Tag Archives: News

Fundstrat Global Advisors, LLC – the same company responsible for giving the world Tom Lee and his sometimes outlandish and boisterous bitcoin price predictions – says that it’s likely going to take months for the world’s number one digital asset to recover from its recent falls.Fundstrat Is Predicting Gloom and Doom for BTCWhile the asset is once again above the $6,000 mark – a solid hike from last week’s dismal $4,900 – Fundstrat says that bitcoin is trading for about 40 percent less than...

It looks like bitcoin’s status as a “safe haven” asset is no longer being questioned. After weeks of people wondering whether bitcoin could sustain a person’s wealth during times of economic strife, the token is finally starting to earn a little bit of respect and attention.More Bitcoin Buying Opportunities Are EmergingMany banks and financial institutions abroad claim to be offering new methods of purchasing bitcoin and assorted cryptocurrencies to be added to users’ portfolios, and buying...

JPMorgan’s chief U.S. equity strategist thinks that the S&P 500 could return to record highs by early next year if the U.S. policy of efficiently containing the coronavirus outbreak works and the government rapidly moves forward with fiscal stimulus.Last week was pretty damaging for the U.S. markets even though they had a day of positivity. However, they ended the week in the red. Just for reminder, U.S. stocks finished the session on Friday following predictions from Goldman Sachs on...

Bitcoin is currently trading in the mid-$6,000 range. While it had expanded all the way to $6,800 during today’s early morning hours, it appears to have settled down a bit and taken a comfortable seat at around $6,400 during the time of writing.Bitcoin Has Seemingly Recovered SomewhatBitcoin is not alone in its present ascension. The currency is joined by the likes of Ethereum, Ripple and bitcoin cash, all of which have spiked by as much as 22 percent in the last 48 hours. The crypto downfall...

According to a new survey published by Bitcoin IRA, many crypto users and enthusiasts believe bitcoin will surge past the $8,000 mark again in the next 90 days.Bitcoin IRA Suggests Positive SentimentBitcoin IRA is a company that allows individuals with retirement accounts to invest in digital assets such as bitcoin, Ethereum and bitcoin cash. While the notion of investing one’s retirement funds into digital assets can be a bit scary given their volatility – this is, after all, the money...

United Airlines (UAL) stock is said to have good chances to rise after the COVID-19 situation is over. Today it is fully in the green.United Airlines Holdings Inc (NASDAQ: UAL) stock may take off after COVID-19. This is what prominent investment analyst Luke Lango thinks. Sources report that the Caltech graduate said that that UAL is the best of the lot.While some people blame cryptocurrencies for their volatility, stocks are not netter at all in this context these days. UAL stock price...

Italian bank Banca Sella is now offering its 1.2 million customers the ability to trade Bitcoin through their accounts, using a platform called Hype platform.An Italian bank Banca Sella has come to the rescue of the local people to offer a Bitcoin trading platform, as Italy struggles to contain the contagious coronavirus. According to a statement by the bank, it will now provide its 1.2 million customers with a platform to trade Bitcoins with their available balances. Banca Sella has named...

It looks like the popularity of bitcoin futures has taken a turn for the worse.Bitcoin Futures Trading Reaches New LowsCME Group in Chicago, Illinois reports that only three bitcoin futures were traded last Tuesday. Approximately 80 bitcoin units were involved in the contracts, totaling approximately $80,000 at the time of the trades. This, according to CME Group, establishes a new low for the company, beating the previous record of $125,000 BTC posted in late January.While CME still boasts...

While Tesla (TSLA) stock has corrected 60% in just over a month’s time, its valuations look to be attractive. With strong fundamentals in place, the stock could be a potential buy for the long term.Since the beginning of 2020, Tesla Inc (NASDAQ: TSLA) stock has witnessed heavy trading volumes on Wall Street and attracted many investors who wanted to buy it. Earlier this year when the markets were roaring to its all-time high, Tesla stock appreciated over 100% up to mid-February.At the time of...

Not long ago, Live Bitcoin News reported that the price of bitcoin – the world’s number one cryptocurrency by market cap – was about to surge all over again. Today, it looks like that prediction is coming true.Bitcoin Is Spiking Again!After spending what feels like an eternity in the doldrums (though it was only about two weeks), bitcoin has risen from the ashes and added roughly $1,000 to its price, surging from approximately $5,100 to $6,100 at the time of writing. The currency is once...