Coupang shares are expected to start trading on Thursday on the New York Stock Exchange under their ticker ‘CPNG’. South Korean e-commerce giant Coupang Inc, which is backed by SoftBank Group Corp, conducted its initial public offering (IPO) on Wednesday. Notably, the company sold 120 million shares at $35 to raise $4.2 billion. Thereby putting its valuation at approximately $60 billion according to CNBC.Reportedly, Coupang shares are expected to start trading on Thursday on the New York...
Read More »Bitcoin Is Now Available for Trading on IronFX MT4
[PRESS RELEASE – Please Read Disclaimer]65 Court Street Hamilton, Bermuda: IronFX is pleased to announce that its users can now trade in Bitcoin using the prestigious Metatrader 4 platform.Bitcoin is one of the first cryptocurrencies to hit the market and was designed as a decentralized currency used for making payments. Although the crypto giant faced tons of hurdles, in the beginning, it has become a household name for crypto enthusiasts worldwide. The initial purpose of Bitcoin was to ease...
Read More »EOS Price Analysis: Breakout Above $4.40 Seems Likely
EOS is slowly rising from the $3.500 support base against the US Dollar. The price is currently trading above the $3.800 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase above the $4.400 and $4.500 resistance levels. EOS price is consolidating above $3.800 against the US Dollar, while...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Fresh Test of $240
Litecoin price is recovering and it is now well above the $185 level against the US Dollar. LTC price is now testing the $205 resistance and it is well above the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to clear the $210 resistance and start a strong increase in the near term. Litecoin price is consolidating above $185 and...
Read More »Polygon (MATIC) Soars by 40% as Coinbase Pro Looks to List it Tomorrow
Coinbase announced today that it would list MATIC on its advanced trading platform, Coinbase Pro – the result is a quick upward surge which has resulted in a 35% gain.MATIC Skyrockets After Coinbase Announce ListingEthereum scaling and infrastructure development platform, Matic Network (now Polygon) has rallied by 35%. The surge was fueled by the forthcoming Coinbase pro listing. San Francisco-based cryptocurrency exchange, Coinbase announced yesterday that MATIC would be available for...
Read More »Twitter Suspends Accounts of Crypto Influencers
According to the Twitter policy, account security at risk and abusive tweets are part of the reasons an account can get suspended. Twitter Inc (NYSE: TWTR) has been exposed to suspending the accounts of some selected prominent crypto influencers in the early hours of Wednesday. According to the report, this was done with no clear reason as the social media giant has not released any public statement to clarify the report.This has been a serious cause for concern as a similar attack on...
Read More »Coinbase Pro Announces Support for Polygon (MATIC), Skale (SKL), SushiSwap (SUSHI)
Coinbase Pro is one of the leading trading platforms in the United States and its support of Polygon, Skale, and SushiSwap makes a credible case for the growing strides of DeFi in the crypto sphere.Coinbase Pro has announced its support for three new digital assets including Polygon (MATIC), an Ethereum-based token that powers the Polygon Network, Skale (SKL), a leaderless consensus protocol, and SushiSwap (SUSHI), a decentralized exchange and automated market maker. According to the official...
Read More »Bitcoin Whales and Institutions Took Advantage of BTC Dip as $100K Orders Hit New Record
As the market continues to swell, data has shown that big players bought into the Bitcoin dip, with heavy orders that may have encouraged the BTC pump.The Bitcoin market is experiencing quite the trajectory as traders have continuously pumped in money, despite corrections. According to recent data, Bitcoin whales and several institutional players bought into the recent Bitcoin dip, acquiring considerably large amounts. The large purchases have stayed consistent, setting the world’s largest...
Read More »DIS Stock Down 3.67% Yesterday, Disney+ Surpasses 100M Paid Subscribers
Due to increased streaming demand fueled by the coronavirus pandemic, Disney has shifted focus to its Disney+ division to maximize profits.The Walt Disney Company (NYSE: DIS) stock closed yesterday trading at $194.52, down 3.66%. Meanwhile, Disney stock was up approximately 1% during the pre-market trading session. Disney stock remains significantly bolstered by the tremendous success in the streaming sector Disney+.According to Bob Chapek, the chief executive officer of the entertainment...
Read More »Tron (TRX) Price Analysis: Upside Break Above $0.055 Likely
Tron price is slowly moving higher towards the $0.0550 resistance against the US Dollar. TRX price is now trading above the $0.0500 support and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.0485 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0535 and $0.0550 resistance levels in the near term. TRON price is showing positive signs above $0.0500 against the US...
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