solarseven/iStock via Getty Images Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Monday - July 26 Volatility watch - Options trading on Ashford Hospitalty (AHT), Peabody Energy (BTU), Marin Software (MRIN) and MoneyGram International (MGI) imply big swings with earnings due out. All four stocks swung lower the day after the last time earnings were reported. Short interest as a percentage of total float is still over 25% for SmileDirectCLub (SDC) and Gogo (GO). Some names making the rounds on Reddit's WallStreetBets with increased buzz are ImmunoPrecise Antibodies (IPA), Snap (SNAP) and Beachbody Company (BODY). All week - Conferences scheduled to run during the week include the A.G.P. Virtual
Binance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange has been stuck in regulatory crosshairs during the last few weeks and has had issues with payment providers. CZ also noted during his interview that […]
After Tesla’s initial Bitcoin investment and payment support for Tesla purchases on 8 February 2021, many critics followed up on the company’s position by alleging that the car-maker is supporting an asset that is presumably heavily reliant on fossil fuels. Ergo, it wasn’t long before Tesla dropped BTC as a payment method for its vehicles. […]
Edge has disclosed it holds 54,134 shares of Grayscale Bitcoin Trust in a filing with the SEC, a more than 40% increase since last quarter.
C98 rallied 1,200% from its ICO price shortly after listing on Binance and AMPL shot higher after the project integrated with AAVE.
Did Russia intervene? Did the company have help from the U.S.? Or did it pay off REvil?
Binance US is setting up structures that will allow it go public through an IPO, according to Changpeng Zhao.
The MVRV ratio, a Bitcoin indicator, might suggest that the current bull run isn’t over, and the price of the crypto is yet to peak. The MVRV Ratio Indicates The Cycle Isn’t Over Yet As pointed out by a Crypto Quant post, past cycles seem to follow a specific pattern on the MVRV charts. This might suggest that the current bull run hasn’t peaked yet. MVRV stands for “Market Value to Realized Value”. The ratio is defined as Bitcoin’s market capitalization divided by realized capitalization. Related Reading | SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk MVRV Ratio = Market Cap ÷ Realized Cap The MVRV ratio is useful for knowing whether the current price is fair or not. If the value is very high, it means Bitcoin’s price might be overvalued, and thus investors would tend to have selling pressure. On the other hand, if the value of the indicator is low, it might suggest that the price of BTC is undervalued, which could result in buying pressure in the market. Related Reading | Bitcoin Volume Continues To See Yearly Lows As Price Struggles To Recover Now, here is how the Bitcoin MVRV ratio chart looks like for the 2013 cycle: The BTC MVRV zones seem to decide bottom and top In the above chart, the blue zone indicates a bottom. The MVRV ratio line only touches this zone during a bear market, while the red box signifies a top. In the middle is another box with the color gr...
Auction house Sotheby’s plans to auction a rare artwork created by Muhammad Ali in the form of an NFT on Friday. Sotheby’s To Auction Rare Muhammad Ali Art Depicting The 1971 “Fight Of The Century” Sotheby’s and Muhammad Ali Enterprises plan to reveal the non-fungible token on 23 July. The oganizations will display and auction […]
A panel of crypto experts alleges that bitcoin – the world’s number one digital currency by market cap – will potentially remove fiat currency from circulation by the year 2050. This basically gives bitcoin approximately 29 years to become the primary financial product of the world. Bitcoin Is Rising to the Top On the one...The post Analysts: Bitcoin Will Obliterate Fiat from Existence By 2050 appeared first on Live Bitcoin News.