TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link

FUYANG, CHINA – MARCH 13, 2021 – A view of bitcoin, Fuyang City, Anhui Province, March 13, … [+] 2021.PHOTOGRAPH BY Costfoto / Barcroft Studios / Future Publishing (Photo credit should read Costfoto/Barcroft Media via Getty Images) Barcroft Media via Getty Images Cryptocurrencies hit the big time in January, but doesn’t mean they are money. Not yet anyway. In January the cryptocurrency market hit a major milestone. The market value exceeded $1 trillion in value, with Source link

Visa Inc. headquarters in Foster City, California © 2020 Bloomberg Finance LP Visa is piloting transaction settlement in stablecoins on the ethereum blockchain.  Credit card provider Visa today announced it accepted the first settlement payment in U.S. Dollar Coin (USDC), a cryptocurrency pegged to U.S. dollar in a 1:1 ratio, from its global crypto wallet partner Crypto.com over the ethereum blockchain. This marks the launch of a pilot which would allow Crypto.com to settle a… Source link

Bitcoin (BTC) starts a new week in all-too-familiar territory with all-time highs just out of reach. After a positive weekend, the largest cryptocurrency has avoided a deeper price dip than that seen last week, and $50,000 has stuck as support. What next? Cointelegraph takes a look at five factors which may shape Bitcoin price action in the coming days. Stocks set for crunch moment Monday will form an interesting open for U.S. equities as fears mount over the impact of Friday’s $20 billion… Source link

Ethereum Ethereum fell by 1.58% on Sunday. Reversing a 0.82% gain from Saturday, Ethereum ended the week down by 5.45% to $1,686.92. A mixed start to the day saw Ethereum rise to a late morning intraday high $1,725.71 before hitting reverse. Falling short of the first major resistance level at $1,742, Ethereum slid to a late intraday low $1,662. Ethereum fell through the first major support level at $1,676 before a partial recovery to $1,680 levels. At the time of writing, Ethereum was down by… Source link

Bitcoin Bitcoin, BTC to USD, fell by 2.72% in the week ending 28th March. Reversing a 2.85% gain from the previous week, Bitcoin ended the week at $55,780.0. A mixed start to the week saw Bitcoin rise to a Monday intraweek high $58,525.0 before hitting reverse. Falling well short of the first major resistance level at $61,935, Bitcoin slid to a Thursday intraweek low $50,350.0. Bitcoin fell through the first major support level at $54,706 and the second major support level at $50,412. Steering… Source link

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Share Tweet Share Share Share Email Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. The exchange Barra had with analyst Adam Jonas of Morgan Stanley on Feb. 10 was highlighted in a March 26 article on the cryptocurrency and investing news website Coin Quora. During the call, according… Source link

Bitcoin, after surging through the first couple of months of the year, has lost momentum in March. The bitcoin price, up almost 500% since its latest bull run began in October, climbed to an all-time of just over $60,000 per bitcoin this month but has stopped breaking fresh ground with the regularity it did through January and early February. Now, with historical bitcoin price data showing March losses are often followed by an April rally, bitcoin traders and investors are feeling… Source link

Bitcoin has been on a tear in 2021, and if history is any indication, we should expect bitcoin to continue to run well past the six figures mark, and to $200,000 and beyond in 2021. The Halving Cycle Dynamic, Programmatic Price Action While the typical skeptic will shout from the rooftops, “Bitcoin is nothing more than a speculative bubble!” and how there is “No intrinsic value, Bitcoin is just tulips!,” these critics clearly have not done much critical thinking or research on the… Source link