Markets

Michael Saylor became one of the most popular bitcoin bulls in the past several months after the company he founded over three decades ago allocated millions of dollars in BTC. He also disclosed buying nearly 18,000 bitcoins personally. In a recent live stream with Binance’s Changpeng Zhao (CZ), he revealed why he decided to allocate such a considerable amount in the primary cryptocurrency.During the Binance-initiated live stream, Saylor said that the events that transpired in March 2020 were...

As Bitcoin price stalls, it is obvious that emotions will be the most decisive factor in the coming weeks as investors are controlled by the fear of losing out of a potentially promising position.Investors are at a loss at what would happen next in the coin market as the price of Bitcoin (BTC) seems to stank around $18,000 after weeks of upsurge. There had been an expectation that the digital asset would soar up to $20,000 as it had done in December 2017 but it seems to have lost momentum in...

With the company locked in the S&P 500 index, some analysts expect the Tesla management to further split the shares to secure a position in the Dow Jones index next year.As the year comes to an end, Tesla Inc (NASDAQ: TSLA) investors are among the most satisfied in the stock market that can be described as the most ‘chaotic’ in the recent market history. On Monday, Tesla shares continued scaling higher as they added approximately 7.13% to close the day trading at $641.76. However, they...

Japanese financial giant SBI Group and Switzerland’s principal stock exchange, SIX Swiss Exchange, will team up for a new cryptocurrency-related platform to establish institutional connections between Europe and Asia.The New Platform Will Launch In SingaporeAs per an official announcement, the digital asset-related arms of both companies – SIX Digital Exchange (SDX) and SBI Digital Asset Holdings – will cooperate to establish the new project. It will target regulated institutional clients...

Der BTC sträubt sich weiterhin erfolgreich gegen ein neues Allzeithoch. Der Kurs schaltete in den letzten 24 Stunden sogar wieder auf Rot und nähert sich einem kritischen Support-Niveau bei 18.700 US-Dollar. Unterschreitet der Kurs diese Marke, geht es wohl weiter bergab – doch wie weit? Bitcoin News: Bitcoin mit Problemen bei 18.700 US-DollarBei 19.500 US-Dollar war der Widerstand zu groß für den Bitcoin; der Kurs kehrte sich um und purzelte wieder unter 19.000 US-Dollar pro BTC. Und können...

CoinGecko was reported to have approximately 20.6 million monthly desktop and mobile visitors while CoinMarketCap reported a figure of 29 million.As Bitcoin and the greater altcoin market experience a heightened level of volatility, more crypto fanatics remain glued to different analytics provider platforms including CoinGecko and CoinMarketCap. For years, CoinMarketCap has remained unchallenged in the sector but a new report suggests otherwise.According to a recent report by news outlet The...

ADA price is struggling to clear the $0.1600 and $0.1740 resistance levels against the US Dollar.The price is now trading below the $0.1600 pivot level and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.1580 on the 4-hours chart (data feed via Kraken).The price could decline sharply below $0.1450 as long as it is below $0.1600.Cardano price is showing a few bearish signs below $0.1600 against the US Dollar, unlike bitcoin. ADA price...

Despite briefly dipping beneath $19,000 after another rejection, bitcoin has reclaimed that coveted level and currently trades above it. Most alternative coins have lost some steam since yesterday and have charted minor losses.Bitcoin Stopped At $19,400The primary cryptocurrency had a mostly calm weekend following the highly volatile week. Bitcoin displayed stagnation around the $19,000 mark with a few unsuccessful attempts to break above $19,400.In the past 24 hours, BTC tried to break above...

Ethereum price is trading in a contracting range below $600 against the US Dollar.ETH price is currently trading near the $585 pivot and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $596 on the 4-hours chart (data feed from Coinbase).The pair could either surge above $600 or decline heavily towards the $550-$560 zone.Ethereum price is showing a few bearish signs below $600 against the US Dollar. ETH/USD is likely setting up for a...

This summer’s decentralized finance boom is far from over. Granted, a large number of the newly minted DeFi tokens have pumped and dumped, but November has seen a major resurgence for many of them as they outperform Bitcoin itself.During the month of November, Bitcoin made just under 40% in a climb from $13,800 to top $19,000 by month-end. It’s long-awaited surge towards its previous high of $20K three years ago has renewed the market momentum and general ‘hopium’ that has been missing for...