Ethereum Just Saw A Key Technical Breakout: Big Reaction From Bulls Imminent
Ethereum is up over 2% and it broke the main $400 resistance against the US Dollar. ETH price
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Congratulations, Retail Traders. You’ve Suckered in the Big Money
Money market fund balances declined for the third month in a row. Investors are putting extra cash to work in stocks. Retail traders may have gotten the Fed to keep the party going. After hitting a record of $4.8 trillion following the market’s biggest panic in over a decade, money market funds are
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The Consequence of Low Interest Rates? The Big Get Bigger
As companies have to shift their business model to contend with low interest rates, the largest find themselves in a comparatively better situation. Today’s episode of The Breakdown is an extended edition of the Brief. The final topic today looks at news that some large money market funds are shifting fees from
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Jack Ma’s Ant Group Files for a Big Dual IPO in Hong Kong and Shanghai
CICC, Citigroup, JPMorgan, and Morgan Stanley will be advisers on the Hong Kong Ant Group’s listing plan, while CICC and CSC Financial will underwrite the Shanghai leg of the IPO.China’s largest fintech company Ant Group, formerly known as Ant Financial Services Group or Alipay, is planning to go public. On
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Stock Market ‘Recovery’ Is Merely Redistribution of Wealth to Big Tech
FANGMAN stocks have almost hit a combined market cap of $8 trillion, more than the GDP of big economies like Japan, Germany, India, and the U.K. The over-reliance on Big Tech shows that the stock market “recovery” is mostly a symptom of the pandemic; it has enabled a further transfer of
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Same Indicator That Called March Plunge Raises Chances For Big Bitcoin Drop
Bitcoin has been rocketing over the last several weeks, along with the rest of the cryptocurrency market. Most
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How the EEA Made Ethereum Palatable to Big Business
Ethereum has attracted the attention of large companies for almost as long as it has been around. But it wasn’t until early 2017 that a formal business-focused consortium came into being: the Enterprise Ethereum Alliance (EEA). The EEA created a concerted effort to get large corporates and tech providers on the
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Why Cardano (ADA) Founder Predicts Big Ecosystem Growth in 2021
IOHK CEO Charles Hoskinson shared his prediction for the future of the Cardano ecosystem, in which he sees
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Bitcoin Bulls Aim Big After Recent Bullish Breakout At $9,650
Bitcoin is gaining bullish momentum above the $9,500 and $9,600 levels against the US Dollar. BTC is likely
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With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?
The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for BTC price has not broken out of its range since the halving in May.The support area is $8,800-9,000,
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