Crypto news

The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.Shares on Wall Street started the session on Thursday mixed after the Department of Labor released defeating data on a record 6.6 million people in the United States filing for unemployment benefits last week amid the coronavirus pandemic.The report showed that the figures for the week...

Zoom (ZM) stock is falling continually in the past several days after ‘Zoom Bombing’ hackers attacked its video conferencing service but investors are confident the stock will rise in the long-term.The current uncertainties in the global markets due to the coronavirus pandemic have affected stocks differently. After many governments issued stay-at-home orders, Zoom Videos experienced a surge in activities as people strived to work from home. In that connection, Zoom Video Communications Inc...

U.S. oil prices jumped 10% to clinch above $22 per barrel on Thursday after President Donald Trump said the oil price tag war between Russia and Saudi Arabia may come to its end soon.After closing the first quarter of 2020 on the worst fall, U.S. oil prices have shown signs of recovering amid the coronavirus crisis. This is after the United States President Donald Trump said that he expects Russia and Saudi Arabia to come to a common agreement on their differences.Saudi Arabia, an OPEC...

Bored gamers living under lockdown are being urged to unlock loot crates to earn TRX tokens and other prizes. Following a partnership between TRON and gaming rewards platform Refereum, TRX and BitTorrent Token (BTT) have been integrated, providing a means for avid gamers to earn token rewards for watching their favorite streamers.With more than a third of the world on lockdown, citizens have been urged to find productive ways to pass the time, and video gaming has seen a corresponding surge...

Binance acquires CoinMarketCap ‘to make crypto more accessible worldwide’. CoinMarketCap CEO is stepping down to spend time with family. Binance CEO claims he will make sure that CMC data is following the industry standards and needs.Binance is one of the three biggest exchanges in the crypto space. CoinMarketCap (CMC) is one of the most popular crypto tracking tools on the web. They had more than 200 million visitors per last 6 months.Per the official announcement, CoinMarketCap has gone...

Over 100,000 bitcoins were transferred from one unknown wallet to another yesterday. The transaction was equal to more than $633M, and the fee paid is less than $1.Despite some fears of a possible BTC dump, it turned out that the cryptocurrency custody giant Xapo made an internal transfer.101K BTC On The MoveThe popular monitoring resource, Whale Alert, caught the enormous transactions on April 1st. It involved 101,857 BTC, which, at the time, were the equivalent of $633,535,530.? ? ? ? ? ? ?...

Ethereum saw a 4% price increase over the past 24 hours as it reaches $138.The cryptocurrency had rebounded from support at the lower boundary of a triangle, and the latest price hike allowed it to reach the upper boundary.Against Bitcoin, Ethereum is attempting to recover as it sets its sights toward the 0.021 BTC level again.Key Support & Resistance LevelsETH/USD:Support: $130, $129, $120.Resistance: $145, $150, $165.ETH/BTC:Support: 0.0201 BTC, 0.0196 BTC, 0.0192 BTC.Resistance: 0.021...

Yesterday we analyzed the current situation of BTC’s price. On the 4-hour chart, the symmetrical triangle pattern was about to break-down once reaching the lower ascending trend-line. However, Bitcoin held the support line nicely and since then, surged $600 in just a few hours.The triangle formation indeed broke-out but in favor of the bulls. As of writing these lines, the coin had reached our mentioned resistance area of $6800 – $6900, and it’s now trading steadily above the $6600 resistance...

Bitcoin saw a notable increase in its price throughout the past 24 hours. However, large-cap cryptocurrencies failed to gain any serious grounds against BTC as all top 20 altcoins have decreased in value over the same period. At the same time, Bitcoin’s dominance is also increasing substantially during the past four days.Altcoins Un-Season: Majors Lose Against BitcoinThe last few days have been relatively impressive in terms of price actions on the cryptocurrency market. While Bitcoin went on...

Telegram cannot sell Grams outside of the U.S. either, even after the company argued that the tokens wouldn’t reach American investors. New York Judge, however, found those claims insufficient as Telegram couldn’t adequately address them.Telegram’s Issues Spiral OnAs Cryptopotato reported last week, U.S. District Court officially halted the Gram tokens sale following a lawsuit filed by the Securities and Exchange Commission (SEC).Telegram, the firm behind the future blockchain-based project,...