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GameStop Profitable For First Time In Years Even As Everything Seems On Fire
22.3.2023
GameStop shocked investors, and anyone else who’s been paying attention to the meme stock video game retailer, when earlier this week it reported its first profitable quarter in over two years. It’s all the more surprising considering that everything else about the business, from botched pre-orders...
Cathie Wood’s ARK sells Coinbase stock for the first time in 2023
22.3.2023
The sold amount accounts for 9% of all Coinbase shares bought by ARK Invest so far this year, and about 23% of COIN acquired in March
Microsoft Says 10 Years Is Plenty Of Time For Sony To Make Its Own Call Of Duty
21.3.2023
As regulators approach their deadline to approve or reject Microsoft’s $69 billion acquisition of Activision Blizzard, those for and against the mega merger are filing every last argument they can think of to try and sway the outcome. My favorite one yet involves Microsoft telling Sony to quit...
Conflux price begins forming bullish pattern on lower time frame – Avorak AI flashes buy signals
21.3.2023
Conflux has been drawing the attention of traders and investors lately due to its recent price movements. Over the past few weeks, the Conflux price has formed a bullish pattern on the lower time frame, indicating an upward trend. Avorak AI recently signaled potential in buying CFX, further...
Crypto Fear and Greed Index hits highest level since Bitcoin's all-time high
21.3.2023
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago
Bitcoin Price Prediction As BTC Approaches $30,000 Level – Can BTC Hit a New All-Time High in 2023?
20.3.2023
Bitcoin, the world's most renowned and largest cryptocurrency, has sustained its recent upward trajectory, surging to $28,527 on Monday morning. Within the last 24 hours, BTC has risen by over 4%, and in the past week, it has gained over 28%, solidifying its status as one of the top-performing...
Avorak AI detects Theta Network price forming bullish divergence on higher time scales
20.3.2023
AI systems are adept at detecting patterns and trends not apparent to human traders in financial markets. In recent developments making Theta news, an AI-powered system, Avorak AI has detected a potentially bullish Theta price in 2023. This prediction could indicate a promising trend in the digital...
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...
Elon Musk tweets again! This time, Cardano (ADA), Dogecoin (DOGE), and TMS Network (TMSN) presale benefit
20.3.2023
CNBC’s “Mad Money” host, Jim Cramer, came in for some flak in recent weeks after the markets did the opposite of Cramer’s predictions. Elon Musk added his voice to Cramer’s criticism and tweeted about “Inverse Cramer” investing: do the opposite of what...
Bitcoin crossed $28k, Aiming at $35K for the first time since last July
20.3.2023
Bitcoin was trading around its 52-week low in December 2022; it started to rally from a low of $16K at the beginning of this year. Now BTC price has crossed $28K for the first time since June 2022. At the time of writing this post, the price of Bitcoin is trading around $28,344. It has …
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
19.3.2023
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market...
Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains
18.3.2023
At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time...
Biggest Movers: ETC up 12%, as SOL Nears 1-Month High
18.3.2023
Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The global market cap is trading over 3% higher at the time of writing, as investors continue to buy crypto following the recent banking crisis. Solana was also higher...
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,800 as BTC Nears $28,000
18.3.2023
Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Fed’s decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the likes of Silicon Valley Bank collapse. Bitcoin neared $28,000...
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
17.3.2023
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers
Resident Evil 4 Remake Sounds Like A Repeat Of An All-Time Classic
17.3.2023
The Resident Evil revival marches on with a vengeance. Early praise for Resident Evil 4 remake makes it sound like the best game of 2023 so far. While not everyone is as impressed as those who think it’s an early GOTY contender, It appears to be a modernized version that’s still true to the spirit...
Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s
17.3.2023
The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number is among the highest in the history of Argentina...
Binance Coin Price Prediction as BNB Pumps Up 17% in a Week – Time to Buy?
16.3.2023
It’s been a big week for BNB, the cryptocurrency that power’s the Binance Smart Chain. After tumbling to two-month lows late last week in the mid-$260s amid generalized risk-off across asset classes amid concerns about US bank failures, BNB has seen a stunning rebound....
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US credit crunch means it’s time to buy gold and Bitcoin: Novogratz
16.3.2023
The Galaxy Digital CEO predicts tough times ahead for the U.S. economy, but continues to be bullish on crypto
U.S. Federal Reserve’s Real-Time Payments System Coming In July
15.3.2023
The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages