Crypto news

Despite serious market problems that stem from the coronavirus outbreak, Samsung predicts a good profit from its first-quarter figures.Because of the coronavirus pandemic, many companies have significantly cut down their expectations for the first quarter of 2020. The pandemic and the resultant lockdown of many cities in many parts of the world, has affected the regular flow of business. This means that these companies cannot perform at their optimum level if they were doing so before....

Ripple and XRP are in the spotlight once again after the news that the U.S. Navy is hiring a firm to create implantable microchips that would be compatible with Ripple’s blockchain.It was a huge breakthrough for Ripple and the XRP community after the company’s blockchain won a big boost from the U.S. Navy. In an interview, the president of Solari Inc., Catherine Austin Fitts, said a year ago the U.S. Navy had hired a Danish tech company to develop an implantable microchip and make it...

Das Coronavirus hat den weltweiten Finanzmarkt weiterhin im Griff. Auch der Cryptomarkt ist betroffen und schickte den Bitcoin zuletzt in den Keller. Die Lage scheint sich jedoch nun wieder zu beruhigen, was jedoch positiv wie negativ zu verstehen ist.Bitcoin News: Situation um Bitcoin beruhigt sich wiederDas sich der Markt wieder beruhigt hat, hat sich positiv auf den Kurs ausgewirkt, der sich seit dem Tiefststand vom 13. März deutlich erholen konnte. Inzwischen nähert sich der BTC sogar...

Markets across the board are marking tremendous increases since the beginning of the week. The largest indexes are charting notable gains despite the continuously spreading coronavirus as well as other concerns such as the escalating number of job loss claims in the US.The cryptocurrency market follows as absolutely every coin in the top 20 is trading in the green today. Some are even up double-digits.Wall Street RejoiceThis week has been very impressive for Wall Street, to say the least. At...

XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.As every crypto coin has begun to gain momentum and is rising now, XRP price is also rising. The coin is trading at $0.20 at the time of writing. It means that the coin has gained 7.78% within 24 hours.The crypto has broken above the overhead resistance at $0.18867. If the bulls can sustain...

Tezos’s price reached the critical level of $2 after breaking above the $1.8 resistance.Against Bitcoin, XTZ bounced back after establishing support around 25000 SAT.The 10th largest cryptocurrency surged with over 16% gains across the trading pairsXTZ/USD: Tezos Overcomes Crucial ResistanceKey Resistance Levels:  $2.5, $3.2, $4Key Support Levels: $1.46, $1.25, $0.845XTZ/USD. Source: TradingViewThe latest buying spree brought a serious increase in Tezos’s price for the past few days. The...

Bitfarms, a blockchain infrastructure company running one of the largest North America-based mining operations, is cutting staff members. The firm cited the ongoing economic and social turmoil caused by the COVID-19 pandemic.Coronavirus Hits Bitcoin Mining Firm In North AmericaThe unexpected outbreak of the COVID-19 harmed people’s health, financial markets, economies, and businesses. Numerous companies had to take radical measures to endure, and the cryptocurrency field is not exempt.Based...

Alphabet (GOOGL) stock gained 8.28% on Monday. Today it is 3.12% up in the pre-market. Does its current trading price show the actual value of its? Or is the stock undervalued now?When it comes to Alphabet Inc (NASDAQ: GOOGL) stock, it’s hard to always win or lose. The stock has been pretty volatile in the last few weeks, especially after the global outburst of the coronavirus pandemic.The company’s stock saw significant share price movement during recent months on Nasdaq, rising to highs of...

Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...

Staking is a way for cryptocurrency users to generate passive income as they earn interest on their investments. And now, to meet the demands of its customers, popular exchange Bitfinex has launched a staking rewards program, according to a Tuesday announcement. EOS, ATOM, VSYS Staking On BitfinexThe new staking services will allow Bitfinex’s users to earn interest of up to 10% per annum for depositing and holding their digital assets on the exchange. For the time being, however, the staking...