Markets

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against five individuals in connection with BitConnect for promoting and selling unregistered securities. BitConnect is a notorious cryptocurrency Ponzi scheme that stole billions of dollars from investors, making it one of the biggest scams in the crypto industry. The SEC alleges that the defendants helped market BitConnect’s global unregistered securities sales, raising over $2 billion from...

Here is a story that is likely to get your positivity flowing. As we all know, bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has fallen from its recent all-time high of approximately $64,000 – which it attained in mid-April – down to about $38,000 at press time. The price of bitcoin has fallen harder than it ever has in the past 12 years, but according to many analysts, the asset is still on its way to reaching a...

Online trading in recent days has become a bit of a hobby as well as a profession as more people are driven by the desire to make huge profits amidst volatile markets. While professional traders have it all sorted out, hobbyists and newbie traders will have a lot of catching up to do before they can reap considerable profits from this activity. LiveTrades, a Reykjavik, Iceland-based online copy trading platform offers a solution that makes it easier for everyone to trade...

One of the big rumors surrounding both the stock market and the bitcoin space is that they are correlated. That they follow each other and wherever one goes, the other is likely to follow suit. A new study has emerged claiming that this is not a rumor, but rather the truth. Bitcoin and Stocks Are Closely Tied The study was performed by analysts with DBS, a Singapore-based bank. The individuals in charge of the study were Taimur Baig – an economist – and Chang Wei Liang,...

As a new investor, it can be quite challenging to know what exactly is going on in the frantic crypto market. At times, the cryptocurrency market seems like a living and breathing entity, with prices following both facts and hype. But no matter if you are new in the market that wants to buy bitcoin with credit card or a seasoned veteran that trades daily, there are some crypto influencers that everyone should be following. Sometimes, a single tweet from these crypto...

Bitcoin, and the entire cryptocurrency market, saw yet another choppy week where prices failed to recover substantially and continued to struggle. The past seven days didn’t exactly go according to the intentions of bulls as the price of BTC is down about 9%, currently trading around $37,000. It all started last Friday when the price dropped from above $40,000 down to about $35k. In a sequence of choppy actions, the price attempted to take back the important psychological and...

Although the organization he runs is significantly more opened to the cryptocurrency world these days, JPMorgan’s CEO, Jamie Dimon, advised people to stay away from digital assets. Nevertheless, he admitted that institutional clients of the bank have shown a high demand for such products in recent months. Stay Away From Crypto, Says Dimon The Chairman and Chief Executive Officer of JPMorgan Chase and Co has a somewhat controversial history with bitcoin and the rest of the...

According to Kyle Davies, the dip in the cryptocurrency market is nothing to be too scared of for cryptocurrency investors. A significant portion of the entire cryptocurrency reserve in the world is concentrated in a unique place: ex-Deutsche Bank traders and the co-founders of Three Arrows Capital Su Zhu and Kyle Davies are among the biggest holders. The duo downplays the effect that Elon Musk’s recent Twitter episode will carry into the future for cryptocurrency markets.Early Cryptocurrency...

[PRESS RELEASE – Please Read Disclaimer] London (May 27, 2021):  GNY announced it’s first enterprise partnership today, sharing that it would provide N1 Supermarkets in Switzerland with machine learning powered solutions for customer engagement and rewards. N1 is the official, and exclusive partner of Intermarche in Switzerland.  Intermarché, the European grocery giant, had 46.3 billion euro sales last year and this is their exclusive backed project entry into the Swiss...

During the financial year 2020, JD Logistics arm reported revenue of approximately $11 billion.JD Logistics shares closed Hong Kong IPO debut trading at HK$41.70, up 3.3% from the opening price. JD Logistics is a spin-off from the Chinese e-commerce firm JD.com Inc (NASDAQ: JD). Notably, JD Logistics shares had risen as much as 18% during the Hong Kong trading hours.Consequently, JD shares on Nasdaq tweaked approximately 0.23% during the Friday pre-market session to trade around $73.00....