Stocks

Cryptos have a history of sharp price movements, and when the stock market does well, it often increases investors' confidence in other areas, like crypto. With the right market conditions, some cryptocurrencies could see massive growth soon. And as the stock market continues to rise, many investors are looking at cryptocurrencies for their next big opportunity.  In this guide, we’ll explore five cryptocurrencies that are expected to explode next, including popular cryptocurrencies like Bitcoin and Ethereum and altcoins like Crypto…

The post Bitcoin Mining Company Vortex Brands (VTXB) Acquires MSTR Stocks, MSTR Tops S&P 500 appeared first on Coinpedia Fintech News Bitcoin mining company Vortex Brands (VTXB) has recently revealed purchasing MSTR stocks.  Vortex Brands started acquiring MSTR stocks as its strategic asset. While the company’s initial purchase amounts to only 10 shares, the move comes with a broader approach to leverage arbitrage strategy between corporate public markets and the value of Bitcoin. Notably, the Michael Saylor-led firm has also…

Bitcoin (BTC) and U.S. stocks have shown a negative correlation lately, with Bitcoin often moving in the opposite direction of traditional markets. This divergence has caught the attention of analysts and investors, especially as the cryptocurrency enters a period of consolidation along with the broader crypto market. Historically, shifts in this correlation—from negative to positive—have often signaled a bullish trend for Bitcoin.  As both markets face challenges, the changing dynamics between BTC and U.S. stocks could provide crucial insights into…

Bitcoin (BTC) has begun its recovery. Now up 15.6% since its Monday low, and no small increase of $7,600 since then; Bitcoin appears to be following the recovery seen in the Japanese Nikkai 225 Index. Could this be a v-shaped recovery for both? Nikkai on road to recovery The Nikkai 225 is an index of the top 225 companies on the Tokyo Stock Exchange (TSE). Since a horrendous plunge from top to bottom of 26% over only 5 days, the…

Market analyst and trader Henrik Zerberg predicts a blow-off top in US markets for cryptocurrency and stock sectors. This prediction comes after the market-wide crash on Monday, which saw over $1 billion in crypto positions liquidated. The crypto industry is recording a shift in sentiment, with Bitcoin up 8%, holding well above $55,000, and dragging altcoins along with it. Blow Off Top To Come In Crypto and Stock Markets Zerberg anticipates new all-time highs (ATHs) in the US stock market…

The post Bitcoin Decline Causes Sharp Drop In Crypto Stocks Ahead Of US Job Report appeared first on Coinpedia Fintech News The stock of prominent crypto companies experienced significant declines as Bitcoin’s decline intensified. MicroStrategy’s shares plummeted over 6% in premarket trading. The MSTR stock plunged 6.53% to $85.09 today. Bitcoin mining firms like Riot Platforms (RIOT) and Marathon Digital (MARA) suffered losses of 5.64% 6.48% and 8.8%, respectively. Further, Marathon Digital’s June mining output decreased to 590 BTC from…

The post Bitcoin Price Surges After Meme Stocks Pump, are BRC20 Tokens Next? appeared first on Coinpedia Fintech News A multitude of bullish catalysts, including the recent surge in ‘meme stocks’ like GameStop and the latest CPI report, have influenced the crypto market in recent days, leading to a 7% increase in Bitcoin’s price over the past 24 hours. With Bitcoin on the rise, it’s likely that liquidity will also cycle down and benefit its BRC20 ecosystem tokens next. Bitcoin…

The post VR Stocks & Cryptos Search Up 1000 – 3 Projects To Buy Now appeared first on Coinpedia Fintech News Remember the dot-com boom? Early investors in the right tech companies made fortunes. VR has that same kind of potential right now. Imagine pocketing up to 9% profit on your daily investment with single trading. Some early VR investors hit that jackpot. Of course, past success is never a guarantee. However, industry experts in all major publications predict another…

Investors are shifting their focus from traditional stocks to cryptocurrencies. With the 2024 bull run underway, this movement has become more pronounced. Many are curious about the factors driving this transition. This article explores the motivations and trends behind the move towards cryptocurrencies, shedding light on this significant market shift. BlastUP Presale Ends in Few Weeks, Last Chance to Buy Cheap BlastUP presale has sparked avid interest among crypto enthusiasts, reaching $5 million in record low time. Over 12,000 savvy…