The Celo Foundation has unveiled a new cryptocurrency network designed to assist people of lower standing.Celo Seeks to Introduce “Crypto for Everyone”In other words, people who are poorer or who don’t have direct access to traditional financial programs are likely to benefit the most from the organization’s latest development. Known as the Alliance for Prosperity, the network is supported by more than 50 firms around the world including Mercy Corps and is seeking to create financial tools...
Read More »Bitcoin Options Trading Is At an All-Time High
Bitcoin hasn’t been doing well as of late when it comes to price, but in terms of options trading, things are rising higher than anyone had anticipated.Bitcoin Options Are Getting a Lot of AttentionIt is being reported that trading volumes amongst bitcoin options have broken new records. The total trading volume amongst major platforms – i.e. Bakkt, CME Group, etc. – is just shy of $200 million, thereby breaking the previous all-time high of $171 million set last February by almost $30...
Read More »Größter Bitcoin Einbruch seit zwei Jahren
Die Panik hat den Markt erreicht. Bitcoin verlor innerhalb der letzten 24 Stunden mehr als 20 Prozent und damit war der BTC noch nicht einmal der größte Verlierer des Markteinbruchs, der inzwischen von vielen als klassischer Crash bezeichnet wird.Bitcoin News: Größter Bitcoin Einbruch seit zwei JahrenLiegt es am Coronavirus? Normalerweise sind Kursabfälle im traditionellen Investmentsektor ein klares Kaufsignal für den Cryptomarkt. Doch aktuell scheint der gesamte Finanzmarkt gegen die...
Read More »Uber and Lyft Stocks Dip 8% and 12 % Respectively Due to Coronavirus Fears
Uber (UBER) stock price is at $23.54 which is a 10.29% decline since trading started. Lyft (LYFT) stock price is at $25.29. This is an 12.82% decline since trading hours began as well.Uber Technologies Inc (NASDAQ: UBER) and Lyft Inc (NASDAQ: LYFT) stock prices have fallen. Sources say that this is due to COVID-19 fears. The main fears have to do with people sharing car rides with absolute strangers. Those fears are said to be part of the general panic sweeping through the world at the...
Read More »Amazon (AMZN) Stock Down 4% Even Though It Announces $25M COVID-19 Fund for Employees
Amazon stock has not responded favorably to the company’s announcement of a $25 million coronavirus fund that it set up for employees.Even the world’s biggest companies are suffering under the effects of the coronavirus. Apart from the fall in their stocks, some of these companies can no longer handle business the way they normally would because of a high risk in the chance of infection. Amazon’s business is also significantly affected because of its high reliance on products from China....
Read More »Huge Panic Grips Crypto Market: Ethereum, XRP and Other Altcoins Fall by 20-30%
The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.Today will remain engraved in most crypto enthusiasts and investors’ minds, not for the good reasons, but rather since most altcoins, including Ethereum and XRP, have shed a huge portion of their prices by about 20-30% in the past 24 hours. The huge free fall has been attributed to a panic sell-off, as investors run for safety to avoid risky...
Read More »Chainlink For $0.01? LINK Flash-Crashed By 99% On Binance Exchange
Until a few hours ago, Chainlink, the decentralized-oracle, had a market cap of over $1 billion as the 11th biggest cryptocurrency by market cap. Today the LINK token is among the worst-performing digital assets, following a massive price slump. Its situation got even worse on Binance, where it flash-crashed to a low of $0.01 (!) before quickly recovering.Chainlink (LINK) For $0.01The cryptocurrency market is going through one of its worst trading days in history. Most coins are noting...
Read More »Crypto Mining Is Providing Its Users with Amazing Flexibility for Mining Bitcoin and Altcoins
Crypto Mining is a platform that offers benefits to different target groups: beginners, enthusiastic home miners and large scale investors.“How can I mine cryptocurrencies easily?” that’s a question most crypto enthusiasts have asked Google time and again. But once presented with ideas like “buy the best mining rig,” or “join a mining pool,” the user is often left more confused than when they had begun their search. Nonetheless, this has become a thing of the past thanks to Crypto Mining, a...
Read More »HODLers Give Up? Bitcoin Wallet From 2010 Just Moved 1,000 BTC Worth $7.8 Million
As Bitcoin and the rest of the cryptocurrency market continues to struggle with the bears, a whale was seen moving his stash of BTC from multiple addresses after ten years of hodling. Has he hit his target and finally decided to let go? 1000 BTC Moved After 10 YearsAccording to on-chain data on Blockchain.com, 1000 Bitcoins were moved from 20 different addresses to a new address during the late hours of Tuesday night. The addresses were created in August, September, and October of 2010, with...
Read More »FX, Commodities and More: Build the Perfect Trading Portfolio with PrimeXBT
PrimeXBT is a good choice for traders seeking diversification thanks to the low fee structure that rewards those who take positions more frequently, or across many asset types. There are several factors that go into a proper risk management strategy.Any trader worth their salt very well understands the importance of planning and execution, which includes the timing of exits or entries with limit orders and setting stop loss or take profit orders at key levels.But one critical factor is often...
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