This was weird. Biden on Tuesday held a campaign event in Wilmington, Delaware. Advertisement – story continues below Biden rarely leaves his Delaware basement and when he does, he stays close to home. He’s feeble and scared. The 77-year-old creep unveiled his bold new plan to ‘get kids to market […]
Market
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Tesla Inc.’s stocks have been on a blistering rally amid the economic recession triggered by the coronavirus pandemic, with the Silicon Valley car maker’s shares quadrupling in price this year and volumes nearly tripling, according to the six-month average. Shares of American electric vehicle manufacturer Tesla Inc. are now valued […]
A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat. The absence of action in bitcoin is in contrast to the performance of global equities on Monday. Stocks across the world today: “In recent trading sessions, bitcoin traded in a narrow range of $9,100-$9,200,” said […]
The number of addresses holding a large number of bitcoins, popularly known as whales, has declined to 14-month lows. However, the drop isn’t necessarily a price-bearish development and may instead that the distribution of bitcoin ownership is shifting. As of Sunday, there were 103 addresses holding at least 10,000 BTC […]
A small bitcoin dip down to $9,100 recovered, but traders are unsure about further price appreciation. Bitcoin (BTC) trading around $9,240 as of 20:00 UTC (4 p.m. ET), gaining 0.25% over the previous 24 hours. Bitcoin’s 24-hour range: $9,118-$9,245 BTC below 10-day and 50-day moving average, a bearish signal for […]
Modern Monetary Theory (MMT) says that countries such as the UK and US don’t need to worry about taxes and can essentially print as much money as they require, an argument which has taken increasing significance amid the COVID-19 crisis because of the level of spending governments are engaged in […]
Bitcoin is back at $9,200 Thursday as crypto derivatives helped push its price down and equities closed lower. Bitcoin (BTC) trading around $9,211 as of 20:00 UTC (4 p.m. ET), slipping 2.3% over the previous 24 hours. Bitcoin’s 24-hour range: $9,154-$9,469 BTC below 10-day and 50-day moving average, a bearish […]
The crypto exchange is said to be planning a direct listing rather than an initial public offering, sources speaking to Reuters said. Source link
Weaker bitcoin trading volumes aren’t stopping its price from going up. “Bitcoin became oversold from a short-term perspective last week for the first time since mid-March,” said Katie Stockton, an analyst at Fairlead Strategies. “This seems to be giving way to an uptick in short-term momentum, which has been weak […]
Over the past month, while market action has been relatively quiet, crypto traders have punched the buy button when bitcoin’s price drops below $9,000. Bitcoin (BTC) trading around $9,208 as of 20:00 UTC (4 p.m. ET), slipping 0.80% over the previous 24 hours. Bitcoin’s 24-hour range: $9,201-$9,379 BTC above 10-day […]
Wintermute, an algorithmic liquidity provider, has received a $2.8 million investment from the prominent early-stage firm Lightspeed Venture Partners. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent […]
Long before master sommeliers were pop culture icons and the subject of TV series, Tonya Pitts was building wine programs with a sense of place and purpose. Throughout her 20-year career, she has been an advocate for featuring women and people of color on wine lists—even before that was a […]
A rising tide in equities is lifting all boats – including in the bitcoin market. Bitcoin (BTC) is trading around $9,295 as of 20:00 UTC (4 p.m. ET), gaining 2.7% over the previous 24 hours. Bitcoin’s 24-hour range: $8,938 – $9,345 BTC above 10-day and 50-day moving average, bullish signal […]
Bitcoin broke below $9,000 Thursday afternoon as the leading cryptocurrency has continued to trade in a tight range just above $9,000 for several weeks. Despite the brief 3% afternoon drop, however, the cryptocurrency markets continue to stay eerily calm as volatility drops and traders continue to expect a big move. […]
Bitcoin broke above $9,250 for the first time since Friday as the leading cryptocurrency continues to trade in a tight range just above $9,000 for several weeks. But cryptocurrency markets have stayed quiet as traders expect a big move. Bitcoin was trading hands around $9,250 as of 20:00 UTC (4 […]
Quiet is the best word to describe the bitcoin market. Tuesday’s trading stayed within the same price range maintained over the past several weeks, with bitcoin remaining inside a tight $200 range for much of the day. Bitcoin stays in a tight range above $9,000 Ether up less than 1% […]
Bitcoin has traded in an ever-tightening range for two months, and digital-market analysts say a new wave of coronavirus cases and emergency measures could provoke the largest cryptocurrency by market cap out of the doldrums. The backdrop is an anemic economy, with the International Monetary Fund projecting last week that global output […]
Bitcoin opened the week still stuck in a price range just above $9,000 Monday, moving less than 0.2% from Friday’s close as of 20:00 UTC (4 p.m. ET), according to Bitstamp. At 00:00 UTC on Monday (8:00 p.m. Sunday ET), bitcoin (BTC) was changing hands around $9,115 on spot exchanges […]
Bitcoin may seem to be more volatile than traditional assets but in crypto markets it is considered relatively stable compared to alternative cryptocurrencies. Bitcoin (BTC) is the biggest cryptocurrency by market value. Not only is it used as the base currency of choice for trading smaller digital assets, it is […]
China and the European Union recorded some €560 billion in trade in 2019, with the EU posting a trade deficit of €164 billion. The two sides have been working on a ‘Comprehensive Agreement on Investment’, aimed at creating ‘new investment opportunities for European companies’ in China, for over half a […]
After the largest options expiry in history, bitcoin ended its fifth week of bouncing around the $9,000s price range. Bitcoin (BTC) was trading around $9,180 as of 20:00 UTC (4 p.m. ET), slipping almost 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 p.m. Thursday ET), bitcoin […]
A popular narrative argues the massive stimulus programs from the Federal Reserve, launched to counter a coronavirus-induced recession, could hyperinflate the economy and fuel a major rally in bitcoin. However, that bullish theory, which suggests the cryptocurrency would be viewed as a hedge asset in dire economic times, has been […]
Higher-than-normal selling volume pushed bitcoin down in early trading Thursday before managing to recover. Bitcoin (BTC) was trading around $9,297 as of 20:00 UTC (4 p.m. ET), slipping just 0.18% over the previous 24 hours. At 00:00 UTC on Thursday (8:00 p.m. Wednesday ET), bitcoin was changing hands around $9,270 […]
Bitcoin’s often criticized for its volatile and unpredictable nature – now analysts are saying that, and more, about the pound sterling. In a shock-inducing note to clients on Tuesday, currency analysts at Bank of America (BoA) said sterling had devolved into an emerging market currency in all but name during […]