Markets

This week we saw altcoins taking for the skies as Bitcoin was rangebound. This led to a plummeting BTC dominance that hit a 2-year low. Bitcoin was trading slightly below $60K this time last week, and everyone had their hopes up that it would conquer this coveted level. Unfortunately, last Saturday, the price started showing signs of weakness, and it declined all the way to $57K on Sunday. From there, Bitcoin started trading flat and made another unsuccessful attempt at $60K...

It sounds like everyone is learning from Coinbase. The popular cryptocurrency exchange in San Francisco, California, announced last year that it was getting ready to go public. The trading platform will begin trading on the Nasdaq next week on April 14, and now it looks like Kraken is going to follow suit. Kraken Is Heading Down the Coinbase Road Kraken is another large cryptocurrency exchange. Also stationed in northern California, it is a direct competitor to Coinbase, though it claims it...

As the crypto market gradually recovers from Wednesday’s dip, ENJIN Coin (ENJ) received a significant boost in price following its listing on Coinbase Pro, the professional trading platform of the U.S.-based exchange, Coinbase. Coinbase Lists ENJ and Three Others The San Francisco-based exchange noted in an announcement this week that ENJ alongside 1INCH, OGN, and NKN will be available for trade today by 4 PM UTC if liquidity conditions are met.  “Once sufficient supply of...

Citing massive demand for its popular models, Tesla has updated the prices for its Model 3 and Model Y. However, the immediate concern in short term is that it has very little inventory at this point.On Thursday, April 8, TSLA stock price was up 1.91% trading at $683 with a market cap of $656 billion. The price uptick comes as Wall street cheers Tesla Inc (NASDAQ: TSLA) updating the prices of its Model 3 and Model Y. However, it is not something major but a minor price update. At the time of...

Since the announcement, there has been a mixed price reaction. While some like Filecoin, Bancor, and Yearn Finance have gained by as much as 10%. Others like Cardano have barely moved, recording a marginal move of less than 1%.Amidst growing interest in cryptocurrencies and their trading, Revolut has added new tokens. Those added are Cardano, Filecoin, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, The Graph and Uniswap. The digital banking service provider...

The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.The United States stock market saw yet another positive close to Thursday’s market session as the Nasdaq Composite leads the gains after surging 1.03%, adding 140.47 points to 13,829.31. Not only Nasdaq Composite (INDEXNASDAQ: .IXIC) is in green. The Dow Jones Industrial Average (INDEXDJX: .DJI) recorded a 0.17% growth to 33,503.57. The S&P 500 Index...

Moreover, Robinhood said that its team had expanded more than three times since 2021 began.Stock brokerage Robinhood Markets Inc said customers who traded crypto on the platform grew from 1.7 million in 2020 Q4 to 9.5 million in 2021 Q1. The online brokerage app announced the massive growth in a blog post published on the 8th of April. In the blog post titled “How Crypto Fits Into Robinhood’s Mission,” the company stated its mission as democratizing finance for all. Primarily, Robinhood aims...

Coinbase is all set to be traded on the Nasdaq beginning on April 14, and while the time for average Joes and Janes to invest in one of the world’s largest cryptocurrency exchanges has finally come, it appears many high-ranking financial players had an opportunity to invest in the digital platform during its early days. Sadly, some – such as Chamath Palihapitiya – did not take advantage of the circumstances when they were available. Coinbase Is the Envy of the Crypto...

Since entering the market, Soteria has been committed to protecting the safety of BSC projects, while constantly stimulating the ecological construction of BSC.Soteria, an insurance project on Binance Smart Chain (BSC), officially launched its governance function on April 6. The project provides detailed rules for hundreds of subdivisions under 15 categories on the official website, making it the most extensive project on the market.To be more specific, Soteria has established detailed voting...

The Coingecko Premium plan provides access to all of what the free version offers but presents an Ad-free experience on all CoinGecko apps.Cryptocurrency market data aggregator CoinGecko has unveiled new ways to serve its customers through the rollout of premium services, as interest in the broader digital currency ecosystem blossoms. Announcing the latest products which will serve as a big boost to the existing features on its platform, CoinGecko noted that its current offerings will remain...