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Posts published in “Business”

Infiniti’s new chief lays out his grand plan to revive the flailing luxury brand, whose sales have dropped 50% since 2017

Summary List PlacementPeyman Kargar has a big new job. Appointed in June of 2020 as the chairman of Nissan's up-market Infiniti line, he has taken the helm of a brand in free-fall. Since 2017, Infiniti has seen its sales decline by 50%, one of the steepest plummets in recent automotive history. Last year, the brand…

Bitcoin (BTC) Consolidates Just Below $60,000

While the direction of the Bitcoin trend is not entirely clear, it is likely that is bullish. This would be confirmed by a breakout above the current short-term descending resistance line. Long-Term Weekly Close Last week, Bitcoin decreased slightly, creating a small Doji candlestick. This is seen as a sign of indecision, especially since it…

Decentralized FLOAT Stablecoin will Complement RAI and FEI Economies

The Float Protocol was introduced in early February as the ‘first truly native internet currency’ which is stable, yet floating. As reported by BeInCrypto, it has entered a market that already has similar products. The Ethereum-backed Rai stablecoin launched on Feb. 17, and the new economy Fei Protocol kicked off on March 22.   On March…

Bitcoin May Turn Bearish in 2022 Says Big Chinese Miner

Bitcoin Bear-In-Waiting According to one of China’s biggest Bitcoin (BTC) miners, Jiang Zhuoer, the top cryptocurreny might enter a bearish period in the summer of next year. In an interview with Chinese crypto-media journalist Wu Blockchain, Jiang Zhuoer pointed out that multiple studies suggested the Bitcoin market’s growth might begin slowing in autumn this year.…

Kraken Daily Market Report for March 21 2021

Overview Total spot trading volume at $876.0 million, below the 30-day average of $1.73 billion. Total futures notional at $514.3 million. The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Polkadot. Strong returns from Decentraland Mana (+9.3%), Siacoin (+6.8%), and Ocean (+9.4%). March 21, 2021  $876.0M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  XBT $57392. ↓1.1% $437.5M ETH $1784.6 ↓1.0% $119.9M USDT $1.0003 ↑0.03% $110.4M ADA $1.1868 ↓1.1% $52.4M DOT $36.704 ↓1.4% $29.3M XRP $0.5174 ↓1.9% $22.5M USDC $1.0000 ↑0.01% $18.2M…

Kraken Daily Market Report for March 20 2021

Overview Total spot trading volume at $946.6 million, below the 30-day average of $1.77 billion. Total futures notional at $562.8 million. The top five traded coins were, respectively, Bitcoin, Tether, Ethereum, Cardano, and Polkadot. Strong returns from Ripple (+12%), Orchid (+6.9%), and Lisk (+5.0%). March 20, 2021  $946.6M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  XBT $58042. ↑0.02% $376.8M USDT $1.0000 ↑0.0% $117.9M ETH $1803.3 ↓0.4% $111.4M ADA $1.2014 ↓7.3% $73.9M DOT $37.210 ↓2.5% $57.0M XRP $0.5236 ↑12% $54.8M SC $0.0230 ↓5.5% $37.1M USDC $0.9999 ↑0.0% $19.1M…

Kraken Daily Market Report for March 19 2021

Overview Total spot trading volume at $1.1 billion, below the 30-day average of $1.79 billion. Total futures notional at $466.2 million. The top five traded coins were, respectively, Bitcoin, Tether, Ethereum, Cardano, and Polkadot. Strong returns from Enzyme (+27%), Keep (+18%), and Orchid (+18%). March 19, 2021  $1.1B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  XBT $58101. ↑0.9% $443.3M USDT $0.9999 ↑0.01% $168.7M ETH $1810.7 ↑2.0% $140.5M ADA $1.2980 ↑5.8% $128.8M DOT $38.147 ↑8.0% $82.5M SC $0.0244 ↑8.1% $17.2M USDC $0.9999 ↑0.0% $16.0M LINK $29.822 ↑1.7% $12.6M…

Kraken Daily Market Report for March 18 2021

Overview Total spot trading volume at $1.5 billion, near the 30-day average of $1.82 billion. Total futures notional at $570.1 million. The top five traded coins were, respectively, Bitcoin, Cardano, Tether, Ethereum, and Polkadot. Strong returns from Enzyme (+14%) and Balancer (+13%). March 18, 2021  $1.5B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  XBT $57872. ↓2.1% $637.5M ADA $1.2440 ↓9.8% $289.6M USDT $0.9998 ↓0.01% $201.3M ETH $1786.1 ↓2.2% $158.9M DOT $35.930 ↓0.8% $44.7M KSM $376.81 ↑8.7% $21.8M USDC $0.9998 ↓0.02% $21.3M FIL $76.671 ↓13% $19.8M LINK $29.675 ↓4.6% $19.2M LTC $200.58 ↓2.9% $17.3M…