Saturday, October 31, 2020

Cryptocurrencies Score Gains as Payment Giant Enters Market

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Summary Paypal (PYPL) to begin offering crypto payment service.Bitcoin (BTC) rose more than 10% to new 52-week highs.
Ethereum and Bitcoin Cash Surge as Cryptocurrency Rally Widens

Ethereum and Bitcoin Cash Surge as Cryptocurrency Rally Widens

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Altcoins like Bitcoin Cash and Ethereum are ripping today as buying seems to widen in the cryptocurrency space. Ethereum...
Netflix Hammered But 5G Hopes Boost Chips: Earnings This Week

Major Cryptocurrencies Form Hammer Pattern

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Summary Cybercriminals hack KuCoin Crypto ExchangeBitcoin (BTC) and Ethereum (ETH) continue to consolidate recent gains.Precious metals underperform major cryptocurrencies...

Choppy Price Action Is Still the Trend in Cryptocurrencies

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Summary Cryptocurrencies were flat on the week, as range-bound action persists.Bitcoin (BTC) held onto price support near the $9,000 level.Concerns...
What's Behind the Boom in DeFi and Cryptocurrencies?

What’s Behind the Boom in DeFi and Cryptocurrencies?

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Stocks aren't the only market setting new records these days. There's also a huge boom taking place in decentralized finance or DeFi.

From Jerome Powell to $10,000 Bitcoin, a Lot Just Happened With Cryptocurrencies

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Several big things just happened with cryptocurrencies, and they all seem bullish. Bitcoin (BTC) closed above $10,000 for the...

Cryptocurrencies Remain Strong as Industry Legal Hurdle Cleared

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Summary Grayscale obtains SEC reporting company status for Ethereum (ETH) trust.Bitcoin (BTC) price action remains strong after large investment...
Big Events and Key Movers to Watch as June Begins

Big Events and Key Movers to Watch as June Begins

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Stocks are back above a key level, but will they stay there? The S&P 500 rose 3 percent in...
Another 'Golden Cross' Is Coming This Week

Crypto Bulls Step in at Support

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Summary Bitcoin (BTC) and Ethereum (ETH) find support.Precious metals and cryptocurrencies continue to trade in tandem.The Federal Reserve signals...
Fintechs Like Square and PayPal Seem to Be a New Hot Spot This Year

Bitcoin Rips Higher on Square News

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Summary President Donald Trump’s tweet about a suspension of stimulus talks sent world markets seesawing.Square (SQ) converted $50 million...
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