Markets

Virgin Galactic stock is currently at $27.81 in the pre-market trading, increasing 4.82% over its previous close of $26.53.American spaceflight company Virgin Galactic Holdings Inc (NYSE: SPCE) has lost more than 21% in its stock in the last five days. The spaceflight company has been declining since it delivered a non-profitable earnings result for the fourth quarter.On the 25th of February, Virgin Galactic reported an adjusted EBITDA loss of $59.5 million. The decline is an addition to the...

Although one-year Tesla stock figures look good, 5-day, 1-month, and year-to-date movements are currently taking the heat, despite Bitcoin purchases.Tesla Inc (NASDAQ: TSLA) Is experiencing a considerable market downturn as the company’s stock has not maintained achieved increases from Bitcoin investments. The Elon Musk-led electric car maker has recently been trading in red, somewhat depleting gains from heavy crypto investments. Specifically, the Tesla market cap has lost $277 billion in a...

From the technical point of view, Bitcoin price remains bullish both on the higher and lower timeframes.After consolidating for the past two weeks between $43k and $51k, Bitcoin price jumped approximately 8.9% in the past 24 hours to trade slightly above $54k at the time of reporting. With the growing price, Bitcoin, ostensibly, has also surpassed $1 trillion in market cap for the second time in less than two months.Market data provided by Coinmarketcap indicates the asset was trading around...

ADA price corrected lower and found support near the $1.040 level against the US Dollar. The price is now consolidating above $1.100 support, but it is below the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.1350 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.200 unless there is a close below $1.050. Cardano price is showing positive signs above $1.050...

Ethereum price found support near $1,280 and started a fresh increase against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break a major bearish trend line with resistance near $1,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $1,920 and $2,000 resistance levels in the near term. Ethereum price is gaining pace from $1,300 against the US...

Not too long ago, Live Bitcoin News reported that as bitcoin surged, so did many stocks that were associated with various digital tokens and mining operations. At the time of writing, it seems like the world’s number one digital currency by market cap has been struggling to move past the $50,000 mark again. It is currently still stuck at $48,000 after several days, and there are quite a few crypto-based stocks that are now suffering because of it. The Bitcoin Price...

ADA/USD – Bulls Attempt To Defend $1.10.Key Support Levels: $1.07, $1.00, $0.944.Key Resistance Levels: $1.20, $1.32, $1.40.ADA is down by a total of 13.5% over the past week as it slips from above $1.30 to reach the current $1.11 level. There was a bearish divergence that was playing out from mid-Feb to the start of March that caused the market to roll over from $1.30 over the past week.After rolling over, the coin dropped beneath $1.30 and continued to fall until the market found support at...

By creating the kinds of real-time support for liquidity and trading, crypto exchanges can enhance the experience for their investors.It’s one of the greatest problems bedeviling some traders and investors who wade into cryptocurrency markets, and causing consternation from others on the other side of the desk as well: what do you do when your cryptocurrency exchange goes dark at just the wrong moment?Unplanned downtime for cryptocurrency and defi asset exchanges is a major problem. It’s...

Yet another Bitcoin ETF is to reach the markets in Canada as the country’s securities regulator has issued “a receipt for the final prospectus” for CI Global Asset Management’s application. Dubbed CI Galaxy Bitcoin ETF (BTCX), it’s expected to launch on the Toronto Stock Exchange (TSX) on March 9th, and Mike Novogratz’ Galaxy Digital Capital Management will act as the sub-advisor. Founded in 1965, CI Global Asset Management is an asset manager with over $180 billion in AUM as of January 2021....

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017.ETH Whales At a 3-Year HighThe price of ETH has been on a roller-coaster since the start of the year. The asset entered 2021 at $720 before the bull run took it above the previous all-time high at...