Ether’s futures premium has gone through a complete cycle, from April’s extreme euphoria to the present level, which is the most bearish in six months. Believe it or not, in both situations, Ether’s (ETH) price was roughly $2,100. This change shows how investors’ mood depends on a few weeks’ performances and holds no relation to
In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization. Dogecoin (DOGE) is a meme cryptocurrency which has provided no innovation, has no real raison d’etre, and is only popular
The cryptocurrency sector has undergone a seismic shift in recent years as retail investors and publicly listed companies make their way into the space. Globally, estimates suggest that the number of crypto users surged by about 190% between 2018 and 2020. Record-breaking inflows into the market have also taken the number of active addresses on
Institutional inflows into Cardano (ADA) investment products rose sharply last week even as interest in Bitcoin (BTC) and Ether (ETH) waned, highlighting the growth of proof-of-stake assets amid the latest wave of environmental FUD in the markets. Institutional investment managers bought $10 million worth of ADA products for the week ending on Monday, according to
Crypto traders were greeted by green markets on May 24 as the majority of altcoins saw their prices bounce back following last week’s downturn that was the “largest deleveraging event since the March 2020 sell-off,” according to an on-chain report from Glassnode. After suffering the biggest monthly price drop in Bitcoin (BTC) history, bulls now
In the midst of the hectic crypto market, the gas fees in the decentralized finance (DeFi) sector have skyrocketed, once again highlighting the value of layer-two scaling solutions. Cointelegraph Consulting teamed up with Covalent to discover the numbers behind Polygon, the network that is onboarding an increasing number of decentralized applications, from SushiSwap to bZx.
XRP’s price soared 260% in April, moving from $0.57 on March 31 to $1.97 on April 14, its highest level since January 2018. The move caused XRP futures to reach an impressive $2.1 billion in open interest. However, on Wednesday, as cryptocurrency markets collapsed, XRP lost 60% in four days, liquidating $510 million of long
Tether (USDT), the world’s largest stablecoin by market capitalization, continues to grow despite record-breaking cryptocurrency outflows triggered by Elon Musk’s Bitcoin (BTC) criticism. On Monday, Tether’s market cap hit $60 billion for the first time in history, marking another milestone of the stablecoin’s growth. According to data from Tether Transparency, USDT market value amounts to
Popular TikTok viral “meme coin” SafeMoon could be vulnerable to malicious exploits by hackers on account of purported security vulnerabilities in its smart contract code. According to a smart contract audit by blockchain security firm HashEx, SafeMoon currently has 12 of such vulnerabilities with five being classified as ranging between being of a “critical” and
Raphael Bostic, Federal Reserve Bank of Atlanta president, says he hears frequent speculation that he could be nominated to lead the central bank. “I hear about it all the time,” Bostic said, according to an Axios account of the outlet’s interview on Axios on HBO. President Joe Biden hasn’t indicated who he will name, but
EU leaders are weighing a range of sanctions to punish Alexander Lukashenko’s Belarusian regime after what Brussels branded the “hijacking” of a Ryanair flight from Greece to Lithuania to arrest a dissident on board. Options to be explored by the bloc’s 27 leaders at a meeting today include banning Belarus’s national carrier, Belavia, from landing
Rushing trades can destroy your account, especially if you’re making this mistake often. Example: -If a stock goes up and down several times and you’ve missed opportunities to sell when it peaked, you may get “ants in your pants” -This can cause you to buy before the stock begins to ascend again, and it may
No, not the band ‘Iron Butterfly’. But the options strategy. Quite possibly one of the best strategies for a sideways market.
How do you start investing? Where do you begin? What are the best things you can do to start? We answer those and many other questions in our latest series – Investing 101. Join us in our first video of the series to find out more about the compound interest effect and what it does
sponsored Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects the DeFi community by providing
The $4.2 billion of pension obligation bonds issued in California in 2020 was more than triple the amount issued in any other year of the past decade. Golden State local governments represented the lion’s share of the $6 billion of POBs Municipal Market Analytics estimates was issued nationally last year. “This high level of issuance
In this article SPCE VSS Unity reaches the edge of space during its third spaceflight on May 22, 2021. Virgin Galactic Virgin Galactic shares jumped in premarket trading on Monday, following the company’s successful spaceflight test on Saturday. The launch represented a critical step forward for the space tourism company, as the test had been
Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Thematic tech is seeing big price declines, but most investors are not bailing out. It’s been a brutal year for the formerly red-hot investment darling, “thematic tech” investing, a catch-all phrase for emerging tech sub-sectors like Cathie Wood’s Ark funds, clean
In this article MRNA HPQ DG AMC SPCE NCLH BYND Patties of Beyond Meat Inc.’s plant-based burger Beyond Burger are cooked on a skillet. Yuriko Nakao | Getty Images Check out the companies making headlines in midday trading. Beyond Meat — Shares of the alternative meat company surged around 10% after Bernstein double upgraded the
MADRID (MarketWatch) — Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC , as well as Layne Christensen Co. Medtronic MDT, -0.80% announced a deal on Sunday to buy Ireland-based Covidien PLC US:COV in a $42.9 billion cash-and-stock deal. Layne Christensen US:LAYN is