Category: Crypto markets

Why TV Host Jim Cramer Just Called Cathie Wood “Kiss Of Death”

Even as Coinbase’s stock price continues to fall, American investor Cathie Wood bought the cryptocurrency exchange’s shares worth around $3 million on Wednesday. Three of Wood’s funds, Ark’s Innovation, Fintech Innovation and Next Generation Internet bought a cumulative 546,579 shares totaling $2.94 million. Low Price Scoop Up The purchase comes at a time when Coinbase’s […]

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Super Bowl And Crypto – Athletes Cashing on Digital Currencies 

This weekend, you can get ready for the “Crypto Bowl.” For the first time, advertisements for cryptocurrency firms are anticipated to dominate the commercial breaks during the year’s most important athletic event. Several cryptocurrency exchanges, including Coinbase, EToro, Crypto.com, and FTX, would likely air advertising during the Super Bowl on Sunday. However, the crypto markets […]

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Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again

Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again

LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today. Biggest gainers Following turbulence during today’s trading session, the global cryptocurrency market capitalisation was able to climb, and was around 1% higher as of writing. . […]

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Metaverse Real Estate Sales Are Expected To Reach $1 Billion By End of 2022 : Report

Real estate transactions in the Metaverse are expected to reach a billion dollars this year. According to MetaMetrics Solutions, real estate transactions on four major metaverse platforms, which totaled $501 million last year, are expected to triple this year. As reported by CNBC, real estate transactions in the Metaverse reached $500 million last year. Sales […]

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Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements

Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements

Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee […]

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Investors Spend Millions On Digital Land As ‘Metaverse’ Exposure Continues

Spending millions on an unsubstantial property might sound foolish, but virtual reality & its future predictions plunge many investors gamble on digital real estate. New York-based company – Republic Realm declared, “We have spent $4.3 million on digital land through the virtual world website – ‘The Sandbox.” People can use Sandbox to interact, play games and […]

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Cyrus Mewawalla: Big Tech Stocks Expected to Benefit From Metaverse & Crypto

Big U.S. tech stocks will bypass inflation and keep rising in 2022 thanks to several emerging technologies, according to Cyrus Mewawalla. Mewawalla, the chief of sectoral research & consultancy firm at GlobalData, says, “Tech stocks expected to make the most out of the metaverse, Web 3.0, cryptocurrencies and quantum computing.” He added, “Large U.S. tech […]

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Binance CEO Changpeng Zhao Is The Wealthiest Crypto Billionaire At $96B: Bloomberg

Changpeng Zhao, Binance CEO, is popularly known as “CZ,” holds the 1st position in the list of richest crypto billionaires. Presently, Zhao’s net worth is $96 billion. Despite Bloomberg omitting its crypto holdings, Changpeng Zhao’s net worth overshadowed Asia’s wealthiest billionaire, Mukesh Ambani. Bloomberg States: CZ is the Richest Crypto Billionaire Bloomberg claimed, “Changpeng Zhao holds the 11th grade […]

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Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value

Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value

Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news was published as stock markets roiled, crypto markets shed billions, and precious […]

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Bitcoin Dominance Sinks to Lowest Level in 3 Years as Ethereum, Numerous Competitors Gain on BTC

Bitcoin Dominance Sinks to Lowest Level in 3 Years as Ethereum, Numerous Competitors Gain on BTC

Bitcoin dominance has dropped to the lowest level in just over three and a half years since June 3, 2018, at 37%. Last year, at the end of March, bitcoin dominance hovered just above the 60% zone but since then, numerous digital asset market caps have swelled in value and gathered prominence in the market […]

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