Crypto news

ADA price extended its decline below the $0.0450 and $0.0420 support levels against the US Dollar.The price traded as low as $0.0391 and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0470 on the 4-hours chart (data feed via Kraken).The price could correct higher in the short term, but it is likely to face sellers near $0.0460.Cardano price is following a downtrend below key supports against the US Dollar and bitcoin. ADA price could...

The Australian Taxation Office (ATO) is currently working on contacting hundreds of thousands of cryptocurrency investors in the country, reminding them about their tax obligations for trading digital currencies like Bitcoin over the last few years, Australia’s leading media reported Wednesday. Cryptocurrencies Are Digital PropertiesAccording to news.com.au, the tax regulator is in the process of contacting as many as 350,000 crypto traders over the next two months, either via email or post...

The drastic plunge has raised questions about Bitcoin (and other cryptos) viability as a stable asset and correlation to traditional markets. Changelly CEO Eric Benz has shared his views on this issue.In a month that is usually remembered for the dramatics it delivers on the basketball court, thanks to the coronavirus and what seems to be a developing oil war, March madness has emerged in markets across the world. The U.S. and UK stock markets posted their worst losses for a single day since...

Citron Research warned investors that Ino stock would fall back to $2 and called for the Securities and Exchange Commission to investigate Inovio and suspend trading of its stock.Pharma company Inovio Pharmaceuticals Inc (NASDAQ: INO) had pretty volatile trading session yesterday. It started by growing 10.7% but in just a few minutes, the biotech quickly started to fall. INO stock finished its trading session with 42.01% in the red and with a price of $5.7.But, let’s start from the beginning....

Over the past two days, we saw Bitcoin continued its correlation with Wall Street. After reaching a 2-month low at $7600, and finding support upon the historic trend-line, Bitcoin recovered to $8150, however, just like the Wall Street futures, BTC price lost momentum and now trading roughly around $7800 – $7900.In the bigger picture, Bitcoin touched the historic ascending trend-line two days ago, as can be seen on the following weekly chart. This historic trend line was started forming in...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 831. Heute sprechen wir über folgende Themen: Kontrollverlust, Panik und Hilflosigkeit in der Bevölkerung & Hat das Safe-Haven-Narrativ von Bitcoin ausgedient  1.) Kontrollverlusthttps://www.mmnews.de/wirtschaft/140297-kontrollverlust 2.) Die Bitcoin-Krise: Hat das Safe-Haven-Narrativ ausgedient?https://www.btc-echo.de/hat-bitcoin-btc-das-zeug-zum-safe-haven/ Telegram...

There is nothing so far to suggest that there will be a permanent impact on businesses, or that earnings will not eventually recover. But when you want to invest during the crisis, you need to think about long-term benefits.As coronavirus is spreading at an incredibly fast pace, people all over the world are watching eventual developments in the markets to find stocks for investing. However, it is important to stress that making an investment just because the markets are down and/or you are...

While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.Tesla Inc (NASDAQ: TSLA) stock rose by 6.14% by Wednesday to trade at $644.81 while there were revealed the company’s plans to increase its production capacity in China. The stock market had been bleeding out due to the sharp decline in crude oil prices that hit the market caused by the ongoing coronavirus outbreak. Since Monday, Tesla (TSLA) stock nosedived after the release...

Bitcoin price declined heavily and broke the $8,000 support against the US Dollar.The price traded as low as $7,636 and it is currently correcting higher.There are two key bearish trend lines forming with resistance near $8,840 and $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a lot of hurdles near $8,400.Bitcoin price is trading in a bearish zone below $8,400 against the US Dollar. BTC is likely to correct...

Pandemie - Coronavirus: Ganz Italien wird nun zur Sperrzone. Jetzt sollen die Zahlungen für die Hyptotheken ausgesetzt werden. Dies soll die Wirtschaft kurzfristig entlasten. Aufgrund der Ausbreitung des Coronavirus sollen die Zahlungen für Hypotheken in ganz Italien ausgesetzt, werden. Dies sagte der stellvertretende italienische Wirtschaftsminister gestern Dienstag in einem...