Crypto news

The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay. Several mining firms and blockchain-based enterprises don’t see a point in keeping their doors open so long as the asset’s price suffers, and some companies – like mining venture Digital Farms in California – have decided to shut down “indefinitely.”Digital Farms Will Close Down for a WhileThis isn’t the first time we’ve seen the mining industry...

In times of severe volatility, trading volumes typically go up, and the last couple of weeks are no exception. Binance, the world’s leading cryptocurrency exchange, has decided to create a trading tournament where users can team up and share in a combined prize pool that can grow to as much as $1 million worth of BNB.It’s important to note that trading futures and leveraged assets is not recommended for beginners, as it involves high risk of losing your capital.Binance Futures Trading...

New data suggests that investors are once again gaining confidence in bitcoin.Bitcoin Is Back, BabyThe currency – which is often seen as a speculative asset – shed several points off its reputation during the past few weeks, though to be fair, the same can be said for many assets (i.e. stocks, oil, etc.) The coronavirus pandemic sent everyone into a solid panic, and people began selling off everything they owned in the hopes of gaining cold hard cash before the global economy suffered too...

XRP dropped by a total of 3% today as the cryptocurrency falls beneath the $0.17 level.The coin managed to break above the previous ascending triangle but fell from resistance at $0.191.Against Bitcoin, XRP increased by 13% over the past 2-days as it trades at 2710 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.156, $0.147, $0.136.Resistance: $0.182, $0.191, $0.20.XRP/BTC:Support: 2650 SAT, 2600 SAT, 2525 SAT.Resistance: 2760 SAT, 2800 SAT, 2850 SAT.XRP/USD – Ripple Rise Stalled...

Bitcoin’s price might reach $350,000 in the years to come, according to a recent report compiled by the popular U.S. cryptocurrency exchange, Kraken. It indicated that Millennials will soon inherit trillions of dollars, which the younger generation could invest in Bitcoin, as they are more tech-oriented.The Great Wealth TransferThe paper estimated that more than $68T of U.S. wealth will change hands in the upcoming years. Generation X will inherit $38T, while the remaining $30T will go to...

The past several weeks have been chaotic everywhere in the world as the coronavirus outbreak threatens economies in both the West and the East. McKinsey explained what new challenges businesses have today.We are all aware nowadays that the novel coronavirus affected the world markets. If we are talking about cryptocurrencies, Dow Jones or commodities it affected them all. Also, it affected people and their ability to invest. We already wrote that the management and consulting company McKinsey...

Interview mit Markus Krall im VLOG von Marc Friedrich. Heute mit einer ganz besonderen Folge zum Crash treffen sich die beiden Crashgurus Markus Krall und Marc Friedrich. Sie sprechen über die aktuelle Lage, den Ausblick, welche Investments jetzt Sinn machen und ob sich ihre Prognosen geändert haben anhand der aktuellen Lage. Viel Spass! [embedded content] Buchtipp: Die...

Die Schweizer Goldraffinerien haben geschlossen: Zu den betroffenen Firmen gehören die bekannten Barrenhersteller Valcambi, Argor-Heraeus und PAMP, die alle im Schweizer Kanton Tessin, an der italienischen Grenze beheimatet sind. Physisches Gold ist Mangelwaren. Viele der grossen deutschen Gold-Shops haben geschlossen, weil sie die grosse Anzahl an Anfragen nicht mehr bedienen können. Zudem werden momentan auch viele Lieferungen wegen...

Abbott Laboratories gets FDA approval on its coronavirus test m2000 RealTime System, which takes a 5-minute minimum to get the results. ABT stock rose nearly 2% after hours to trade around $76 though on Monday its price was $62.Abbott Laboratories (NYSE: ABT) announced on Friday that it has received the approval of its rapid COVID-19 test from the U.S. Food and Drug Administration. According to the company, the molecular point-of-care test will be run with their portable called ID now. This...

Steigt Microsoft nun auch ein? Nachdem Facebooks Cryptocoin bereits kurz vor der Markteinführung ist, dürfte es nicht verwundern, dass auch andere Tech-Riesen einen Cryptocoin planen. Im Falle Microsofts geht es jedoch um ein Konzept, das wirkt, als käme es aus einem Science-Fiction Buch.Crypto News: Microsoft patentiert Konzept für Cryptocoin und Mining SystemMicrosofts Patent will „Body Activity“ zum Mining von Cryptocoins nutzen. Offenbar stellt man sich das System so vor, dass menschliche...