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US Stock Market Records Massive Pull Back Following Stunning Start of Week

The US stock market is perhaps responding to a 1.41% drop in the 10-Year Treasury rate, a major focus point for equity investors.The US stock market is seeing a strong pull back after starting the week on a stellar note. The Dow Jones Industrial Average (INDEXDJX: .DJI) slipped by 0.46%, shedding 143.99 points to 31,391.52. The Nasdaq Composite (INDEXNASDAQ: .IXIC) dropped 1.69% to 13,358.79 while the S&P 500 Index (INDEXSP: .INX) which recorded a 2% bullish jump on Monday shed off 31.53...

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VanEck to Launch Vectors Social Sentiment ETF Named BUZZ

BUZZ already has support from some big names. Jim Cramer says that the ETF ‘resonates’ with him.The VanEck Association is expected to launch VanEck Vectors Social Sentiment ETF (NYSE: BUZZ) on Thursday, March 4. The ETF will monitor online chatter about the BUZZ NextGen AI US Sentiment Leaders Index. The Index will include the 75 most-favorably mentioned companies on the web with a market cap of no less than $5B. A few stocks listed on the Buzz index include DraftKings (NASDAQ: DKNG), Twitter...

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Automating Your Trading Strategy, Set It and Forget It: Top 3 Trending Index Tokens

Index tokens are a vital tool for making breakthroughs happen. By providing automated rebalancing and diversification of crypto portfolios, they represent both convenience and risk alleviation.Index tokens bring asset automation and risk reduction to your yield farming ventures. As blockchain finance continues to evolve, they aim to streamline investment experience just as ETFs do in the traditional stock market.What Are Index Tokens?The GameStop short-squeeze drama is simmering down now, but...

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NFT Records Over $342 Million Trading Volume in February

Generally, NFTs are on the right path of attracting more traders, taking the non-fungible token collectibles markets to the sky.NFT is having a great year, recording massive sales with its numerous digital collectibles. NFTs have a big collection of palpable and abstract items that carry their uniqueness and on-chain look. The non-fungible token is essentially based on Ethereum (ETH) and has a booming market with sports collectibles, trading cards, art collectibles and even digital kick...

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NEXT Chain: New Generation Blockchain With Eyes on the DeFi Industry

[Featured Content]The cryptocurrency industry is booming throughout the past year, and the increase in the total market capitalization is definitive proof.The market is, at the time of this writing, valued at about $1.5 trillion. The same can be said about the DeFi industry. The total value locked in various protocols exceeds $39 billion, and the direction has been up only for quite some time.However, this has also brought certain inefficiencies in different solutions, including Ethereum....

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KuCoin Expands in the Derivative Market by Launching Leveraged Tokens

[PRESS RELEASE – Please Read Disclaimer]Victoria, Seychelles, 3rd March, 2021, // ChainWire //KuCoin, an IDG-backed crypto exchange, announced that its leveraged tokens have been made available for beta test. The first batch of leveraged tokens to be introduced are BTC3L, BTC3S, ETH3L and ETH3S, and invited users will be able to trade the tokens in the KuCoin Sandbox. The feature will be officially launched in the middle of March.Leveraged tokens are a new type of crypto derivative without...

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Cardano Google Searches at All-Time High as Retail Investors Come for ADA

Retail investors appear to have flooded the third-biggest cryptocurrency by market cap – Cardano’s ADA. Google searches have skyrocketed to new highs in the past few weeks, coinciding with the latest price record for the ADA token.Cardano Google Searches Through the RoofGoogle trends data is generally a good indicator of the behavior of retail investors, especially when it comes down to the cryptocurrency space. The number of Google searches for a specific token/project provides a rather...

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Tron (TRX) Price Analysis: Bulls Eye Fresh Rally Above $0.05

Tron price remained stable above the $0.0420 support zone against the US Dollar. TRX price is now testing the $0.0480 resistance and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0480 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0480 and $0.0500 resistance levels in the near term. TRON price is showing positive signs above $0.0420 against the US Dollar,...

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Citibank Praises BTC, While China Seeks to Limit Mining Activity

From both ends of the world, bitcoin is the target of much speculation. In the west, it appears to be the subject of positivity, with the likes of Citibank commenting that bitcoin is likely to be at the center of much cultural and revolutionary change. In the east, countries like China are looking to implement serious limits on bitcoin and crypto mining. With both sides offering opposing views, it looks like bitcoin has used this time to heal some of its wounds and...

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Is Copytrading on Platforms Like eToro Easy?

With copy trading, traders are allowed to automatically copy different traders’ positions whenever they are opened or closed. These positions are usually advertised using social media networks where their different followers can copy different methods. With copy trading, traders can occupy positions in different markets such as forex and stocks. Your followers decide how much they can invest and how much or less they will give, depending on how successful the trader is....

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