Bitcoin’s Soaring ROI: Over the past 5 to 10 years, Bitcoin has displayed an exceptional surge in Return on Investment (ROI), positioning itself as a remarkably lucrative asset. The cryptocurrency’s exponential price appreciation, from a few hundred dollars per coin to reaching several tens of thousands, has outperformed traditional stocks […]
Tag: Stocks
The Cryptocurrency Market Is Gaining Momentum as Bitcoin and Ethereum Recover
The cryptocurrency market is gaining momentum as Bitcoin trades above $19k, and Ethereum stays above $1,300 after rising in trading volume and price last night. The 24-hour trading volume has increased by 19% for BTCUSD, reaching $59 billion, and 32% for ETHUSD, reaching $20 billion. According to the increase in […]
Prices of Bitcoin and Ethereum Revived with Significantly Increased Trading Volume
Bitcoin and Ethereum are showing signs of life today as trade activity for both digital assets increases dramatically after holding flat over the weekend and exhibiting minimal price movement. With a 24-hour trading volume of $40.2 billion, up over 77% today, Bitcoin is currently trading at $19k, up 1% over […]
Trading Is Still Sideways as the Price of Bitcoin Oscillates at $19,000 While Ethereum Dares to Push Over $1,600
With minimal movement in the price of Bitcoin, cryptocurrency markets maintain their sideways trading patterns, while Ethereum continues to hold around the high $1,500 range. The fact that the market valuation of all cryptocurrencies is still less than $1 trillion indicates that the bears are still in charge. As word […]
While Holding the $21K Level, Bitcoin’s Price Fluctuates With An Increased Trading Volume
The bitcoin market today is still unchanged, and the price continues trading in the same range. Little has changed in the price of Bitcoin and Ethereum during the last day. The price of BTC holds support despite falling to a low of around $21k last week. The increase in trading […]
BTC Transaction Fees Dip Below $1, Bitcoin’s Price Drops to $21,000
Because they could not hold the support levels, bitcoin prices fell last week after trading in the $24k range for several weeks. The bitcoin price has now been trading at the $21k zone, where it has remained all weekend. The 24-hour trading volume for Bitcoin, Ethereum, and other key crypto […]
As the Cryptocurrency Market Corrects, the Prices of Bitcoin and Ethereum Drops By 9%
Bitcoin is trading at $21.3k after rejecting the $25k range and losing momentum since last night. Ethereum prices are down about 10% this Friday. With an 8% decline, the general Cryptocurrency market is trying to stay over the $1 trillion market cap threshold. Surprisingly, the sudden price drop coincides with […]
Ethereum Price Rises Past $1,900, Nearing 3-Month High Amid CPI Data Release
Ethereum prices rose past $1,900 today, nearing 3-month highs. After yesterday’s release of the CPI (Consumer Price Index) data for July, which revealed no change last month, cryptocurrencies like Bitcoin and Ethereum saw significant upside this Thursday. Combined with the upcoming network merge for Ethereum, ETHUSD continues to outperform Bitcoin […]
Ethereum Price Drops to $1,500, Crypto Market Faces Correction
Ethereum’s price fell by 4% on Monday as the cryptocurrency failed to hold the $1,600 support, currently trading at $1,500. While ETH’s price declined by several percent over the past day, its trading volume saw an increase of over 15% in the past 24 hours, suggesting plenty of market momentum […]
Stocks Open in the Green Amid Earnings Season, Housing Market Shows Signs of Cooling Down
Despite rumors of the Fed potentially increasing interest rates by 100 basis points next week, the U.S. stock market opened in the green today, with the S&P 500 increasing by 30 points and the Dow Jones rising by over 185 points. Cryptocurrency markets continue their pump, with the Bitcoin and […]
Top 5 Artificial Intelligence Stocks to Watch in 2022
Contrary to popular belief, artificial intelligence stocks are less common. While more common than Quantum Computing stocks, companies are currently attempting to increase these capabilities by creating AI-specific chips and computers that allow them to automate increasingly complex operations fully. Artificial intelligence is used by businesses primarily in two ways: […]
Top 5 Quantum Computing Stocks to Watch in 2022
As investors are still very much skeptical due to the most recent Federal Reserve update and the dreary, long-overdue decline in the cryptocurrency market, tech companies may now provide an intriguing chance. In light of this, keeping an eye on quantum computing stocks, supercomputer tokens, and distributed computing cryptocurrencies could […]
Lufthansa Booted Out of DAX Stock Index After 32 Years
Lufthansa AG, the largest airline in Germany and the second-largest carrier in Europe, has lost its spot in the top division of Germany’s stock exchange, also known as the DAX 30 index. The index is a ranking of the top 30 German companies by market capitalization, in which Lufthansa has […]
5 Simple Tips for How to Invest in Stocks
Contrary to popular belief, it’s not that difficult to find and buy stocks. The difficult part comes when it’s time to choose well-performing companies that have been winning on a consistent basis. This requires a special set of skills, the absence of which leaves you searching for stock tips, just […]
Italy and Spain ban Short-selling Stocks to Keep the Markets Afloat
Most financial markets are taking a beating due to the novel coronavirus. In Spain and Italy, short-selling of stocks is now officially prohibited by law. This measure is taken to reduce the chances of inciting market panic. Banning Short-Selling is Another Bailout For the past week or two, all stock […]
Best Stocks to Hold for the Long Term
One of the best ways to build wealth is investing in the stock market. While the bull market that started during the Great Recession appears to be over, the stock market has historically returned about 10% annually. There are years that the market will be down, and there are years […]
Bitcoin Price Stagnates at $5,878 as the Dow Jones Drops by Over 500 Points
Bitcoin continues to break new all time highs for 2019 day after day, currently trading at $5,929 and inching closer to the $6,000 resistance level. As discussed in our previous Bitcoin price analysis article, BTC/USD is starting to follow the same pattern as the stock markets which could signal that […]
Bitcoin Price Watch: Could the Currency Reach $19,000 Again?
At press time, the father of cryptocurrency is trading for over $6,400, meaning it’s virtually unchanged since our previous price article. The currency – once again – appears trapped in the low to mid-$6,000 range, and it’s unclear if the bulls have enough power to last the rest of the […]