The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envi...
Tag: news
LINK Hovers Near Long-Term Support as ZIL Loses 10% of Its Value – Market Updates Bitcoin News
ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level...
BTC Hits 1-Month Low, Following Easter Selloff – Market Updates Bitcoin News
Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the crypt...
Big Bull Run Expected For XRP, LTC & Other Lower Cap Altcoins! This Is Where Price Is Heading – Coinpedia – Fintech & Cryptocurreny News Media
Bearish start of the week! The Crypto market is hovered by roars of the bears as the overall Cryptocurrency market is in a bloodbath. Following Bitcoin’s dip below $40,000, the crypto market had to un...
OPEC Is Treading Lightly As Bearish News Mounts
This week saw some good news finally for oil consumers. Both OPEC and the International Energy Agency revised down their demand projections, suggesting that prices finally had some meaningful downward...
Bitcoin․com Exchange Market Insights Report for April 2022 – Promoted Bitcoin News
This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure ana...
Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments – Regulation Bitcoin News
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The dr...
Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments – News Bitcoin News
The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech in...
Ethereum Drops Below $3k, Will ETH Price Hit $2500 Next 48 Hours or a Rebound in Expected? – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin and other major altcoins were showing some weakness on Monday, following a thinner trading period for the last three days. Bitcoin was struggling below $40,000, whereas Ethereum plunged below ...
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals – Regulation Bitcoin News
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Tay...
Litecoin Whale Making Large Moves, LTC Price Primed For Short-Term Rally This Week – Coinpedia – Fintech & Cryptocurreny News Media
Litecoin price analysis is bearish, as the coin has fallen below $114.1 in price. The price increased dramatically over the last week. LTC price even broke above the important barrier of 110.5 after r...
Cardano Holders Profits Remain Low, Can ADA Price Surge Above $1 Anytime Soon? – Coinpedia – Fintech & Cryptocurreny News Media
Cardano appears to be trading above the $0.92 mark, a critical support level that has attracted a lot of buyers. ADA has a potential to recover to $1 if it maintains its current level. The “Ethereum-k...
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale – Regulation Bitcoin News
Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fu...
Terra (LUNA) to Face Steep Correction! Here’s How low LUNA/USDT Price Can Go – Coinpedia – Fintech & Cryptocurreny News Media
Terra (LUNA), the native token on the namesake blockchain, fell to a more than one-month low this week after a price shock generated by the release of 10 million tokens into circulating supply. This w...
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the larges...
Peloton Is Raising Its Subscription Price. What It Means for the Stock.
Text size Peloton XXX Ezra Shaw/Getty Images For years, Peloton Interactive executives characterized the company’s $39 a month subscription price point as “sacred,” “sacrosanct,” and “our golden goose...
Tesla, AT&T, Netflix, Bank of America, IBM, and Other Stocks to Watch This Week
Text size First-quarter earnings season picks up next week, with 67 S&P 500 companies scheduled to report. Bank of America will be Monday’s highlight, followed by Netflix , Johnson & Johnson ...
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits – Mining Bitcoin News
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 ...
Traders Can Clench the Power of Compounding Returns. Here’s How
One of the primary arguments for long-term buy-and-hold investing is that it allows you to compound your returns. Compounding has been called the most powerful force in the world. Supposedly Albert Ei...
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament – Taxes Bitcoin News
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the...
Bearish Bets: 3 Stocks You Really Should Consider Shorting This Week
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...
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days – Bitcoin News
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $...
‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predict...
Tony Hawk’s Latest NFTs to Come With Signed Physical Skateboards – Bitcoin News
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the ...
XRP Price Reaching $1 Seems Unlikely, Until It Holds This Level – Coinpedia – Fintech & Cryptocurreny News Media
Despite the XRP lawsuit, the currency enjoyed a price increase as it approached $0.8. As the price broke the previous lower high, the short-term downtrend from late March appeared to be broken. The $0...
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework – Regulation Bitcoin News
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real e...
AVAX Price To Initiate A Bull Run, Here’s When Traders Should Enter To Reap Massive Gains – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin and other altcoins are still being sold at higher levels, showing that the bears are refusing to give up their edge. AVAX Price Analysis The recovery from the uptrend line by Avalanche (AVAX) ...
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year – News Bitcoin News
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos ...
Shiba Inu Massive Rally Imminent Anytime Soon, How High Will SHIB Price Surge ? – Coinpedia – Fintech & Cryptocurreny News Media
The SHIB price is consolidating in a short-term trading range with a bearish tendency. The current price action is trading at a key support level, waiting for a new trend to emerge. Investors may bene...