Market highlights: Bitcoin and oil show correction, Snap down 20%, Match Group up 10%

Market highlights: Bitcoin and oil show correction, Snap down 20%, Match Group up 10%
фото показано с : invezz.com

2021-10-24 14:47

After its new all-time high of almost $67,000, Bitcoin (BTC/USD) lost over 3% over the past 24 hours. In the top 10, seven other coins also lost value, probably due to profit taking after the recent rally. Two notable exceptions were Polkadot (DOT/USD) and Solana (SOL/USD), with the latter up more than 12%.

Cardano (ADA/USD) will undergo a hard fork at approx. 21:44 UTC today. The upgrade should not last long and trading will likely not be affected.

$SNAP loses 20%   

During after-hours trading on Thursday afternoon, Snap Inc. shares dropped by more than 20%. The creator of Snapchat predicted a weaker than expected holiday season, blaming Apple for imposing privacy changes on iOS devices that hurt their ability to target and measure digital advertising.

Match Group shares up 10%

Dating company Match Group, which owns Tinder, OKCupid, Hinge, and match.com, gained 10.3% yesterday after Google announced plans to reduce its fee on the subscription-based apps in Google Play.

PayPal share price down almost 6%  

The major US stock indices were mixed yesterday. DJ30 was slightly in the red, while NASDAQ100 gained 0.6%. The tech-heavy index’s top performers were fitness company Peloton Interactive, Netflix, and Tesla with gains of 4.9%, 4.4%, and 3.4% respectively.

One of the biggest losers on NASDAQ100 was PayPal, whose share price dropped by 5.8%. Investors reacted negatively to the news that the payment processor was in talks to buy Pinterest.

IBM loses 9.4% due to missed revenue expectations

IBM dragged DJ30 down with a notable loss of 9.4% after inconsistencies with revenue expectations for Q3. The selloff that followed hurt the whole performance of the DJ30 index. Today, Federal Reserve Chair Jerome Powell’s participation in a finance conference might impact US markets. He will be taking part in a virtual panel discussion hosted by the South African Reserve Bank.

Oil continues to slide

After dropping to almost $80 yesterday, oil ultimately managed to end the day above $82, but was still in the red throughout Thursday. Today, oil prices are still dropping away from their recent 7-year peak.

The post Market highlights: Bitcoin and oil show correction, Snap down 20%, Match Group up 10% appeared first on Invezz.

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Bitcoin (BTC) на Currencies.ru

$ 61873.05 (-0.08%)
Объем 24H $26.279b
Изменеия 24h: -0.99 %, 7d: -1.05 %
Cегодня L: $61392.69 - H: $61927.07
Капитализация $1218.806b Rank 1
Цена в час новости $ 61056.07 (1.34%)

lost bitcoin seven past hours coins profit

lost bitcoin → Результатов: 126


Фото:

Bitcoin Investors Haven’t Lost More than $200 Despite Crash: Analysis

Any significant crash in bitcoin price tends to focus the minds of investors on money lost. However, for the overwhelming majority of investors, that isn’t actually going to be very much. As recently pointed out in an article on LongHash, out of investors who have lost money on the latest bitcoin price drop, less than 10% are likely to have lost more than $200.

2019-11-27 16:30


Фото:

Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

2018-7-7 03:00


Фото:

Bitcoin Hasn’t Lost Its Way – It’s Just Getting Started

Bitcoin has seen a massive decline in 2018 and it looks like it may get worse before it gets better. It is leaving investors grasping for reasons why the world’s top cryptocurrency is falling so hard, with some wondering – could this be it for Bitcoin? Has Bitcoin Lost Its Way? Interest in Bitcoin – and cryptocurrencies in general – reached a frenzied pitch back in December of last year as mainstream media sources scrambled Read More The post Bitcoin Hasn’t Lost Its Way – It’s Just Getting Started appeared first on Bitcoinist.com.

2018-6-29 13:00


Why the

A confusing 18 zero hashtag posted on June 19th provokes lots of debate within the crypto community. Members of the cryptocurrency community lost their minds when seeing this confusing code. The hashtag actually represents a cryptographic code known as a hash produced each time new transactions are validated and written onto the bitcoin blockchain.

2018-6-22 17:06