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Category: Market

Ark Invest Acquires Coinbase Shares despite SEC Allegations

Posted on June 7, 2023 by admin

Per the latest allegations, Coinbase is operating as an unregistered national securities exchange and broker. Ark Invest remains bullish on Coinbase (NASDAQ: COIN) despite the fact that the US Securities and Exchange…

GitLab (GTLB) Stock Jumps 31% on Fiscal Q1 2024 Figures and AI Outlook

Posted on June 7, 2023 by admin

GitLab stock soared after the company said it is the leading DevSecOps platform and is positioned to control most of the AI market share. GitLab (NASDAQ: GTLB) stock jumped impressively on news…

Ethereum Price Regains Strength But Key Downtrend Resistance Intact

Posted on June 7, 2023 by admin

Ethereum price recovered losses and traded above $1,860 against the US Dollar. ETH must clear $1,920 to start a strong increase in the near term. Ethereum is showing positive signs above the…

Bitcoin Price Trims Losses But Key Breakout Resistance Is Still Intact

Posted on June 6, 2023 by admin

Bitcoin price trimmed yesterday’s losses and climbed above $26,500. BTC is now again facing strong resistance near the $27,400 zone. Bitcoin started a fresh decline after it dived toward the $25,500 support….

Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic

Posted on June 6, 2023 by admin

In a scathing critique of the Securities and Exchange Commission’s (SEC) recent actions against the cryptocurrency industry, Ripple Chair Executive Officer (CEO) Brad Garlinghouse has accused the SEC Chair Gary Gensler of…

Aave Extends Losses But Here Are The Short Selling Targets

Posted on June 6, 2023 by admin

After experiencing a promising start to the year, AAVE faced a setback when it encountered resistance at the $92 level, resulting in a 34% correction over a two-month period. The recent blow…

Cboe Digital Bags CFTC Approval to Trade Bitcoin and Ether Futures

Posted on June 6, 2023 by admin

The CFTC has officially given Cboe Digital the approval it needs to offer margined futures contracts trading to clients. Cboe Global Markets’ digital asset exchange has received approval to allow users to…

Apple Officially Launches Vision Pro Mixed-Reality Headset, Available in Early 2024

Posted on June 6, 2023 by admin

The Apple Vision Pro headset comes with a wide array of features including 4K screens and Spatial Audio, and will first launch in the US. At the Monday Worldwide Developer Conference (WWDC),…

Coinbase (COIN) Shares Tumble 9% amid SEC’s Binance Securities Violation Allegations

Posted on June 6, 2023 by admin

The SEC filing against Binance had a significant impact not only on Coinbase but also on other linked entities and cryptocurrencies. Coinbase Global Inc (NASDAQ: COIN) witnessed a significant drop of 10.3%…

Intel (INTC) Shares Down 4.6% after Apple Announces Full Transition to In-House Chips on Mac Pro

Posted on June 6, 2023 by admin

Shares of Intel reacted poorly to the news that Apple will no longer need Intel chips and has fully transitioned to its own silicon. Intel Corporation (NASDAQ: INTC) shares fell following Apple’s…

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