillion.The Four Comma ClubIt took some time, but the cryptocurrency market capitalization has finally hit the...

The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...

Bitcoin is back where it was. In other words, it’s close to again reaching the all-time high it attained earlier in the year. After yesterday’s drop to about $31,000, the world’s number one digital currency by market cap has suddenly added another $2,000 to its price and is now trading for around $33,000 again.Bitcoin Just Keeps Growing…But here’s even bigger news. The currency’s market cap has now surpassed $600 billion. Following a ten percent gain in the past couple of days, the asset is...

Injective Protocol has introduced cutting-edge technology that would allow their traders to be able to trade forex futures on their decentralized platform.Earlier, when one thinks of forex trading, one thinks of transactions that occur usually only in traditional markets and central exchanges alone. This, however, is about to totally change with Injective Protocol that is launching the first-ever decentralized forex future trading platform in the world. This was made known through a press...

US investor, fund manager, and philanthropist Bill Miller believes that the global economic situation could drive large corporations to allocate more funds into bitcoin. The former Chairman and CIO of Legg Mason Capital Management said that the BTC adoption curve is very yearly, although the asset’s market cap has surpassed some prominent names.Rat Poison But For Cash; Miller SaysThe 71-year-old investor is among the most well-recognized and respected hedge fund managers, known for managing a...

UnitedHealth and Change Healthcare were in the health industry during the height of the coronavirus pandemic and experienced a double-digit gain in 2020.In a deal worth approximately $13 billion, UnitedHealth Group Inc (NYSE: UNH) has agreed to purchase health technology company Change Healthcare Inc (NASDAQ: CHNG). According to the transaction details, UnitedHealth will pay $25.75 per share in cash. Apparently, this is 41% up from Tuesday’s CHNG stock close at $18.24. Consequently, CHNG...