Crypto news

Bitcoin has been down in the dumps as of late, but some analysts believe that the world’s number one cryptocurrency by market cap could surge by as much as $2,000 in the coming weeks. Is there any truth to their notions?Is a Bitcoin Spike Heading Our Way?Just last month, bitcoin had attained a new high for the year 2020 and was trading for about $10,350. This was miles above where it began the year (a measly $6,900), though that number is starting to look rather good by comparison to where...

Uber stock is falling after the firm confirmed that it was suspending carpool services as a result of COVID-19 despite a rally in the tech stocks.On March 17, the shares of Uber Technologies Inc (NYSE: UBER) closed lower 6.8% to $18.91 per share. But, as the coronavirus hit the global markets, other tech stocks rebounded. In the case of Uber, the shares dropped after the firm confirmed that it was suspending carpool services as a result of COVID-19. Today the fall continues and Uber stock is...

The value of checks that the U.S. government is sending to help people amid the coronavirus outbreak may reach $1,000 or even more.The U.S. Government is sending checks to households. This is reportedly to combat the effects of the economic malaise in the economy due to COVID-19. Sources say that the Secretary of the Treasury Steven Mnuchin indicated this yesterday at a white house conference.He reportedly said that the funds would reach households across America immediately.The amount that...

Winklevoss twins, founders of the Gemini exchange, have launched a marketplace for blockchain digital art Nifty Gateway Marketplace. The twins are known to be among the earliest investors in Bitcoin.After making millions through early investment in Bitcoin, the Winklevoss twins, Tyler and Cameron, have now gone a mile further by launching a marketplace for blockchain digital art the Nifty Gateway Marketplace. The platform allows users to buy, sell and also store their digital art collections...

The streaming service with top Hollywood shows and films Tubi is now under the wings of Fox, a broadcast and news company. They inked a partnership worth $440 million, paid by Fox for full share control.Fox still holds Murdoch Family’s media assets, television and cable sports channels after selling the 21st Century Fox to Disney. Tubi Ltd (ASX: 2BE) is one of the free ad-supported services of film streaming. Recently, they have offered their young audience to Fox Corporation (NASDAQ: FOX)....

Bitcoin price recovery from last week’s catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package.Nowadays we can read all about Bitcoin being “safe haven” in cases of emergencies, wars, unstable currencies, etc.However, nobody thought that an epidemic can become a “black swan” in such short notice. We had a big financial crisis back in 2008...

LINK has found strong support at the January opening price of $1.72.The cryptocurrency has dropped by a steep 64% from the March high of $5.02.It is finding support at 0.000345 BTC against Bitcoin as the buyers try to defend the area.Key Support & Resistance LevelsLINK/USD:Support: $1.72, $1.60, $1.50.Resistance: $2.00, $2.20, $2.40.LINK/BTC:Support:0.000346 BTC, 0.000332 BTC, 0.00032 BTC.Resistance: 0.000367 BTC, 0.00038 BTC, 0.00038 BTC..LINK/USD: Creates Fresh 5-month Low After Market...

Ethereum currently trades around 0.02193 BTC after breaking slightly below a crucial supportThe price is readying for a breakout from a symmetrical triangle as trading reaches a tight range on the 4-hourEthereum is showing a sign of weakness after witnessing a sizeable loss over the past few hoursETH/USD: Ethereum Trades Inside TriangleKey Resistance Levels: $122, $134.6, $151Key Support Levels: $101.2, $86, $83ETH/USD. Source: TradingViewAfter trading inside a descending channel for two...

Yesterday, Amazon (AMZN) stock rose, rebounding 7.03% and closing at $1807.84. However, the positive movement did not last long, and in the premarket today, Amazon stock was down again. It was trading at $1,725.00, $82.84 (or 4.58%) lower.While big companies are closing their offices all over the world, Amazon.com Inc (NASDAQ: AMZN) is recruiting people. Notably, the hiring process has become a necessity due to coronavirus. As people are now afraid of going outside, the number of orders for...

IOV Labs announced the successful launch of a blockchain network focused on Argentina’s natural gas distribution ecosystem. Dubbed Gasnet, the system is powered by RSK smart contracts. It aims to connect local natural gas distributors, their service providers, and Argentina’s natural gas regulator – Enargas.Blockchain Platform Gasnet To Operate Natural Gas DistributionIn a press release shared with CryptoPotato, IOV Labs announced its newest blockchain-based project. Gasnet will use the...