Tag Archives: Bitcoin

Elon Musk’s repeated criticisms of bitcoin (BTC-USD) appear to have come at a cost — at least when you look at how people are feeling about him on Twitter. According to data from sentiment tracking company Awario shared exclusively with Yahoo Finance, the positive-to-negative sentiment of tweets about Musk reached a new low in May, falling significantly around the same time cryptocurrency prices plunged after Musk started criticizing bitcoin and announced Tesla would no longer accept it as… Source link

Buyers have attempted to push prices higher to new growth levels, but these attempts have not succeeded in the past few days. This is because the broader market sentiment which always favors the sellers always often pushes the price downward. Bitcoin’s Rejection at $38,000 Shows the Buyer’s Weakened Accumulation Despite the fears of a clampdown on Bitcoin in China, the press is notably at odds with the possibility of succeeding with banning the merging asset. Although the market may… Source link

Investors have been selling bitcoin for the past week, according to on-chain data. Meanwhile, ether’s daily trading volumes have consistently outpaced BTC’s.  Bitcoin (BTC) trading around $35,987 as of 21:00 UTC (4 p.m. ET). In the red 2.5% over the previous 24 hours.Bitcoin’s 24-hour range: $35,754-$37,833 (CoinDesk 20)Ether (ETH) trading around $2,549 as of 21:00 UTC (4 p.m. ET). Losing 3.2% over the previous 24 hours.Ether’s 24-hour range: $2,532-$2,734 (CoinDesk 20) Bearish… Source link

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

Bloomberg A Sizzling Rally Lures India’s Top Bank to Do More Equity Deals (Bloomberg) — A hot equity market in India is prompting HDFC Bank Ltd. to try to muscle in on the action as companies raise record levels of funding.The government has flooded the market with money in response to one of the world’s worst outbreaks of coronavirus, pushing stocks to dizzying levels and helping companies to boost capital buffers. Despite being India’s most valuable lender, HDFC Bank so far hasn’t… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

Bloomberg This Time Is Different: Outside OPEC+, Oil Growth Stalls (Bloomberg) — “This time is different” may be the most dangerous words in business: billions of dollars have been lost betting that history won’t repeat itself. And yet now, in the oil world, it looks like this time really will be.For the first time in decades, oil companies aren’t rushing to increase production to chase rising oil prices as Brent crude approaches $70. Even in the Permian, the prolific shale basin at… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

Large investors — or so-called whales — bought great quantities of Bitcoin (CRYPTO: BTC) when it briefly dipped at the $30,000 price level. What Happened: In a recent report by blockchain analytics company Chainalysis, the firm’s Chief Economist Philip Gradwell explains that whales bought 77,000 bitcoin last week, now worth over $3 billion. This is the conclusion drawn by the company from its analysis of blockchain transaction data. Bitcoin’s price dipped briefly to a 5-month low under… Source link