Tag: Stocks

Amazing! Bitcoin Is 2019’s Top-Performing Asset Outpacing Stocks & Oil

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By CCN: In December 2018, the mainstream media proclaimed the death of bitcoin (BTC/USD) for the millionth time. At that point, the first cryptocurrency dropped by as much as 84% from the all-time high of around $20,000 as the price plunged below mining costs. The bearish sentiment was so strong that almost no one dared to long the digital asset. Those who did, however, have been handsomely rewarded because bitcoin is 2019’s best-performing asset globally. Bitcoin Outperforms Other Assets by a Huge Margin It may come as a shock to…

Bitcoin Inches to $6,000 While US Stocks Drop

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Tuesday, May 7 — following some moderate losses yesterday, the crypto markets have rallied to break new 2019 highs today, with bitcoin (BTC) inching close to $6,000. All the top 20 coins by market cap are solidly in green at press time, with ether (ETH) and tezos (XTZ) seeing the biggest gains over the past 24 hours at press time. Both coins are up more than 8% over the day. Market visualization from Coin360 After slipping under the $5,700 threshold yesterday, bitcoin rose 4.4% to trade at $5,947 at press…

Trump Grenade Triggers Massive Stocks Sell; Bitcoin Price Slumps to $5,600

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By CCN.com: In the last 24 hours, following a strong week, the bitcoin price slipped by around $157, dropping by nearly two percent against the U.S. dollar amidst an insense stocks sell-off. The Dow Jones is set to open with a 500-point drop after U.S. President Donald Trump announced the imposition of additional tariffs on $200 billion worth of Chinese goods, leading both the U.S. and Chinese stock markets to plunge. $4 billion were wiped out of the crypto market in the past 24 hours (source: coinmarketcap.com) A slight correction…

Crypto Markets See Gentle Green, US Stocks Edge Lower at Opening Bell

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Thursday, May 2 — yesterday’s mild market movements continues, with most of the top twenty cryptocurrencies seeing mild green on the day at press time with typical growth of between 1 and 3%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 1.4% on the day and is trading at $5,455 by press time, according to CoinMarketCap. After a bullish spike at the start of its 7-day chart — with a break above the $5,500 mark on April 26 — the top cryptocurrency swiftly saw a…

Crypto Markets See Mild Green, European Stocks Report Record-Breaking Calm

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Wednesday, May 1 — after yesterday’s positive market momentum, most of the top twenty cryptocurrencies are seeing mild green on the day at press time, seeing typical growth of between 1 and 7%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 0.89% on the day and is trading at $5,399 by press time, according to CoinMarketCap. After bullish price points at the start of its 7-day chart — with a break above the $5,500 on April 26 — the top cryptocurrency swiftly saw a sharp…

Circle’s SeedInvest Takes Step Toward Tokenizing Stocks With Trading License

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Equity fundraising platform SeedInvest, which was recently acquired by cryptocurrency startup Circle, can now operate as an alternative trading system (ATS), the companies announced Friday. SeedInvest and Circle said in a blog post that the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that oversees broker-dealers and securities exchanges in the U.S., granted the crowdfunding startup an ATS license, letting it facilitate secondary trading of private equities – though notably, these equities cannot be tokenized. In particular, SeedInvest will offer its users the ability to trade equities first launched on the company’s…

Crypto Markets See Mild Green, Global Stocks and Futures Mixed as Oil Spikes

TradingBTC

Monday, April 22 — after yesterday’s mild market teeter, almost all of the top twenty cryptocurrencies are seeing mild green on the day to press time, seeing growth of between 1 and 7%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 0.4% on the day and is trading at $5,315 by press time, according to CoinMarketCap. After yesterday’s dip to below $5,260, the top coin has just reclaimed ground above the $5,300 price point — but remains shy of its intra-week high of above $5,350…

Crypto Markets Descend While Tech Stocks Surge

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Thursday, March 21 — Most of the top 20 coins by market capitalization are in the red, showing slight losses on the day, down from one to four percent. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) is trading at $4,027 at press time, down about one percent over the 24-hour period. BTC has been trading sideways as of early trading hours, following a drop to as low as $4,007 in the middle of the day. Bitcoin 24-hour chart. Source: CoinMarketCap The top altcoin Ethereum (ETH) has seen a…

Bitcoin Hits $4K for the Fourth Time in 2019, Stocks Jump Amid US–China Trade Talks

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Feb. 22 — following some red signals yesterday, crypto markets have continued to rise, with all top 20 coins up today, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC), the biggest cryptocurrency accounting for around 52 percent of crypto market, has again briefly broke $4,000 point for the fourth time this month, according to CoinMarketCap. At press time, Bitcoin is up around 1 percent, and is trading at $3,987. The oldest cryptocurrency is up almost 10 percent over the past 7 days. Bitcoin 7-day price chart. Source: CoinMarketCap The…

Abra Users Can Now Buy Stocks and ETFs Using Bitcoin

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“Investing in stocks can be a daunting, complex and decidedly exclusionary activity,” says Bill Barhydt, Abra’s CEO. To that end, his company’s mobile cryptocurrency wallet app has announced a new feature which will allow investors to purchase traditional stocks using bitcoin. The new feature is built into the existing Abra app that enables users to buy and sell cryptocurrencies. Crypto investors in the 155 countries where Abra has its presence will be able to invest in traditional stocks, such as Apple or Amazon, as well as in exchange traded funds…