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Tag: markets

# Snoop Dogg and Gene Simmons join Elon’s Musk’s ‘Dogecoin army’
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# Snoop Dogg and Gene Simmons join Elon’s Musk’s ‘Dogecoin army’

Admin5 years ago06 mins

“# Snoop Dogg and Gene Simmons join Elon’s Musk’s ‘Dogecoin army’ ” Rapper Snoop Dogg and Kiss’ Gene Simmons have been both expressing their support for the “Doge Army” over the weekend alongside Tesla CEO Elon Musk. As a result, the cryptocurrency’s price has rallied once again by 27% on Feb. 7. DOGE is the native cryptocurrency…

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# Major correction for DeFi as Bitcoin rejected again above K: What’s next?
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# Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?

Admin5 years ago06 mins

“# Major correction for DeFi as Bitcoin rejected again above $40K: What’s next? ” The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level. Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even…

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# Whales profit as high Ethereum gas fees sideline retail DeFi investors
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# Whales profit as high Ethereum gas fees sideline retail DeFi investors

Admin5 years ago04 mins

“# Whales profit as high Ethereum gas fees sideline retail DeFi investors ” Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency holders.  Despite these features, this week’s record-high gas fees show that the sector is…

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# Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
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# Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

Admin5 years ago014 mins

“# Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come ” In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion.  Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly…

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# Bullish K Ethereum call options excite traders but there’s a catch
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# Bullish $10K Ethereum call options excite traders but there’s a catch

Admin5 years ago05 mins

“# Bullish $10K Ethereum call options excite traders but there’s a catch ” Ether’s (ETH) $10,000 Dec. 31 call options recently came under the spotlight after surpassing $15.2 million in open interest (8,400 contracts). These instruments give the buyer the right to acquire Ether at a future date for a fixed price and the seller…

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# PancakeSwap (CAKE) gains 444% as its daily DEX volume surpasses M
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# PancakeSwap (CAKE) gains 444% as its daily DEX volume surpasses $90M

Admin5 years ago06 mins

“# PancakeSwap (CAKE) gains 444% as its daily DEX volume surpasses $90M ” Launched in September 2020, PancakeSwap is a decentralized exchange (DEX) running on Binance Smart Chain. Instead of allowing its users to trade ERC-20 and ERC-721 tokens, the DEX focuses exclusively on Binance Chain BEP20. By using an automated market maker (AMM), the…

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# Launching in 3, 2… Here’s why Bitcoin breaking ,000 is different than last time
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# Launching in 3, 2… Here’s why Bitcoin breaking $40,000 is different than last time

Admin5 years ago05 mins

“# Launching in 3, 2… Here’s why Bitcoin breaking $40,000 is different than last time ” The price of Bitcoin (BTC) broke above $40,000 on Feb. 6 for the first time in 23 days. But this time, the market sentiment is a lot calmer with a less overheated derivatives market. The combination of a less…

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# Bitcoin eyes K less than a month after BTC price broke its 2017 all-time high
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# Bitcoin eyes $50K less than a month after BTC price broke its 2017 all-time high

Admin5 years ago07 mins

“# Bitcoin eyes $50K less than a month after BTC price broke its 2017 all-time high ” Bitcoin’s (BTC) price broke through the crucial level at $35,000 and continued its run above $40,000 on Feb. 6, just days after MicroStrategy’s pitched Bitcoin to over 1,4000 companies.  This breakout above $35,000 earlier this week was significant…

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# Record .5B futures open interest signals traders are bullish on Ethereum
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# Record $6.5B futures open interest signals traders are bullish on Ethereum

Admin5 years ago06 mins

“# Record $6.5B futures open interest signals traders are bullish on Ethereum ” Ether (ETH) price has rallied by 33% over the last five days and data shows that as this occurred some buyers began to use excessive leverage.  Although this is not necessarily negative, it should be considered a yellow flag as a higher…

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# Altcoins soar to multi-year highs while Bitcoin price gathers steam
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# Altcoins soar to multi-year highs while Bitcoin price gathers steam

Admin5 years ago05 mins

“# Altcoins soar to multi-year highs while Bitcoin price gathers steam ” Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to predict that the top-ranked altcoin will hit $2,000 before meeting any significant resistance. …

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