Sign In

Tips for Trading

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (Fed) increasing interest rates by half a point (0.5%), Bitcoin (BTC) soared by 6% to reach $40,002. Even though the leading cryptocurrency had retraced to $39,595 during intraday trading, it was still 2.46% up in the last 24 hours, according to CoinMarketCap. The Bitcoin market had been engulfed by nervousness about the repercussions …

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out? Read More »

Finder’s Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030

A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of the experts on the panel are bullish on ether, with 61% saying now is the time to buy and a further 32% saying you should …

Finder’s Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030 Read More »

Kevin O’Leary’s No. 1 money mistake to avoid during periods of high inflation

From gas prices to grocery stores, inflation is hitting Americans where it hurts: their wallets. In March, the price of consumer goods was up 1.2% since February and 8.5% year over year, according to the Labor Department’s most recent data. It seems like anywhere you look, your dollar isn’t going as far as it used to. For Kevin O’Leary, O’Shares …

Kevin O’Leary’s No. 1 money mistake to avoid during periods of high inflation Read More »

Bitcoin could hit $100,000 within a year, crypto firm’s CEO predicts

KEY POINTS Bitcoin could hit $100,000 within a year, Antoni Trenchev, CEO of crypto lending firm Nexo, has predicted. He said that bitcoin could fall in tandem with traditional financial markets as the Federal Reserve unwinds its massive stimulus policy. But eventually, a “crash” in stocks could force to the Fed back into easing, he …

Bitcoin could hit $100,000 within a year, crypto firm’s CEO predicts Read More »

Long Crypto Traders Feel Pain as Bitcoin’s Slide Leads to $430M in Liquidations

Nearly 90% of all liquidations in the past 24 hours came from traders betting on the upside. Futures traders betting on the continued recovery of crypto prices were caught in the crosshairs after bitcoin (BTC) dropped to under $40,000 in the past 24 hours. Traders racked up over $430 million in losses to liquidations, according …

Long Crypto Traders Feel Pain as Bitcoin’s Slide Leads to $430M in Liquidations Read More »

Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds

On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA Strategist Notes inflation Shock Is Worsening, Cryptocurrencies Could Outperform Bonds and Stocks Bank …

Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds Read More »

Professional Investors Believe Crypto Will Become Mainstream, Study Says

A recent survey found that professional investors believe that digital assets will become mainstream in the future. The London-based crypto hedge fund Nickel Digital Asset Management survey found that more than eight out of 10 respondents in the study of 200 institutional allocators and wealth managers said they anticipate wider use cases of cryptocurrencies. According …

Professional Investors Believe Crypto Will Become Mainstream, Study Says Read More »

Tokens pose lesser risk than gold and oil for UK investors — Survey

Out of the 2,000 responders, 24% revealed interest in investments in tokens or NFTs in 2022, which highlights a “critical tipping point” for token adoption. A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance, which is driven by factors such …

Tokens pose lesser risk than gold and oil for UK investors — Survey Read More »

23-year-old Australian buys $314k property via planned crypto investments

Loi Nguyen started his journey as an investor back in 2017 by purchasing a few hundred dollars worth of BTC, ETH and traditional stocks. In November 2021, his crypto investments outweighed his entire stock portfolio. A young resident from Queensland, Australia, played the long game of accumulating Bitcoin (BTC) and Ether (ETH) over several years …

23-year-old Australian buys $314k property via planned crypto investments Read More »