Summary: Bitcoin whales are depositing less BTC to crypto exchanges This is a possible sign of seller exhaustion by Bitcoin whales Institutional investors continue scooping up BTC Bitcoin could very well attempt a $30k all-time high Bitcoin whales are making fewer deposits of their BTC to crypto exchanges. This is according to an analysis by the CEO of CryptoQuant, Ki Young Ju, who suggested that the decrease in deposits by Bitcoin whales could be a sign of seller exhaustion. Mr. Ju also pointed out that institutional investors are continually scooping…
Day: December 28, 2020
2020 Was Game-Changer for Zoom Stock and CEO Eric Yuan
Zoom stock has skyrocketed nearly 5x this year on the backdrop of massive demand owing to the work-from-home culture and more businesses moving online. Zoom investors had a phenomenal bull run in 2020. While the entire world was gripped under the COVID-19 pandemic, it has unlocked new fortune for some companies. Especially, the tech sector has registered superb growth with offices pushing work-from-home and more businesses turning online. Zoom Video Communications (NASDAQ: ZM) is one such tech company that had a mammoth stock run this year. The cloud-based communications technology…
BEE Network New Mining app Review + Warning!!!!(don't skip!!)scam?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io So in this video I’m gonna be reviewing the new BEE App And I’m also gonna warn y’all on something about the app!! Don’t skip! for your benefit App link: 🔰MUST see WARNING first🔰 Join excelmining legit free; Join mineify: please subscribe to my channel: Click Here to sign up: To claim your Pi, follow this link And use my username (jheennina) as your invitation code. Join Thundercore mining here; claim unlimited types of Token: claim free zecash and dogecoin: Join my…
Binance launches bilateral Bitcoin European options
Crypto exchange giant Binance is set to expand its cryptocurrency trading catalog with the launch of a European-style Bitcoin (BTC) options contract. Announced on Dec. 28, the launch follows a successful testnet trial carried out back in November. The press statement also revealed that the new options contract will be priced and settled in Tether (USDT). As part of the announcement, Binance identified the growing appetite for BTC options as the reason for debuting the new product. Earlier in December, Bitcoin options crossed $1 billion for the first time with…
US IPO Boom Sees About $159 Billion Raised in 2020
While IPOs improved the public listing revenues, Special Purpose Acquisition Companies (SPACs) also saw an increased embrace in the US within the year. According to the Financial Times (FT), businesses through the United States Initial Public Offering (IPO) boom this year has been estimated to raise as much as $159 billion dollars. As reported by Benzinga, and per Refinitiv, the global estimated figure businesses raised through IPO’s was estimated at $300 billion with the FT noting that $159 billion of that figure came from US IPOs. The year 2020 can…
Ming-Chi Kuo Says Apple Car Will Launch 2025-2027 at Earliest
As the analyst has explained, Apple has not yet finalized the specifications for the vehicle. Besides, Apple has not decided on the suppliers. Apple Inc (NYSE: AAPL) has long been rumored to be developing Apple Car – an electric vehicle with a new battery design. Previously, there were reports about Apple planning to launch the car by 2021. Recently, Reuters reported that Apple is targeting 2024 for the Apple Car launch. However, Apple analyst Ming-Chi Kuo has provided other data. According to Kuo, Apple Car will arrive no earlier than…
Stock Market Reacts as Donald Trump Signs $2.3T Relief Package Bill
Just as expected, the market has reacted to this news. The S&P futures (INDEXSP: INX) recorded a surge of 0.62% right after the Christmas holiday. The shares market has gone through a lot in the past few months following the emergence of the Covid-19 pandemic that crippled the global economy and put economic activities to a standstill. The US government then promised to distribute a relief package which triggered the market to react positively for a while. Unfortunately, the proposal coming into flesh became doubtful as President Donald Trump threatened…
Zilliqa is Proving Itself to be 2020’s Dark Horse
Perhaps you’re fed up with hearing the phrase “Ethereum killer.” After all, any project that labels itself as such has a real fight on its hands. But Zilliqa, as a third-generation blockchain, is in with a shout. The Singapore-based platform launched at the end of 2017, initially as an ERC-20 token running on the Ethereum blockchain. However, since February 2020, the platform has transitioned to its own blockchain. When designing Zilliqa, Co-founder Prateek Saxena, along with Xinshu Dong and Amrit Kumar, focused on tackling crypto’s most pressing problem, scalability. Zilliqa…
Alibaba Stock Declines Another 8% amid Regulatory Pressure in China
As the year comes to an end and the final trading week of 2020 begins, Asia markets were mixed on Monday as some firms pulled in gains and others declined. Alibaba stock is in the red. Alibaba Group Holding Ltd (HKG: 9988) lost 7.98% in its stock in Monday trading as regulators in China ordered the company’s affiliate Ant Group to formulate a rectification plan for its business. As for its BABA stock on NYSE, after losing 13% in the previous trading session, at press time, BABA is down 1.85%…
BITCOIN BREAKS TOWARDS $17,000 & THIS BULL RUN IS JUST BEGINNING!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Intro 00:00 I don’t know what to say… 00:20 Do you feel the bullishness? 00:30 Quick lesson on historical data (important) 1:00 Human emotion drives BTC! 1:55 Look at this BTC prediction 2:10 Today’s move vs. 2017 3:00 Look at 2017 news vs. today’s news! 😲 3:30 Momentum reminder 5:10 6 hour chart 2017 vs. 6 hours chart now 6:10 Charts getting tricky 7:45 Macro is so helpful and here is why 9:45 Let’s dig into the 4 hour charts! 10:40 $19,000…