Day: January 29, 2021

Bitcoin Rises after Elon Musk Mentions It in His Twitter Bio

boss

Musk’s recent endorsement of Bitcoin came as a shock to many as he had previously criticized the digital coin in his tweets, interviews and podcasts. Bitcoin finally saw an upward action this week after Elon Musk mentioned the cryptocurrency in his Twitter Bio. The biggest cryptocurrency which wasn’t having a great week, jumped as much as 14% in the early stages of January 29 after the namecheck by one of the most influential people on the globe.  Bitcoin’s price rose from $32,000 to $37,800 within 30 minutes, a two-week high…

Bitcoin Eyes $41,000-Retest as Two Indicators Confirms Bull Run

boss

Bitcoin bulls should brace for a wild upside run towards $41,000. According to Scott Melker, crypto trader and host of WOAS Podcast, the cryptocurrency’s sharp rebound from $32,000 to above $38,000 confirmed two textbook bullish reversal indicators: Double Bottom and Falling Wedge. Bitcoin Double Bottom Starting with the Double Bottom, Mr. Melker highlighted two consecutive troughs in the Bitcoin four-hour (4H) chart, with a moderate peak in between. Such a structure points to repeated downside rejection by bears. Meanwhile, its vitality goes up if an asset bounces back from the…

Google Scraps Over 120,000 Negative Robinhood Reviews Citing Violations

boss

Robinhood has recently been criticized for its action to halt the trading of some selected stocks and cryptocurrencies that are doing exemplary well in the market. After Robinhood halted selected stock trading and retail traders gave thousands of negative reviews on the Google Play store, Robinhood’s rating dramatically nosedived to a 1-star. However, Google LLC (NASDAQ: GOOGL) has come to its rescue by deleting over 120,000 negative Robinhood reviews citing violations related to manipulation. Hereby raising the prior rating to a 4.2-star rating. According to Google, the decision to delete…

Robinhood vs Reddit Community Battle Draws Attention of US Lawmakers

boss

Several lawmakers have expressed dissent by Robinhood’s trading ban decision on Thursday stating that more stern regulatory measures are required in such a situation. Thursday’s trading session on Wall Street was nothing less than dramatic. The madness around GameStop Corporation (NYSE: GME) stock provoked by the Reddit community led to popular trading app Robinhood ultimately banning users from putting new orders but later allowing it in a limited mode. The app only allowed users to have withdrawals or sell the stock. Well, this led to a major backlash by retail…

Red Panda Mining AMA Live Stream #8 | Let's Hope 2021 Is BETTER!

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The GPU I Like For Mining As Of Now! Subscribe to my 2nd Youtube Channel! Red Panda Mining MERCH! Subscribe to my 2nd Youtube Channel! Join Red Panda Mining’s Discord Channel! – Send Your Mining Rig Pics in Discord to be featured in upcoming Community Mining Rigs Episodes/Live Streams! My TRUSTED Crypto Mining Hardware Shops: MineShop.eu – Into ASIC Mining? NerdGearz For Crypto Mining Hardware! use coupon REDPANPAN for 2% whole order! BEST PCIE Mining Risers – Crypto Mining Software I APPROVE!…

FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement

boss

Cryptocurrency derivatives exchange FTX has listed a WallStreetBets (WSB) index quarterly futures contract in a bid to capitalize on the retail trading fervor that exploded in recent days. Announced Thursday via blog post, the basket of markets that make up the contract include stocks being targeted by the Reddit trading group – Nokia (NOK), Blackberry (BB), EMC Entertainment (AMC), GameStop (GME), iShares Silver Trust (SLV) – as well as the dogecoin (DOGE) cryptocurrency and FTX’s native token FTT. The stocks and DOGE comprise 99% of the index, while FTT accounts…

Elon Musk Changes Twitter Profile to Bitcoin, Tweets ‘It Was Inevitable’ — BTC Price Skyrockets – Bitcoin News

boss

Elon Musk has changed his Twitter profile to just “#bitcoin.” The Spacex and Tesla CEO also tweeted, “In retrospect, it was inevitable.” The price of bitcoin immediately soared. Elon Musk’s Bitcoin Twitter Profile and Tweets Spacex and Tesla CEO Elon Musk changed his Twitter profile to “#bitcoin” on Friday morning. He also made a cryptic tweet that says, “In retrospect, it was inevitable.” At the time of writing, his tweet has been liked over 152.6K times, retweeted 22.2K times, and commented on 12.8K times. The billionaire entrepreneur has about 43.8…

Roblox Suspends Stock Market Listing Because of SEC Scrunity

boss

This would not be the first time Roblox is suspending its listing plan. The Securities and Exchange Commission (SEC) of the United States has forced Roblox Corp’s hands into temporarily suspending its attempt to go public because of how it recognizes revenue in its finances. This was made known through an internal memo that was shared with workers of the company recently. According to the memo, the founder and chief executive of the firm David Baszucki said that the SEC was demanding that the gaming company be more specific and…

FB Stock Down 1% Today, Facebook Reports Better than Anticipated Q4 Earnings

boss

The recent dip in Facebook stock comes despite the company having reported better than anticipated earnings. Facebook Inc (NASDAQ: FB) stock closed Thursday’s trading session at $265.00, down 2.62%. Meanwhile, the Facebook stock had dropped further 1.22% during Friday’s pre-market to trade around $261.78 after the company revealed its Q4 earnings report. Despite having a profitable 2020, Facebook stock has been on the receiving end for the past few months. According to metrics provided by MarketWatch, the Facebook stock jumped approximately 31.25% last year, but have dropped approximately 2.99%, and…

Dogecoin withdrawals get complicated during parabolic price increase

boss

Global cryptocurrency exchanges are increasingly experiencing issues with Dogecoin (DOGE) withdrawals amid Redditors pumping the altcoin up to 900% in the past two days. On Jan. 28, a number of crypto users reported on Twitter that they were unable to withdraw their Dogecoin due to crypto exchanges temporarily halting withdrawals. The affected exchanges reportedly included some major crypto platforms like Poloniex, and reportedly Bittrex and Yobit. Some crypto users reported that they signed in on Dogecoin-supporting exchanges like Poloniex to buy some DOGE to only find out that withdrawals were unavailable shortly…