Markets

BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.Bitcoin (BTC) price has surpassed expectancy over the last days. The price started to recover on Monday with a considerable rally setting a new all-time high at the end of the week — reaching a market cap as high as $24,273 on Sunday.Now the price is traded at the current level of $22,700, suggesting there’s still buying demand despite falling below 23K. Likewise, many investors feared...

Bitcoin’s price went on a rollercoaster today, and the volatility continues to be rampant. Amid all this, the market saw more than $800 million in liquidations of both long and short positions in the past 24 hours alone.Bitcoin’s Rampant VolatilityTrading is a zero-sum game. For someone to win, someone else has to lose. This was perfectly exemplified in today’s market performance.Bitcoin’s price went from a high at above $24,300 to a low below $21,850 in a matter of hours. To anyone thinking...

Coinbase verwaltet 20 Milliarden US-Dollar Die US-amerikanische Kryptobörse Coinbase hat einen baldigen Börsengang angekündigt. Das Unternehmen gab am Donnerstag bekannt, einen Antrag bei der Börsenaufsicht SEC gestellt zu haben. Wievel wird Coinbase wert sein? AirBnB übertraf diesen Herbst alle Erwartungen und kam auf einen Börsenwert von mehr als 100 Milliarden US-Dollar. (Gutschein unten im Artikel) Coinbase reicht Bilanzdaten ein Schon...

Ant Group had anticipated raising up to $35 billion in a dual listing in Hong Kong and Shanghai stock exchanges.In a bid to rescue and salvage the world’s largest IPO, Jack Ma is reported to have offered Beijing part of Ant Group to appease the contentious relationship. “You can take any of the platforms Ant has, as long as the country needs it,” Mr. Ma proposed to the Chinese regulators.Meanwhile, the Chinese regulators have not responded to the offer but people close and familiar with the...

As Tesla prepares to make an entry to the S&P 500 index later today, here’s how it will impact the index movements.The world’s largest automobile company Tesla Inc (NASDAQ: TSLA) is all set to debut on the S&P 500 on Monday, December 21. With a weighting of 1.69%, Tesla will be the fifth-largest company in the index beating other giants like Alphabet Inc (NASDAQ: GOOGL) and Berkshire Hathaway Inc (NYSE: BRK.A).After an outstanding performance, Tesla has finally roared its way to the...

Following last evening’s run-up to around $24,300, today the markets are deep in the red. Bitcoin dipped below $22,700, charting a decrease of about 3.5% on the day, while altcoins crash even harder.This downturn coincides with a market-wide pullback in traditional finance as major European indices tumble while US index futures are also down in the pre-market hours.Bitcoin Price Loses $1,400 in Hours, Market FollowsYesterday was a good day for Bitcoin as the price for the cryptocurrency...

Stellar lumen price topped near $0.2080 and started a fresh decline against the US Dollar.XLM price is now testing the $0.1750 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1750 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.1800 or it might dive further below $0.1750.Stellar lumen price is correcting gains from well above $0.2000 against the US Dollar, while bitcoin holding gains. XLM...

Bitcoin’s weekend ended with high volatility again with a new all-time high of $24,300 and a subsequent violent rejection to $23,100. Most alternative coins have stalled in the past 24 hours, except Bitcoin Cash – it has skyrocketed by 15% to its highest level since February.Bitcoin’s New ATH And Sharp DumpThe past several days have been wildly bullish for the primary cryptocurrency. After finally breaking above the coveted $20,000 price tag, BTC continued forwards and charted a few...

Ripple price is struggling to clear the $0.5800 and $0.6000 resistance levels against the US dollar.The price is holding the key $0.5350 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.5780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh increase if there is a clear break above $0.5780 and $0.5800.Ripple price is showing bullish signs above $0.5350 against the US Dollar. XRP...

Bitcoin has been doing quite well as of late. In recent days, the currency has hit a new all-time high and has shot beyond the $22,000 mark, bringing the world’s number one cryptocurrency by market cap to its most bullish peak yet.Bitcoin Is Doing Well, But Could This Streak End?However, while the asset appears to be surging, many are worried that the positive waves making their way through the industry won’t last much longer. Some analysts are warning their followers that things are going to...