Market Insights

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Cryptocurrency
Cryptocurrencies Score Gains as Payment Giant Enters Market

Cryptocurrencies Score Gains as Payment Giant Enters Market

Summary Paypal (PYPL) to begin offering crypto payment service.Bitcoin (BTC) rose more than 10% to new 52-week highs. Late last week, crypto-asset exchange OKEx suddenly suspended cryptocurrency withdrawals without much explanation. Later, reports surfaced that the...

Cryptocurrencies Remain Strong as Industry Legal Hurdle Cleared

Cryptocurrencies Remain Strong as Industry Legal Hurdle Cleared

Summary Grayscale obtains SEC reporting company status for Ethereum (ETH) trust.Bitcoin (BTC) price action remains strong after large investment from Square (SQ). A legal milestone was reached this week in the cryptocurrency industry. Grayscale Investments, one of the...

Bitcoin Rips Higher on Square News

Bitcoin Rips Higher on Square News

Summary President Donald Trump’s tweet about a suspension of stimulus talks sent world markets seesawing.Square (SQ) converted $50 million into Bitcoin (BTC) Global markets went on a roller-coaster ride this week following news that President Donald Trump had...

TradeStation Crypto Is Now Available on TradingView

TradeStation Crypto Is Now Available on TradingView

TradeStation Securities customers have been able to trade stocks and futures on the popular charting site TradingView for the last year. Now cryptocurrencies join the list through TradeStation Crypto. Starting today, TradeStation Crypto clients can buy and sell...

Major Cryptocurrencies Form Hammer Pattern

Major Cryptocurrencies Form Hammer Pattern

Summary Cybercriminals hack KuCoin Crypto ExchangeBitcoin (BTC) and Ethereum (ETH) continue to consolidate recent gains.Precious metals underperform major cryptocurrencies on a relative basis. Cybercriminals owned the headlines this week in the crypto space....

Crypto Bulls Step in at Support

Crypto Bulls Step in at Support

Summary Bitcoin (BTC) and Ethereum (ETH) find support.Precious metals and cryptocurrencies continue to trade in tandem.The Federal Reserve signals lower interest rates amid economic concerns. Market Trends This Week Both Bitcoin (BTC) and Ethereum (ETH) gained support...

Bitcoin Retests Critical Support Zone

Bitcoin Retests Critical Support Zone

Summary Bitcoin (BTC) fell for a third straight week to test support.Precious metals rose slightly then surrendered gains for the week.The Nasdaq 100 (@NQ) fell as much as 5% on Thursday. Market Trends This Week U.S equity markets saw a change of character this week....

What’s Behind the Boom in DeFi and Cryptocurrencies?

What’s Behind the Boom in DeFi and Cryptocurrencies?

Stocks aren't the only market setting new records these days. There's also a huge boom taking place in decentralized finance or DeFi. More than $9 billion in transactions were in the DeFi market today, according to the website DeFi Pulse. That's up more than 700...

Cryptocurrencies Digest Recent Gains

Cryptocurrencies Digest Recent Gains

Summary Bitcoin (BTC) and Ethereum (ETH) drifted lower after multi-week gains.Precious metals and cryptocurrencies continued to trade in lockstep. Market Trends This Week Bitcoin (BTC) and Ethereum (ETH) saw some selling pressure early this week before rallying to...