Sawitree Pamee / EyeEm/Getty Images Institutional interest in bitcoin sets the latest bull run apart from 2017’s retail-driven surge, Goldman says.  The head of digital assets has had over 300 conversations with institutional clients about bitcoin.  Much of the institutional demand has been driven by fears around asset devaluation. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Institutional interest in bitcoin sets the latest bull run apart from 2017’s… Source link

Ethereum recaptured a key resistance mark at $1,687, a level that had not been breached since the broader market pullback in late-February. Monero lacked the trading volumes and buying intensity to flip the 38.2% Fibonacci retracement level. Lastly, FTX Token eyed a rise above its overhead resistance but the indicators presented the chances of a short-term reversal. Ethereum [ETH] Source: ETH/USD, TradingView Ethereum retook the $1,680 level from the bears thanks to a surge of 6% in the… Source link

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, March 8, 2021 /PRNewswire/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE:HP) (Frankfurt:27H) (OTC:HLLPF), a provider of international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it has entered into a letter of intent (the “LOI”) with Shanghai Yitang Data Technology Co. Ltd. (“Yitang”) to acquire: (a) an… Source link

Refinery29 Like It Or Not, Yoga Pants Are Making A Comeback A decade ago, I wouldn’t have been caught dead in a pair of skin-tight bike shorts. Yoga pants, though, now that was a silhouette I could rally behind. Fitted at the top, loose at the bottom — they were the perfect combination of flattering and comfortable. I wore them daily, one leg tucked into my salt-stained UGG boots, the other falling casually over the boot’s rounded toe. Somewhere along the way, I, like many others, filed… Source link

Monero is one of the rare cryptocurrencies in the market cap top 50 that ended up posting week-over-week price losses as it underperformed the surging crypto market Fundamentals and past price performance Monero has lacked initiative in terms of upwards price action in the last week as the market finally bounced back up. However, not all is lost for XMR, as its price is seemingly creating a solid technical formation on the daily chart. When it comes to its fundamentals, nothing major (or… Source link

Bitcoin has erased Sunday’s gains as stock markets struggle to cheer progress on U.S. fiscal stimulus efforts. The cryptocurrency is changing hands just over $50,150 at press time, representing a 1.55% drop on the day, according to CoinDesk 20 data. Prices had jumped from roughly $49,000 to $51,800 on Sunday as the U.S. Senate approved President Joe Biden’s $1.9 trillion stimulus plan. The bill now heads back to the House for clearance. Traditional markets gave mixed reactions early today,… Source link

Meitu, a tech firm known for a popular photo-editing app, said Sunday that it bought some $40 million worth of cryptocurrency. That includes about $18 million worth of bitcoin and more than $22 million worth of etherium. “Cryptocurrencies have ample room for appreciation in value,” the company said in a filing to the Hong Kong stock exchange. Meitu added that buying the cryptocurrencies helps the company diversify its cash holdings, and said it showed that the firm wants to “embrace… Source link

Ethereum Ethereum rose by 4.63% on Sunday. Following an 8.05% rally from Saturday, Ethereum ended the week up by 21.55% to $1,728.22. Relatively range-bound through most of the day, Ethereum fell to an early afternoon intraday low $1,631.07 before making a move. Steering clear of the first major support level at $1,559, Ethereum rallied to a final hour intraday high $1,735.00. Ethereum broke through the first major resistance level at $1,698 to end the week at $1,700 levels. At the time of… Source link

Bitcoin, after roaring into 2021, has now plateaued at around $50,000 per bitcoin, with the price more-or-less treading water over the past week. The bitcoin price, up almost 500% since this time last year, has exploded higher amid a combination of Wall Street institutional adoption, corporate interest, and retail traders piling into the market—and some think it could have a lot further to run. Now, recent market data has shown the bitcoin price gap between crypto exchanges Coinbase… Source link

MicroStrategy, Tesla and Square have done it. So have many others, although more quietly.   I’m talking about holding corporate treasury reserves in bitcoin. This trend is attracting attention even from trade press. Consultancies and crypto companies are scrambling to launch services to help businesses navigate the process. “Mad Money” host Jim Cramer thinks it’s “almost irresponsible” for companies to not do so. This week, sponsored content from Deloitte explaining the benefits… Source link