Your car may be more valuable than what’s in your portfolio. Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco. “If you want to know what the best investment you probably had in 2021, it’s that car sitting in your driveway or in that garage,” the Bianco […]
The wish of owning cryptocurrencies this Christmas came true for a 12-year-old schoolkid with an intelligence quotient (IQ) higher than Albert Einstein. Barnaby Swinburn, a resident of Bristol, England had asked for two Christmas presents, a Mensa test for testing his IQ and a cryptocurrency portfolio. According to BristolLive, Swinburn scored the highest possible score of 162 […]
Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500. The pair was calm as the holiday season got underway, with thinner liquidity yet to show itself in […]
A “Santa rally” ahead of Christmas gripped crypto markets on Friday with most large-cap coins showing gains over 24 hours. Bitcoin (BTC), ether (ETH) and binance coin (BNB), three of the largest cryptocurrencies by market value, added almost 4%, setting the theme for a larger move among alternative currencies, or altcoins. Liquidity across exchanges for […]
In less than a week, we’ll officially be ringing in a new year. However, Wall Street might be sad to see 2021 come to a close. The benchmark S&P 500 (SNPINDEX:^GSPC) has more than doubled up (+24%) its average annual total return of 11% (including dividends) over the past four decades, and it hasn’t undergone […]
Stock Markets During the shortened trading week ahead of the Christmas holidays, stocks rebounded from the losses of the previous week. Investor sentiment was buoyed by prospects that the Omicron variant was not going to severely impact the economic recovery as earlier anticipated. As could be expected, trading volumes were low as many players were […]
The outlook for US IPOs from Chinese companies has soured in the past few months amid mutual recriminations over the sharing of sensitive data and a crackdown on large private companies by Beijing. As the federal government forces Chinese companies to de-list from American exchanges, the NYSE and Nasdaq are eyeing Indian and Southeast Asian […]
Turkey will soon take steps regarding cryptocurrencies, which have become an issue of concern for many governments and central banks. A law on cryptocurrencies is ready and will soon be discussed at the national assembly, President Recep Tayyip Erdoğan said Friday during a meeting with the press in Istanbul where he also made statements on […]
With Brazilian oil demand set to continue, Petrobras is making big plans for oil and gas as well as testing the water with greener fuels, although it is not yet investing in other renewables such as solar or wind power. As several countries move away from fossil fuel production towards renewable alternatives, many will have […]
The use of cryptocurrency in Germany is increasing rapidly with Bitcoin and Ethereum being widely used in e-commerce to purchase goods. Cryptocurrencies in Germany are regularly transferred and traded and companies have invested their capital in the new digital currency. It is estimated that more than 2.1 million people – 2.62% of Germany’s total population […]
What happened The cryptocurrency market let out a proverbial sigh of relief on Thursday, easing into the extended holiday weekend with solid gains across the board. Here’s what some of the leading names looked like as of 2:30 p.m. ET: Stock or Token Brief Description 24-hour Price Change Bitcoin (CRYPTO:BTC) The oldest and largest cryptocurrency, specialized […]
Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title. Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash rate is practically at its highest ever. Hash rate vanquishes specter of China Despite the price comedown […]
