Corporations get behind crypto as Bitcoin reclaims $50K

Cardano and Algorand lead another week of gains for digital assets Bitcoin has once again passed the key milestone of $50K after a week that saw some of the biggest global corporations make moves on the digital asset market. Retail giant Walmart posted a job for a crypto expert to investigate virtual payment options, Facebook announced that their crypto walletContinue reading “Corporations get behind crypto as Bitcoin reclaims $50K”

Buying Bitcoin: what you need to know

With Bitcoin investing now available on the eToro platform for clients in the Netherlands, we would like to take this opportunity to cover some of the basics of buying Bitcoin for beginners. So, if you don’t know your Bitcoin from your blockchain, this article is here to help. Is there a Bitcoin barrier to entry?Continue reading “Buying Bitcoin: what you need to know”

Altcoin boom pushes crypto market beyond $2 trillion

Cardano, Doge and XRP celebrate high double-digit gains as confidence returns to market The total value of the cryptoasset market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs. This bullish price action comes in defiance of negative headlines. The Senate passed the infrastructure bill on Tuesday without changing the requirements forContinue reading “Altcoin boom pushes crypto market beyond $2 trillion”

DeFi boosts market as Bitcoin taps on $35K

Compound jumps 40% while Aave and Uniswap enjoy 20% gains As Ethereum has pushed almost 10% higher this week, Bitcoin has drifted sideways on mixed headlines. The Chinese clampdown on mining continues to drive uncertainty in the market, along with the ramp up of regulatory discussion in the U.S. Yet this is matched by equal amounts of positive news, with Michael Saylor’s BitcoinContinue reading “DeFi boosts market as Bitcoin taps on $35K”

Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Bitcoin falls to $35K on warning of China crackdown

Altcoins suffer double-digit losses in marketwide meltdown Anxiety has washed over the crypto market, with cascades of selling push prices down to the same levels as before Tesla announced its Bitcoin treasury allocation. Tweets from Tesla CEO Elon Musk have been widely blamed for giving the market jitters, which turned to full-blown fear as China called for a crackdown on Bitcoin mining andContinue reading “Bitcoin falls to $35K on warning of China crackdown”

Elon Musk shakes crypto market with carbon footprint concerns

Bitcoin sinks to three-month low as Cardano hits all-time highs Fear is gripping the crypto market after comments from Tesla billionaire Elon Musk sparked a 20% sell-off for Bitcoin. Prices fell to a low of $42K on Monday as the billionaire voiced concerns about the environmental impact of Bitcoin mining, before hinting at a sale ofContinue reading “Elon Musk shakes crypto market with carbon footprint concerns”

Weekly Stock Market Update: Friday’s rally saved the week

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week showed significant gains for The Michaels Companies Inc. (MIK), Canaan Inc. (CAN), Centennial Resource Development Inc./DE (CDEV), Diamondback Energy Inc. (FANG), Discovery Communications Inc. (DISCA). The Michaels Companies Inc. (MIK) shares jumped this week after the arts and crafts retailer announced a dealContinue reading “Weekly Stock Market Update: Friday’s rally saved the week”

Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back

Bitcoin falls alongside stocks after tagging $58K The Bitcoin rally hit a speed bump last week, pushing prices down to $43K as the stock market dropped and US Treasury Secretary Janet Yellen claimed the leading cryptoasset is “extremely inefficient for transactions.” Yet as the market moved lower, institutional investors kept buying. MicroStrategy and Square completed Bitcoin purchases of $1Continue reading “Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back”

Bitcoin goes for gold as market cap tops $1 trillion

Ethereum reaches $2K and Binance Coin doubles in value In yet another historic week, Bitcoin has blown past the trillion dollar market cap milestone to hit highs of $58K as institutional money pours into the market. MicroStrategy is buying an additional $1 billion worth of Bitcoin, Motley Fool has scooped up $5 million, and even the world’s largest assetContinue reading “Bitcoin goes for gold as market cap tops $1 trillion”

Create your website with WordPress.com
Get started