Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link

On April 14, the price of Ether (ETH) just hit an all-time high at $2,400 and although the price has increased more than three-fold since the beginning of this year, the current speculative premium suggests, there is a lot of room for upside. Ether’s speculative premium is far from overheated While the current price of Ether is at around $2,375, the Realized Price, meaning the average price paid by all investors who are currently holding Ether is at $802. This means that current buyers of… Source link

As bitcoin hovers around all-time highs and regulators give the green light, it may finally be time … [+] for banks and fintechs to dive into cryptocurrency. getty Bitcoin has had quite a pandemic. Its value has increased 10x to nearly $60,000 per bitcoin since March 2020, and predictably, as the best-known cryptocurrency soars to new heights, institutions start to weigh in and wonder if it isn’t such a bad thing after all. It’s all happened before. As bitcoin oscillated… Source link

Herndon, VA, April 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sysorex (OTCQB: SYSX) today announced the closing of a reverse triangular merger with TTM Digital Assets & Technologies, Inc., a data center owner and operator and now, the largest U.S. publicly traded Ethereum mining company based in the United States with operations in New York and North Carolina. As a result of the transaction, TTM’s business and operations will become the core business of Sysorex as the first Ethereum… Source link

Bitcoin is currently trading at record highs of $64,500 as cryptocurrency fever spreads amid the listing of Coinbase on Nasdaq. Many believe the listing of Coinbase, which is one of the longest-running Bitcoin exchanges, will finally legitimise the industry among institutional investors. Early estimates predict that Coinbase will be faced with a valuation more than $100 billion, making it more valuable than the Intercontinental Exchange that owns the New York Stock Exchange. The price of… Source link

Follow us @crypto for our full coverage. As Bitcoin hits records and Coinbase Global Inc. goes public, ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency at long last. No fewer than eight applications for a Bitcoin ETF have now been filed with the Securities and Exchange Commission since late December, after billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. joined the list on… Source link

The first quarter of 2021 has officially ended. By most measures, Ethereum had an outstanding Q1.   The native cryptocurrency of the network, ether, outperformed bitcoin and traditional macro assets by a wide margin in terms of price, appreciating 156% over the quarter. Several ETH investment products were also launched, paving the way for greater institutional involvement in the ether markets.  The quarter also contained several milestones related to Ethereum’s technology roadmap and the… Source link

Chairman & CEO of MicroStrategy Michael Saylor speaking at a Blockchain 50 Symposium panel Forbes Building on its relatively new service letting PayPal’s 375 million customers buy, hold and sell cryptocurrency directly from their accounts, Dan Schulman, PayPal CEO, said on Tuesday that the company’s recently launched “Checkout With Crypto” service, which encourages purchases with bitcoin, ether, and other cryptocurrencies, will easily reach $200 million transaction volume… Source link

  Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 14, 2021 The oldest crypto critique just won’t go away.  Over the last decade, every critique in the book has been thrown at the cryptocurrency space.  But none is more pervasive than dismissing the excitement around these assets by simply saying — “It’s a bubble.” And yet, this is exactly what Bank of America’s latest global fund managers’ survey found most of the… Source link

Ethereum Ethereum rallied by 7.57% on Tuesday. Reversing a 0.58% loss from Monday, Ethereum ended the day at $2,299.92. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,135.9 before making a move. Steering clear of the first major support level at $2,094.02, Ethereum surged to a late intraday high and a new swing hi $2,317.3. Ethereum broke through the first major resistance level at $2,191 and the second major resistance level at $2,243 before easing back. Coming… Source link