Bitcoin was higher, appearing to mount a fresh run toward the all-time high near $20,000. The largest cryptocurrency slid 1.3% in the seven days through Sunday, snapping a seven-week winning streak. As November draws to a close, bitcoin is up 37% just this month, its best performance since May 2019. “Even if the market has some froth, bitcoin fundamentals look sound,” the blockchain research firm Chainalysis wrote in a report. In traditional markets, European shares were steady and U.S. stock futures pointed to a lower open as investors turned cautious…
Tag: Call
Uniswap ‘community call’ will discuss extending liquidity mining rewards
Leading decentralized exchange (DEX) Uniswap has announced an “unofficial community call” set for Nov. 12 at 12 noon ET. The call is scheduled to discuss several core governance issues central to Uniswap, including the future of its liquidity mining program. After a slew of rival DEX clones sought to siphon away Uniswap’s users through exorbitant native token rewards to liquidity providers during the DeFi boom, Uniswap retroactively airdropped its native token UNI to users and launched its own liquidity mining program in mid-September. Uniswap’s current liquidity mining program is scheduled…
Critics grumble as YieldWars uses AP election call as an oracle
Following the Associated Press’ call earlier today that President-elect Joe Biden had won victory over incumbent Donald Trump in the U.S. presidential race, the 174 year-old organization — which has been covering elections since 1848 — subsequently published their call on the Ethereum and EOS blockchains, triggering at least one prediction market outcome. However, some have expressed skepticism about the validity of using such a call as an oracle, raising broader questions about certainty and determinism in smart contract-based prediction markets. On Oct. 15, 2020 Everipedia — the for-profit encyclopedia…
Powell’s Call for More Stimulus Is Code for Buy Bitcoin
The major reason why the economy took a down-plunge was as a result of the COVID-19 pandemic, the move to stock up on Bitcoin as a hedge against the imminent economic crash now seems to be a smart step. Bitcoin advocate Tyler Winklevoss has weighed in on the speech of the Federal Reserve Chairman Jerome Powell in which he called for more stimulus to be finalized by US lawmakers in order to aid the ongoing economic recovery. ‘The current economic downturn is the most severe in our lifetime. It will…
Bitcoin Price Surged to 16-Month High, Call for Increased Adoption?
Usually, when Bitcoin is making impressive moves, many who has FOMO may take a dive into storing up on the coin, while this may complement the recent moves, its impacts may not be long-lasting. Bitcoin (BTC) price has a surge that raises its price to a 16-month high following the announcement that PayPal Holdings Inc (NASDAQ: PYPL) has launched its long-anticipated crypto payment service that will aid merchants to receive payments for goods and services in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). Bitcoin price has seen…
Virgin Galactic Shares Up 1.5%, SPCE Stock Bullish Call Gets Rebuffs
Virgin Galactic (SPCE) stock closed 24.83% higher on Monday and rose 1.56% in pre-market today. Following a Coinspeaker report on the bullish call on Virgin Galactic Holdings Inc (NYSE: SPCE) stock price by Bank of America Corp (NYSE: BAC), two analysts have expressed an almost antagonistic price call for the stock. Per the report from CNBC, Nancy Tengler, chief investment officer at Laffer Tengler Investments, noted that the customer base may not be there for Virgin Galactic (SPCE) to make good of the bullish stock price call previously placed by…
Bitcoin Expects to Hit Yearly Highs on UBS’s Bullish Gold Call; Here’s Why
Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to trade in tandem since March 2020. Both gold and Bitcoin receive their cues from the same set of fundamentals: the global central bank policies in response to the coronavirus pandemic. The correlation between Bitcoin and Gold since March 2020. Source: TradingView.com The correlation between Bitcoin and Gold since March 2020. Source: TradingView.com That includes ultralow…
SPCE Shares Up 19% Following Analysts Bullish Call on Virgin Galactic
At the time of writing, as the market opened, Virgin Galactic (SPCE) shares are 19.26% up, trading at $19.60. The shares of Virgin Galactic Holdings Inc (NYSE: SPCE) has risen in the pre-market following a boosted share price call by the Bank of America Corp (NYSE: BAC). Per reports from CNBC, Virgin Galactic (SPCE) shares received a buy rating, not only from Bank of America analysts led by Ron Epstein but by the likes of Morgan Stanley (NYSE: MS), Vertical Research Partners, Cowen Inc (NASDAQ: COWN), UBS Group (NYSE: UBS),…
Apple (AAPL) Shares Drop 6.7% after Pessimistic Call from Goldman Sachs
Despite yesterday’s 6.7% plunge, Apple (AAPL) stock is up in the pre-market. Now investors want to know whether they need to listen to the pessimistic opinion of the analyst about AAPL shares. The shares of tech giant Apple Inc (NASDAQ: AAPL) closed with a drop of about 6.7% yesterday following a pessimistic call from Goldman Sachs analyst Rod Hall. Hall which gave Apple (AAPL) stock a sell rating back in April has also taken a position that has caused a plunge in the shares of Apple (AAPL). In a note…
Will Joe Rogan Have The Guts To Call Out Spotify For ‘Censorship’?
“The Joe Rogan Experience” made its debut on Spotify yesterday. Some of the ‘controversial’ episodes didn’t make the cut. But will its outspoken host have the guts to call out his new employer? It looks like Joe Rogan has been censored. Rogan, who has a history of denouncing social media censorship, as seen below, just found his most “controversial” episodes omitted from the Spotify platform. After a ground-breaking $100 million deal with the streaming giant, one has to wonder if Rogan has that same energy for his new bosses…or if…