3 reasons why the Bitcoin price bottom is not in

Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months. Bitcoin hash ribbons flash bottom signal On the daily chart, BTC’s price climbed 2.58% to $21,372 per token but was still down by nearly 14.5% week-to-date, its worst weekly returns since mid August….

Uber Earnings: What Happened with UBER

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United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’

Scott Beck, CEO of United Texas Bank, called on members of the state’s blockchain working group to recommend a policy for leaving stablecoins to banks rather than crypto firms. Speaking before the Texas Work Group on Blockchain Matters in Austin on Friday, Beck suggested limiting the issuance of United States dollar-backed stablecoins to licensed banks…

Peloton Interactive (PTON) Hits All-Time High

Peloton Interactive, Inc. (PTON) hit an all-time high on Wednesday and may complete a breakout in the next few sessions, hitting $200. The rally appears technical in nature, after a modest pullback from the 20-day simple moving average (SMA), which also marks December support near $140. Buying interest has barely budged from all-time highs between…

SBI lost 40% of hash rate after stopping mining in Russia: Data

Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter. SBI Holdings suspended mining operations in Russia’s crypto mining-rich region of Siberia, citing reasons like the Russia-Ukraine conflict and the ongoing bear market, Bloomberg reported on Thursday. The Japanese online brokerage shut down the Siberian…

Stock Market Opening Times Around the World

A stock exchange is, by definition, a market where stocks can be bought and sold at certain times of the day. It functions as an entity that provides orderly trading and efficient dissemination of price quotes for publicly listed companies. Exchanges generally take place from Monday to Friday. The Saudi Stock Exchange is an exception…

What is a trading journal? And how to use one

Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your…