Bitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. Major cryptocurrencies like XRP and ETH have followed the rally, as the market cap has risen by $23.8 billion in 24 hours.The crypto community can afford a smile, after days of market price free fall. Led by the mother coin Bitcoin, the cryptocurrencies rose by nearly 20% in 24 hours, rejuvenating the lost hope. At the time of writing, Bitcoin was trading slightly above $6,700,...
Read More »Tezos Price Analysis: Following Bitcoin’s Surge, XTZ Soars 23% In A Day
Tezos saw a substantial increase following a four-day recovery from $1.2.Against Bitcoin, Tezos slightly bounce around 25000 SAT support after heavy correction, but bullish actions are still shaky.Tezos would confirm a trend reversal if the price can rise above the immediate resistance level.If the price drops beneath the weekly low, the XTZ market may resume short-term bearish actions.XTZ/USD: Tezos Showing Strength AgainKey Resistance Levels: $1.80, $2Key Support Levels: $1.25,...
Read More »Scammers Use The Coronavirus To Deceive Victims Into Sending Bitcoins
A new wave of scammers is using the COVID-19 (coronavirus) outbreak to deceive people. By presenting themselves as members of popular health and charity organizations, they trick victims into sending them bitcoins.COVID-19 Scams Involving BTCThe novel coronavirus put lots of people at health risk and threatened the world economy. Amid the seriousness of the situations, scammers have emerged trying to capitalize on people’s despair, according to a new report.It cited the findings of the IT...
Read More »Donald Trump to Send $1,000 for Adults, $500 for Kids to Cope with Coronavirus Crisis
The White House has asked Congress for $1.3 trillion amid the coronavirus crisis. This sum includes $500 billion in direct payments to Americans, $50 billion in loans to the airline sector, and $150 billion to other “distressed sectors” of the economy.To survive in the coronavirus crisis, the U.S. White House has come up with the proposal to send Americans relief money. Donald Trump‘s administration is planning to make direct payments of $1,000 per adult and $500 per child as a part of a...
Read More »Bank of America Says Recession Is Here, Coronavirus Death Toll Tops 10K, 240K Infected
More than 245,000 people have now been confirmed with the coronavirus globally, of which at least 85,000 have recovered from COVID-19, while more than 10,000 have died. Bank of America has already stated that the recession is here.The number of people infected with the novel coronavirus surpassed 200,000 yesterday and it’s still rapidly growing. At 8:18 am CET so, around 12 hours after those numbers were announced, this number grew to already 245,997. Bank of America announced the beginning...
Read More »MFH Turns Into Digital Finance and Hires Merrill Lynch’s Former CTO Mr. Andrew as the Technology VP
Place/Date: Jersey City, NJ, United States - March 20th, 2020 at 8:38 am UTC · 2 min read Source: MFH Photo: MFHMFH (Mercurity Fintech Holding Inc, Nasdaq: MFH) has completed its new personnel appointment, hiring Mr. Andrew Banhidi, the former CTO of Merrill Lynch as its Vice President of Technology, who will be responsible for the group’s technology strategy. It marks that MFH has launched a comprehensive strategic transformation, entering into the field of digital finance driven by...
Read More »#839 Helikoptergeld, Hive Content Zensur bei Steemit & Tether nutzt Bitcoin Cash SLP Token
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 839. Heute sprechen wir über folgende Themen: Das Helikoptergeld kommt, Justin Sun zensiert Hive Content bei Steemit & Tether nutzt Bitcoin Cash SLP Token. [embedded content] 1.) Das Helikoptergeld kommt – Zeit um in Bitcoin zu investieren?https://www.btc-echo.de/das-helikoptergeld-kommt-angeflogen-zeit-um-in-bitcoin-zu-investieren/ 2.) Justin Sun’s Steemit Accused of Censoring Hive Related...
Read More »Obvious Pros and Cons of Automation in Crypto Trading
It is true that automation makes crypto trading simpler, but you must still consider a number of factors before you fully rely on this method.An automated trading system or an algorithmic trading system allows traders or investors to develop precise rules for trade entries, exits, and money management which, once programmed, can automatically be executed through a computer.The crypto-currency market is active all the time. It never pauses or stops, not even at night. Thus, monitoring can be...
Read More »Bitcoin Cash Analysis: Recovery Reaching Crucial Juncture
Bitcoin cash price is currently correcting higher from the $133 yearly low against the US Dollar.The price is up more than 20% and it is now trading above the $200 level.There was a break above a key bearish trend line with resistance near $195 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is now approaching a major resistance area near the $240 and $242 levels.Bitcoin cash price is showing a few positive signs above $200 against the US Dollar. However, BCH/USD...
Read More »Bitcoin Soars 18% and Breaks $6000: Is The 2020 Bottom Confirmed? BTC Price Analysis & Overview
Is this the day we had been waiting for? Bitcoin completed an 18% price surge over the past 24 hours. But not just that.Yesterday, we mentioned that despite the massive crash in the global markets, Bitcoin’s showing stability above the $5,000 price mark. That stability of yesterday, was the first time after weeks, that Bitcoin was not fully correlated with the stock markets.Today we received another confirmation of this trend: While the S&P 500 had seen a slight 0.5% increase, Bitcoin...
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