Cryptocurrency Analysis and News Portal
Goldman believes stocks should outperform bonds over the next 12 months. Stocks overvaluation is concerning. The stock market isn’t factoring in the risk of a double-dip recession. Goldman Sachs is encouraging investors to put less money in the bond market and more into the stock market. The firm says global equities have “rarely
Read More
Retail traders on Robinhood have been increasingly seeing “fear of missing out” or FOMO rallies around certain stocks. The latest beneficiary has been the stock price of the renowned camera manufacturer Kodak (KODK) whose stock surged from $2 to $60 in one day. Therefore, given the current climate of economic uncertainty
Read More
Wall Street anticipates a vaccine by November ahead of the presidential election. Institutional investors are likely to enter the stock market as vaccines offset weak fundamentals. Nations can reopen their economies freely with vaccines, lowering the threat of a second virus outbreak. After a historic rally, the U.S. stock market has lacked conviction
Read More
Millennials are using their age to their advantage with bullish bets on the stock market. Wall Street’s billionaires are more cautious about the strength of the FOMO rally. Much of what happens next depends on whether the stimulus funds keep flowing. The stock market’s epic rally over the past two months has created
Read More
The upcoming launch of Ethereum 2.0 has investors and market participants alike speculating whether Ether is preparing for a moonshot. After the most recent correction that saw prices plummet to $191, many have claimed that the smart contracts giant hit market bottom.Santiment, a behavior analytics platform, noticed that some Reddit
Read More
Bitcoin has made immense progress since the lows seen in March.As the chart below depicts, from the lows of $3,700, the cryptocurrency has gained in excess of 150%. This rally comes in spite of the global economy, heading into recession — a recession that the Federal Reserve, the Bank of
Read More
The past 24 hours have been explosive for the Bitcoin market. Ever since breaking past $7,800 on Wednesday morning, the cryptocurrency has been in a nearly unstoppable uptrend, rallying past resistance after resistance in the $7,000s, $8,000s, then most recently, the ever-important $9,000 level.This steep uptrend comes on the back
Read More
There’s an old saying on Wall Street that financial markets are driven by two emotions, fear and greed. In the crypto markets, the driver is often a combination of the two: fear of missing out.The FOMO, as it’s often called, looked strong Wednesday as bitcoin jumped to its highest levels
Read More
13th February, 2020, Singapore – ‘Is the crypto winter over’ has been a common discussion topic amongst cryptocurrency traders over the past couple of years, as the markets have remained generally bearish in sentiment. The weekend’s BTC breach of USD10K, then the flash-crash to USD9.7K on Monday, with the subsequent
Read More
The U.S. stock market rose on Monday. Dow bulls pushed the index more than 100 points higher despite a rally in safe-haven assets. Nordea & Allianz both see a FOMO bubble forming from Fed intervention. The Dow Jones reversed early losses on Monday, grinding a step closer to 30,000 despite a spate of
Read More