Bitcoin (BTC) may have traded sideways for much of last month thanks to Grayscale, but the status quo will soon change. According to data from on-chain analytics resource CryptoQuant, the price premium of the Grayscale Bitcoin Trust (GBTC) just hit its lowest since April 2019. Grayscale lock-up ends WednesdayRead More →
Bite the bullet. angela weiss/Agence France-Presse/Getty Images. This week could be good for U.S. investors as post-Labor Day trading points to a tough ride for tech stocks, with some fearing last week’s mini-meltdown is the start of something bigger. It doesn’t help that from late last week came theRead More →
With the defi and the yield farming frenzy spreading like wildfire, it feels like the start of a bull run. A number of parallels can be drawn between the upcoming rally and the 2017 bull run. But are we ready for the next bull run? As addressed in theRead More →
The continued rise in the price of bitcoin is lucrative for traders on cash and derivatives exchanges, however, there are several factors that could affect the trajectory of the currency. This article will delve into the danger signs to watch out for. Looking at the Bitcoin has a 24-hourRead More →
On August 16, chain analyst David Puell listed several key data points based on the past four-year cycle of Bitcoin (BTC). The data shows that the $14,000 level is a key price point for Bitcoin due to the presence of a whale population. According to Puell, the whale populationRead More →
Ether (ETH) price has shown an incredibly strong performance this week, rising more than 22% since the start of the week and currently less than one dollar away from setting a new high for 2020. Crypto market weekly price chart. Source: Coin360 As reported by Cointelegraph, the upcoming EthereumRead More →
Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market. Will a BTC bull marketRead More →
© Reuters. A woman takes photos by the Morgan Stanley building in Times Square in New York SINGAPORE (Reuters) – Stock market gains have further to run and investors are still under-pricing the scale of the world’s coronavirus recovery, investment bank Morgan Stanley (N:) said in an outlook note. “WhileRead More →
The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should alsoRead More →
Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start. That is the opinion of popular social media trader and analyst Positive Crypto, who on May 29 declared that the largest cryptocurrency’s 896-day climbdown would soon beRead More →
The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term. Three key reasons increase the probability of a minor rally: liquidation of 25x to 50x shortsRead More →
According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve months.Read More →
Getty Images The rapid growth of the leveraged loan market has divided opinion. The rapid growth in the leveraged loan market has attracted scrutiny from regulators on both sides of the Atlantic, sparking concern about the risks to the broader financial system in the event of an economic downturn followingRead More →
Taco Bell wants to give some of its workers the whole enchilada. The home of Doritos Locos Tacos says it’s going to test paying managers $100,000 a year at some company-owned locations in the Northeast and Midwest starting later this year. Taco YUM, +0.65% announced the plan Thursday and alsoRead More →
NEW YORK (Reuters) – Shoemaker Skechers USA Inc (N:) is expected to post earnings growth on pace with Nike Inc (N:) over the next three years, giving its relatively low valuation a chance of catching up, financial newspaper Barron’s reported in its Dec. 7 edition. Analysts estimate Skechers’ earnings-per-share willRead More →
Remember way, way back in history—Tuesday morning, to be precise—when the leader of the free world said that, given his choice, a U.S.-China trade deal wouldn’t be completed until after the November elections? Well, never mind that. Bloomberg News reported the U.S. and China are moving closer to agreeing whatRead More →
We’re at the start of earnings season, a trade deal is in flux and the economy continues to send mixed signals. But we just got a Brexit deal and Wall Street looks ready to celebrate too. Our combined chart and call of the day delves into the debate about whetherRead More →
It doesn’t get much bigger than the nonfarm payrolls report and a speech from a Fed chairman. And on Friday, the markets get both. Tim Duy, a University of Oregon professor, says, after this week’s economic data, the market is starting to price in the possibility not just that theRead More →
Roy Moore, the polarizing Republican judge who lost a U.S. Senate race in a bitter 2017 special election, said Thursday he’s planning to run again in 2020. Senate Republicans greeted the news with a collective eye roll, with Arizona’s Sen. Martha McSally dropping the zinger of the day to Politico:Read More →
Bloomberg News/Landov Federal Reserve Gov. Lael Brainard Federal Reserve Gov. Lael Brainard made the case on Thursday that the “new normal” of low interest rates requires the central bank to let inflation run hotter than usual as well as to employ tools like increased capital requirements to check financial marketRead More →
© Reuters. FILE PHOTO: Canadian pork shoulders prepped on butcher’s counter at North Hill Meats in Toronto By Rod Nickel and Hallie Gu WINNIPEG, Manitoba/BEIJING (Reuters) – An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid aRead More →
Oil prices pulled back Friday as traders paused what has shaped up as the longest bull run in about a year for the international benchmark and an even bigger feat for the U.S. market, after prices scored six-month highs earlier this week. “Clearly, prices had been technically ‘overbought’ and aRead More →
Pinterest Inc. should have been the story on Thursday. It had the name that consumers knew, the eight-figure private valuation and a co-founder who has been a Silicon Valley superstar since the service first hit the internet. In the end, though, Pinterest’s PINS, +28.42% initial public offering was overshadowed byRead More →
Two weeks before the 2016 presidential election, as the editorial head of Fox News online, I reviewed a draft news story that said porn actress Stormy Daniels had confirmed having an affair with Donald Trump a decade earlier. The only problem was … Stormy hadn’t said that. Daniels and herRead More →
There’s plenty of cheer being passed around for a Friday, and we can thank China for a chunk of that. Thursday’s better-than-expected U.S. growth data from the world’s second biggest economy was reinforced by an upbeat manufacturing survey, cooling some concerns about a global economic collapse, at least for now.Read More →
