Cryptocurrency Analysis and News Portal
Crypto-based firms like Coinbase and MicroStrategy experience notable upticks on the stock market and Bitcoin rallies. Companies with significant cryptocurrency holdings or operations are experiencing a positive market response as Bitcoin rallies over the $35,000 mark on Oct. 24th. Crypto exchange Coinbase Global Inc. and corporate Bitcoin investor MicroStrategy Inc. saw their
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The Bitcoin (BTC) price surge on Monday has now catapulted Bitcoin-related stocks to surge to new highs with the likes of Coinbase and Microstrategy posting new multi-week highs.Bitcoin mining stocks saw significant gains amid the BTC price momentum with the likes of United States-listed Riot Blockchain recording an 11.69% surge
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As Bitcoin extends its rally to $35,000 clocking over 100% gains for 2023, let’s take a look at some crypto firms that have outperformed Bitcoin. The world’s largest cryptocurrency Bitcoin (BTC) has given a strong breakout earlier today hitting a new high for 2023 at $35,000. With this, Bitcoin has
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The shares of Bit Digital (BTBT), TeraWulf (WULF), Hut 8 (HUT) and CleanSpark (CLSK) rose more than 10%, outpacing their peers such as Marathon Digital (MARA), Riot Platforms (RIOT) and Hive Digital (HIVE) that rose between 5% and 9%. The only mining stock that fell, though, was Bitdeer (BTDR), which
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Until Bitcoin (BTC) breaks its long-established $25,000–$30,000 trading range, the crypto market is arguably in what some analysts have called a “crab market.” It is likely that a decisive macroeconomic or crypto-specific catalyst will be necessary to break out of it. This failed to occur in the month of September. The
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The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years. Original Source
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Stocks fell in the United States on Oct. 12 as newly released inflation data overshot expectations. The Dow Jones Industrial Average fell by 173.73 points (0.51%) to 33,631.14. The S&P 500 declined by 27.34 points (0.62%), ending the day at 4,349.61. The tech-heavy Nasdaq index lost 85.46 points (0.63%), declining
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Stock markets in the Asia-Pacific region and Europe saw gains on Thursday. This uptick was attributed to the United Kingdom’s economic recovery, China’s recent stimulus measures and expectations surrounding the United States Consumer Price Index. The Hang Seng Index in Hong Kong led a positive movement in the Asian markets.
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Xapo is also expected to expand beyond its Bitcoin-only by allowing customers to trade Ether as well. Crypto-friendly bank Xapo has been granted a securities broker license that allows it to offer its European clients the ability to trade S&P 500 stocks like Apple along with its crypto asset management offering.
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October 11, 2023US stocks rose for the fourth day in a row today, as traders waited for the consumer price index report to be released on October 12. The Dow Jones Industrial Average increased by 65.57 points (0.19%), to 33,804.87. The S&P 500 gained 18.71 points (0.43%), closing at 4,376.95.
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