Ether prices dropped to a three-month low today. (Photo by Jordan Mansfield/Getty Images) Getty Images Ether prices have suffered some notable declines recently, dropping to their lowest in more than three months today. The second-largest digital currency by market value declined to as little as $3,300.44 this morning, CoinDesk data shows. At this point, the… More
Topline Shares of GameStop skyrocketed in after-hours trading Thursday after a report laid out some of the company’s plans to build out a division to buy, sell and trade the buzzy digital collectibles known as non-fungible tokens, reversing recent losses for last year’s hit meme stock as the brick-and-mortar game seller doubles down on the… More
If you own any Treasuries, take a grim look at what’s left after inflation and taxes. Inflation has already crossed the 6% mark. Are we going to see 7%? What does that do to savers? My answers are “Yes, soon” and “They get slaughtered.” The inflation rate, as measured by the one-year gain in the… More
Topline Cardano’s ada token plummeted to its lowest price in more than three months on Wednesday after popular retail-trading platform eToro announced plans to delist the cryptocurrency in the United States due to regulatory concerns—making ada the latest victim of the murky regulatory waters that have repeatedly pummeled the nascent crypto market. Cardano’s ada has… More
If Bitcoin rises above $60,000, select altcoins such as AVAX, MATIC, EGLD and MATIC may remain strong. Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins.One of the… More
President Joe Biden (Photo by Win McNamee/Getty Images) Getty Images Here’s how to apply for limited student loan forgiveness. Here’s what you need to know. Student Loans The biggest news in student loans over the past month has been the major changes to student loan forgiveness. President Joe Biden and the U.S. Department of Education… More
New ecosystem partners, attractive creator incentives and the successful completion of a $93 million funding round are a few reasons why SAND has rallied 393% in the past two weeks. The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new… More
Topline As the surge in oil prices continues amid increasing demand and a supply crunch that has driven up prices for all types of fuels, energy stocks are soaring—in some cases, notching triple-digit returns—while several U.S. oil tycoons watch their net worths spike. Several U.S. billionaires have seen their net worths jump considerably as the… More
(Photo illustration by Chesnot) Getty Images Bitcoin (BTC) has been on the rise since trading as low as 29,283.97 on July 20. Based upon its September close of 43,438.50 my proprietary analytics shows a risky level for October at 57,814. This level was exceeded in today’s trading. Gapping above its quarterly pivot at 45,713 on… More
Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR. Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the strong recovery in cryptocurrencies… More
getty Mercifully, it’s the final trading day of September. While the market did not have a correction per se, it was a turbulent month, even by September’s standards. Before the market’s open on September 30th, the Dow DOW was down 2.7% for the month, the S&P 500 was down 3.6%, and the Nasdaq NDAQ was… More
Even in a red market, solid gains can be made. Here’s how Cointelegraph’s unique trading tools highlighted the assets with the strongest historical outlook. Last week was challenging for crypto traders, with Sept. 24’s FUD-triggering crypto-ban news out of China wiping out much of the gains investors managed to rake in earlier in the week.… More
Market corrections are scary, but savvy altcoin traders also know it is an opportunity to secure hefty gains — here’s how. Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the… More
Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices. In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon… More
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able… More
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