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Weekly Crypto Analysis: Bitcoin Testing $25K; Ethereum, Shiba Inu, Blackrock in Highlights

Crypto Market Overview Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at $24,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to $1,895.48, up 11.47% in...

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Tesla (TSLA) Stock Down ‘Record’ 18.58% Yesterday as Price Target Cut to $380 by RBC

Tesla (TSLA) stock plummeted 18.58% in trading on Monday from its previous close of $546.62 to $445.07. The stock has fallen amid the broader sell-off in U.S. markets.Shares of electric-car company Tesla Inc (NASDAQ: TSLA) were slashed on Monday after Wall Street suffered massive losses amid concerns over the economic impact from the coronavirus outbreak which has an impact on the analysts’ price target for TSLA. The stock fell as much as 18.58%. However, in premarket it was a bit up – by...

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Bitcoin Price Can Hit $100,000, Says Coinbase Ex-CTO

Bitcoin expert has compared coronavirus trends with the possible Bitcoin price movement and claimed that the stochastic modeling and other tools work perfectly in this case.Balaji Srinivasan, who used to work at Coinbase and now writes for Nakamoto.com, claims that Bitcoin price can hit $100,000 after striking twice the important psychological level of $10,000.The Nakamoto.com analyst claims that Bitcoin’s rally is pretty predictable if you look at the stats under a certain angle. Whether...

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Amazon (AMZN) Stock Jumps 13% as Record Holiday Sales Send Capitalization toward $1 Trillion

Amazon has released impressive earnings figures for its fourth quarter. The figures show that the company beat its expectations for what its efforts for the quarter would yield. Amazon announced that its holiday sales profit crossed $3 billion. In response, Amazon stock jumped 13%, pushing its valuation into the neighborhood of $1 trillion.Amazon Holiday Sales Quarter HighlightsAmazon reported a total profit of $3.3 billion for the holiday quarter recently concluded with a total revenue of...

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