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- Nana712Nana712
  ·2021-05-21
  [Strong]
  4 reasons you may want to buy Apple ahead of its annual developers conference
  Apple’s stock could soon see a wave of positive catalysts, according to one trader.Apple is expected to unveil new operating systems for devices including the Mac, iPad, Apple Watch and Apple TV at its annual developers conference, which Gordon sees as a possible boon for the stock.Add in rumors of a new iPhone and redesigned MacBook Pro coming later this year, and the fundamentals largely support an upside move in the stock, he said.“Apple has 30% of the 5G smartphone market right now and it’s
  4 reasons you may want to buy Apple ahead of its annual developers conference
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- Nana712Nana712
  ·2021-04-21
  Disney +
  Netflix reports dramatic slowdown in subscribers
  KEY POINTS Netflix shares fell as much as 11% in after-hours trading after reporting a large miss i
  Netflix reports dramatic slowdown in subscribers
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- Nana712Nana712
  ·2021-04-19
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  Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February
  Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices we
  Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February
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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 reasons you may want to buy Apple ahead of its annual developers conference</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 reasons you may want to buy Apple ahead of its annual developers conference\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/21/-apple-wwdc-four-reasons-you-may-want-to-buy-apple-stock-soon.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s stock could soon see a wave of positive catalysts, according to one trader.\nFour things in particular make it a particularly attractive buy ahead of its June 7 worldwide developers conference,...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/21/-apple-wwdc-four-reasons-you-may-want-to-buy-apple-stock-soon.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/05/21/-apple-wwdc-four-reasons-you-may-want-to-buy-apple-stock-soon.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1159725394","content_text":"Apple’s stock could soon see a wave of positive catalysts, according to one trader.\nFour things in particular make it a particularly attractive buy ahead of its June 7 worldwide developers conference, TradingAnalysis.com founder Todd Gordon told CNBC’s“Trading Nation”on Thursday.\n1. Fundamentals\nApple is expected to unveil new operating systems for devices including the Mac, iPad, Apple Watch and Apple TV at its annual developers conference, which Gordon sees as a possible boon for the stock.\nAdd in rumors of a new iPhone and redesigned MacBook Pro coming later this year, and the fundamentals largely support an upside move in the stock, he said.\n“Apple has 30% of the 5G smartphone market right now and it’s growing,” Gordon said. “The Q2 earnings blew expectations away. They had double-digit growth rates across all product categories.”\n2. Market dynamics\nThough rising Treasury yields have put pressure on the technology trade in recent weeks, that correlation may be weakening, Gordon said.\n“After the initial move up in March of ’21, yields have gone nowhere. They’ve just gone sideways for two months,” he said.\n\n“We might see a push up in interest rates, but I think the market is starting to expect that, and the initial shock of a sharp move up in rates won’t be as drastic as we see it continue to move up,” he said.\n3. Sector rotation\nHe says a chart showing the sector SPDR ETFs for financials, materials, discretionary and tech rotating in and out of favor is showing an improving outlook for tech.\n\n“In late April into May we saw a very big move into financials and materials,” Gordon said. “We’re starting to see a really nice move into technology. As we head up into [the blue] quadrant, this is the improving quadrant. This is the early sign of a possible rotation back in.”\n4. Technicals\nApple’s stock has also been forming a pattern that plays into Elliott wave theory, a type of predictive technical analysis based on recurring price movements, Gordon said.\nHe said the stock has formed a five-wave pattern while consolidating that could signal a sharp upward move.\n“It looks like we could begin to push higher from this consolidation pattern,” Gordon said.\n\n“If we break below $116.20 in Apple, this pattern is invalid. I would use that as a stop loss,” he said. “I think the upside, using multiple projections that we use, gets you up just south of $200 in Apple. I think that could happen over the next six to nine months in Apple.”\nApple closed at $127.31 on Thursday.\n“For those four reasons, I do think Apple is a buy with a very defined risk, only about $10 from current market prices,” Gordon said. “We could move up, say, $60, $70 from here.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371553420,"gmtCreate":1618962410160,"gmtModify":1704717456986,"author":{"id":"3581832360028897","authorId":"3581832360028897","name":"Nana712","avatar":"https://static.tigerbbs.com/8a707d441ef2e90535e0e001107a4767","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581832360028897","authorIdStr":"3581832360028897"},"themes":[],"htmlText":"Disney +","listText":"Disney +","text":"Disney +","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371553420","repostId":"1103986621","repostType":4,"repost":{"id":"1103986621","pubTimestamp":1618958134,"share":"https://ttm.financial/m/news/1103986621?lang=&edition=fundamental","pubTime":"2021-04-21 06:35","market":"us","language":"en","title":"Netflix reports dramatic slowdown in subscribers","url":"https://stock-news.laohu8.com/highlight/detail?id=1103986621","media":"cnbc","summary":"KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss i","content":"<div>\n<p>KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report.\nThe company’s revenue still grew 24% year...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix reports dramatic slowdown in subscribers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix reports dramatic slowdown in subscribers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 06:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report.\nThe company’s revenue still grew 24% year...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1103986621","content_text":"KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report.\nThe company’s revenue still grew 24% year over year and was in line with its beginning of quarter forecast, Netflix said.\nIt also delivered a strong beat on earnings compared to Street estimates.\n\nNetflixshares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in itsfirst-quarter earnings report. The company also said it only expects to add about 1 million subscribers in the current quarter.\nHere are the key numbers:\n\nEarnings per share (EPS): $3.75, vs $2.97 expected, according to Refinitiv survey of analysts\nRevenue:$7.16 billion, vs $7.13 billion expected, according to Refinitiv\nGlobal paid net subscriber additions: 3.98 million vs 6.2 million expected, according to Factset\n\n“We believe paid membership growth slowed due to the big Covid-19 pull forward in 2020 and a lighter content slate in the first half of this year, due to Covid-19 production delays,” Netflix said in its letter to shareholders.\nNetflix has continued to hold itself against a bevy of competitors includingDisney’s Disney+ and Hulu,AT&T’s HBO Max,AppleTV+,AmazonPrime andComcastNBCUniversal’s Peacock. The company said in its report that it doesn’t believe competition played a factor in the weak subscriber numbers.\n“We don’t believe competitive intensity materially changed in the quarter or was a material factor in the variance as the over-forecast was across all of our regions,” according to the report.\nNetflix anticipates its content to pick back up later in the year, following production delays caused by the Covid-19 pandemic.\n“As we’ve noted previously, the production delays from Covid-19 in 2020 will lead to a 2021 slate that is more heavily second half weighted with a large number of returning franchises,” the company said.\nThe company said that production is back up and running in nearly all of its major markets. If that continues, Netflix said it expects to spend more than $17 billion in cash on content this year.\nThe company’s revenue grew 24% year over year and was in line with its beginning of quarter forecast, Netflix said. It also delivered a strong beat on earnings compared to Street estimates.\nNetflix also approved a buyback program to repurchase up to $5 billion in common stock, beginning in 2021 with no fixed expiration date. That’s expected to begin the quarter, the company said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373974794,"gmtCreate":1618818513918,"gmtModify":1704715295263,"author":{"id":"3581832360028897","authorId":"3581832360028897","name":"Nana712","avatar":"https://static.tigerbbs.com/8a707d441ef2e90535e0e001107a4767","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581832360028897","authorIdStr":"3581832360028897"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373974794","repostId":"2128868471","repostType":4,"repost":{"id":"2128868471","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618759080,"share":"https://ttm.financial/m/news/2128868471?lang=&edition=fundamental","pubTime":"2021-04-18 23:18","market":"us","language":"en","title":"Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February","url":"https://stock-news.laohu8.com/highlight/detail?id=2128868471","media":"Dow Jones","summary":"Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices we","content":"<blockquote>Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.</blockquote><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\"></p><p>However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.</p><p>This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.</p><p><b>Crypto euphoria</b></p><p>Some industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.</p><p>Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.</p><p>Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .</p><p><b>Crackdown? Or 'FUD'</b></p><p>Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.</p><p>Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.</p><p><b>Coinbase hangover?</b></p><p>Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.<a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.</p><p>In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.</p><p>Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&amp;P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase hangover? Here's why bitcoin may be suffering its steepest slide since February\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-18 23:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.</blockquote><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\"></p><p>However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.</p><p>This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.</p><p><b>Crypto euphoria</b></p><p>Some industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.</p><p>Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.</p><p>Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .</p><p><b>Crackdown? Or 'FUD'</b></p><p>Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.</p><p>Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.</p><p><b>Coinbase hangover?</b></p><p>Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.<a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.</p><p>In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.</p><p>Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&amp;P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128868471","content_text":"Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.Crypto euphoriaSome industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .Crackdown? Or 'FUD'Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.Coinbase hangover?Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.$(NDAQ)$ would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}