18 Stocks Moving in Tuesday’s Pre-Market Session

Gainers

  • Planet Green Holdings Corp. (NYSE: PLAG) rose 40% to $1.61 in pre-market trading as Form 4 showed CEO Bin Zhou bought 1.32 million shares at an average price of $2.60 per share.
  • ZIVO Bioscience, Inc. (NASDAQ: ZIVO) rose 24.3% to $5.38 in pre-market trading after dropping over 20% on Monday.
  • Frequency Electronics, Inc. (NASDAQ: FEIM) rose 17.8% to $11.25 in pre-market trading. Frequency Electronics said it won a $17.75 million contract by Office of Naval Research to develop pulsed optically-pumped rubidium atomic frequency standard.
  • Puxin Limited (NYSE: NEW) rose 15.1% to $0.61 in pre-market trading after climbing over 10% on Monday.
  • Farmmi, Inc. (NASDAQ: FAMI) shares rose 15% to $0.2730 in pre-market trading after jumping 14% on Monday. Farmmi’s subsidiary Zhejiang Forest Food Co Ltd won an additional multi-product order for export to Israel.
  • iPower Inc. (NASDAQ: IPW) rose 12.2% to $5.16 in pre-market trading after reporting Q4 results.
  • NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) rose 11.9% to $4.23 in pre-market trading. NeuroBo Pharmaceuticals, last month, reported a Q2 loss of $0.18 per share.
  • Sarcos Technology and Robotics Corporation (NASDAQ: STRC) rose 9.3% to $9.95 in pre-market trading after declining around 9% on Monday.
  • Eros STX Global Corporation (NYSE: ESGC) rose 6.2% to $0.9874 in pre-market trading after dropping over 5% on Monday.
  • Tellurian Inc. (NASDAQ: TELL) rose 5.6% to $4.32 in pre-market trading after gaining over 10% on Monday.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

Check out these big penny stock gainers and losers

Losers

  • Newpark Resources, Inc. (NYSE: NR) shares fell 11.7% to $2.95 in pre-market trading after surging around 8% on Monday.
  • Paltalk, Inc. (NASDAQ: PALT) fell 11.5% to $4.78 in pre-market trading after jumping 35% on Monday. The company, last month, reported an increase in Q2 earnings and sales.
  • ZIOPHARM Oncology, Inc. (NASDAQ: ZIOP) shares fell 10.4% to $1.90 in pre-market trading after the company announced a strategic reduction in workforce and extension in cash runway.
  • Red Cat Holdings, Inc. (NASDAQ: RCAT) shares fell 8.3% to $3.30 in pre-market trading. Red Cat Holdings shares climbed 50% on Monday after the company won a 5-year NASA contract.
  • Logitech International S.A. (NASDAQ: LOGI) fell 7.2% to $89.79 in pre-market trading. Morgan Stanley downgraded Logitech International from Equal-Weight to Underweight and lowered the price target from $119 to $82.
  • Aehr Test Systems (NASDAQ: AEHR) fell 6.7% to $14.08 in pre-market trading after dropping around 5% on Monday. The company released quarterly earnings last week.
  • Powerbridge Technologies Co., Ltd. (NASDAQ: PBTS) shares fell 5.3% to $1.26 in pre-market trading. The company recently said it is establishing Powercrypto Holdings for its Crypto Mining and Digital Asset operations.
  • Globus Maritime Limited (NASDAQ: GLBS) fell 5.1% to $3.19 in pre-market trading after the company reported H1 and Q2 earnings results.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Source: https://www.benzinga.com/news/21/09/23129058/18-stocks-moving-in-tuesdays-pre-market-session

Here’s How Your Trade eBay Inc. (EBAY) Aggressively Right Now

eBay Inc. (NASDAQ:EBAY) went up by 0.93% from its latest closing price compared to the recent 1-year high of $77.83. The company’s stock price has collected 1.10% of gains in the last five trading sessions. Press Release reported 12 hours ago that The 4Less Group. Inc (OTCQB: FLES) Announces Availability of Initiation of Coverage Profile Report by WallStreet Research(TM)

Is It Worth Investing in eBay Inc. (NASDAQ :EBAY) Right Now?

eBay Inc. (NASDAQ:EBAY) scored a price-to-earnings ratio above its average ratio, recording 22.64 x from its present earnings ratio. Plus, the 36-month beta value for EBAY is at 1.11. Opinions of the stock are interesting as 8 analysts out of 28 who provided ratings for eBay Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 16 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $73.78, which is -$0.55 below the current price. EBAY currently public float of 625.21M and currently shorts hold a 4.46% ratio of that float. Today, the average trading volume of EBAY was 6.82M shares.

EBAY’s Market Performance

EBAY stocks went up by 1.10% for the week, with a monthly drop of -2.60% and a quarterly performance of 7.05%, while its annual performance rate touched 40.38%. The volatility ratio for the week stands at 1.83% while the volatility levels for the past 30 days are set at 2.08% for eBay Inc.. The simple moving average for the period of the last 20 days is -0.82% for EBAY stocks with a simple moving average of 16.88% for the last 200 days.

Analysts’ Opinion of EBAY

Many brokerage firms have already submitted their reports for EBAY stocks, with Jefferies repeating the rating for EBAY by listing it as a “Hold.” The predicted price for EBAY in the upcoming period, according to Jefferies is $83 based on the research report published on September 09th of the current year 2021.

Piper Sandler, on the other hand, stated in their research note that they expect to see EBAY reach a price target of $79, previously predicting the price at $81. The rating they have provided for EBAY stocks is “Overweight” according to the report published on August 12th, 2021.

Mizuho gave a rating of “Neutral” to EBAY, setting the target price at $65 in the report published on August 12th of the current year.

EBAY Trading at 2.00% from the 50-Day Moving Average

After a stumble in the market that brought EBAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.35% of loss for the given period.

Volatility was left at 2.08%, however, over the last 30 days, the volatility rate increased by 1.83%, as shares sank -3.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.05% upper at present.

During the last 5 trading sessions, EBAY rose by +1.10%, which changed the moving average for the period of 200-days by +48.83% in comparison to the 20-day moving average, which settled at $74.14. In addition, eBay Inc. saw 46.61% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EBAY starting from Thompson Pete, who sale 1,394 shares at the price of $74.89 back on Sep 17. After this action, Thompson Pete now owns 48,761 shares of eBay Inc., valued at $104,397 using the latest closing price.

Doerger Brian J., the VP, Chief Accounting Officer of eBay Inc., sale 2,862 shares at $77.69 during a trade that took place back on Aug 30, which means that Doerger Brian J. is holding 8,031 shares at $222,350 based on the most recent closing price.

Stock Fundamentals for EBAY

Current profitability levels for the company are sitting at:

  • +26.35 for the present operating margin
  • +75.62 for the gross margin

The net margin for eBay Inc. stands at +24.79. The total capital return value is set at 23.33, while invested capital returns managed to touch 23.34. Equity return is now at value 222.70, with 58.70 for asset returns.

Based on eBay Inc. (EBAY), the company’s capital structure generated 233.50 points at debt to equity in total, while total debt to capital is 70.02. Total debt to assets is 43.06, with long-term debt to equity ratio resting at 228.17. Finally, the long-term debt to capital ratio is 68.42.

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When we switch over and look at the enterprise to sales, we see a ratio of 3.96, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 7.65 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.

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Source: https://newsheater.com/2021/09/28/heres-how-your-trade-ebay-inc-ebay-aggressively-right-now-4/

Cryptocurrency Update: Top 5 Cryptos that Surge up to 690% in 24 Hours. Know Details

Many of the top cryptocurrencies have been trading red over the last 24 hours.

Many of the top cryptocurrencies have been trading red over the last 24 hours.

Bitcoin was trading at $45,093.11 which was 6.50 per cent down over the last 24 hours and 1.45 per cent up over the course of the week.

  • News18.com
  • Last Updated:September 20, 2021, 16:27 IST
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More cryptocurrencies have been on the rise lately. The global crypto market cap at the time of this article stood at $1.99 trillion which points to a 7.60 per cent decline over the course of the last day, according to information on CoinMarketCap. However, contrary to this, the total crypto market volume over the last 24 hours has aggregated to a total of $101.78 billion at the time of writing this article. This indicated a 20.13 per cent increase for the same. With that said, there are a few cryptocurrencies, other than the usual Bitcoin, who are which are worth mentioning as they have seen significant gains over the last 24 hours as per information on CoinMarketCap.

Keeping this in mind, here are the top five gainers that the cryptocurrency market has witnessed over the course of the last day.

Top 5 Cryptocurrency Gainers (According to data from CoinMarketCap)

1) Aqua Pig – $ 0.000000000014 – 689.25 per cent change over the last 24 hours

2) Gravitoken – $0.02383 – 263.75 per cent change over the last 24 hours

3) CONTRACOIN – $0.2553 – 237.84 per cent change over the last 24 hour

4) SafeBull – $0.00000001228 – 225.76 per cent change over the last 24 hours

5) InfinityCake – $0.0000007175 – 192.92 per cent change over the last 24 hours

On the other end of the cryptocurrency spectrum, we have the top ghost coins dominating the market. These include the likes of Bitcoin, Ethereum, Cardano and so on. It should be noted that a majority of the top coins, including Bitcoin, have displayed a tendency to trade red, especially at the time of this article. Bitcoin, Ethereum, Cardano, Binance Coin, all top coins in the market, have been trading red over the past 24 hours. In most of the cases, they have also been trading red over the course of the past 7 days as per information on CoinMarketCap.

As per the data that was analysed, Bitcoin was trading at $45,093.11 which was 6.50 per cent down over the last 24 hours and 1.45 per cent up over the course of the week. The second most popular cryptocurrency, Ether was trading at $3,164.36 or an 8.09 per cent decline over the course of the last day. The coin was trading 1.58 per cent lower over the course of the last seven days. Cardano, Tether and Binance Coin took third, fourth and fifth place respectively.

Speaking on the performance of the top cryptocurrency, ZebPay Trade Desk said, “Bitcoin (BTC) has been fairly range-bound over the last couple of days, trading between $45,000 – $48,000. This seems to be a consolidating phase that the asset is operating in, and the bears are preventing the asset from crossing the $48,000 mark convincingly, making this a strong psychological resistance level for BTC.”

Apart from these, Dogecoin and SHIBA INU, the so-called ‘meme coins’, have garnered a lot of interest and attention over the past couple of months thanks to Tesla CEO and billionaire, Elon Musk. This all started when Musk took to Twitter to announce the arrival of his new Shiba Inu puppy that he named Floki. Soon after that both the Dogecoin and the SHIBA coin saw a dramatic jump in prices as the infamous ‘Musk’ effect took hold of the cryptocurrency market once again. This saw Dogecoin reach all the way to 9th place amongst the top crypto coins in the market. As of today it once again slipped down one space though and stood at a price of $0.2159 and was trading at 9.69 per cent down over the course of the past 24 hours.

Read all the Latest News, Breaking News and Coronavirus News here

Source: https://www.news18.com/news/business/cryptocurrency-update-top-5-cryptos-that-surged-up-to-690-in-24-hours-know-details-4223450.html

Here’s How Your Trade The Williams Companies Inc. (WMB) Aggressively Right Now

The Williams Companies Inc. (NYSE:WMB) went down by -0.51% from its latest closing price compared to the recent 1-year high of $28.35. The company’s stock price has collected 4.12% of gains in the last five trading sessions. MarketWatch.com reported on 09/18/21 that Wall Street sees as much as 70% upside for these highly rated energy stocks in rally mode

Is It Worth Investing in The Williams Companies Inc. (NYSE :WMB) Right Now?

The Williams Companies Inc. (NYSE:WMB) scored a price-to-earnings ratio above its average ratio, recording 26.69 x from its present earnings ratio. Plus, the 36-month beta value for WMB is at 1.53. Opinions of the stock are interesting as 17 analysts out of 24 who provided ratings for The Williams Companies Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $29.05, which is $3.77 above the current price. WMB currently public float of 1.21B and currently shorts hold a 1.68% ratio of that float. Today, the average trading volume of WMB was 6.94M shares.

WMB’s Market Performance

WMB stocks went up by 4.12% for the week, with a monthly jump of 5.16% and a quarterly performance of -2.99%, while its annual performance rate touched 18.63%. The volatility ratio for the week stands at 1.96% while the volatility levels for the past 30 days are set at 1.70% for The Williams Companies Inc.. The simple moving average for the period of the last 20 days is 2.56% for WMB stocks with a simple moving average of 4.82% for the last 200 days.

Analysts’ Opinion of WMB

Many brokerage firms have already submitted their reports for WMB stocks, with Argus repeating the rating for WMB by listing it as a “Buy.” The predicted price for WMB in the upcoming period, according to Argus is $30 based on the research report published on May 17th of the current year 2021.

Credit Suisse gave a rating of “Outperform” to WMB, setting the target price at $27 in the report published on December 17th of the previous year.

WMB Trading at 1.13% from the 50-Day Moving Average

After a stumble in the market that brought WMB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.83% of loss for the given period.

Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares surge +5.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.66% lower at present.

During the last 5 trading sessions, WMB rose by +4.12%, which changed the moving average for the period of 200-days by +20.96% in comparison to the 20-day moving average, which settled at $24.72. In addition, The Williams Companies Inc. saw 26.08% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WMB starting from Bennett Walter J, who sale 15,000 shares at the price of $23.01 back on Feb 23. After this action, Bennett Walter J now owns 165,338 shares of The Williams Companies Inc., valued at $345,150 using the latest closing price.

Stock Fundamentals for WMB

Current profitability levels for the company are sitting at:

  • +33.14 for the present operating margin
  • +39.18 for the gross margin

The net margin for The Williams Companies Inc. stands at +2.73. The total capital return value is set at 6.73, while invested capital returns managed to touch 0.63. Equity return is now at value 9.80, with 2.60 for asset returns.

Based on The Williams Companies Inc. (WMB), the company’s capital structure generated 191.46 points at debt to equity in total, while total debt to capital is 65.69. Total debt to assets is 48.75, with long-term debt to equity ratio resting at 184.18. Finally, the long-term debt to capital ratio is 63.01.

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When we switch over and look at the enterprise to sales, we see a ratio of 6.43, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 7.74 and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.

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Source: https://newsheater.com/2021/09/20/heres-how-your-trade-the-williams-companies-inc-wmb-aggressively-right-now-4/

Commodity Insight: Stocks and cryptocurrencies poised to get a haircut

A month ago, veteran investor Mark Mobius, founder partner of Mobius Capital Partners, warned that “crazy market moves” in assets such as bitcoin and other cryptocurrencies were being driven by “disorientation and confusion.”

He also warned that the Fed could suddenly dial back their stimulus measures and push interest rates higher due to the specter of rising inflation and the impact of the pandemic.

Personally, I have to say there are, indeed, odd market moves underway amid a great deal of “disorientation and confusion.” It is getting crazy for the entire Big Four, stocks, bonds, currencies and commodities.

Allow me to illustrate how crazy things are getting, which in turn is leading to confusion. On Aug. 18, Minneapolis Fed President Neel Kashkari was quoted as saying: “Cryptocurrencies are 95% fraud, hype, noise and confusion.”

He was quoted by Marketinsider.com as going on to say: “He hadn’t found a sound argument for any practical use for cryptocurrency.

“I was more optimistic about crypto or bitcoin about five or six years ago. So far, what I’ve seen is 99% … let me be charitable, 95% fraud, hype, noise and confusion.”

However, a few days after Kashkari bad-mouthed cryptocurrencies, bitcoin rallied to a new three-month high of $50,280, up from the low of $29,250 posted on July 20. Yes, the leading cryptocurrency, bitcoin, jumped nearly 60% in one month with a Fed governor talking trash about the market — talk about crazy!

But confusing market moves are becoming the norm and not simply with cryptocurrencies. In recent days, cattle futures, not cash cattle, rallied sharply amid questionable fundamentals. December live cattle futures this week rose to a bit over $138, a four-year high while cash cattle were stuck at $122.

Yours truly has been bad-mouthing the cattle market for months, arguing that cattle should not rise over $135, but the market did that with ease this week.

However, here are some words from David Hale’s Cattle Letter posted this week: “We can find no reason for the massive surge in fund/money managers buying the cattle futures today. Full moon was one reason. We thought all the moon traders had passed on, but maybe not? Is there going to be more free money? Interesting to note the strength was concentrated in the front-end today. If the rally in the futures holds, cash will be higher but it definitely is not the leader. For the moment, this market is untradeable.”

Here are a few more pithy comments from Mobius about the market environment in which we live: “A lot of people have cash in hand that they want to do something with, and secondly, a lot of people are confused. The fact that they’ve seen bitcoin, which they had so much faith in, go down the way it’s gone down confuses people.

“So, you have a funny situation with a lot of money in their pocket and lots of confusion and disorientation, so I think that’s what is driving a lot of these crazy moves in the market.”

And the final timely comments from Mobius: You’re going to see a lot of these unusual moves with “some of them justifiable, but a lot of it not justifiable and not logical really,” making for a very uncertain outlook.

“So, at the end of the day, we’re in a very, very uncertain situation. And, of course, that means a recipe for disaster for some people who are investing.”

The comments from Mobius and Hale once again are the reasons I tout my two main rules when investing or speculating in stocks or commodities.

My Rule No. 1 states: No one knows for sure what the markets are going to do. Not for sure, they don’t.

My Rule No. 2 is from that old ancient Chinese saying: “Always use a stop.”

Today, the Fed’s favorite gauge of inflation, the Personal Consumption Expenditures Price Index, climbed 0.4% in July, and the increase equaled a new 30-year high. It was the fifth increase in a row going back to 1991. And this week also showed new all-time high prices for the Dow, the S&P and solid gains for cryptocurrencies.

In recent weeks I have warned repeatedly that there is rampant speculation underway with stocks, crypto markets and commodities even though consumer confidence has recently fallen to a 20-year low.

Based on the crazy market moves underway coupled with confusion and disorientation, I am expecting the stock market and cryptocurrencies to drop sharply because values are too elevated.

Avoid the long side as both markets should get a haircut sooner than later. And to keep track of my bold predictions, go to commodityinsite.com.

Source: https://www.agrinews-pubs.com/opinion/columnists/2021/09/11/commodity-insight-stocks-and-cryptocurrencies-poised-to-get-a-haircut/

RBI Governor Still Has Serious Concerns About Cryptocurrencies

RBI Governor Shaktikanta Das has revealed that the RBI still has “serious and major” reservations about cryptocurrencies like Bitcoin and has conveyed those concerns to the government.

Speaking at an event, the Governor stated that it is up to the government to take a call on what needs to be done in the matter (regarding crypto) while adding that he would like to have “credible explanations and answers” on the value these instruments can bring to the Indian economy.

Under Regulatory Gaze

Cryptocurrencies like Bitcoin, which are essentially private and are not regulated and are known for their volatility, have been under regulatory scrutiny in India. This comes despite their proliferation as an asset class.

India To Classify Bitcoin As An Asset Class

After El Salvador’s historic decision to adopt Bitcoin as legal tender bypassing the Bitcoin law, sources in India have revealed that the government could be planning a similar move in India. According to a report, the Securities and Exchange Board of India (SEBI) is overseeing the regulations being drafted for the cryptocurrency sector, with Bitcoin being classified as an asset class.

In a whitepaper published by Indiatech.org, Bitcoin’s adoption as an alternative asset class under India’s regulatory bodies is realistic due to the volatility in the crypto sector, the digital nature of cryptocurrencies, and projects developing rapidly, which does not make it ideal as an instrument to make payments.

India Planning To Test Digital Currency In December

In an interview with CNBC, RBI Governor Shaktikanta Das revealed that India plans to start testing the “digital rupee” in December. The testing would mainly focus on the security of digital currencies and the impact that they might have on monetary policy. RBI’s interest in launching a digital version of their fiat currencies is in line with other central banks around the world exploring and looking to launch their own digital currencies.

With testing scheduled to begin in December, the RBI will also study the impact of a CBDC on the monetary policy, currency in circulation, and other issues. Das commented,

“We are being extremely careful about it because it’s completely a new product, not just for RBI, but globally.”

Other countries are at different stages of testing their digital currencies.

RBI Clarifies Its Stance On Cryptocurrencies

The RBI has stated that it has not changed its position on cryptocurrencies and that it still has reservations about crypto, and these have been conveyed to the government. The RBI made the statement after leading Indian Bank HDFC warned its customers against dealing in cryptocurrencies such as Bitcoin, Ethereum, etc., in a cautionary warning to customers.

The emails were sent in response to customers who had declared an interest in the transaction of cryptocurrencies. The bank cited a 2018 order from the Reserve Bank of India that stated that the transactions of cryptocurrencies were illegal in India. The RBI was obligated to intervene in the matter, stating that the circular was struck down by the Supreme Court of India and could not be cited by the bank to prevent cryptocurrency transactions.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

India To Classify Bitcoin As An Asset Class

Source: https://www.bitcoininsider.org/article/126355/rbi-governor-still-has-serious-concerns-about-cryptocurrencies

Largely unch ahead of the Labor Day holiday


September 06, 2021 07:38 GMT

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Gilts and Bunds are a little higher in cash terms this morning with futures largely unch and Treasuries futures little changed in a fairly steady session coinciding with the Labor Day holiday.

  • The highlight of the overnight session for gilts was an appearance by new MPC member Catherine Mann in her first public comments since her term began on 1 September (her only comments previously being in her pre-appointment hearing). Her comments focused more on the US than the UK but she said that the Fed was not behind the curve and has tools to address inflation concerns. Mann is already seen as fairly dovish (although with little to judge this on yet) and her comments overnight gave little to change this impression.
  • There is not much on the calendar today outside bubill, DTC and BTF auctions. There could potentially be an EGB syndication announcement (Spanish 20-year Green bond)?
  • TY1 futures are down -0-1+ today at 133-11 with cash UST closed.
  • Bund futures are up 0.01 today at 172.30 with 10y Bund yields down -0.5bp at -0.368% and Schatz yields up 0.1bp at -0.720%.
  • Gilt futures are unch today at 128.35 with 10y yields down -0.7bp at 0.708% and 2y yields down -0.6bp at 0.188%.

Source: https://marketnews.com/largely-unch-ahead-of-the-labor-day-holiday

Where to find news on cryptocurrencies | Blog.TrusteeGlobal

There has been a lot of important news about cryptocurrencies this year. Here is few:

  • Elon Musk tweeted a lot about Bitcoin (BTC) and Dogecoin (DOGE), driving the market crazy each time. Some traders give it as a bright example of a pump and dump scheme.
  • MasterCard announced plans to integrate Bitcoin.
  • Ripple (XRP) seemingly got an upper hand against SEC.
  • German and Ukrainian national banks chose the Stellar blockchain (XLM) network as a platform for development of their own digital currencies.
  • China banned Bitcoin mining.

These are all interesting titles, and you might want to look where to find news on cryptocurrencies just out of curiosity. On the other hand, knowledge can always be monetized one way or another, so what practical value could you derive from these?

If you had followed Elon Musk on Twitter and got inspired by his Doge praise, you would have bought it and became a millionaire, like Glauber Contessoto. The impact of Mr Musk’s tweets is generally so massive that you should be less concerned about where to find the best news on cryptocurrencies and more concerned about him in person.

  • Any news concerning the adoption of Bitcoin guarantees the rise of interest towards it, and therefore, the rise of its price.
  • SEC could have bashed Ripple (if their accusations had a solid legal ground), and Ripple holders would have lost their savings. They now are content in the future of Ripple.
  • Stellar’s partnerships with national banks across the world give a good idea about its credibility. The partnerships also provide the Stellar Development Foundation with additional financial securities. Again, it will reflect on the coin’s price.
  • As soon as the Chinese government announced the ban of bitcoin mining, it became evident to miners that the Chinese market would instantly become overflooded with cheap mining equipment. Indeed, industrious miners rushed to China to order dozens of ASICs and video cards.

Isn’t it evident that being well-informed on the state of affairs in the crypto world would earn or save you a pretty penny? Let’s discover where to find the latest news on cryptocurrencies right now!

Where to find the latest news on cryptocurrencies

The general news sources are a good spot to get latest on cryptocurrencies news. They only elucidate major events that have a significant impact on the industry at large. These news sources rarely post opinionated articles (and you should be careful when they do), sticking to solid factual writing.

If you are already subscribed to Bloomberg, Forbes, NY Times, or the like, then check out their cryptocurrency news section. There are more than enough finance magazines online; there is no point in listing all of them.

The same is true about large TV news channels: they post high-quality cryptocurrency-related news that will surely influence your financial decisions. We have cited these sources quite often in our articles: for example, CNBC or BBC.

As of where to find news on cryptocurrencies, specifically, the choice narrows down to Coindesk as a top crypto news aggregator on the web. They post articles, videos, podcasts, interviews with the industry pioneers, infographics… You get a good 360-degree look on what is going on with crypto in real time.

It does seem that Coindesk holds a monopoly in cryptocurrency news but there surely are other places where to find the best news on cryptocurrencies. Cryptocurrency exchange websites may post their own news articles: Coinbase, for example, has a section called “This week in crypto” with respective content.

If you are interested in digital assets in general, you must have come across Investopedia articles. They post high-quality guides, explanations, and definitions; there is also a sizable news section on their website.

Investopedia is trustworthy and credible. However, just like any other major news source, be it Beincrypto or yahoo.finance, they give a broad picture missing out some finer details.

The major news sources offer a good starting point to quickly catch up on news that affect everyone involved in cryptocurrencies, one way or another. Yet, here is what you risk to miss if you stick exclusively to these sources:

  • New coin or token creation announcements. An asset in question may be a game changer (like Enjin, Mina, Solana, Polkadot…) and there will only ever be one chance to buy them for ridiculous prices, their historical low. Just like you will never again see bitcoin for $1 for certain — you may never see Cardano for $1, for instance.
  • Various insider information: airdrops, giveaways, community activities, etc. Once upon a time, Uniswap gave away 400 UNI tokens (worth up to $1,200 at that time) to every user just to keep them from moving to SushiSwap.

And where do you get news like this from?

Where to find the best news on cryptocurrencies

Apparently, if you want to get an authentic, fresh news piece first-hand, you must subscribe to its source. The official Uniswap communication channels, for example, were the place where you could find out about the upcoming airdrop. This information would appear anywhere else with a slight delay.

The same is true about any coin or token. Just decide which coin you truly care about and subscribe to its emails, Telegram, Discord, Reddit, Mastodon, Medium — whichever is available and best suits you.

There are dozens of professional Youtubers, who collect the best news and share their insights with the community. CryptoStache comes to mind, just for the sake of example.

Generally speaking, YouTube may become your top destination, where to find the latest news on cryptocurrencies but hey, YouTube is not the only video hosting service out there. How about checking out LBRY.tv or 3speak, built on blockchain? These platforms are home to hundreds of gifted creators. By the way, you can give and receive cryptocurrency tips there.

Some professional traders communicate exclusively through Twitter (Discord, Reddit), so quite a little research is required. This is how you get latest on cryptocurrencies news.

Get latest on cryptocurrencies news summary

A quick recap: a circle of major news sources, developers, and crypto experts should provide you with enough data to strive in the domain of crypto.

The Trustee Wallet app, too, offers a humble portion of cryptocurrency news conveniently delivered through screen notifications. Sometimes we post info about new coin listings in the app, sometimes we update you about the price changes of major coins like Bitcoin or Ethereum. That surely won’t be enough for the perfect picture of the market but we are not a news platform, after all. Where we truly shine is coin storage, trade, and liquidity provision: all in one app. See you whenever you want to buy some crypto!

Download Trustee – single multi-currency wallet for crypto

These are all interesting titles, and you might want to look where to find news on cryptocurrencies just out of curiosity. On the other hand, knowledge can always be monetized one way or another, so what practical value could you derive from these?

Source: https://blog.trusteeglobal.com/where-to-find-news-on-cryptocurrencies/