Grammy-winning recording artist RAC explores the business of music and how crypto experiments could shift the balance of power. Today’s Breakdown is a conversation with Andre Anjos – aka RAC, a Grammy Award-winning recording artist and music entrepreneur. Starting the “Remix Artist Collective” as a business Evolving from remixing to performing artist The challenges and trade-offs of working with major labels How the music industry beat […]
Markets
41 posts
Between bitcoin treasury holdings growing and crypto-focused SPACs, private crypto markets and public equities markets are closer than ever. Today on the Brief: Initial jobless claims rise to highest level since August BTC as a DeFi reserve asset Twitter reactions as Filecoin goes live Our main discussion focuses on the convergence of the crypto and public markets. NLW looks at: Narratives of bitcoin’s correlations to stocks Growing […]
https://cdn1.img.sputniknews.com/img/07e4/0a/05/1080675351_0:320:3072:2048_1200x675_80_0_0_e3fbb76548e7d7b75c2dc9d4c24f49a6.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/business/202010051080675387-growing-us-oil-sales-to-china-make-mideast-suppliers-find-new-markets-reports-suggest/ WASHINGTON (Sputnik) – The increasing US oil exports to China have forced Middle Eastern suppliers to search for other markets, The Wall Street Journal reported on Monday. The US crude sales to China have grown from 0.4% in January to 7% through mid-September, the report said citing London-based market intelligence firm Vortexa Ltd. The newspaper also said market share […]
With the first Trump–Biden debate now smoldering behind us, the betting markets have picked their winner. That also means they’ve decided on a loser: President Donald Trump. Tuesday marked the first time the incumbent squared off face-to-face against his rival, Democratic nominee and former Vice President Joe Biden. The two septuagenarians bickered, insulted, belittled and at times screamed at one another at almost regular intervals, all […]
India’s benchmark stock index, the Sensex shed almost 16,000 points within weeks after a COVID-19-induced nationwide lockdown was imposed in March. Even though it recovered almost 50 percent, doubts about US recovery and fresh lockdowns in Europe triggered a massive sell-off last week. Indian bourses were up in opening trading on Thursday on the back of strong global cues as well as further relaxations to COVID-related […]
https://cdn1.img.sputniknews.com/img/107756/51/1077565193_0:67:2854:1673_1200x675_80_0_0_d4cb63c2bd4f48ead7ee16196920ded8.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Ashutosh Kumar. Sputnik International https://sputniknews.com/india/202009241080556131-indian-markets-crash-sensex-plunges-555-points-on-global-cues/ Even though the Indian equity markets have recovered almost 50 percent from their lockdown lows, concerns remain on the meteoric rise at a time when economic growth has turned negative. Indian Stocks crashed in opening trading on Thursday on the back of weak global cues. The Bombay Stock Exchange’s benchmark 30-share index, Sensex, fell 554.90 points to […]
Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar. Source link
Prices for both Bitcoin and Ether fell sharply in the past 24 hours, after a drop in global equities. Source link
US stocks fell sharply on Monday, extending last week’s declines, as concerns about coronavirus cases in the United States and other countries sparked fears of a second wave of the pandemic and more business re-closures. The Dow Jones Industrial Average sank around 600 points, or over two percent at the opening bell. S&P 500 dropped 1.8 percent, while the tech-heavy Nasdaq 100 fell 1.3 percent. It’s […]
Sputnik spoke with Mr Rodrigo Sanchez, vice-president of product at dLocal, a fintech unicorn valued at over $1.2bn that focuses on connecting financially disadvantaged people in emerging markets with major eCommerce companies. Mr Sanchez began his career at Telefonica, managing numerous telecommunication projects, and later on checkout optimisation and at PayPal and user acquisition at eBay. He holds an Master in Business Administration (MBA) from the […]
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets. Source link
Investors dumped technology shares and drove all US stock market indices sharply down after a previous day’s high note. Oil and gold also dropped, as analysts struggled to explain the cause behind the sell-off. The Dow Jones Industrial Average dropped by over 1,000 points before bouncing back on Thursday, closing down 808 points at 28,292.73, for a 2.8 percent loss. The S&P 500 dropped 3.5 percent […]
Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve’s announcement of a more relaxed approach to tackling inflation. Source link
Getting in and out of a large bitcoin trade on cryptocurrency exchanges like Binance or BitMEX isn’t costing as much as it used to. That might be a healthy sign that digital-asset markets are maturing. At Binance, the world’s biggest cryptocurrency exchange by trading volume, the daily average spread between buy and sell orders on bitcoin futures for $10 million quote size declined to a record […]
More players from the traditional finance world are participating in the cryptocurrency industry. Two new buzzwords, DeFi and yield farming are driving a new surge of investment. Jeremy Cheah, an Associate Professor of Crypto-Finance at the Nottingham Business School spoke to Sputnik about some of the new developments in this industry. Jeremy Cheah, Associate Professor of Crypto-Finance and Digital Finance at the Nottingham Business School, has […]
Price Point Bitcoin was slightly lower early Friday, leaving the cryptocurrency on track for its first weekly price decline since mid-July. The largest cryptocurrency broke above $12,000 earlier in the week and failed to hold the gains, though John Willock, CEO of crypto asset manager Tritum, told CoinDesk Thursday that “maybe we’ve got $13,500 in the next phase up in the coming days.” You’re reading First Mover, CoinDesk’s daily markets […]
Traders look towards altcoins and equities as volatility dips in a quiet July bitcoin market. Bitcoin (BTC) trading around $9,185 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours. Bitcoin’s 24-hour range: $9,153-$9,279 BTC below 10-day and 50-day moving average, a bearish signal for market technicians. Bitcoin trading on Coinbase since July 14.Source: TradingView Traders seem to pine for the bitcoin volatility […]
Markets globally are mostly flat Tuesday, and bitcoin is trading sideways along with them. The price of bitcoin is stuck in the $9,200 price range as low volumes continue to plague the markets, said Katie Stockton, an analyst for Fairlead Strategies. “Bitcoin has been tethered to its 50-day moving average recently after having suffered a loss of short-term momentum in June.” Bitcoin’s 50-day moving average is […]
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards. Source link
This week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this sticks” experiment. Much to even the founder’s surprise, it has not only survived, it has accumulated a loyal following. Clearly. A group of teenagers on the extremely popular but recently beleaguered […]
The Trump administration has taken a victory lap after the US Department of Labor released new data this month showing the unemployment rate has fallen to 11.1% in June from 13.3% in May. Pete Dolack, an activist and writer with Trade Justice New York Metro, told Sputnik Thursday that high unemployment numbers will continue for years to come. “It’s 15 consecutive weeks that more than 1 […]
The story of the economy as told by five macroeconomic indicators including Chinese stocks, New York City real estate, coronavirus cases and more. In this extended Brief, NLW tells the story of the economy through five themes: 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 […]
Now, I have no idea how old you are, nor do I want to make any assumptions. I will assume, though, that since you are reading this, you have an interest in markets and/or crypto assets. And since this is a newsletter aimed at professional investors, I will assume that you care about a bit more than prices going up/down/sideways. That should put us on more […]
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 was changing hands at around $9,060 as of 20:00 UTC (4 p.m. ET). Ether, the […]
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 p.m. ET). Ether, the second-largest cryptocurrency by market capitalization, gained 3%, trading around $232 as of […]
In the cryptocurrency markets, no two exchanges are alike. Even in major crypto exchanges, trading U.S. dollars for bitcoin can have fairly different order sizes and spreads, according to data compiled by aggregator CryptoCompare. Average order sizes over the past week were quite varied, CryptoCompare found. Orders on Bitstamp averaged $3,424.11, the highest of major dollar to bitcoin (USD/BTC) pair exchanges. ItBit was second to Bitstamp […]
Bitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slipping 3.5% over the previous 24 hours. At 00:00 UTC on Wednesday (8:00 p.m. Tuesday ET), bitcoin was changing hands around $9,624 on spot exchanges such as Coinbase. Price remained steady until 07:00 UTC (3 […]
Cryptocurrency exchange FTX has launched eight unique index futures and volatility markets in less than 12 months. But enticing sophisticated traders to use these novel products has proved challenging. At the time of publication, Antigua and Barbuda-based FTX supports 115 different cryptocurrency futures markets. BitMEX, currently the largest cryptocurrency derivatives exchange by open interest, supports 23. FTX’s unique futures markets, including decentralized finance and “shitcoin” perpetual […]
Bitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m. Sunday EDT), bitcoin was changing hands around $9,327 on spot exchanges such as Coinbase. It then dipped 5% to as […]
As Ethereum pushes slowly toward a new type of blockchain technology that some cryptocurrency experts predict could represent the future of decentralized finance, the upstart competitor Cardano is getting ready to go live. And Cardano’s digital token, ADA, is soaring this year in digital-asset markets on speculation that the project’s early embrace of a “proof-of-stake” blockchain might put it in a stronger position to challenge the much-larger Ethereum […]
One underappreciated feature of crypto markets is the lack of centralization. I mean, people know crypto assets are decentralized and trade on exchanges all over the world. But what’s often overlooked is the relative ease with which people can change the venues they buy and sell their holdings on. If, for instance, Jeff Sprecher (chairman of the New York Stock Exchange) says something that upsets you, […]
Guardian: For Americans, coronavirus went from being a mysterious affliction that occurred in far-off lands to 1m confirmed cases on US soil within 14 weeks. Now, just six weeks later, the US has broken through the grim milestone of 2m positive tests for Covid-19, according to the Johns Hopkins University tracker. This is the way Trump work… no facts, just misleading mud. How to #Obamagate (take […]
The largest 50-day “Robinhood” rally in stock market history and even stocks of bankrupt companies are up more than 100%. What is going on? Saudi Arabia injects $13 billion in bank liquidity via blockchain. China’s state TV CCTV says Binance is still allowing crypto trading in China. MakerDAO community greenlights real world collateral. Our main topic: The “Robinhood Revolution.” The next time someone tells you crypto […]