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Bitcoin, Ethereum, Dogecoin On The Rise — Sorry To Play Debbie Downer But Here's Why These Analysts Refuse To Sound The All-Clear Alarm

Posted by Shivdeep Dhaliwal on Wednesday, March 2, 2022 In : Technical Analysis 

Major coins traded higher over 24 hours as the global cryptocurrency market cap rose 1.9% to $1.8 trillion.

Bitcoin, Ethereum, Dogecoin On The Rise — Sorry To Play Debbie Downer But Here's Why These Analysts Refuse To Sound The All-Clear Alarm
© Provided by BenzingaBitcoin, Ethereum, Dogecoin On The Rise — Sorry To Play Debbie Downer But Here's Why These Analysts Refuse To Sound The All-Clear Alarm
Price Performance Of Major Coins
Coin24-hour7-dayPrice
Bitcoin (CRYPTO: BTC)2%4.6%$38,446.74
Ethereum (CRYPTO: ETH)4%10%$2,687.65
Dogecoin (CRYPTO: DOGE)1.7%2.8%$0.14

Metaverse play Decentraland (MANA) was the top 24-hour gainer, accor...


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Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide

Posted by Diksha Madhok on Wednesday, March 2, 2022 In : Technical Analysis 


Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world's second mo...


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Do You Think Dogecoin Can Reach $1 Before Ethereum Gets To $10,000, And Cardano Hits $5?

Posted by Henry Khederian on Wednesday, March 2, 2022

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

Do You Think Dogecoin Can Reach $1 Before Ethereum Gets To $10,000, And Cardano Hits $5?
© Provided by BenzingaDo You Think Dogecoin Can Reach $1 Before Ethereum Gets To $10,000, And Cardano Hits $5?

This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum (CRYPTO: ETH) at $10,000, Cardano (CRYPTO: ADA) or Do...


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Intuit CEO Warns of Tax Bill Shock for Bitcoin, NFT Traders

Posted by Joe Williams on Wednesday, March 2, 2022 In : 848FINACE 



Intuit Inc. Chief Executive Officer Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible tokens, and actively traded equities on commission-free websites could be dumbfounded at this year’s tax bill.

“We’re gonna see a lot of that throughout tax season, where folks just didn’t understand what they did. And there’s a lot of millennials that really did a lot of trading without knowing what the implications are,” Goodarzi said in an inter...


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Prediction: This Cryptocurrency Will Be the Next Ethereum

Posted by Trevor Jennewine on Wednesday, March 2, 2022 In : Technical Analysis 

The Ethereum (CRYPTO: ETH) blockchain is powered by the ETH coin, a cryptocurrency with a market value of $320 billion. Only Bitcoin is worth more. And Ethereum's success can be attributed to its programmability. Specifically, developers can use the platform to build and deploy decentralized applications (dApps), software that exists on a peer-to-peer network rather than centralized corporate services.

Decentralized finance (DeFi) products are a type of dApp. They allow investors to lend, trad...


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Bitcoin could be laid low by miners' malady

Posted by Medha Singh and Lisa Pauline Mattackal on Wednesday, March 2, 2022 In : Technical Analysis 


 Bitcoin miners are feeling the heat - and the pain's rippling downstream to pressure prices.

The cryptocurrency's spectacular rally in 2021 drew thousands of entrants into mining, or producing new coin. As a result the hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second.

FILE PHOTO: A view shows the data centre of BitRiver company providing services for cryptocurrency mining in Bratsk
© Reuters/MAXIM SHEMETOVFILE PHOTO: A view shows the data centre of BitRiver company providing services f...

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My Top 2 Cryptocurrencies to Buy and Hold Forever

Posted by Trevor Jennewine on Wednesday, March 2, 2022 In : Technical Analysis 





Best Cryptocurrency to Invest in 2022, Daily Update - CrowdWisdom360

Since Bitcoin's launch in 2009, the crypto market has created tremendous wealth. In fact, the value of all crypto assets currently sits at more than $1.7 trillion, representing roughly 500% growth in the past two years. Understandably, some people have trouble wrapping their head around that figure. But cryptocurrency is still relatively small compared to other asset classes.

For instance, the global real estate market surpassed $325 trillion in 2020, and the collective equity market cap sits ...


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Close the USPS, Cut 600,000 People and 31,000 Offices

Posted by Douglas A. McIntyre on Wednesday, March 2, 2022 In : Technical Analysis 


Shuttering of the USPS would allow the federal government to move mail delivery to FedEx and UPS, each of which is highly profitable and would not rely on government funding. Together, they are certainly large enough to handle the business. FedEx has 600,000 workers and revenue of about $100 billion annually. UPS has 540,000 workers and $90 billion a year in revenue.

The U.S. Postal Service, a thing of the past for several years, is slow, inefficient, poorly run and can be replaced by private ...

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6 Big Moves to Grow Wealth in 2022

Posted by FinanceBuzz Editors on Wednesday, March 2, 2022 In : 848FINACE 


6 big moves to grow wealth in 2022 - News7h

It’s a great time to take a closer look at your finances and put together a plan for the new year. And we think 2022 could be ripe with plenty of money-making opportunities, too.

If you’d like to start making big money moves now, we’ve compiled a list of six ways you could boost your finances and grow your wealth in 2022.

1. Invest in art that has outperformed the S&P by over 180%

History has shown art to be one of the top investments of all time. In fact, in the last two decades art has o...


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Floyd Mayweather: How I Became The Greatest Of All Time

Posted by Brian J. Roberts on Friday, February 18, 2022 In : 848FINACE 
                   





In this Floyd Mayweather interview, I spoke with TBE following the Logan Paul vs Floyd Mayweather press conference (and Jake Paul "gotcha hat" incident) in Miami. This interview was recorded before the Logan Paul vs Floyd Mayweather fight at Hard Rock Stadium, which also featured Badou Jack vs. Dervin Colina, Chad "Ochocinco" Johnson vs Brian Maxwell, and others. Support the show! Click here to subscribe instantly: http://bit.ly/subscribe-bjr Video shot by @justjess...

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$1B Worth Of Ethereum Burned In 30 Days; 95% Net Reduction Makes It 'Hardest Money In The World'

Posted by Samyuktha Sriram on Friday, February 18, 2022 In : 848FINACE 

In the last 30 days, $1 billion worth of Ethereum (CRYPTO: ETH) has been “burned” or removed from circulation forever.

$1B Worth Of Ethereum Burned In 30 Days; 95% Net Reduction Makes It 'Hardest Money In The World'
© Provided by Benzinga$1B Worth Of Ethereum Burned In 30 Days; 95% Net Reduction Makes It 'Hardest Money In The World'

What Happened: According to data from WatchTheBurn, over the last month 387,575 ETH have been burned.


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More countries are regulating cryptocurrencies, fearing systemic risk from the volatile digital currencies

Posted by Rina Chandran and Thomson Reuters Foundation on Friday, February 18, 2022 In : Technical Analysis 


By Rina Chandran

Jan 26 (Thomson Reuters Foundation) - The International Monetary Fund (IMF) has urged El Salvador to drop bitcoin as a legal tender, citing risks to the nation's financial stability and consumer protection, joining a growing chorus of countries clamping down on private digital currencies.

The Central American nation became the first in the world to adopt bitcoin as legal tender in September alongside the U.S. dollar, with authorities saying it will help save residents remittanc...


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Crypto Trading Volume Slows, Boding Ill for Exchanges

Posted by Vildana Hajric and Akayla Gardner on Wednesday, February 9, 2022 In : Technical Analysis 




 During the brutal cryptocurrency selloff last month, volumes also tumbled -- a development that doesn’t bode well for exchanges that trade the digital tokens.

Total spot volume slumped to $1.8 trillion in January, a decline of more than 30% from the previous month, according to a report from CryptoCompare. That was the lowest turnover since the end of 2020. Even at its intra-month peak of $91 billion on Jan. 24, trading was down nearly 50% from December.

“It’s just an exceptiona...


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Bitcoin, Ethereum, Dogecoin On The Rise — Sorry To Play Debbie Downer But Here's Why These Analysts Refuse To Sound The All-Clear Alarm

Posted by Shivdeep Dhaliwal on Wednesday, February 9, 2022 In : Technical Analysis 

Major coins traded higher over 24 hours as the global cryptocurrency market cap rose 1.9% to $1.8 trillion.

Bitcoin, Ethereum, Dogecoin On The Rise — Sorry To Play Debbie Downer But Here's Why These Analysts Refuse To Sound The All-Clear Alarm
© Provided by BenzingaBitcoin, Ethereum, Dogecoin On The Rise — Sorry To Play Debbie Downer But Here's Why These Analysts Refuse To Sound The All-Clear Alarm
Price Performance Of Major Coins
Coin24-hour7-dayPrice
Bitcoin (CRYPTO: BTC)2%4.6%$38,446.74
Ethereum (CRYPTO: ETH)4%10%$2,687.65
Dogecoin (CRYPTO: DOGE)1.7%2.8%$0.14

Metaverse play Decentraland (MANA) was the top 24-hour gainer, accor...


Continue reading...
 
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