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Bitcoin is eyeing all-time highs for the third time this year as the cryptocurrency keeps advancing today for the fifth consecutive day despite hedge funds managers seeing long positions in BTC as one of the most crowded trades in the markets right now. Bitcoin (BTC) accumulates a 10% gain in only 5 days after the…
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Every month Bank of America (BoA) conducts a global fund manager survey. The December survey findings show that the stock markets could be headed for a pullback based on the cash levels that fund managers are holding. The Band of America surveyed 190 fund managers with cumulative assets of $534 billion. The monthly survey is…
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Looking for a low-cost broker for stock, forex, and cryptocurrency trading? CedarFX is a new broker established in 2022 that offers zero-commission CFD trading on over 170 different assets. The platform is incredibly cost-effective, offers powerful trading tools like MetaTrader 4, and gives you access to higher leverage than most of its competitors. So, is…
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US stock futures are starting the week on an upbeat tone as investors appear to be optimistic about the impact that vaccinations will have on the country’s economic outlook. E-mini futures of the value-focused Dow Jones Industrial Average are leading today’s uptick, advancing 244 points – or 0.82% – so far during the European futures…
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Tesla is halting the production for its Model S and X a leaked internal email showed. It is also going for a year-end push to boost the sales of its Model 3 and Model Y. Tesla expects to sell half a million cars this year. The company maintained its original 2020 guidance despite its production…
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NIO stock was trading sharply lower in early trading today after the company announced an ADS (American Depository Shares) issue, its third for the year. Over the last week, other electric vehicle producers have also announced share issuance. While NIO stock has come off its recent highs, it is still up over 1,000% for the…
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Facebook shares closed 1.9% lower yesterday in line with the fall in the Nasdaq Index. The Federal Trade Commission (FTC) and a group of 48 state attorneys general have filed two lawsuits accusing it of monopoly and calling for a break-up of the social media giant. To be sure, lawmakers have been uncomfortable with Big…
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GameStop stock was trading sharply lower in pre markets today after its earnings release failed to cheer markets. While the company posted a narrower than expected loss, its revenues missed estimates. It also announced a share issuance plan to raise capital. GameStop released its fiscal third quarter 2020 earnings for the quarter ended October 31…
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Until quite recently, bitcoin mining was mostly done by massive computers that can run complex algorithms. These computers are responsible for the constant issuance of new bitcoins, the confirmation of new transactions on the blockchain network, and the security of processing new coins. But now, as technology is moving forward at an unstoppable pace, new…
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Hundreds and hundreds of platforms such as British Bitcoin Profit have spread, but for years this BOT has dominated the market we are talking about: crypto currencies. According to the extremely positive British Bitcoin Profit Trustpilot reviews on the web, the BOT’s claimed 88% accuracy is absolutely true, and can make you thousands and thousands…
