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Showing Tag: "crypto" (Show all posts)

Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide

Posted by Diksha Madhok on Saturday, January 22, 2022, In : Technical Analysis 


Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world's second mo...


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Top NFL Draft Prospect Kayvon Thibodeaux Adds A NIL Deal To His List Of Entrepreneurial Moves

Posted by Ngozi Nwanji on Saturday, January 22, 2022, In : 848FINACE 


The time is inching near to the 2022 NFL Draft, and months before learning his football fate, Kayvon Thibodeaux just secured an influencer deal.

Under the latest name, image, and likeness (NIL) rules, the star defensive end has signed with Starface, a skincare brand, Ad Age reports. 

The Influencer Deal

According to the outlet, Thibodeaux is the first male athlete to work with Starface.

“We believe young people of all genders and identities are affected by unrealistic beauty standards and stigm...


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I Don't Trust Bitcoin, But Should I Give Up on Crypto?

Posted by TheStreet Staff on Saturday, January 22, 2022, In : 848FINACE 


The recent rise and rise of the cryptocurrency market followed by a crash has reinforced the distrust and defiance of Main Street, which still equates the entire crypto sphere with bitcoin, despite the growing popularity of NFTs - essentially a line of blockchain code, the platform upon which all cryptos are coded, that represents a one-of-a-kind object.

"Bitcoin is very volatile. It's very risky," said Hank Boyd, professor of marketing in the Business department at University of Maryland. He ...


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Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

Posted by Madhukumar Warrier on Tuesday, January 18, 2022, In : Technical Analysis 

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend.

Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend
© Provided by BenzingaDogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

1. ‘Dogecoin To $1’ Survey: Dogecoin (CRYPTO: DOGE) gained more than 20% over the last week after Tes...


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Dogecoin Pulls Back After Tesla's Merchandise Sale: Is The Crypto Resting Before Next Leg Up?

Posted by Melanie Schaffer on Tuesday, January 18, 2022, In : Technical Analysis 

On Monday, Dogecoin (CRYPTO: DOGE) continued to give back the gains, and more, that were propelled by Tesla, Inc’s (NASDAQ: TSLA) decision to begin accepting the crypto as payment for some of its merchandise.

Dogecoin soared over 25% higher at one point on Friday after Tesla listed some of the products for sale on its website in Dogecoin, including its Cyberwhistle and Cyberquad for Kids which cost 300 DOGE and 12,020 DOGE, respectively.

When Dogecoin hit 21 cents on Friday, the Cyberquad wou...


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How Crypto Could Be Like the Music Industry

Posted by Tyler Cowen on Wednesday, January 5, 2022, In : Technical Analysis 

Crypto could be a lot of fun.

The future of cryptocurrency could depend on whether people focus on the artist, the label or the venue.

To envision the future of crypto, I keep trying different analytical tools. This time around the concept of relevance is focality, by which I mean the part of the system at which consumers direct their attention. Focality could determine whether crypto ushers in an era of dystopian inequality, or whether most of its benefits accrue to broader society.

That all sounds quite abstract, so consi...


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Why Nio Shares Are Rising

Posted by Henry Khederian on Friday, December 31, 2021, In : Technical Analysis 

Shares of several Chinese stocks, including Nio Inc - ADR (NYSE: NIO), are trading higher after the Chinese government vowed to focus on consumption recovery and reduce some income tax rates.

Why Nio Shares Are Rising
© Provided by BenzingaWhy Nio Shares Are Rising

Shares of several Chinese stocks have otherwise been under pressure amid continued COVID-19 omicron variant concerns, which have prompted travel restrictions in some nations and added to lockdown fears. Omicron concerns have also caused uncertainty amid the ...


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Making NFTs a Holiday Gift: Crypto, Art, and an NFT Marketplace

Posted by MICHAEL TEDDER on Thursday, December 30, 2021, In : 848FINACE 
See the source image

A former Google scientist is making it easy to give someone a non-fungible token (NFT)..

We have enough sweaters. Nobody wants physical media anymore except for vinyl, and good luck finding that if you’re not an Adele fan. Giving someone an experience like a restaurant gift certificate sounds like a good idea, but have you seen those variant spread numbers? 

So like it not, this holiday season you may have no choice but to give your loved ones an NFT.

All jokes aside, the popularity and valu...


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Here's What's In CNBC's Cheap Stocks Basket

Posted by DAN WEIL on Thursday, December 30, 2021, In : Technical Analysis 
       


CNBC filtered S&P 500 non-financial companies, choosing those with a forward price-earnings ratio at least 20% lower than their five-year average.

CNBC has assembled a list of cheap stocks to consider for 2022, including Alaska Air  (ALK) - Get Alaska Air Group, Inc. Report, Activision Blizzard  (ATVI) - Get Activision Blizzard, Inc. Report, Baker Hughes  (BKR) - Get Baker Hughes Company Class A Report, D.R. Horton  (DHI) - Get D.R. Horton, Inc. Report and News Corp.  (NWSA) - Get Ne...


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Vladimir Putin: Crypto Volatility Is Colossal

Posted by Samyuktha Sriram on Sunday, December 5, 2021, In : Technical Analysis 

Russian President Vladimir Putin has issued a warning against the risky and highly volatile nature of cryptocurrencies.

Vladimir Putin: Crypto Volatility Is Colossal
© Provided by BenzingaVladimir Putin: Crypto Volatility Is Colossal

What Happened: Speaking at the Russia Calling Investment Forum, Putin said the development of cryptocurrency should be “closely monitored,” reported Russian publication Lenta.

“It is not backed by anything, the volatility is colossal, so the risks are very high. We also believe that we need to listen to ...


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Ethereum Breaks New ATH

Posted by B Insights on Thursday, November 18, 2021, In : 848FINACE 

Over the past 24 hours, Ethereum's (CRYPTO: ETH) price has risen 3.72% to $4,796.15. This continues its positive trend over the past week where it has experienced a 12.0% gain, moving from $4,291.42 to its current price. As it stands right now, the coin's all-time high is $4,798.49.

Ethereum Breaks New ATH
© Provided by BenzingaEthereum Breaks New ATH

The chart below compares the price movement and volatility for Ethereum over the past 24 hours (left) to its price movement over the past week (right). The gray bands a...


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This Cryptocurrency Has Beaten Shiba Inu, Dogecoin And Ethereum Gains By Far Over Past Month And Still Looks Unstoppable

Posted by Shivdeep Dhaliwal on Tuesday, November 16, 2021, In : Technical Analysis 
This Cryptocurrency Has Beaten Shiba Inu, Dogecoin And Ethereum Gains By Far Over Past Month And Still Looks Unstoppable
© Provided by BenzingaThis Cryptocurrency Has Beaten Shiba Inu, Dogecoin And Ethereum Gains By Far Over Past Month And Still Looks Unstoppable
Loopring (CRYPTO: LRC) has shot up over 630% in the past 30 days, outpacing the gains of Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE), and Ethereum (CRYPTO: ETH) combined. 

What’s Moving? LRC, which runs on Ethereum, is a Layer 2 solution for trading and payments. It has shot up 638% in the past 30 days.

In comparison, SHIB, DOGE, and ETH have gai...


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Should You Buy Ethereum After Its Recent $4,500 High?

Posted by Katie Brockman on Thursday, November 4, 2021, In : Technical Analysis 

Cryptocurrency prices are surging yet again, and Ethereum (CRYPTO: ETH) recently reached an all-time high of around $4,500 per token. This record is the latest in a string of recent highs over the past few days, as Ethereum continues its upward trajectory.

Should You Buy Ethereum After Its Recent $4,500 High?© Provided by The Motley Fool Should You Buy Ethereum After Its Recent $4,500 High?

The latest price increase comes just days after the successful Altair upgrade to Ethereum's network, which brings it a step closer to the much-anticipated Et...


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Another crypto marketplace has been hit by a major cyberattack

Posted by Mayank Sharma on Thursday, November 4, 2021,

Hackers have stolen about $130 million worth of cryptocurrency assets from Cream Finance, by exploiting a bug in their flash loaning system to siphon away all Ethereum-based tokens on the platform.

artistic representation of a hacker© Provided by TechRadar artistic representation of a hacker
This is Cream Finance’s third hack this year alone. The decentralized finance (DeFi) platform allows users to loan and speculate on cryptocurrency price variations.

The latest incident was first detected by blockchain security firms PeckSh...


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Ethereum Reaches Blue Skies While Bitcoin Attempts A Break Out: What's Next For The Cryptos?

Posted by Melanie Schaffer on Thursday, November 4, 2021, In : Technical Analysis 
© Provided by BenzingaEthereum (CRYPTO: ETH) made a new all-time high of $4,461.96 on Friday at 12:06 p.m. ET after continuing to trade higher in a fairly consistent uptrend Benzinga called out on Oct. 24.

Ethereum was leading the crypto moon race while Bitcoin (CRYPTO: BTC) attempted to break up bullishly from a descending channel, but was still trading about 7% below its Oct. 20 all-time high of $66,999.

If Ethereum is able to get bullish follow through on the break it could be a big weekend...


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These Dogecoin And Shiba Inu Knockoffs Are Striking Massive Gains Today, With One 'Floki' Themed Coin Up 2000%

Posted by Madhukumar Warrier on Thursday, October 21, 2021, In : Technical Analysis 

Some of the Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) knockoffs such as PrinceFloki (CRYPTO: PrinceFloki), Kombai Inu (CRYPTO: KOMBAI), Hina Inu (CRYPTO: HINA), Baby Saitama Inu (CRYPTO: BABYSAITAMA) and Doge Dash (CRYPTO: DOGEDASH) are seeing strong gains as of Sunday night.

© Provided by Benzinga

What Happened: PrinceFloki, a rebase token with DOGE rewards, is up 2171.22% during the past 24 hours, trading at $0.00000144 at press time.

The altocoin has surged 2135.05% against apex c...


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Bitcoin news – live: BTC price rises as crypto analysts predict second leg of bull run

Posted by Anthony Cuthbertson and Vishwam Sankaran on Wednesday, October 13, 2021, In : Technical Analysis 
© Getty Images/iStockphoto

Bitcoin briefly fell below $40,000 on 21 September, 2021, but its price has since recovered

- Getty Images...

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7 Cryptos to Sell Before They Im