Cryptocurrency Analysis and News Portal
JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.Many crypto analysts and enthusiasts have remained giddy and shown a positive outlook to the news of Tesla’s acquisition of the leading crypto asset Bitcoin. However, leading financial
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The additional funding will go towards the acquisition of more miners, expanding infrastructure and boosting working capital. Source
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Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency holders. Despite these features, this week’s record-high gas fees show that the sector is still having growing pains and the absence of a
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Ethereum has seen some strong momentum throughout the past few days, with buyers taking control as its price now hovers firmly above $1,400 The selling pressure in this price region has been dissipating with each visit, signaling that bulls could be on the cusp of sparking a breakout rally Where the market
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The ether trust had been closed in late December. Source
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Metro-Goldwyn-Mayer (MGM) is already set to make a movie telling the week-old story of a group of retail investors from social media platform Reddit who took on the financial might of Wall Street.According to a report from Deadline on Sunday, MGM acquired the movie rights to a book proposal known
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India’s cryptocurrency investors were caught off-guard and left confused after news broke that the country’s Parliament will be considering a government-backed bill that would ban “private” cryptocurrencies. Given the ruling party controls both houses of Parliament, the bill’s chances of becoming law are good.The Cryptocurrency and Regulation of Official Digital
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The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street.It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME) stock to counter
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The survey data shows that cryptocurrency investing is becoming more diverse, said Gemini in its new trends report. Source
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The strong advertising revenue comes from Microsoft’s LinkedIn social network. This also indicates a strong uptick in advertisers’ activity leaving the pandemic woes behind.On Tuesday, January 26, Microsoft Corporation (NASDAQ: MSFT) announced its Q4 2020 results exceeding analysts’ expectations. The company announced a solid $2.04 earnings per share against the
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