Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Tag: news
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million – Bitcoin News
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date...
How Crypto Startups and Innovators Can Survive Bear Markets – Coinpedia – Fintech & Cryptocurreny News Media
The crypto market has been on gradual downtrend since prices peaked in November 2021. At the time, Bitcoin’s price was hovering above $65K, which is 40% higher than today’s prevailing price of $38K. W...
General Motors Was a Bumpy Ride but Could Start to ‘Cruise’
General Motors (GM) reported a solid quarter on Wednesday, affirming guidance for cash flow and earnings of $6.50 to $7.50 per share. Analysts mostly viewed the quarter bullishly, with Bank of Americ...
Ethereum (ETH) Cardano (ADA) & Avalanche (AVAX) : Traders Should Keep Eye On These Altcoins This Cycle – Coinpedia – Fintech & Cryptocurreny News Media
The global cryptocurrency economy has shrunk by more than 2% in the last 24hrs as the cryptocurrencies bleed. Over the past few days, Bitcoin bulls were struggling to push the price above $40,000. But...
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro – Finance Bitcoin News
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” t...
Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding Platforms – Regulation Bitcoin News
The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were...
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant – News Bitcoin News
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interv...
Possibilities Of Bitcoin (BTC) Price Dropping To $30k In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
The price of bitcoin has dropped by 43% from its all-time high. However, in recent days, the cryptocurrency has been trading in a sideways market, hovering around $40,000. Bitcoin has declined more th...
Apecoin ($APE) & STEPN ($GMT) Outperform Bitcoin (BTC) & Ethereum (ETH) – Coinpedia – Fintech & Cryptocurreny News Media
In April, cryptocurrency markets experienced a significant consolidation, with some major tokens plummeting from their 2022 highs. The total market capitalization of cryptocurrencies has dropped by ap...
India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister – Regulation Bitcoin News
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the ...
This Is When Dogecoin Holders Can Yeild 50% Gains With DOGE Price Massive Breakout – Coinpedia – Fintech & Cryptocurreny News Media
The crypto market is bleeding red with all the major cryptocurrencies like Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin among others dragging the global cryptocurrency market. The global cryp...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions – Market Updates Bitcoin News
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw signifi...
JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’ – Featured Bitcoin News
Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorg...
Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours – Featured Bitcoin News
The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Prom...
Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs – Bitcoin News
Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team cal...
Bill Regulating Crypto Mining Submitted to Russian Parliament – Regulation Bitcoin News
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digi...
XRP Price Forecast : No Bull Rally Soon, On-Chain Metrics Hints Short Term Pull Back – Coinpedia – Fintech & Cryptocurreny News Media
Over the past few days, along with Bitcoin and other major cryptocurrencies, XRP too had declined. However, today, Ripple’s XRP is trading above its immediate resistance level of $0.60. Yet overall th...
The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined – Technology Bitcoin News
Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of...
Apecoin Accumulation Increases, APE Price Might Revisit ATH Before any Reversal – Coinpedia – Fintech & Cryptocurreny News Media
Metaverse is just not an IT buzzword, it is the concept which is trying to subsume into the Web3 technology validated blockchain technology. The metaverse future will have an intense impact on our liv...
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Brazilian Senate Approves Cryptocurrency Law Project – Regulation Bitcoin News
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of C...
FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low – Market Updates Bitcoin News
FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturda...
BTC, ETH Remain in the Red, to Start the Weekend – Market Updates Bitcoin News
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has se...
10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge
Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in its deposit contract. This represents 10% of the entire circulating Ethe...
Thrashed Stock Bulls Look to Future and See Nothing But Bad News
(Bloomberg) — It wasn’t that long ago that investors were being pilloried for rushing into stocks while a pandemic was gutting the economy. Now, with earnings estimates booming and little in for...
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official – Finance Bitcoin News
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said ...
Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, ...
DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens
Piyush Gupta, the Chief Executive Officer of DBS Bank Limited, a multinational bank headquartered in Singapore, announced on Friday that the global bank will not provide cryptocurrency trading for ret...
Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says – Regulation Bitcoin News
Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently sta...