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Showing Tag: "crypto " (Show all posts)

3 Stocks That Could Turn $5,000 into $50,000

Posted by Yiannis Zourmpanos on Sunday, March 10, 2024, In : Technical Analysis 
Buy and Hold These 3 Value Stocks ...


While exploring investment opportunities, identifying stocks with the potential for exponential growth takes a lot of energy. Amidst the ongoing flux of markets, certain stocks offer the possibility of transforming modest investments into substantial gains.

Here are three stocks to buy, each presenting a compelling case to amplify portfolio returns. These companies span semiconductor equipment, financial services and cybersecurity. They maintain remarkable revenue growth by employing strategic...


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🤖 Big Tech earnings wrap

Posted by Shermwood on Sunday, February 4, 2024, In : Technical Analysis 

High rises feelin’ low (VCG/Getty Images)

Yesterday’s Market Moves
Dow Jones
38,520 (+0.97%)
S&P 500
4,906 (+1.25%)
Nasdaq
15,362 (+1.30%)
Bitcoin
$42,918 (+0.87%)

Hey Snackers,

Pennsylvania’s Punxsutawney Phil gets all the attention, but groundhogs have been predicting the weather in dozens of states. So happy Groundhog Day — and best wishes for an early spring to the millions who recently faced subzero temps.

Stocks picked up steam again yesterday ahead of megacap tech earnings. After the...


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Breaking down 9 predictions that could shape 2024

Posted by Goyo Large on Saturday, January 6, 2024, In : Technical Analysis 

All images


Will 2024 ultimately prove to be a pivotal year for crypto? (BoliviaInteligente / Unsplash)

What’s up? It’s Coinbase Bytes

There’s never a dull year on the blockchain. So, to kick off 2024, we’re taking a look at some storylines that could make news over the next 12 months. 

  • Spot ETFs could finally arrive. How much impact will Wall Street have on crypto?
  • BTC’s halving is due in April. Previous halvings preceded bull runs — will history repeat itself in 2024? 
  • SOL’s comeback might not...

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Guggenheim’s Minerd Sees Bitcoin Sinking to $8,000 With Crypto Now ‘Suspect’

Posted by Alex Wittenberg - on Friday, May 27, 2022, In : 848FINACE 


Guggenheim Partners Chief Investment Officer Scott Minerd said he expects Bitcoin to fall to $8,000 and that cryptocurrency has become a market of “a bunch of yahoos.” 

“Bitcoin and any cryptocurrency at this point has not really established itself as a credible institutional investment,” Minerd said Wednesday during a Bloomberg Television interview from the World Economic Forum in Davos, Switzerland. “Everything is suspect.”

Minerd said his firm bought Bitcoin at $20,000 and sold w...


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Crypto Rout: Another Stablecoin Falls After UST and Luna

Posted by TheStreet on Saturday, May 21, 2022, In : #WATCHLiST 


Crypto investors no longer know where to turn.

Crypto pricing is now correlated with the stock market, which means that, as the saying goes, when the stock market coughs, digital-currency prices catch pneumonia.

This has persisted this year due to fears of recession. That concern in turn has been fueled by inflation, which is at its highest in 40 years, and by the continuing disruption of supply chains, most recently made worse as covid-19 resurged in China.

Investors have been liquidating asset...


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A Web3 Crypto Wallet from Robinhood

Posted by THE STREET on Friday, May 20, 2022, In : #WATCHLiST 
                    

We are building a brand new non-custodial, web3 wallet that will allow customers to have total control of their crypto, and seamlessly access the decentralized web and all the opportunity crypto has to offer.

Customers will be able to hold the keys for their own crypto and access dapps to:
Trade and swap crypto with no network fees
Store NFTs and connect to NFT marketplaces
Earn yield
Access a variety of crypto assets


L...

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People are calling on Coinbase users to transfer their crypto into hardware wallets after the exchange warned a bankruptcy could mean losing their investment

Posted by Katie Canales on Friday, May 13, 2022, In : TRADING FLOOR 


  • Many are calling for Coinbase users to move crypto to hardware wallets, or physical storage devices.
  • Coinbase disclosed Tuesday that it could absorb users' crypto in the unlikely event of bankruptcy.

Coinbase on Tuesday warned it could absorb its users' crypto as property in the unlikely event of bankruptcy.

The acknowledgment put some crypto-watchers in a tizzy as it appeared to go against a core tenet of the decentralized finance movement: giving people complete control and ownership of their ...


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Gucci to accept crypto payments in the US

Posted by KS Arpita on Sunday, May 8, 2022, In : 848FINACE 


Gucci stores in the United States are soon going to start accepting crypto payments. Here’s more on the new move.




Italian luxury brand Gucci is going to start allowing customers to pay using a range of cryptocurrencies. The brand is joining several other firms that are opening themselves to virtual currency. The service will be rolled out later this month at flagship stores including Wooster Street in NYC and Rodeo Drive in LA. Cryptocurrencies including Bitcoin, Litecoin, and Ethereum will ...


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A blockchain expert explains how North Korea's $625 million crypto hack presents a new national security threat — and why it marks a shift in the global 'digital battlefield'

Posted by Phil Rosen on Monday, April 18, 2022, In : 848FINACE 


North Korean leader Kim Jong Un inspecting a North Korean military special-operation forces event in a photo released April 14, 2017

  • North Korea's huge crypto hack marks a new era in cybersecurity threats.  
  • "If there was ever a doubt that hacks were not tied to national security, that's been resolved," a blockchain expert told Insider. 
  • Ari Redbord of TRM broke down how the hack signifies the emergence of a new kind of cyber warfare.
  • Enjoy reading about Markets? Get our daily newsletter delivere...

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Shark Tank's Kevin O'Leary breaks down his crypto portfolio and explains how his metaverse bets are based on the economics of Web3

Posted by Phil Rosen on Sunday, April 10, 2022, In : Technical Analysis 

  • In an exclusive interview with Insider, "Shark Tank" investor Kevin O'Leary explained his strategy for investing in the nascent digital landscape. 
  • O'Leary said he applies his decades of experience as an index and stock investor to his crypto and metaverse portfolio. 
  • He also said he sees bitcoin, solana, and other cryptocurrencies as software and not as tokens. 

Venture capitalist and "Shark Tank" star Kevin O'Leary — also known as Mr. Wonderful — casts a wide net for his cryptocurrency and...


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30-year-old crypto billionaire wants to give away his fortune

Posted by Sarah Sharples on Wednesday, April 6, 2022, In : 848FINACE 




He’s worth a whopping $26.7 billion, but this crypto entrepreneur has said he’s not interested in owning fancy things and instead wants his money to do good.


A 30-year-old cryptocurrency billionaire, who is one of the richest people in the world, plans to give away the bulk of his fortune, saying there is only so much money that can be spent to make yourself happy.

Despite being worth $26.7 billion, Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, drives a Toyota Corolla, slee...


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Goldman Sachs, Galaxy Digital announce milestone over-the-counter crypto trade

Posted by Hugh Son on Wednesday, April 6, 2022, In : Technical Analysis 
                   
Goldman Sachs Group Inc. is planning to offer over-the-counter Ether options trading and has seen growing interest from clients in the second-largest digital currency, said Andrei Kazantsev, global head of crypto trading at the bank.


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Goldman Sachs, Galaxy Digital announce milestone over-the-counter crypto trade

Posted by @HUGH_SON on Wednesday, April 6, 2022, In : 848FINACE 
                                                     

KEY POINTS
  • Goldman is the first major U.S. bank to trade crypto over the counter, CNBC was first to report. The bank traded a bitcoin-linked instrument called a non-deliverable option with crypto merchant bank Galaxy Digital, the firms said.
  • The move is seen as a notable step in the development of crypto markets for institutional investors. Compared with the exchange-based CME Group bitcoin products Goldman began trading last year, the bank i...

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Crypto Bored Apes Warns Not to Mint NFTs After Chat Platform Hack

Posted by Tanzeel Akhtar on Saturday, April 2, 2022, In : 848FINACE 


The company behind the best-selling NFTs warned users around 2 a.m. New York time on Friday that hackers had “briefly compromised” chat severs hosted by messaging platform Discord. They told users not to mint -- the process of taking a digital asset and converting its to a digital file stored on a blockchain -- any Apes on the platform.


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Crypto Grab’s Tech Head Quits for Crypto Gaming Startup Ethlas

Posted by Olivia Poh on Wednesday, March 30, 2022, In : 848FINACE 

Grab Holdings Ltd.’s head of technology is leaving the ride-hailing and food-delivery company after seven years to lead a new cryptocurrency gaming venture, according to people with knowledge of the matter.

Wui Ngiap Foo, the executive in charge of building up the platform’s mobility-services fleet, is leaving on March 31, said the people, asking not to be identified as the exit hasn’t been publicly announced. Foo, 35, has been a key member of Singapore-based Grab’s leadership team, he...


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Hackers Steal About $600 Million in One of the Biggest Crypto Heists

Posted by Olga Kharif With assistance by Joanna Ossinger, and Sidhartha Shukla on Wednesday, March 30, 2022, In : 848FINACE 
                                                 
Ronin Network says thieves took Ether, USDC tokens on March 23
  • Bridge hacks can threaten the ecosystem of decentralize.
     

Updated on

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If You Purchased $100 Worth Of Shiba Inu Coin Each Time It Was Listed By A Major Exchange, Here's How Much You'd Have Now

Posted by Goyo Large on Sunday, March 27, 2022, In : Technical Analysis 
If You Purchased $100 Worth Of Shiba Inu Coin Each Time It Was Listed By A Major Exchange, Here's How Much You'd Have Now


Shiba Inu (SHIB) is a meme coin that is sometimes pitched as a "Dogecoin (CRYPTO: DOGE) killer." The token is the fifteenth largest coin by market cap, according to CoinMarketCap data.

SHIB, an Ethereum (CRYPTO: ETH)-based project, was created anonymously by a person or persons who call themselves Ryoshi. The coin came to the fore in August 2020 and was listed by a number of major cryptocurrency exchanges in the following year.

On May 10, 2021, SHIB was listed by Binance. On the same day, FTX f...


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Ethereum Price Predictions: Where Will ETH Crypto Go Amid Huge Upgrade Plans?

Posted by Chris MacDonald on Friday, March 25, 2022, In : Technical Analysis 

Among the cryptocurrencies getting the most attention right now is Ethereum (ETH-USD). Today, Ethereum has surged 5% higher to more than $3,113 per coin as bullish momentum continues. Accordingly, interest in Ethereum price predictions has once again begun to surge.

Another stylized version of the Ethereum logo
© Provided by InvestorPlaceAnother stylized version of the Ethereum logo

Much of this interest relates to Ethereum’s upcoming Merge upgrade. This massive network overhaul will usher in a new era of Ethereum.

Specifically, this upg...


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Bitcoin, Ethereum, Dogecoin Dragged Down By Soaring US Inflation — Why Are Crypto Traders Still Bullish In Uncertain Times?

Posted by Shivdeep Dhaliwal on Saturday, March 12, 2022, In : Technical Analysis 
Bitcoin, Ethereum, Dogecoin Dragged Down By Soaring US Inflation — Why Are Crypto Traders Still Bullish In Uncertain Times?

Bitcoin traded under the psychologically important $40,000 level at press time on Thursday evening, with the global cryptocurrency market cap falling 4.35% to $1.75 trillion. Price Performance Of Major Coins
Coin24-hour7-dayPrice
Bitcoin (CRYPTO: BTC)-6.1%-5.6%$39,300.01
Ethereum (CRYPTO: ETH)-4.3%-5.2%$2,596.16
Dogecoin (CRYPTO: DOGE)-3.8%-8.1%$0.12
Top 24-Hour Gainers (Data via CoinMarketCap)
Cryptocurrency24-Hour % Change (+/-)Price
ICON (ICX)+41.5%$0.93
Waves (WAVES)+30.53%$28.71
ThorChain (RUNE)+...

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Bitcoin Drops Below $40,000, Paring Gains From U.S. Crypto Order

Posted by Joanna Ossinger on Thursday, March 10, 2022, In : 848FINACE 

Bitcoin dropped back below $40,000, erasing most of the gains yesterday that were sparked by optimism about U.S. President Joe Biden’s executive order to put more focus on the crypto sector. 

The largest cryptocurrency declined as much as 5.9% to $39,432 on Thursday, falling for the first time in three days. Ether dropped as much as 4.4% to $2,589. Most of the top cryptocurrencies were down at least slightly in the past 24 hours to 1:15 p.m. Hong Kong time, according to pricing from CoinGeck...


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Biden to Sign Crypto Order as Firms Face Sanctions Pressure

Posted by Allyson Versprille and Jennifer Epstein on Thursday, March 10, 2022, In : 848FINACE 

President Joe Biden is set to sign an executive order this week that will outline the U.S. government’s strategy for cryptocurrencies, according to people familiar with the administration’s plans.

The order will direct federal agencies to examine potential regulatory changes, as well as the national security and economic impact of digital assets, said the people, who asked not to be named discussing the deliberations. The White House’s approach to crypto has attracted fresh attention in ...


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What Ken Griffin’s Crypto Mea Culpa Says About Future of Cryptocurrency

Posted by The Street on Wednesday, March 2, 2022, In : 848FINACE 

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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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Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors

Posted by Tory Newmyer, Jeff Stein, Nitasha Tiku on Sunday, January 30, 2022, In : Technical Analysis 


By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in game development.

But over the past two months, the value of cryptocurrencies has plummeted, taking with it much of Carter’s digital nest egg, a mix of Ethereum, the second-most popular cryptocurrency, and a number of more obscure coins.

“It’s gotten out of ha...


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The crypto crash isn't just tulip-trading — it's a result of the toxic entitlement that led to Trump

Posted by Amanda Marcotte on Sunday, January 30, 2022, In : 848FINACE 

Man wearing animal mask and blue business suit getting in car Getty Images/Westend61

It was an outcome that anyone familiar with the terms "tulip trading" or "Beanie Babies" could see coming: Cryptocurrency is crashing. Prices for cryptocurrencies "have cratered since reaching all-time highs in early November, wiping out an astonishing $1.35 trillion in value globally, nearly half of the total market," the Washington Post reports.

The whole thing had an air of a pyramid scheme to it. Media hype...


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I Don't Trust Bitcoin, But Should I Give Up on Crypto?

Posted by TheStreet Staff on Saturday, January 22, 2022, In : 848FINACE 


The recent rise and rise of the cryptocurrency market followed by a crash has reinforced the distrust and defiance of Main Street, which still equates the entire crypto sphere with bitcoin, despite the growing popularity of NFTs - essentially a line of blockchain code, the platform upon which all cryptos are coded, that represents a one-of-a-kind object.

"Bitcoin is very volatile. It's very risky," said Hank Boyd, professor of marketing in the Business department at University of Maryland. He ...


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Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

Posted by Madhukumar Warrier on Tuesday, January 18, 2022, In : Technical Analysis 

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend.

Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend
© Provided by BenzingaDogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

1. ‘Dogecoin To $1’ Survey: Dogecoin (CRYPTO: DOGE) gained more than 20% over the last week after Tes...


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Dogecoin Pulls Back After Tesla's Merchandise Sale: Is The Crypto Resting Before Next Leg Up?

Posted by Melanie Schaffer on Tuesday, January 18, 2022, In : Technical Analysis 

On Monday, Dogecoin (CRYPTO: DOGE) continued to give back the gains, and more, that were propelled by Tesla, Inc’s (NASDAQ: TSLA) decision to begin accepting the crypto as payment for some of its merchandise.

Dogecoin soared over 25% higher at one point on Friday after Tesla listed some of the products for sale on its website in Dogecoin, including its Cyberwhistle and Cyberquad for Kids which cost 300 DOGE and 12,020 DOGE, respectively.

When Dogecoin hit 21 cents on Friday, the Cyberquad wou...


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How Crypto Could Be Like the Music Industry

Posted by Tyler Cowen on Wednesday, January 5, 2022, In : Technical Analysis 

Crypto could be a lot of fun.

The future of cryptocurrency could depend on whether people focus on the artist, the label or the venue.

To envision the future of crypto, I keep trying different analytical tools. This time around the concept of relevance is focality, by which I mean the part of the system at which consumers direct their attention. Focality could determine whether crypto ushers in an era of dystopian inequality, or whether most of its benefits accrue to broader society.

That all sounds quite abstract, so consi...


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Vladimir Putin: Crypto Volatility Is Colossal

Posted by Samyuktha Sriram on Sunday, December 5, 2021, In : Technical Analysis 

Russian President Vladimir Putin has issued a warning against the risky and highly volatile nature of cryptocurrencies.

Vladimir Putin: Crypto Volatility Is Colossal
© Provided by BenzingaVladimir Putin: Crypto Volatility Is Colossal

What Happened: Speaking at the Russia Calling Investment Forum, Putin said the development of cryptocurrency should be “closely monitored,” reported Russian publication Lenta.

“It is not backed by anything, the volatility is colossal, so the risks are very high. We also believe that we need to listen to ...


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Another crypto marketplace has been hit by a major cyberattack

Posted by Mayank Sharma on Thursday, November 4, 2021,

Hackers have stolen about $130 million worth of cryptocurrency assets from Cream Finance, by exploiting a bug in their flash loaning system to siphon away all Ethereum-based tokens on the platform.

artistic representation of a hacker© Provided by TechRadar artistic representation of a hacker
This is Cream Finance’s third hack this year alone. The decentralized finance (DeFi) platform allows users to loan and speculate on cryptocurrency price variations.

The latest incident was first detected by blockchain security firms PeckSh...


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Bitcoin news – live: BTC price rises as crypto analysts predict second leg of bull run

Posted by Anthony Cuthbertson and Vishwam Sankaran on Wednesday, October 13, 2021, In : Technical Analysis 
© Getty Images/iStockphoto

Bitcoin briefly fell below $40,000 on 21 September, 2021, but its price has since recovered

- Getty Images...

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Bitcoin Collapse Coming? 4 BTC Warnings Crypto Investors May Want to Hear

Posted by William White on Wednesday, September 15, 2021, In : Technical Analysis 
A blue-toned concept image showing Bitcoin (BTC) cracking in half representing a coming collapse.© Provided by InvestorPlace A blue-toned concept image showing Bitcoin (BTC) cracking in half representing a coming collapse.

Crypto traders might want to heed the warnings of several experts that are predicting a 
Bitcoin (CCC:BTC-USD) collapse is coming.


While there’s no denying that BTC is worth a pretty penny with tokens trading in the $45,000 range, that doesn’t mean rough weather could pull it down. We saw that earlier this year when the crypto took a massive drop from about $60,000 t...


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Dogecoin Crypto News: 7 Things to Know About the Latest Core Updates Fueling DOGE

Posted by Brenden Rearick on Monday, September 6, 2021, In : Technical Analysis 

Dogecoin (CCC:DOGE-USD) is continuing its summer rebound. The meme coin, which saw stunning price momentum in spring and devastating losses in May and June, is moving back up into the 30-cent valuation. Much of the resurgence is around a general bullishness on the crypto as a medium of transaction; however, today’s Dogecoin crypto news, centered around long-awaited upgrades to the Dogecoin network, are the culprit behind recent gains.

graphical user interface, website, calendar: A concept image of Dogecoin (DOGE) with the Shiba Inu and text on a gold token.© Provided by InvestorPlace A concept image of Dogecoin ...
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Bitcoin Price Hits $50K Again, What Crypto Investors Are Saying About BTC Today

Posted by William White on Monday, September 6, 2021, In : 848FINACE 

The price of Bitcoin (CCC:BTC-USD) has once again jumped above $50,000 today and crypto traders are heading online to discuss what this means for BTC.

calendar: A render of bitcoin surrounding a smartphone.© Provided by InvestorPlace A render of bitcoin surrounding a smartphone.

Bitcoin has been on a wild ride this year that has had crypto traders gripping the edge of their seats. At its best, BTC was trading for about $63,000 per token back in April. However, a major downturn happened that saw it fall to roughly $30,000 per token back in July.

BTC...


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Dogecoin Underperforms Wider Crypto Market Despite Key Catalyst

Posted by Shivdeep Dhaliwal on Friday, June 4, 2021, In : Technical Analysis 
a book on a table© Provided by BenzingaDogecoin (DOGE) traded over 6% lower on Thursday night, underperforming against the broader market, even after Coinbase Global Inc (NASDAQ: COIN) listed the Shiba Inu-themed coin on its platform. 

What Happened: DOGE traded 6.18% lower at $0.39 at press time over a 24-hour period. The cryptocurrency fell 9.07% against Bitcoin (BTC) and 9.31% against Ethereum (ETH). 

See Also: How to Buy Dogecoin (DOGE)

The total market capitalization of the global cryptocurrency market ros...


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A Major Crypto Allocation Likely Coming

Posted by Jeff Remsburg on Tuesday, June 1, 2021, In : Technical Analysis 

Expect a sideways stock market… pain for Big Oil investors… gold keeps climbing… an investment legend eyes the crypto market… Yellen wants to spend more of your money

This week, we’ve seen lots in the headlines…

We have shakeups in Big Oil, gold topping a k...


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Cantaloupe Forms Strategic Partnership with Castles Technology

Posted by BusinessWire on Thursday, May 27, 2021, In : Technical Analysis 


Cantaloupe
, Inc. (NASDAQ: CTLP) ("Cantaloupe" or the "Company"), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, and Castles Technology, an industry leading manufacturer of credit card payment terminals, today announced a commercial arrangement to introduce a next-generation cashless solution. In addition, the agreement contemplates the two companies will leverage their respective market positions to drive sales,...

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Ripple (XRP) Crypto News: 3 Big Reasons Bulls Are Backing Ripple Today

Posted by Robert Lakin on Thursday, May 27, 2021, In : 848FINACE 
a clear blue sky: a ripple coin© Provided by InvestorPlace a ripple coin

That gain boosts the market capitalization of the crypto to $47.15 billion, according to data tracked by CoinMarketCap. The two biggest digital currencies, Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD) are also up, 6.83% and 14.56%, respectively.

The first endorsement is actually for Ripple, the payment solutions company that also manages the RippleNet cross-border payment network. As the issuer of XRP, the fintech was named yesterday by CNBC to its...


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Dogecoin News: Why One Crypto Expert Thinks DOGE Is Headed for a Greener Future

Posted by Brenden Rearick on Tuesday, May 18, 2021, In : 848FINACE 


graphical user interface, website, calendar: A concept image of Dogecoin (DOGE) with the Shiba Inu and text on a gold token.© Provided by InvestorPlace A concept image of Dogecoin (DOGE) with the Shiba Inu and text on a gold token.

Dogecoin (CCC:DOGE-USD) is in a ruff place. The altcoin has been fluctuating quite a bit, its volatility made ever so clear every time Elon Musk decides to speak out. But, with a new piece of Dogecoin news, the crypto may be able to break its mold and break out without social media help.

Celsius Network CEO Alex Mashinsky has made the speculative prediction that Dogecoin will migrate fro...


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