Copyright © 2004-2021 LHCrypto
All rights reserved.

Some information about us

IPO Uber, the crisis on Binance, Bitcoin above $ 7200

  • uber_ipo
News list

As a result, Uber's IPO has become cheaper by $ 44 billion, Binance will resume work after the theft of 7,000 bitcoins. A boom in the cryptocurrency market, Bitcoin rose to $ 7,200.

After entering public trades, Uber shares went down

The very first day of trading Uber's shares at a public auction brought disappointment to investors. During initial IPO placement, securities were sold at $ 45, after which they lost 7.6%, dropping to $ 41.57. Analysts believe that the big players decided to play short, which led to this result.

As a result, the company began to cost $ 76 billion. Last year, however, experts from Goldman Sachs and Morgan Stanley estimated it at $ 120 billion. The market environment was generally unfavorable for an IPO. Players fear the consequences of the intensification of the trade conflict between the United States and China, and therefore prefer to behave more conservatively.

Forecast for UBER

After entering public trades, Uber shares went down

Binance will resume work on May 14

After hacking the Binance cryptocurrency exchange, it had to suspend its operations indefinitely. However, the head of the site, Changpeng Zhao, said that already on May 14, work would be resumed as before. To exclude similar incidents in the future, existing security features were updated and added.

It is now known that hackers were able to pick up 7,000 bitcoins from hot Binance wallets, which is about $ 50,000,000 at the current rate. Now they are trying to transfer stolen funds through mixers. Another problem is that two-factor authentication keys may have been stolen. Therefore, there are risks of repetition of illegal withdrawal of funds.

Binance will resume work on May 14

Bitcoin growth to $ 7,200 speaks about the beginning of a cryptocurrency boom

Over the two days off, Bitcoin could have risen in price by more than $ 1,000, which allowed him to break through the $ 7,200 mark. The paradox is that analysts cannot yet understand the reasons for the last wave of growth. The market did not receive any clear buy signals, so this movement is an absolute mystery. However, it is already clear that the growth was provoked by major players.

Following the Bitcoin and the rest of the cryptocurrencies went up. So, ethereum broke through the level of $ 200, and BCH $ 350. As a result, the total capitalization of the market of digital financial assets turned out to be higher than the level of $ 220 billion, with 58.3% of this amount being Bitcoin. The fact that in just two days the market has grown by 10% suggests the start of a new cryptocurrency boom. Increased demand provokes purchases at levels that most recently seemed unattainable.

Bitcoin growth to $ 7,200 speaks about the beginning of a cryptocurrency boom

Are you ready to start?
Open Account Be a Partner

LH-CRYPTO is an online service for crypto-traders

LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.

The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.

This website is maintained and supported by the following legal body:


All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).

Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.

The services provided by this project are not available for: residents of USA, France, North Korea, Spain, Sudan and Syria.

visa mastercard 3D secure visa 3D secure mastercard