All eyes are on Bitcoin halving scheduled in mid-May 2020 to retrieve the lost glory of Bitcoin. Amid the COVID-19 outbreak, Bitcoin price has corrected over 40% in just the last month.The COVID-19 pandemic has severely hit not only the traditional markets but also the cryptocurrency markets. The overall cryptocurrency market has corrected nearly 40% in just the last month. The world’s largest cryptocurrency Bitcoin has also corrected 40% during the same period. This market crash has wiped...
Read More »Bitcoin Price Under $6,000 Despite Increased Interest in Purchasing BTC on Google, Baidu
Bitcoin price experienced a slight fall under $6,000, despite the fact that people started to look more into what is going on in the sphere. The peak of searches comes on the 13 March, when BTC had one of the scariest falls in the last months.Baidu is the largest search engine in China. They are aiming at competing with Google in the Asia Pacific region. Per the stats from a Chinese report showcased by Cointelegraph, Chinese people are looking into what is Bitcoin. The search request on Baidu...
Read More »Another Black Monday Incoming? Global Markets Crash As Bitcoin Drops Below $6,000
The coronavirus outbreak led to new developments and restrictions in the past 24 hours. The 2020 Tokyo Olympic Games could be postponed, while India inserts a lockdown on 75 districts in its borders. The financial markets reacted adversely today, as U.S. futures and Asian stocks nosedived by up to 10% in some cases.Bitcoin is down by 9% to $5,800 in the same timeframe, hinting again a positive correlation with the stock market.Stocks and Futures Plunge (Again)The number of deaths linked to...
Read More »Alibaba and Tencent Stocks Thrive amid Coronavirus, China Aims to Become Stabilizing Force
Alibaba and Tencent stocks indicate resilience amid the coronavirus stock market effect. China, the first country to be hit by the deadly coronavirus in early December, now aims to be a stabilizing force in the global market.Coronavirus has almost become the order of the day in mainstream media since it was first reported in Wuhan, China. The virus has pushed beyond the ground zero to infect countries almost in all continents. As a result, it’s not only the human health status that has been...
Read More »MoneyGram 2019 Annual Report: $11.3 Million XRP Sold during Partnership with Ripple
In 2019, MoneyGram has received $11.3 million worth of XRP, $8.9 million in the fourth quarter only. In 2020, this number seems to be increased.Recently, money transfer company MoneyGram has released its 2019 annual report. According to MoneyGram, it has sold $11.3 million worth of XRP received as a result of its commercial partnership with Ripple.As MoneyGram has revealed in its filing to the SEC, its loss in the fourth quarter of 2019 has totaled $11.9 million. However, the company assured...
Read More »Ethereum Price Analysis: ETH Falls Back Towards $120 As Buyers Battle To Keep It From Crashing Against Bitcoin
Ethereum decreased by 8.5% today as the cryptocurrency struggles to hold the support at the $120 level.This price drop is largely a result of Bitcoin falling below $6,000 as it returns to $5,800.Ethereum has been declining against Bitcoin all month as the buyers battle to keep the coin above the 0.021 BTC level.Key Support & Resistance LevelsETH/USD:Support: $120, $110, $105.Resistance: $135, $150, $165.ETH/BTC:Support: 0.021 BTC, 0.0204 BTC, 0.02 BTC.Resistance: 0.0215 BTC, 0.022 BTC,...
Read More »Stellar Lumen (XLM) Price Facing Key Hurdles Near $0.040 and $0.045
Stellar lumen price recovered above $0.0400, but it failed near $0.0450 against the US Dollar.XLM price is currently declining and it is struggling to stay above the $0.0360 support.There is a key bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to extend its decline as long as it is trading below the $0.0450 pivot.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM price is likely to...
Read More »Germany’s Angela Merkel in Quarantine after Contact with Coronavirus-Infected Doctor
Merkel’s quarantine does not mean she will stop her official business, as the leader will continue working from home. She will also have regular COVID-19 tests in the coming days. Coronavirus gives no quarter to anyone, all of us can become at risk. Outstanding political leaders are no exception, and German Chancellor Angela Merkel has already checked it by her own experience. Currently, her ability to remain the public face of the country is under question, as after contact with...
Read More »#840 Bitcoin last man standing 24/7 Trading & BTC Miner verantwortlich für Bitcoin Crash?
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 840. Heute sprechen wir über folgende Themen: The Last Man Standing – BTC und der 24/7 Handel – Sind die Miner verantwortlich für den massiven Bitcoin Einbruch 51 Tage vor dem Halving? 1.) Bitcoin: The Last Man Standing? – BTC und der 24/7 Handelhttps://cryptomonday.de/bitcoin-the-last-man-standing-btc-und-der-24-7-handel/ 2.) Did BTC Miners Crash Bitcoin Price With 51 Days Before the...
Read More »Ripple Price Analysis: Downtrend Intact Below This Key Resistance
Ripple price is currently struggling to clear the $0.1650 and $0.1700 resistance levels against the US dollar.The price is now trading below $0.1550 and it is likely to extend its decline.There is a key bearish trend line forming with resistance near $0.1600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only surge higher if there is a clear break above the $0.1600 and $0.1700 levels.Ripple price is trading in a bearish zone below $0.1700 against the US...
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