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Category Archives: Finance

AMC madness continues: its value soars 116% in just four days

AMC madness continues: its value soars 116% in just five days

The rally that AMC Entertainment is experiencing is very reminiscent of the one experienced just a few months ago. It has already accumulated four days of growth in its value in the markets and has risen 116%. On Monday, the price of its shares stood

Data indicates that majority of Bitcoin investors are still in profit

Data indicates that 76% of Bitcoin investors are still in profit

Although Bitcoin (BTC) has corrected about 50% against its historic high of almost $65,000, most investors continue to profit. According to a recent report by Glassnode, even with the drop to the $30,000 zone, about 76% of bitcoin holders are profiting. According to Glassnode, veteran

Billionaire shows $1 million bet on Dogecoin's downfall

Billionaire shows $1 million bet on Dogecoin’s downfall

Barry Silbert, the CEO of Digital Currency Group, a multinational company that owns Grayscale – the world’s largest bitcoin manager – is betting $1 million on Dogecoin’s downfall. “Okay $DOGE peeps, it’s been fun. Welcome to crypto! But the time has come for you to

Dogecoin can beat Bitcoin easily, says Elon Musk

Elon Musk refuses to sell his Dogecoin’s

Tesla founder and CEO Elon Musk recently announced that the company would no longer accept payments in Bitcoin, indicating that it has no intention of contributing to the consumption of fossil fuels. Still, Musk does not seem to want to withdraw support for another cryptocurrency.

Bitcoin price is recovering after China new cryptocurrencies ban

Bitcoin price is recovering after China new cryptocurrencies ban

On Tuesday, China banned financial institutions and payment companies from providing services related to bitcoin and other cryptocurrencies transactions. Comparing with the previous ban issued in 2017, the new rules expanded the scope of prohibited services, and determined that “virtual currencies are not supported by

Wall Street returns to positive with Nasdaq in recovery

Wall Street returns to positive with Nasdaq in recovery

The New York Stock Exchange (NYSE) returned to the positive field on Thursday (May 13), with investors digesting the recovery of the labor market, while looking for price hikes that could strangle the recovery. In the end, the Dow Jones rose 1.29% to 34,021. The

After promoting Bitcoin in the past few months, Elon Musk stepped back and caused prices to crash. While the billionaire causes the price to drop, MicroStrategy takes the opportunity to buy 271 BTC.

Tesla drops Bitcoin price and MicroStrategy buys in the fall

After promoting Bitcoin in the past few months, Elon Musk stepped back and caused prices to crash. While the billionaire causes the price to drop, MicroStrategy takes the opportunity to buy 271 BTC. On Wednesday (12), the executive announced that Tesla will no longer sell