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Barron’s reported early Monday morning that Citigroup stock had “slumped” after a positive earnings report that also showed a substantial revenue miss, but by the time of writing the trend was reversing on the NYSE. Citigroup (NYSE:C) is the fourth largest US bank with nearly $ 2 trillion in assets. Citigroup posted earnings of $ […]
The US stocks opened Wednesday on a higher note as President Donald Trump signaled positive outcomes of their trade talks with China. The Dow Jones Industrial Average jumped 0.5 percent to 23902 points after adding 115 points while the S&P 500 gained 0.3 percent. The Nasdaq Composite Index surged by 43.2 – or 0.6 percent […]
Ever since Bitcoin touched the low-$ 3,000 region in mid-December, its price has been gradually increasing and just yesterday broke above the $ 4,000 price level for the first time in a couple of weeks. Bitcoin’s relatively positive price action since it set its 2018 low around $ 3,200 has led one widely viewed technical […]
Henri Arslanian It’s Christmas and the year is drawing to a close. It’s that time of the year where traders take stock of their investments and prepare for the future. Oddly enough, 2018 seems to be ending on the same note as it started—with mixed feelings. However, while views on the average performance of the crypto […]
Advertisement Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across […]
Advertisement The market is still in the red and it seems it would be staying that way for a while. With the latest “fall” in the crypto market, skeptics have been speculating on whether Bitcoin and its compatriots could mount a quick comeback and shake off this bearish run. However, in the midst of all this […]
Fundamentals are extremely bullish and with regulators amending/formulating new laws, it’s clear that Bitcoin is here to stay. That could explain the increasing level of use, institutional interest and more funds for infrastructure development. Latest Bitcoin News Thing is, poor policies can cause irreparable damage for an economy. Unfortunately, then ordinary citizens bore the full […]
Key Highlights ETH price slowly recovered and moved above the $ 130 and $ 132 resistances against the US Dollar. Yesterday’s major bearish trend line was breached with resistance at $ 132 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb towards the $ 151 resistance level in […]
It’s not what maximalists want to see but for institutions to flock in then regulators must be in the picture. This is part of the reason why the launch of Bakkt Daily Bitcoin futures has been put off to Jan 24, 2019. Hopefully, if all requirements are met and goes live in Jan 2019 then […]
Latest Litecoin News Its one-step at a time and Litecoin pace is slow but steady. Even as prices drop to record lows printing at a time when Tushar Jain took to twitter thrashing Litecoin, the Founding Director of the Litecoin foundation and the owner of Litecoin.com has a different view of what the seventh most […]
As the cryptocurrency markets continue to trade sideways as trading volume decreases, many traders are beginning to lose patience and interest in the markets. Despite this unusual trading activity in generally volatile markets, one analyst believes that it is actually a good sign for the future success of the markets. At the time of writing, […]
After Cory Johnson revelation that they have been in constant communication with the Trump administration, Ripple supporter should interpret this as positive. It appears as if this positivity is spreading. In a report the FSB said cryptocurrencies and blockchain could be viable alternatives if traditional payment means become expensive. This is a subtle endorsement for […]
It will always be there that EOS critics will point out to the level of centralization visible in the block producers list. Unfortunately, they will always turn a blind eye to the platform’s stellar performance. Nonetheless, we expect higher highs in days to come and as Monero prepares for a system upgrade tomorrow, they are […]
New research published in a renowned scientific journal speculates that the Bitcoin markets are rapidly maturing, which could be positive news for investors. The journal – called Chaos: An Interdisciplinary Journal of Nonlinear Science – highlights some interesting features regarding the rapidly evolving cryptocurrency markets in a report titled “Bitcoin market route to maturity? Evidence from […]
A correction is underway in IOTA and TRX price charts following bull break out above important resistance levels a few days ago. Still, we retain a bullish outlook recommending buyers to buy on dips as long as prices are trading above key support levels. This is even applicable in Tron following their release of a […]