Crypto Markets News 

Are Bitcoin and Other Cryptos Back in a Bear Market After Latest Drop?

“So is the cryptocurrency market back in a bear market with Bitcoin losing the 200-Day MA? The simple answer is no” writes Micha L Van for cointelegraph.com. It is crucial for altcoin market capitalization to hold the $66 billion level as an important marker and support.On Nov. 8, Bitcoin corrected from $9,200 to $8,650, causing the market sentiment to shift from greed to fear once more. Source: cointelegraph.com

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Crypto Markets News 

Bear Trap? Bitcoin Price Bullish Divergences Emerge Amid Market Fear

“Similar to that, the total market capitalization will be searching for stability around the $155 billion or $125 billion mark” writes Micha L Van for cointelegraph.com. The total crypto market capitalization often provides a clearer view of the market than Bitcoin alone.Altcoins have been moving in both directions over the past few weeks while the total market capitalization is remaining fairly stable.After this the price reversed and started to trend upwards, temporarily ending at $13,800 on June 26.During the first movements of 2019, the altcoin market capitalization couldn’t break above…

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Crypto Futures Markets News Oil 

Major Cryptocurrencies See Green While US Crude Futures Hit New High for 2019

“Total market capitalization of all 2,074 cryptocurrencies on CoinMarketCap is currently around $134.8 billion, up from $121.3 billion a week ago” writes Ana Alexandre for cointelegraph.com. On its weekly chart, BTC saw its lowest price point of around $3,618 on Feb. 15.Wednesday, Feb. 20 —  cryptocurrency markets are turning around for the green after trading sideways at the beginning of the day. Source: cointelegraph.com

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Markets News 

ICO Market 2018 vs 2017: Trends, Capitalization, Localization, Industries, Success Rate

“The ICO market seems to react to the trends of the underlying cryptocurrency in slightly volatile ways” writes Daniele Pozzi for cointelegraph.com. A balance of the general trend of the ICO market during 2018 is, in fact, double-edged.In view of the funds raised, the spread between the picks of March and November 2018 is about 79 percent.The ICO market data is provided by ICObench, based upon the projects’ announcements recorded in ICObench database, which includes over 5,100 ICOs since August 2015. Source: cointelegraph.com

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Crypto Markets News 

Top Cryptocurrencies See Moderate Losses, Bitcoin Below $3,800

“Wednesday, Dec. 5: All but one the top 20 cryptocurrencies registered losses in the last 24 hours, Bitcoin (BTC) lost most of its recent gains, sinking below $3,800” writes Adrian Zmudzinski for cointelegraph.com. Ethereum (ETH) is still the third cryptocurrency by market capitalization after losing nearly 6 percent in the past 24 hours.Among the top 20 cryptocurrencies, the only ones reporting double-digit losses are Bitcoin Cash (-12.29 percent), Zcash (-10.11 percent) and Maker (-11.12 percent).Ripple (XRP), the second crypto by total market capitalization, is currently trading around $0.339, down 3.6…

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Markets News Stocks 

Amazon has brief turn as Wall Street’s most valuable company

“Amazon briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft dethroned longtime leader Apple” reports nypost.com. Amazon rose as much as 4.7 percent, putting its market capitalization at $865 billion.Apple was up 2.1 percent, giving it a market capitalization of $864.8 billion. Apple’s market capitalization overtook Microsoft’s in 2010 as Microsoft struggled with slow demand for personal computers, due in part to the explosion of smartphones like the iPhone.The tight race between the trio of high-powered technology stocks coincided with a broad…

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Markets News Stocks 

Microsoft’s stock market value catches up with Apple

“Earlier, Apple’s stock fell, and both companies’ market capitalization were within about $3 billion of each other, putting them at virtually the same value” reports businessinsider.com. At the same time, shares of Apple rose 0.63 percent, leaving its stock market value at $823 billion.Buoyed by a broad rebound in U.S. stocks on Monday, Microsoft jumped 3.11 percent to $106.28, pushing its market capitalization up to a record $816 billion at mid-day. Apple’s market capitalization overtook Microsoft’s in 2010 as the maker of Windows software struggled with slow demand for personal…

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Crypto Markets News 

Bitcoin tumbles again, loses a quarter of its value during Thanksgiving week 

“XRP, the second largest by market capitalization, fell 6 percent Friday, bringing its one-week losses to 10 percent” writes Kate Rooney for cnbc.com. Not a single one in the top 28 by market capitalization was trading in the green Friday, according to CoinMarketCap.com.The tumble for bitcoin started abruptly last week when it fell below $6,000 and hit a new low for the year.The total market capitalization for cryptocurrencies fell to $138.6 billion Friday, according to CoinMarketCap data, its lowest level since September 2017. Source: cnbc.com

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Markets News Stocks 

In two sessions, $200 billion of FANG market cap up in smoke

“SAN FRANCISCO (Reuters) – Facebook, Amazon.com, Netflix and Google-parent Alphabet were at the center of a volatile session on the U.S. stock market on Monday, cleaving $200 billion off of the so-called FANG group’s combined market capitalization in two sessions” writes Midwest Communications Inc for 95kqds.com. That steep two-day drop in Amazon and losses in other FANG stocks has reduced the group’s market capitalization by $200 billion to $1.93 trillion.The combined companies’ market capitalization has fallen from a record $2.5 trillion in July to $1.93 trillion on Monday.Amazon’s stock has…

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Markets News 

Apple CEO calls $1 trillion value a ‘milestone’ but not a focus

“With a closing price of $207.39 on Thursday, Apple became the first publicly listed U.S. company to ever reach $1 trillion in market capitalization” writes Midwest Communications Inc for 95kqds.com. Cook had not previously publicly commented on the company’s $1 trillion valuation.Apple’s stock market value is greater than the combined capitalization of Exxon Mobil, Procter & Gamble and AT&T. It now accounts for 4 percent of the S&P 500.(Reuters) – Apple Inc Chief Executive Tim Cook said on Thursday that the iPhone maker’s $1 trillion market capitalization was “not the…

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