Share to Twitter Share to Linkedin Ether prices climbed today, rising above $3,200 this afternoon and then staying above that level since then. The world’s second-most valuable digital currency by market value climbed to $3,263.35 around noon EST, CoinDesk figures show. Since that time, it has traded within a very tight range, fluctuating between roughly $3,200 and $3,265, additional CoinDesk data reveals. Following these latest price movements, several analysts offered their takes on the cryptocurrency’s recent volatility and its future prospects. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] ‘A Strong Bounce’ “We saw a bounce in the broader digital asset market today,” said Brett Sifling, an investment advisor for Gerber Kawasaki Wealth & Investment Management . “Ethereum had a strong bounce off the … [Read more...] about Ether Prices Bounced Back Today—What’s Next For The Digital Currency?
Oil prices opec
Share to Twitter Share to Linkedin Bitcoin and cryptocurrency prices have bounced back following a sell-off that wiped around $1 trillion from the combined crypto market— and after one closely-watched investor called the market bottom . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price, dropping this week under $40,000 per bitcoin for the first time since September has climbed to around $43,000—a rise of 5% over the last three days. The ethereum price has also rallied, adding almost 10% and boosting the price of its rivals Binance's BNB, solana and cardano. ADVERTISEMENT Now, legendary investor Bill Miller has revealed 50% of his net worth is held in bitcoin and related crypto investments—branding bitcoin an "insurance policy against a financial catastrophe." Sign up now for the free CryptoCodex —A daily newsletter for the … [Read more...] about Legendary Investor Reveals Huge Bitcoin Bet As The Price Of Ethereum, BNB, Solana, Cardano And XRP Suddenly Soar
Share to Twitter Share to Linkedin Dogecoin, the meme-based bitcoin rival that saw huge growth through 2021, has soared after Elon Musk revealed doge can now be used to buy Tesla TSLA merchandise. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The dogecoin price, far down from its peak of around 70 cents per doge set in May last year, jumped around 30% directly after Musk's tweet announcing Tesla's dogecoin support but has since fallen back and is now up around 13% on this time yesterday. Meanwhile, the bitcoin price has dropped back toward $40,000 per bitcoin, struggling along with other cryptocurrencies following a huge sell-off over the last two months that's wiped around $1 trillion from the combined crypto market . Sign up now for the free CryptoCodex —A daily newsletter for the crypto-curious. Helping you understand the world of bitcoin and … [Read more...] about Tesla Billionaire Elon Musk Has Suddenly Sent The Dogecoin Price Sharply Higher As Bitcoin Struggles
Share to Twitter Share to Linkedin Bitcoin soared through much of 2021, helped on by the likes of Tesla TSLA and El Salvador embracing the cryptocurrency ( though Tesla CEO Elon Musk is increasingly backing the meme-based dogecoin ). Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price, hitting an all-time high of almost $70,000 per bitcoin in November, has since crashed back, losing around 40% of its value and wiping $1 trillion from the combined crypto market. Now, Wall Street giant Fidelity has said other countries and even a central bank could follow El Salvador and Tesla into bitcoin this year—predicting those that buy bitcoin while the price is low "will be better off competitively than their peers." Sign up now for the free CryptoCodex —A daily newsletter for the crypto-curious. Helping you understand the world of bitcoin and … [Read more...] about ‘Astonishing’—An Investment Giant Just Advised Countries And Central Banks To Buy Bitcoin While The Price Is Low
Share to Twitter Share to Linkedin Bitcoin, cryptocurrencies and NFTs have had a mixed beginning to 2022, with the bitcoin price recording one of its worst-ever starts to a new year. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains However, the non-fungible token (NFT) market has gone from strength to strength as marketplace OpenSea generated nearly $2.7 billion in volume since January 1 and is on track for its highest volume month ever. Ethereum and its biggest rivals Binance's BNB, solana and cardano have also struggled along with bitcoin. Now, after an investment giant issued a shock bitcoin prediction , cryptocurrencies and NFTs are braced for some of the biggest names in crypto to come together for the North American Bitcoin Conference—with billionaire investor Mark Cuban set to join crypto-friendly Miami Mayor Francis Suarez on stage. Subscribe now to … [Read more...] about Bitcoin, Crypto And NFTs Are Braced For A Big Week As Extreme Price Swings Hit Ethereum, BNB, Solana, Cardano And XRP
Share to Twitter Share to Linkedin Bitcoin and cryptocurrencies have had a dreadful start to 2022, continuing the downward trend from the end of last year as price pressures mount . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains' The bitcoin price has lost around 40% since peaking in November, down from almost $70,000 per bitcoin to lows this week of $41,000. Meanwhile, ethereum and other major coins have also crashed back, wiping around $1 trillion in value from the crypto market since its November high . Now, Wall Street giant Goldman Sachs GS , has predicted bitcoin will increasingly compete with gold as a "store of value"—and could hit $100,000 within five years. Sign up now for the free CryptoCodex —A daily newsletter for the crypto-curious. Helping you understand the world of bitcoin and crypto, every weekday MORE FROM FORBES Crypto's … [Read more...] about $1 Trillion Crypto Crash: Goldman Sachs Reveals Huge Bitcoin Price Prediction After Ethereum Bet
KYIV (Reuters) - German Foreign Minister Annalena Baerbock said on Monday that she hoped mounting tensions with Russia over Ukraine could be solved by diplomacy, but she warned that Moscow would suffer if it does attack the country. "Each further aggressive act will have a high price for Russia, economically, strategically, politically," Baerbock, in Kyiv on a trip that will next take her to Moscow, told a joint news conference with her Ukrainian counterpart Dmytro Kuleba. "Diplomacy is the only way." Talks between Moscow and Western states on Russia's deployment of tens of thousands of troops along Ukraine's border ended with no breakthrough last week. A cyber attack against Ukraine has further inflamed tensions. Kuleba said Ukraine and Germany were united in pushing to revive four-way peace talks on ending the war in eastern Ukraine in the so-called "Normandy" format, which includes Germany, France, Ukraine and Russia. Excluded from much of last week's talks, Ukraine … [Read more...] about Germany says Russia will pay price if it moves on Ukraine
Share prices of Rivian Automotive ( NASDAQ:RIVN ) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. The sell-off marks over a 55% drawdown from the stock's all-time intraday high of $179.47 per share set on Nov. 16, 2021. Here are arguments for and against buying the electric vehicle (EV) stock now. Image source: Rivian Automotive. Take advantage of inefficient markets Howard Smith : Markets aren't always efficient, and that's how investors can gain an advantage. While Rivian shares have dropped recently in concert with many high-growth tech names, one of the biggest dips came with the news that Amazon ( NASDAQ:AMZN ) was starting a partnership with Chrysler parent Stellantis ( NYSE:STLA ) to supplement its supply of electric delivery vans. Prior to this news, investors only knew that Amazon -- an early … [Read more...] about Rivian Stock Just Fell Below its IPO Price of $78 Per Share: Time to Buy?
Oilmeals export fell 67 per cent to 1.7 lakh tonne in December with Indian products being uncompetitive in the global market, according to industry body SEA. In a statement, the Solvent Extractors’ Association of India (SEA) said 1,70,338 tonne of oilmeals were exported in December 2021 compared to 5,16,006 tonne in the year-ago period. The fall in exports is mainly due to decline in export of soybean and rapeseed meal, it added. The overall export of oilmeals during April-December 2021 fell 28 per cent at 17,66,687 tonne as compared to 24,67,564 tonne in the corresponding period of the previous year. "Soybean crush margins in India are currently squeezed by pressure on meal prices and relatively high price expectation of farmers for soybean seed which is currently quoted over Rs 6,300 per quintal," SEA said. At present, the association pointed out that India is outpriced for soybean meal export. The prices of ex. Kandla are quoted at USD 750 against Brazil origin USD 535 … [Read more...] about Oilmeals export down 67% to 1.7 lakh tonne last month; 28% fall in April-December
General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. - A + A SINGAPORE (Jan 17): China may triple electricity generation to supply 60% of the country's total energy under Beijing's carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said on Monday. Shell is one of the largest global investors in China's energy sector, with business covering gas production, petrochemicals and a retail fuel network. A leading supplier of liquefied natural gas, it has recently expanded into low-carbon business such as hydrogen power and electric vehicle charging. In a rare assessment of the country's energy sector by an international oil major, Shell said China needed to take quick action this decade to stay on track to reach the carbon-neutrality goal. China has mapped out plans to reach peak emissions by 2030, but has not yet revealed any detailed carbon roadmap for 2060. This includes investing in a reliable and … [Read more...] about Shell says electricity to meet 60% of China’s energy use by 2060