The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous stock-to-flow model. Moreover, since
With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark. But a mining expert explained there may be hope for miners to make a comeback to profit. Phil Harvey, the CEO of crypto
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta Network (THETA) Theta network (THETA) was
Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. “Collapsing real wages” poke fun at payroll print Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bears kept the market in its intraday trading range. Wall Street opened with a whimper
What is the Head and Shoulders Reversal Pattern? -The stock bounces off of the support line three times, making a head and shoulders pattern -On the first shoulder, the volume is high -The volume is lower on the uptrend that creates the head -People are not voting for the stock to go up. This low
This week, Kevin Matras shows how to use the Price to Sales ratio. Highlighted stocks include GPRE, KIRK, SPR, TOWR and VVTV.
In this video David Jones explains what is the strategy price action trading and how to use it. At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead of the nonfarm payrolls report, bitcoin (BTC) was back
The average rate for the most popular type of mortgage in the U.S. fell below 5% for the first time in four months, capping the biggest two-week decline in 35 years. The national average rate for a 30-year fixed home loan dropped almost a third of a percentage point to 4.99% this week from 5.3%,
Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX). The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is
monkeybusinessimages | iStock | Getty Images It’s no secret that companies are reducing their real estate footprint. Even companies still committed to in-office work, but embracing a hybrid model, require less square footage and more use of shared office space. Now as the economy cools, and at least flirts with entering a recession, real estate
There’s a lot of speculation lately about whether the U.S. is officially in a recession. Both President Joe Biden and Federal Reserve Chair Jerome Powell said we’re not there just yet, pointing to the strong labor market and rising wages. The official declaration typically comes from the National Bureau of Economic Research, and it has
Check out the companies making headlines before the bell: Expedia (EXPE) – The travel website operator’s stock jumped 5.4% in the premarket after Expedia beat top and bottom line estimates in its latest quarterly report. Travel demand was strong, with lodging revenue up 57% from a year ago and airline ticket revenue up 22%. Block
Cryptocurrency mining firm Argo Blockchain continues to sell its Bitcoin (BTC) holdings to cut its debt to Michael Novogratz’s crypto investment firm Galaxy Digital. Argo sold another 887 Bitcoin in July to reduce obligations under a BTC-backed loan agreement with Galaxy Digital, the firm announced on Friday. With the average BTC price of $22,670, the
Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games. Playstudios will also invest $10 million in Web3 gaming companies.
press release PRESS RELEASE. In what many would agree is a groundbreaking achievement, StarHeroes recently obtained a Microsoft grant. As a result, the blockchain-based game now has access to Azure PlayFab, joining the legendary collection of games such as Forza Horizon, Sea of Thieves, and Tom Clancy’s Rainbow Six Siege. This grant is also indicative
In this article BAC RKT WFC JPM SAN-ES A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010. Simon Dawson | Bloomberg via Getty Images Banks and other mortgage providers have been battered by plunging demand for loans this year, a consequence of the Federal Reserve’s interest rate
Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets. Investigations are ongoing after attackers managed to steal some $5 million worth of SOL and SPL tokens on Aug. 3. Ecosystem participants and security firms are assisting in uncovering the intricacies of
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in