Market Cap – Winter Host http://winterhost.org/ Thu, 13 Jan 2022 16:25:25 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://winterhost.org/wp-content/uploads/2021/10/icon-50x50.png Market Cap – Winter Host http://winterhost.org/ 32 32 Ford’s market capitalization tops $100 billion for the first time https://winterhost.org/fords-market-capitalization-tops-100-billion-for-the-first-time/ Thu, 13 Jan 2022 16:25:25 +0000 https://winterhost.org/fords-market-capitalization-tops-100-billion-for-the-first-time/ Ford Motor Co. CEO Jim Farley speaks during a press conference at the Rouge Complex in Dearborn, Michigan on September 17, 2020. Rebecca Cook | Reuters DETROIT — Ford Motor’s market value topped $100 billion for the first time ever as the automaker’s stock hit a new 52-week high on Thursday. Shares of the company […]]]>

Ford Motor Co. CEO Jim Farley speaks during a press conference at the Rouge Complex in Dearborn, Michigan on September 17, 2020.

Rebecca Cook | Reuters

DETROIT — Ford Motor’s market value topped $100 billion for the first time ever as the automaker’s stock hit a new 52-week high on Thursday.

Shares of the company jumped 5.7% to $25.87 on Thursday, hitting another 20-plus-year high, before closing at $25.02 per share, up 2.3%. Its market value has dropped to $99.99 billion.

The gains were fueled by Ford’s plans to increase production of electric vehicles, including the Mustang Mach-E crossover and an upcoming electric version of its best-selling F-150 pickup due out this spring. These efforts are part of a Ford+ turnaround plan led by CEO Jim Farley, who took over as CEO in October 2020.

Ford is now worth more than rival Crosstown General Motors, at around $90 billion, as well as electric vehicle start-up Rivian Automotive, at $72 billion, which failed to sustain its gains after an IPO in successful scholarship in November. Ford continues to significantly trail Tesla, which has a market capitalization of over $1 trillion.

The automaker is rated overweight with a price target of $21.83 per share, according to an average of 22 analysts compiled by FactSet. But not all Wall Street analysts have completely bought into Ford’s turnaround.

“The stock market’s allure of the Ford EV story continues to surprise us,” Morgan Stanley analyst Adam Jonas told investors in a Thursday note titled “Ford Market Cap Crosses $100bn: What’s In the Price ?”

Morgan Stanley’s price target for Ford is $12 per share. His bullish case for the stock is $25 per share, according to Jonas.

“Ford’s share price movement is impressive and management deserves credit for changing the strategic narrative, triggering a new rating,” Jonas said. “However, at this point, we believe the risks facing Ford and the industry are growing faster than the opportunities.”

Jonas raised concerns about the return of the historically cyclical nature of the auto industry, the challenges of scaling up electric vehicle production, and more competitive and attractive electric vehicles entering the market against Ford.

–CNBC Michael Bloom contributed to this report.

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Investors stake 59.01 billion naira on 2.02 billion shares as market cap gains 1.33 billion naira https://winterhost.org/investors-stake-59-01-billion-naira-on-2-02-billion-shares-as-market-cap-gains-1-33-billion-naira/ Mon, 10 Jan 2022 04:18:59 +0000 https://winterhost.org/investors-stake-59-01-billion-naira-on-2-02-billion-shares-as-market-cap-gains-1-33-billion-naira/ Through Chinwendu Obienyi Bullish The weekend’s sentiments propelled the Nigerian stock market into its first strong trading week in 2022, with total turnover reaching 2.027 billion shares worth 59.014 billion naira in 15,750 trades traded. by investors. It was even then that the market cap of Nigerian Exchange Limited (NGX) jumped 1.33 trillion naira with […]]]>

Through Chinwendu Obienyi

Bullish The weekend’s sentiments propelled the Nigerian stock market into its first strong trading week in 2022, with total turnover reaching 2.027 billion shares worth 59.014 billion naira in 15,750 trades traded. by investors.

It was even then that the market cap of Nigerian Exchange Limited (NGX) jumped 1.33 trillion naira with the All Share Index (ASI) increasing 2.7% week-on-week ( w / w).

The Nigerian stock exchange ended the last trading week of 2021 on a bullish note as the ASI edged up 1.1% to close at 42,716.44 points while the market cap rose 1.2 trillion. naira to 22,296 trillion from the 21,056 trillion dollars reached as of December 31. 2020.

Speaking ahead of the trading week, analysts said they expected the bullish rush to maintain dominance, as buying activity due to positioning for year 2021 dividends will likely suppress the sales activities.

However, the benchmark posted gains in all trading sessions this week, rising 2.7% w / w to close at 43,854.42 points.

Daily Sun surveys revealed that foreign investor demand for Airtel Africa (+ 10%) and bargain hunting in BUAFOODS (+ 9.9%), WAPCO (+ 7.7%) and FBN Holdings stocks (+ 4.0%) boosted the weekly gain.

The market capitalization of NGX has increased significantly, gaining around 1.3 trillion naira due to the listing of 18 billion common shares of BUAFOODS of 50 kobo each at 40 naira per share on the main board of the exchange.

Performance across all sectors was mixed, with the Oil & Gas (+ 2.7%), Banking (+ 0.8%) and Industrials (+ 0.3%) indices closing positively while as insurance (-0.9%) and Consumer goods (-0.9%) fell.

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Meanwhile, a total turnover of 2.027 billion shares worth 59.014 billion naira in 15,750 transactions was traded by investors on the exchange floor, against a total of 995.361 million. Shares valued at 13.209 billion naira which traded hands the week before. in 10,264 transactions.

The consumer goods industry (measured by volume) dominated the activity chart with 1.255 billion shares valued at 51.973 billion Naira traded in 2,581 transactions; thus contributing 61.90 and 88.07 percent respectively to the volume and value of the total turnover of the shares.

The financial services industry followed with 537.959 million shares valued at 4.627 billion naira in 8,015 transactions, while the ICT industry recorded turnover of 76.906 million shares of worth 704.346 million naira in 933 transactions.

Trading of the top three stocks, namely BUA Foods Plc, Wema Bank Plc and Transnational Corporation of Nigeria Plc (measured by volume) represented 1.349 billion shares worth 51.253 billion naira in 1,120 transactions, contributing to 67 and 86.85 percent of total equity. volume and value of turnover respectively.

Forty (40) stocks appreciated during the week, more than thirty-seven (37) stocks the previous week. Thirty-one (31) shares depreciated in price, or more than twenty-one (21) shares the previous week, while eighty-four (84) shares remained unchanged from the ninety- nine (99) actions recorded the previous week.

Commenting on the market performance, Afrinvest analysts, in an emailed note to the Daily Sun, said: “We expect the positive performance to continue as more investors take positions ahead of the investment season. dividends as trading resumes this week “

For its part, Cordros Capital said: “In the short term, we believe the positioning for dividends for the year 2021 will continue to support buying activity in the market, even as institutional investors continue to look for clues on the market. the direction of fixed income returns. Marlet. However, we advise investors to only take positions in fundamentally justified stocks, as the weak macro environment remains a significant headwind for corporate earnings ”.

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Weekend Watch: Crypto Market Cap Dips Below $ 2T, Bitcoin Dips Below $ 42,000 https://winterhost.org/weekend-watch-crypto-market-cap-dips-below-2t-bitcoin-dips-below-42000/ Sun, 09 Jan 2022 15:35:00 +0000 https://winterhost.org/weekend-watch-crypto-market-cap-dips-below-2t-bitcoin-dips-below-42000/ It has been a tough weekend for cryptocurrency holders as the overall crypto market cap has fallen below the key $ 2,000 billion level, currently sitting at $ 1.94 trillion. There have been significant declines in the crypto industry as investors worry about Omicron’s position around the world and its impact on the market. At […]]]>

It has been a tough weekend for cryptocurrency holders as the overall crypto market cap has fallen below the key $ 2,000 billion level, currently sitting at $ 1.94 trillion.

There have been significant declines in the crypto industry as investors worry about Omicron’s position around the world and its impact on the market.

At the time of the report, Bitcoin (CRYPTO: BTC) was trading at $ 41,651.69, down 0.81%. In the past 7 days, the crypto apex has fallen 11.69%.

Last week, BTC traded around $ 47,000 on Monday and fell into the $ 43,000 range on Friday.

As the turmoil continues, BTC has fallen below a market cap of $ 1 trillion, now standing at $ 787 million.

Faced with massive volatility, a well-known Bitcoin analyst tells his 1.7 million Twitter followers that the market is only halfway through the cycle (2020-2024).

Another longtime crypto analyst is hoping BTC will rebound. He says the recent drop could set the stage for a big Bitcoin rally.

Ethereum (CRYPTO: ETH) continues its descent, falling 3.20% in the past 24 hours. It is $ 3,106.74. The market capitalization of ETH is $ 370,362,122,346.

Shiba inu (CRYPTO: SHIB) fell 3.65% in the past 24 hours. It is trading at $ 0.00002826.

Dogecoin (CRYPTO: DOGE) is down 3.51% with a seven-day average rate of decline of 12.85%. It is trading at $ 0.1507.

Other altcoins that have seen sharp declines in the market in the past 24 hours include Binance Coin (CRYPTO: BNB) is down 4.98% and is struggling at $ 432.96. Solana (CRYPTO: SOL) fell 2.64% to $ 139.15, Cardano (CRYPTO: ADA) is down more than 5% to $ 1.16, and Peas (CRYPTO: DOT) is at $ 24.32 after falling 1.42%.

Meanwhile, the Bitcoin Fear & Greed Index edged higher on Sunday, from a reading of 10 on Saturday, the lowest index number since July 21, 2021.

Also Read: In Search of the Bitcoin Bottom: Here’s What Experts Are Saying Right Now



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Warren Buffett’s Berkshire Hathaway has just reached a record market cap of $ 700 billion. It is a headache for the investor. https://winterhost.org/warren-buffetts-berkshire-hathaway-has-just-reached-a-record-market-cap-of-700-billion-it-is-a-headache-for-the-investor/ Fri, 07 Jan 2022 11:51:59 +0000 https://winterhost.org/warren-buffetts-berkshire-hathaway-has-just-reached-a-record-market-cap-of-700-billion-it-is-a-headache-for-the-investor/ Warren Buffett. REUTERS / Rick Wilking Warren Buffett’s Berkshire Hathaway posted a record market cap of $ 700 billion this week. While most CEOs would pop the champagne, Buffett may have mixed feelings about the accomplishment. The legendary bargain hunter is eager to spend around half of Berkshire’s $ 149 billion in cash, but has […]]]>
Warren Buffett.

Warren Buffett’s Berkshire Hathaway posted a record market cap of $ 700 billion this week. While most CEOs would pop the champagne, Buffett may have mixed feelings about the accomplishment.

The legendary bargain hunter is eager to spend around half of Berkshire’s $ 149 billion in cash, but has struggled to find deals in recent years. Stocks have hit record highs, and private equity firms and special purpose acquisition companies (SPACs) are pulling it out of acquisitions.

Running out of options, Buffett stepped up its share buybacks. Berkshire repurchased a record $ 25 billion of its shares in 2020 and likely exceeded that figure last year. However, the investor stressed that he would only buy back shares at a price lower than his conservative estimate of Berkshire’s intrinsic value.

“It’s hard to go wrong when you buy dollar bills for 80 or less,” Buffett joked in his 2012 letter to shareholders.

If Berkshire shares exceed Buffett’s price cap for buybacks, it could be forced to curb or halt its buybacks, shutting it off a key spending lane.

The investor valued the Berkshire companies at around $ 700 billion at the company’s shareholders meeting last year, suggesting he may no longer see his shares as a bargain.

However, there is reason to believe that Buffett places a higher value on Berkshire. The so-called “Oracle of Omaha” told its shareholders in 2008, when Berkshire’s market capitalization was around $ 200 billion, that the company could theoretically be acquired for three times that amount.

“There’s no guarantee that if anyone wanted to attempt a $ 600 billion or $ 700 billion takeover – and it could be much bigger than that if you get out – that it can’t be done,” he said. he declared.

While Buffett factored in a buyout premium, he apparently considered $ 700 billion a fair deal for Berkshire 13 years ago. Since his company’s net asset value has quadrupled to around $ 450 billion since then, he probably values ​​Berkshire much more today – and might not hesitate to buy back its shares at current levels.

Read more: The Smead Value Fund beat 99% of its peers in 2021. Its managers share where they invest their money in 2022, including 3 stocks they bet big on.


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Bearish Bitcoin Market Pulls Total Crypto Space Market Cap Down To $ 2 Trillion From High Of $ 3 Trillion In November | Currency News | Financial and business news https://winterhost.org/bearish-bitcoin-market-pulls-total-crypto-space-market-cap-down-to-2-trillion-from-high-of-3-trillion-in-november-currency-news-financial-and-business-news/ Thu, 06 Jan 2022 18:39:23 +0000 https://winterhost.org/bearish-bitcoin-market-pulls-total-crypto-space-market-cap-down-to-2-trillion-from-high-of-3-trillion-in-november-currency-news-financial-and-business-news/ Mastercard and BNY Mellon warmed up to bitcoin on Thursday, supporting XRP, ether, and other cryptocurrencies Yuriko Nakao / Getty Images A bear market in bitcoin, ether and other altcoins took the total market cap of cryptocurrencies to around $ 2,000 billion on Thursday, according to data from CoinMarketCap. This is a significant drop from […]]]>
Mastercard and BNY Mellon warmed up to bitcoin on Thursday, supporting XRP, ether, and other cryptocurrencies


A bear market in bitcoin, ether and other altcoins took the total market cap of cryptocurrencies to around $ 2,000 billion on Thursday, according to data from CoinMarketCap.

This is a significant drop from its recent high of around $ 3 trillion in mid-November, when bitcoin peaked at around $ 69,000. Since then, the world’s most popular cryptocurrency has plunged 38%, its selling accelerating this week after minutes from the Federal Reserve hinted that interest rate hikes could come sooner than expected. .

Bitcoin’s sale on Wednesday wiped out around $ 60 billion in market value, with the cryptocurrency losing a total value of $ 500 billion since its peak in November. Meanwhile, Ether has lost about $ 50 billion in market value on this week’s sale and has seen its total market cap drop by about $ 170 billion since its peak.

Some investors expect the crypto sell-off to be short-lived despite breaking various support levels. Crypto bull Mike Novogratz expects bitcoin to find a bottom of around $ 38,000 as institutions step in and buy, which is an additional downside of around 12% from current levels.

But bitcoin and ether aren’t the only tokens behind the decline in the total market value of cryptocurrencies. More than 25 cryptocurrencies with a market value of at least $ 1 billion have wiped out 10% or more of their market value in the past week.

Top-flight Solana has fallen 9% in the past day and is down 42% from her all-time high. Meanwhile, Cardano is around 60% below its all-time high, while Polkadot is down around 51% from its peak. If investors maintain their risky attitude towards speculative assets due to a Fed tightening, the decline in cryptocurrencies could continue.

Market value of crypto


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LIVE MARKETS On the road to Apple’s $ 3 trillion market cap: many buyouts https://winterhost.org/live-markets-on-the-road-to-apples-3-trillion-market-cap-many-buyouts/ Tue, 04 Jan 2022 18:02:00 +0000 https://winterhost.org/live-markets-on-the-road-to-apples-3-trillion-market-cap-many-buyouts/ S&P 500 drops, Nasdaq slips around 1.7%, DJI up Energy leads the winners in the S&P sector; weakest technological group Banks explode, FANG, tokens fall Dollar ~ flat; bitcoin, gold, raw The 10-year US Treasury yield is ~ 1.68% January 4 – Welcome home for real-time market coverage presented by Reuters reporters. You can share […]]]>
  • S&P 500 drops, Nasdaq slips around 1.7%, DJI up
  • Energy leads the winners in the S&P sector; weakest technological group
  • Banks explode, FANG, tokens fall
  • Dollar ~ flat; bitcoin, gold, raw
  • The 10-year US Treasury yield is ~ 1.68%

January 4 – Welcome home for real-time market coverage presented by Reuters reporters. You can share your thoughts with us at market.research@thomsonreuters.com

ON THE TRACK OF APPLE 3 TRLN MARKETING CAPITALIZATION: LOTS OF BUYBACKS (1300 EST / 1800 GMT)

Perhaps one of the factors that pushed Apple (AAPL.O) to reach $ 3 trillion in market capitalization is its very high level of share buybacks over the years.

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“Buybacks are definitely one of the parts. You know there will be buying there even if others don’t like it,” said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.

“They are making buyouts at record levels,” he said. “From an investor perspective, this is very important.

Apple on Monday became the first company to cross the market capitalization mark, but its market value was just below that level on Tuesday afternoon.

Silverblatt said Apple repurchased $ 348.3 billion in the five years leading up to the third quarter of 2021, reducing its stock count by 22.9% during that period.

Historically, the company represents 14 of the 15 largest quarterly buyouts of S&P 500 companies, according to data from Silverblatt.

Investors and others “assume they’re going to continue like this, and that’s a very good assumption,” Silverblatt said.

(Caroline Valetkevitch)

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NEW YEAR STARTS WITH A BANG (1140 EST / 1640 GMT)

With London shutting down for a public holiday on Monday, today was the first trading day for the FTSE and blue chips (.FTSE) started the year off on a high, jumping 1.6%, as Omicron’s fears subside.

The best performer, in terms of individual stocks, is the owner of British Airways IAG (ICAG.L), which had its best day since November, giving some support to the European Travel and Leisure Index (.SXTP ) – an indicator of fears around the pandemic – up 3.3% to reach its highest level in six weeks.

Tuesday’s milestones spread across Europe with the pan-European STOXX 600 index (.STOXX) hitting record highs, with the auto index (.SXAP) set for its best week in 11 months and banks (. SX7P) having their best day since October, up 3.2%.

sectors

(Joice Alves)

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PMI, JOLTS: IS THE ECONOMY CHANGING? (1125 EST / 1625 GMT)

“Scarcity of supplies and workers” was among the top-air songs of 2021, an earworm that fueled inflation concerns has helped remove the phrase “transient inflation” from the Fed’s vocabulary.

But two reports released on the matter on the second trading day of the new year suggest the economy may hum a more optimistic tune.

For starters, as U.S. factory activity has lost momentum in the final weeks of 2021, there are glimmers of hope buried beneath the title.

The Institute for Supply Management (ISM) Purchasing Managers Index (PMI) (USPMI = ECI) reached a reading of 58.7 in December, marking a deceleration of 2.4 points from November and being below the consensus figure of the same 60. read more

A PMI number greater than 50 means increased activity compared to the previous month.

As growth in new orders and inventory slowed, the good news is that the price paid component fell to its lowest level in more than a year, hinting that the constricted supply chain could slowly unclog.

And employment increased slightly, a positive sign for the sector, which has been hampered in recent months by a shortage of skilled workers.

“The US manufacturing sector remains in a demand-driven and supply chain environment, with indications of improvements in labor resources and supplier delivery performance,” writes Timothy Fiore, chairman of the committee. survey of ISM manufacturing companies.

Indeed, the report marks the 19th consecutive month in expansionary territory for the manufacturing sector, which is responsible for nearly 12% of US GDP.

Survey respondents sang once again in unison, with phrases like ‘keep tackling pressures from work, materials and transportation’ and ‘dealing with supply constraints on a daily basis’, scattered around in their comment.

Global financial reporting firm IHS Markit released its view of the December manufacturing PMI on Monday, posting a slightly less rosy impression of 57.7.

ISM PMI

Separately, there were 10.562 million job postings in November, an unexpected drop from the previous month’s all-time high of 11.091 million.

The Ministry of Labor’s Job Opportunities and Rotation Survey (JOLTS) (USJOLT = ECI), which measures labor market rotation, also showed an increase in hires and departures, while layoffs remained essentially stable.

Combined, these numbers bode well for a “full recovery” in the labor market, a goal the Federal Reserve repeated to nausea as a condition of tightening its lax monetary policy in the COVID era.

The increase in the quit rate is often seen as a barometer of consumer expectations, as workers are less likely to leave a job in times of economic uncertainty. But the pandemic has added a question mark to that theory, as many Americans could be sidelined due to new restrictions as new variants emerge, and good old-fashioned fear.

But Elise Gould, senior economist at the Economics Policy Institute, chooses to emphasize the positive.

“Hires are up as quits continue to rise,” Gould tweets. “Workers seem confident that they will quit their jobs in search of better ones. “

“Let’s be clear: these trends predate Omicron’s rise,” Gould adds.

SHOCKS

Market players are now looking to Friday’s December jobs report, which analysts expect to show 400,000 more jobs and an unemployment rate down 0.1 percentage point to 4.1% .

Wall Street is a mixed bag in late-morning trading, with financials (.SPSY) and industrials (.SPLRCI) underlying the Dow (.DJI), but technology (.SPLRCT), and in particular FANG (.NYFANG) and chips (. SOX), dragging the S&P 500 (.SPX) and Nasdaq (.IXIC) into the red.

(Stephen Culp)

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2021 FORCE 2022 SWAGGER SIGNALS (1045 EST / 1545 GMT)

The stock market kicked off in 2022 with benchmarks hitting new all-time highs, and investors perhaps should have known this because of how stocks ended 2021.

The S&P 500 gained 4.4% in December, the 20th time the index has registered a gain of at least 4% in December since 1928, according to Frank Cappelleri, office strategist at Instinet.

For the previous 19 instances, the S&P 500 rose 16 times in January, or 84% of the time, Cappelleri said in a note, while January saw an overall increase of only 62% of the time. The average move over those 19 periods was a gain of 2.3% versus an overall average gain of 1.2% for January.

The S&P 500’s 10.6% rise in the fourth quarter is also auspicious. The index has now gained at least 10% in 24 quarters since 1980, according to Cappelleri. On past occasions, the index rose in the following quarter 20 out of 23 times, or 87%, with an average movement of 5.4%.

“Force has begotten force for quite some time, and while that can change at any time, we shouldn’t ignore studies like these – especially when they line up over different time periods,” Cappelleri said. in his note.

(Lewis Krauskopf)

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MIXED, BUT TILTING AMERICAN STOCKS IN FAVOR OF VALUE (1019 EST / 1519 GMT)

The Dow (.DJI) and S&P 500 (.SPX) hit record highs on Tuesday as concerns about the Omicron variant of the coronavirus subsided.

Meanwhile, the yield on the 10-year US Treasury continues to climb. It is now around 1.67%.

With this, the banks are outperforming again. The S&P 500 Banks Index (.SPXBK) rose more than 3% for a second consecutive day. His sliding two-day gain is on track to be the biggest since the start of 2021.

Chips (.SOX), FANG (.NYFANG) and tech (.SPLRCT) are on the losing side, dragging the Nasdaq (.IXIC) into the red.

Therefore, unsurprisingly, value (.IVX) clearly outperforms growth (.IGX) in early trade.

Here’s where the markets are at the start of trading:

earlytrade01042019

(Terence Gabriel)

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NASDAQ COMPOSITE: HEALTHIER GUT (0900 EST / 1400 GMT)

As earnings from Apple (AAPL.O) read more and Tesla (TSLA.O) read more grabbed the headlines on Monday, Nasdaq vital signs continue to improve:

IXICNHNL01042021

The Nasdaq New High / New Low Index (NH / NL), a measure built around new annual highs and lows, rose to 32.2% on Monday, its highest level since November 26. read more

It should be noted that the Nasdaq NH / NL index hit a low of 12.5% ​​on December 6. It then showed bullish convergence to the Nasdaq Composite (.IXIC) December 20 low, then established a higher low at 19.7% on December 22. It is now quickly approaching a hurdle in the form of its mid-October low of 33.6%.

If 33.6% are erased, the NH / NL index would certainly have a substantial room for improvement before approaching resistance lines intact from its 2021 peaks. Its November high was 75.7%. Read more

In this case, the IXIC could easily have enough underlying strength to propel it to new records.

Longer term, however, concerns remain as the composite is so close to its all-time highs, but this metric is massively below its early to mid-2021 levels.

However, a break in the NH / NL from its rising 10-day moving average, then from its late-December low, could potentially put the composite at risk for critical care.

(Terence Gabriel)

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Terence Gabriel is a market analyst at Reuters. The opinions expressed are his

Our Standards: Thomson Reuters Trust Principles.


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Secret (SCRT) enters the top 100 cryptos by market capitalization https://winterhost.org/secret-scrt-enters-the-top-100-cryptos-by-market-capitalization/ Sun, 02 Jan 2022 04:49:44 +0000 https://winterhost.org/secret-scrt-enters-the-top-100-cryptos-by-market-capitalization/ Why the need for confidentiality? In recent weeks, there has been a marked increase in regulatory chatter. The Bank of England recently raised concerns about cryptos and their risks to financial stability. The UK central bank also spoke of the need for a global regulatory framework. The global crypto exchange Binance has also been criticized. […]]]>

Why the need for confidentiality?

In recent weeks, there has been a marked increase in regulatory chatter. The Bank of England recently raised concerns about cryptos and their risks to financial stability. The UK central bank also spoke of the need for a global regulatory framework. The global crypto exchange Binance has also been criticized. Last month Binance withdrew its candidacy in Singapore and was also criticized in Ontario, Canada. Then there is China’s continued crackdown and recent news about the Indian government and its investigations into tax evasion among crypto exchanges. Binance-owned WazirX was among a number of exchanges sought by Indian tax authorities in the New Year.

With the return of regulatory oversight back on the agenda, user privacy has also become a key issue again. However, this need for confidentiality is not just a result of increased interest on the part of regulators. Privacy would also protect users from becoming targets and that is before considering any smart contract disclosures. Smart contracts are publicly available and disclose a significant amount of information. These can include the subject of the contract, the users involved, and the inputs and outputs. For example, the details of Ethereum’s (ETH) smart contract are publicly available. Ultimately, providing increased security, through the privacy of smart contracts, would protect users.

As the world continues to embrace DeFi, Web3, the Metaverse, and more, privacy concerns will likely become an even bigger area of ​​focus. One need only consider the Facebook data leak and the ensuing fury to see the need for more privacy in smart contracts next.

Secret Price Action (SCRT)

Saturday 1st In January 2022, SCRT rose 20.74% to end the day at $ 6.1437. According to CoinMarketCap, Secret (SCRT) is now ranked 100th by market capitalization. At the time of writing this article, Secret’s market capitalization (SCRT) is $ 900.37 million. However, Saturday’s close was well below the late October ATH $ 10.9994.

Despite the pullback from last October’s highs, SCRT ended 2021 up 733%. The New Year’s rally was not focused on the market, when you consider the price action in the larger crypto market. ETH rose 2.45% more modestly on the day.

Increased regulatory chatter and a greater focus on smart contract privacy would likely increase investor interest in Secret (SCRT). With Secret (SCRT) in the top 100 by market cap, it is now on the radar of the crypto market. The most bullish price prediction is that Secret (SCRT) will return to levels of $ 10.30 by the end of the year.

As for resistance levels, a break from December’s $ 6.44 high could allow SCRT to return to the $ 10.00 levels. Such a move would make the forecast of $ 10.30 by year-end particularly cautious.


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A myriad of crypto market cap positions have moved chaotically this year – Bitcoin Planet markets and prices https://winterhost.org/a-myriad-of-crypto-market-cap-positions-have-moved-chaotically-this-year-bitcoin-planet-markets-and-prices/ Thu, 30 Dec 2021 16:13:53 +0000 https://winterhost.org/a-myriad-of-crypto-market-cap-positions-have-moved-chaotically-this-year-bitcoin-planet-markets-and-prices/ 2021 has been a bullish year for crypto assets. As prices have gone up a lot, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A large number of coins have either been reduced or entered the top positions in the crypto economy in terms of overall market […]]]>

2021 has been a bullish year for crypto assets. As prices have gone up a lot, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A large number of coins have either been reduced or entered the top positions in the crypto economy in terms of overall market valuation.

Top crypto asset positions of 2021 change dramatically

On December 27, 2020, a historical snapshot of crypto prices on that day shows that bitcoin (BTC) and ethereum (ETH) are both leading the pack when it comes to the top two valuations in the crypto asset market. . This is still true today, as BTC and ETH are the two main market leaders. However, on December 27, 2020, the value of bitcoin was $ 26,272 per unit and BTC had a market cap of $ 488 billion. Additionally, Ethereum was changing hands for $ 682 per unit on the same day and had a market cap of around $ 77.8 billion.

The top ten digital currencies as of December 27, 2020, according to the historical index of the best coins of coinmarketcap.com.

Fast forward to the stats for December 26, 2021, and BTC was trading at $ 50,809 per unit and had an overall market valuation of around $ 960 billion. ETH on December 26, 2021, was trading for $ 4,067 per coin and had a market cap of around $ 483 billion. We know prices have changed since December 27, 2020, but BTC and ETH are still leading the pack in terms of top crypto positions. On the other hand, the rest of the first 20 pieces have been shuffled like a deck of cards.

2021 digital asset shuffle: A myriad of crypto market cap positions have changed chaotically this year
The top ten digital currencies as of December 26, 2021, according to the historical index of the best coins from coinmarketcap.com.

Tether (USDT) held the third position in the market last year and today it has risen to the fourth largest crypto asset in terms of market valuation. Last year xrp (XRP) was in fourth place, but today XRP has moved up to seventh place among cryptocurrencies. A year ago, Litecoin (LTC) was the fifth crypto asset in terms of overall valuation, but LTC has fallen to 19th place. Likewise, bitcoin cash (BCH) held the sixth highest valuation in the market last year, but on December 26, 2021, BCH was hovering around the 25th rank.

Binance coin (BNB) managed to increase its position in the market and is the third largest market as of December 26, but a year ago BNB’s market cap was in seventh place. Chainlink (LINK) was in eighth place last year, but as of December 26, LINK fell to 20th in coin market caps. Cardano (ADA) was hovering around ninth position in the market last year, but has risen to sixth in a year. Finally, the polkadot (DOT) was the tenth largest market and also occupied this position on December 26.

New additions to the top ten rankings include terra (LUNA) at ninth, the USDC entered eighth in coin market capitalizations and solana (SOL) ranks fifth today. Last year, LUNA’s market cap was 67th, USDC was 11th, and SOL was 139th on December 27, 2020.

In addition to the top ten in the standings, a large amount of chips from tenth to 20th has also moved a lot this year. Many coins have progressed and a myriad of tokens have relinquished the positions they once occupied last year. It shows that 12 months in the crypto world can make a big difference.

Tags in this story

ada, Bitcoin, bitcoin cash, bnb, BTC, Cardano, Crypto assets, crypto assets, Crypto Coins, DOT, ETH, ether, Ethereum, LiNK, litecoin, LUNA, Polkadot, SOL, Solana, Terra, Tether, Top 10, Top 20, USDC, USDT

What do you think of the revamped top ten that took place this year? Let us know what you think of this topic in the comments section below.

Jamie redman

Jamie Redman is Head of News at Bitcoin.com News and a FinTech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code, and decentralized applications. As of September 2015, Redman has written over 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.




Image credits: Shutterstock, Pixabay, Wiki Commons

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Terra’s UST becomes the first decentralized stablecoin to reach a market cap of $ 10 billion https://winterhost.org/terras-ust-becomes-the-first-decentralized-stablecoin-to-reach-a-market-cap-of-10-billion/ Mon, 27 Dec 2021 11:31:32 +0000 https://winterhost.org/terras-ust-becomes-the-first-decentralized-stablecoin-to-reach-a-market-cap-of-10-billion/ Without a doubt, one of the most significant areas of growth in the crypto space this year is the stablecoins market. In fact, according to a report, the biggest stablecoin issuers have grown 500% in the past 12 months. UST, one of the stable pieces of the Terra ecosystem, has recorded impressive numbers in this […]]]>

Without a doubt, one of the most significant areas of growth in the crypto space this year is the stablecoins market. In fact, according to a report, the biggest stablecoin issuers have grown 500% in the past 12 months. UST, one of the stable pieces of the Terra ecosystem, has recorded impressive numbers in this area.

It toppled DAI’s reign as the largest decentralized stablecoin by market cap, making it one of the top 22 crypto projects by market cap.

Terra USD / UST also added to its market dominance with a share increase from 0.67% to over 6% in 2021, with hardly any stock exchange listing. Do Kwon, the founder of the Korean blockchain project Terra, estimates that demand for his US dollar-pegged stablecoin could increase “rapidly” in early 2022.

Well, looks like the party might have started early.

Staggering figures

UST’s market cap was around $ 200 million at the start of 2021. Fast forward to December 2021 and the market cap value is around the $ 10 billion mark.

Ergo is now the first decentralized stablecoin to take this step. This implies that UST has grown 5 times higher since the start of the year.

Now, even though UST ranks # 1 in decentralized stablecoins, it still lags behind more well-known centralized competitors like USDT, USDC, and BUSD. Nonetheless, it continues to make significant progress in closing this gap.

Two leading exchanges in terms of volume traded have included UST on their platforms. Huobi, an Asian exchange, announced that it will include the asset in its pioneer zone on December 23. Binance also reported the stablecoin listing on the same day, stating that it will offer three different UST trading pairs: UST / BTC, UST / BUSD and UST / USDT.

Right after Binance’s announcement, over 200 million USTs were issued.

This, depending on the token issuance dynamics, could have influenced the increase in the price of LUNA (Terra’s native token).

The price of LUNA has a direct positive correlation with the increase in supply of UST. Consider the graph below, for example, which on December 26 looked like,

Source: Twitter

At time of printing, LUNA was trading just below the $ 100 mark (+ 3.5%). But, with the demand for UST growing exponentially, $ 100 LUNA is just another milestone, not the goal. In terms of total locked-in value, the network passed the $ 21 billion mark, just behind ETH.

(Terra’s TVL is supercharged because every dollar coming in comes in the form of native tokens or USTs. equals to buy snap for native token or LUNA engraving.)

Growth prospects

Altcoin has caught the attention of serious investors. Not so long ago, analyst Michaël van de Poppe shared his bullish scenario for the same. Projecting a 2x to 10x surge, he estimated,

“LUNA is currently one of the strongest assets in the crypto market. Not only LUNA, but also AVAX (Avalanche), MATIC (Polygon) work very well.

Another person predicted a rise of 10 or more in the coming year, thanks to the increasing adoption of UST and LUNA burns.

Possible?

Well, sometimes the projections can get too ambitious. However, this time it could turn out different.

Source: Digital delphi

Given this growth in 2021 and to come catalysts, a growth of 150% in 2022 is not unreasonable. Indeed, according to The data compiled by Delphi Digital, UST could reach $ 23 billion by EOY 2022.



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Cryptocurrency market cap rebounds after sharp fall https://winterhost.org/cryptocurrency-market-cap-rebounds-after-sharp-fall/ Tue, 21 Dec 2021 03:17:00 +0000 https://winterhost.org/cryptocurrency-market-cap-rebounds-after-sharp-fall/ The total cryptocurrency market capitalization (TOTALCAP) has potentially bottomed out in the near term. This would confirm this with a break out of the current descending resistance line. TOTALCAP in fall The weekly chart shows that TOTALCAP has been declining since it hit an all-time high of $ 2.96 trillion (Tn) on November 10. The […]]]>

The total cryptocurrency market capitalization (TOTALCAP) has potentially bottomed out in the near term. This would confirm this with a break out of the current descending resistance line.

TOTALCAP in fall

The weekly chart shows that TOTALCAP has been declining since it hit an all-time high of $ 2.96 trillion (Tn) on November 10. The fall peaked with a low of $ 1.92 billion on December 4.

Then TOTALCAP bounced back, leaving a long lower bit in place.

More importantly, the wick was created inside the $ 1.85- $ 2.07 Tn support area created by the 0.5-0.618 Fib retracement support level.

However, technical indicators offer a neutral outlook.

The MACD, which is created by a short and long term moving average (MA), is falling but remains positive. This means that while short-term AD decelerates, it is always faster than long-term AD.

Likewise, the RSI is going down but is above 50. The RSI is an indicator of momentum, and movements above / below 50 are seen as signs of an uptrend / downtrend.

Chart by TradingView

Short-term rebound

Cryptocurrency trader @AltstreetBet tweeted a TOTALCAP chart, indicating that an increase to $ 2.6 billion is expected.

Source: Twitter

The daily chart provides a more bullish outlook. This is visible from the bullish divergence of the RSI and MACD. This is an event that very often precedes uptrend reversals.

It is therefore possible that a bullish movement will follow.

Chart by TradingView

Currently, there is resistance at $ 2.37 billion created by a descending resistance line and horizontal resistance zone.

If TOTALCAP is successful out of the resistance line, the next level of horizontal resistance would be $ 2.63.

Chart by TradingView

ALTCAP movement

The Altcoin Market Cap (ALTCAP) offers an almost identical outlook, with the same bullish divergence present in both the RSI and MACD.

The only exception is that ALTCAP has also been following an ascending support line since September 20. This therefore further strengthens the current level of support.

Therefore, the rate of increase is likely to accelerate once ALTCAP breaks out of the current short term descending resistance line (dotted line).

Chart by TradingView

For the latest BeInCrypto Bitcoin Analysis (BTC), click here

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