Stock Market

More than 55% Bitcoins ending in delivery; long term investors holding BTCUSD

Bitcoin survived the Death Cross pattern formed on the four-hour timeframe earlier. The consolidation and the indecisiveness proved to be beneficial for BTCUSD. US benchmark index, the Dow Jones Industrial Average or DJX, gave a good start to the final...

BTCUSD price analysis: Technicals suggest Bitcoin’s further consolidation

The recent drop from $10,000 resulted in BTCUSD moving within a range. Although the massive selling pressure has reduced, investors are staying away from making significant investments in Bitcoin. Bitcoin's drop resulted in people selling of Ripple and Ethereum...

ETHUSD in a crossfire between BTCUSD and Wall Street | Ethereum price analysis

Wall Street recovered significantly on Friday after a disastrous decline on Thursday. The drop on Thursday was felt in the cryptocurrency market as well. The top cryptos such as BTCUSD, ETHUSD, LTCUSD, etc. dropped as investors started to flee and...

BTCUSD reality check: Bitcoin might lose the crypto king title

The Wall Street crash on Thursday caused havoc among the BTCUSD investors as well. Before the crash, several analysts claimed that Bitcoin was on the path to $14,000 soon. These same analysts are now claiming further decline for BTCUSD. People...

BTCUSD: insane jump past $10,000; falls soon after sellers dump their Bitcoin holdings

BTCUSD did it again. It made an insane jump past the $10,000 mark yesterday. Unlike its previous rise on June 1, there was nothing unusual about this spike. The traded volumes of BTCUSD increased dramatically. It pushed the Bitcoin price...

BTCUSD v/s stocks: Growing interest in Wall Street for Bitcoin

The Financial Markets are not unaware of BTCUSD anymore. Bitcoin always gets its share of criticisms and support from the conventional stock markets. Even the giants from Wall Street are not able to stop talking about Bitcoin. World's biggest investment...

Dow Jones gives a spectacular 700 point jump on open, BTCUSD slides more than 1%

If May was the month of the scary unemployment figures, the first week of June has brought a beam of joy with a sharp increase in employment reports. The brilliant employment stats that came late on Thursday immediately reflected on...

Investing in Bitcoin v/s Investing in Gold

There is always an ongoing debate on which asset is the best for investments. The discussion is more profound now than ever before. Investing in assets that appreciate is the need of the hour. The Coronavirus pandemic forced the shutdown...

Bitcoin is a hedge against deflation, and not inflation | Comparison between BTCUSD and XAUUSD

The last recession occurred when the US Housing market started collapsing in 2007. The tremors were felt in the financial markets all over the world in 2008. The central banks had to resort to stimulus packages and bailouts by...

Latest News

South Korean Telecom firm proposes the use of blockchain for phone insurance.

The South Korean-based telecommunications firm, SK Telecom, announced a blockchain-based document submission process for mobile phone insurance. This new...