Crypto news

Bitcoin IRA, a company that allows people to add cryptocurrencies like bitcoin, Ethereum and bitcoin cash to their retirement portfolios, has announced that it is adding physical gold to its list of buyable and tradeable assets.Bitcoin IRA Gives Gold to Its CustomersGold has been at the center of much controversy as of late. Many considered bitcoin a version of “digital gold” in that it is widely looked at as a potential “safe haven” asset – something that will potentially allow buyers and...

Bitcoin had a relatively good week of trading as it recorded its highest price since the coronavirus crisis began in March. Yesterday, BTC peaked at above $7,200, marking an impressive daily run that sent the entire cryptocurrency market well in the green. The majority of altcoins were also charting double-digit increases.Since then, Bitcoin’s price retraced to where it currently sits at about $6,750. The important level to look for right now appears to be $7,000, and if the bulls manage to...

Switchere, a new player in the crypto world, is actively developing in Europe where it has a huge customer base and penetrating the Asian market as well.A new crypto exchange by the name Switchere is not only developing fast but also gaining a huge customer base in Europe. Although entering a market with huge competition, it has grown fast to see its services reach the Asian market, which has a very large number of crypto enthusiasts.The crypto exchange is offering transparency and...

3M is facing turbulence as the Trump administration meddles with its operations, making MMM stock unpopular among investors despite their products being involved in the fight against COVID-19.On April 2, the White House confirmed that it might adjust previous guidelines that discouraged non-health workers from wearing medical face masks. The new change will come as ‘guidance’ from the CDC. However, President Trump said that, for now, it would not be made mandatory. Medical-grade masks...

Well, it looks like bitcoin has impressed us all again. After spending the last few days in the mid-$6,000 range (around $6,450), the world’s number one cryptocurrency has set its sights on higher ground, spiking by roughly $400 over the past 24 hours to trade at just under $6,900.Bitcoin Never Ceases to Amaze UsMany were thinking that luck had potentially run out for the currency. That the recent drops it had incurred were too much for it to handle, and that things were in no way going to...

Bank of America (BAC) has opened its small business loan portal. This comes as its stock is down in the market due to the COVID-19 situation.Bank of America Corporation (NYSE: BAC) stock price has fallen since the opening bell of the New York Stock Exchange (NYSE). Bank of America (BAC) stock has dropped to around $19.90, -$0.66 (3.23%).This comes at a time that the bank is seemingly “all-American” in its response to the business malaise that is currently occurring due to COVID-19.Bank of...

Both the Dow Jones and the Nasdaq Composite managed increased but started to lose points as the COVID-19 outbreak continues to spread, affecting over 1 million people globally.Even as the coronavirus pandemic continues to ravage the world both health-wise and financially, there seems to be some much-needed respite coming in from the world’s financial markets. Regardless of how long this respite will last, Wall Street is seeing some interesting and generally optimistic upward movement...

SoftBank-backed OneConnect Financial Technology has joined the China Merchants Port Group (CMPort) to build a blockchain-based platform logistics system.A SoftBank-supported fintech firm OneConnect is set to develop a blockchain-based platform. Sources say that OneConnect Financial Technology is to develop a logistics system for the Guandong-Hong Kong-Macau region within the joint program with the China Merchants Port Group. OneConnect Financial Technology is the fintech arm of top Chinese...

Mike Novogratz, CEO of crypto merchant bank Galaxy Digital and a well-known Bitcoin bull, has once again reiterated his bullish stance to the biggest cryptocurrency, predicting that Bitcoin should retest its $20,000 highs by the end of 2020.Mike Novogratz, the CEO of crypto merchant bank Galaxy Digital, said he might give up on Bitcoin (BTC) if the price of this cryptocurrency doesn’t touch new highs in 2020.Just for the reminder, in January 2020, reflecting on the proliferation of crypto...

BitcoinBitcoin managed to increase by around 8% over the past 7-days of trading as the cryptocurrency climbed above crucial resistance at $6,800 today. Bitcoin had actually been trading within an ascending triangle and bounced from the lower boundary of this pattern 5-days ago, which allowed it to break above the upper boundary at $6,800.Note: Today’s candle has still not closed, so it is not fully confirmed if this is a real breakout.From above, the first level of resistance lies at $7,000....