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Showing Tag: " cryptos" (Show all posts)

Coinbase Suspends Option To Buy Cryptos Like Bitcoin, Ethereum, Dogecoin In India A Day Into Launch

Posted by Navdeep Yadav on Tuesday, April 12, 2022, In : 848FINACE 


  

Days after its launch in the world's second-largest internet market, Coinbase Global, Inc. (NASDAQ: COIN) suspended the option to buy cryptocurrencies such as Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and Ethereum (CRYPTO: ETH)
 using UPI in India.

What Happened: This came after America's largest cryptocurrency exchange, while making its debut in India last week, said it was working on getting UPI (Unified Payment Interface) on its platform for all users. The development followed a stat...

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3 Metaverse Cryptos Surviving the Bear Market Shakeout

Posted by Thomas Yeung on Sunday, March 27, 2022, In : 848FINACE 

This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here.

cryptocurrency on a black background
© Provided by InvestorPlacecryptocurrency on a black background

When Bad Ideas Pay Off

Imagine it’s a Saturday night and we find ourselves at an intense dance party, complete with strobe lights and subwoofers (Pretend our kids or friends somehow convinced us to go).

As we’re counting down the hours to midnight, someo...


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Elon Musk Is Holding Tight to These 3 Cryptos

Posted by Gerelyn Terzo on Monday, March 21, 2022, In : Technical Analysis 


It's hard to ignore the sky-high inflation that has rocked the U.S. economy. Last month, consumer prices skyrocketed 7.9% to their highest level since the early eighties. If you haven't experienced sticker shock when going to fill up your tank at the local gas station, chances are it's just a matter of time before energy inflation hits your city, too.

During these uncertain times, billionaire entrepreneur Elon Musk feels the inflationary heat at his two companies - Tesla and SpaceX. The Tesla ...


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Ethereum Reaches Blue Skies While Bitcoin Attempts A Break Out: What's Next For The Cryptos?

Posted by Melanie Schaffer on Thursday, November 4, 2021, In : Technical Analysis 
© Provided by BenzingaEthereum (CRYPTO: ETH) made a new all-time high of $4,461.96 on Friday at 12:06 p.m. ET after continuing to trade higher in a fairly consistent uptrend Benzinga called out on Oct. 24.

Ethereum was leading the crypto moon race while Bitcoin (CRYPTO: BTC) attempted to break up bullishly from a descending channel, but was still trading about 7% below its Oct. 20 all-time high of $66,999.

If Ethereum is able to get bullish follow through on the break it could be a big weekend...


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7 Cryptos to Sell Before They Implode in 2022

Posted by Chris Markoch on Wednesday, October 13, 2021, In : 848FINACE 
Slide 1 of 8: When AMC Entertainment (NYSE:AMC) announces that it’s planning to accept Dogecoin as a payment method, it might seem odd to write about cryptos to sell. If you bear with me, I’ll try to do my best to make my case. It’s not as bearish as you think. The crypto market got a shot in the arm (as if it needed one) from Bank of America (NYSE:BAC) last week. In the bank’s “Digital Asset Primer,” it predicted that cryptocurrency was only in the first inning and that the industry had “become too large to ignore.” Part of the reasoning for that bullish outlook comes from the interest of institutional investors. In the first half of 2021, the “smart money” piled over $17 billion into the crypto market. That number dwarfed the $5.5 billion it purchased in all of 2020. I’m not (currently) a crypto investor. But if I was, I would welcome an open-minded look at the market. Every asset class has winners and losers. And that list can change based on any number of events. So why should it be different for cryptos? My answer is it shouldn’t be. The 7 Best Consumer Discretionary Stocks To Buy for Q4 2021 If investors accept the idea that there are cryptos to buy, then there are also cryptos to sell. And so without further ado, let’s take a look at seven cryptos that may be in for a rough year in 2022. Monero (CCC:XMR-USD) Tron (CCC:TRX-USD) Dogecoin (CCC:DOGE-USD) Shiba Inu (CCC:SHIB-USD) Stellar Lumens (CCC:XLM-USD) SafeMoon (CCC:SAFEMOON-USD) Bitcoin Gold (CCC:BTG-USD) When AMC Entertainment (NYSE:AMC) announces that it’s planning to accept Dogecoin as a payment method, it might seem odd to write about cryptos to sell. If you bear with me, I’ll try to do my best to make my case. It’s not as bearish as you think. The crypto market got a shot in the arm (as if it needed one) from Bank of America (NYSE:BAC) last week. In the bank’s “Digital Asset Primer,” it predicted that cryptocurrency was only in the first inning and that the industry had “bec...

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Cramer 'Begs' Investors Of Cryptos Like Bitcoin, Ethereum, Dogecoin To Book Profits Before Evergrande Crisis Takes Bigger Toll

Posted by Rachit Vats on Tuesday, September 21, 2021, In : Technical Analysis 

CNBC "Mad Money" host Jim Cramer said Monday investors like him should book profits in their cryptocurrency portfolios before things get worse due to the weakness related to struggling Chinese property developer Evergrande.

Jim Cramer holding a microphone
© Provided by Benzinga

What Happened: Cramer said, as much as cryptocurrency backers don't like to hear the word "sell," he was "begging" investors who have made gains in cryptocurrencies to sell some of their holdings and return to weigh in as the situation unfolds.

“Don...


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7 Speculative Cryptos to Avoid as Focus Shifts to High-Utility Coins

Posted by Thomas Niel on Saturday, June 12, 2021, In : Technical Analysis 

Slide 5 of 8: MonaCoin never quite caught on among U.S.-based investors. But, as InvestorPlace's Brenden Rearick broke it down back in April, this Japanese counterpart to Dogecoin was another memecoin name that could have broken out into the mainstream. Unfortunately, it didn't. As seen from its price history, MONA-USD experienced a huge run-up during the last crypto craze, in 2017. But, in 2021? So far this year, it has traded sideways (it trades for around $1.96 today) and thats with the sharp increase of inflows into digital assets. It saw relatively lower levels of losses during the meltdown. Even so, don't take this to mean this is a speculative crypto set to take off anytime soon. Sure, it's been approved by regulators for transactional use in its home market; it has some degree of utility. Still, this usability is more in the novelty sense, as seen with Dogecoin in the U.S. But, it's far from being in the running to supplant Ethereum when it comes to more sophisticated transactions. 8 Tech Stocks That Are Helping to Build the Next Big Thing An enterprising crypto aficionado, with enough capital and clout, could theoretically help turn this into a more substantial force in the blockchain economy. Yet, for now, expect this to remain a more arcane crypto, well-known in Japan, but largely unknown everywhere else.
After last month's meltdown, what lies ahead for the cryptocurrency market? Coins with high utility such as Cardano (CCC:ADA-USD) and Polygon (CCC:MATIC-USD) have shown more resiliency at the expense of established coins, like Bitcoin (CCC:BTC-USD), and Ethereum (CCC:ETH-USD). And, for more speculative coins? They've attempted to recover as well. But, as the dust continues to settle, their prospects may be weakening. A large factor in the run-up in these names experienced up until the correct...
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7 Speculative Cryptos to Avoid as Focus Shifts to High-Utility Coins

Posted by JOSEPH ZOMAS on Saturday, June 12, 2021, In : Technical Analysis 

                                       Bitcoin, BTC, blockchain

                            What is Bitcoin (BTC)?

No one expected, in 2009, when the first Bitcoin transaction was completed, that by a few cents its value a dozen years later would exceed $60,000. Yet the leader of cryptocurrencies is gradually consolidating as it becomes an increasingly powerful institutional framework. With it of course "drifts" and the rest of the cryptoassets and combined have achieved a space capitalization of more than $2 trillion...


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Shiba Inu, Dogecoin, Other Meme-Themed Cryptos Widen Losses As NFT Plays And 'Ethereum Killers' Soar

Posted by Shivdeep Dhaliwal on Tuesday, June 1, 2021, In : 848FINACE 

Dog-themed cryptocurrencies continued to widen losses, while so-called Ethereum (ETH) killers and non-fungible token or NFT oriented coins were buoyant in the early hours of Thursday at press time.

© Provided by Benzinga

What Happened: SHIBA INU (SHIBA) was down 12.88% at $0.0000089 at press time in a span of 24 hours. In the same period, the meme cryptocurrency fell 9.4% and 9.16% against Bitcoin (BTC) and ETH, respectively.

Dogecoin (DOGE) too traded in the red, down 5.67% in a 24-hour period...


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