Crypto news

The bearish scenario is likely to end shortly at 7-weeks rising trend line on the 4-hours chartAfter facing rejection at the 7-month high, LINK/USD fell and started downward correctionLink loses momentum after witnessing a low trading volumeLINK/USD: Chainlink Flaunted Short-Term Reversal With Double-Top Pattern, Nearing Key Rebound LevelKey Resistance Levels: $3.8 $4.4, $4.8Key Support Levels: $3.3, $3, $2.8LINK/USD. Source: TradingViewSince Chainlink turned away at the 7-month high of...

The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.The Dow index, as well as top stocks, S&P 500 and Bitcoin price, have all started losing as coronavirus is conquering new territories. Even more, value vanishes since the virus reaches Italy: one of the world’s biggest travel and trading mecca. The COVID-19 also visits Iran, South Korea, Bahrain, Kuwait...

Popular American venture capital investor, Tim Draper, recently said that he has been out of the traditional markets for the past six months.Instead, he has most of his investment portfolio allocated in Bitcoin as he believes its price will reach $250,000 by early 2023.Bitcoin At $250,000Draper has been quite optimistic regarding the future of the largest digital asset previously as well. Yesterday, in an interview for CNBC’s “Squawk Alley,” he reaffirmed his previous bold prediction for the...

XRP rolled over and dropped by 3% over the past 24 hours to bring the price for the coin down to $0.266.It is now battling to stay above the 200-days EMA and to remain over the ascending trend line.The cryptocurrency broke beneath major support at 2800 SATS against BTC.Key Support & Resistance LevelsXRP/USD:Support: $0.26, $0.25, $0.245.Resistance: $0.27, $0.289, $0.3.XRP/BTC:Support: 2750 SAT, 2710 SAT, 2640 SAT.Resistance: 2800 SAT, 2900 SAT, 3000 SAT.XRP/USD: Ripple Drops Into 200-days...

Boerse Stuttgart is the second-largest exchange in Germany. According to an official release, the venue has launched an unprecedented product in the cryptocurrency industry. The new tracker has a product value that represents the inverse performance of Bitcoin.Short Bitcoin (BTC) ETP On Boerse StuttgartBoerse Stuttgart continues to expand its products associated with different cryptocurrencies. Per a recent release, the venue is taking a step forward, listing a new, supposedly unprecedented...

Unfortunately, the crypto industry is still widely associated with illegal activities, scams and frauds. Though the measures are taken, such projects as CryptoUnit still exist.The scandal erupted around the OneCoin project reached its peak in the fall of 2019. According to the top management of the project, OneCoin was a cryptography-based digital currency, an analog of bitcoin. However, a targeted review revealed that a fraudulent scheme underlined OneCoin. First of all, despite the numerous...

Südkoreas Zentralbank möchte in Zukunft das Potential der Blockchain nutzen. Die Bank of Korea, kurz BOK, plant den Einsatz der Blockchain im Bereich der Anleiheabwicklung. Das Portal Business Korea berichtete, dass die BOK eine Machbarkeitsstudie ihres Projektes am 18. Februar bestätigt hat. Die Studie soll überprüfen, ob ein Anleiheemissionssystem basierend auf der Blockchain durchführbar ist. Sie wird etwa bis zur Mitte des Jahres 2020 andauern, wobei eine bankinterne...

Coronavirus is actively affecting the stock markets and Apple (AAPL) stock is not an exception. Yesterday, the stock lost around 4.8%. In teh pre-market, AAPL has started to gain.Apple Inc. (NASDAQ: AAPL) stock was down 4.8% at yesterday’s closing. This is indicative of many things. Analysts reportedly have many opinions about this recent drop. Some believe that the Cupertino California giant’s China sales which have dipped are the main reason. Others believe that this may be the end of the...

The U.S. state of Wyoming is leading the way in blockchain and cryptocurrency adoption in the country with a new cryptocurrency-native bank. A former Wall Street veteran, Caitlin Long, announced the Avanti Bank, saying that it will be active in early 2021.The First U.S. Crypto-Friendly BankLong, who previously helped the state of Wyoming to implement 13 blockchain laws, made the announcement yesterday. In a series of tweets, she introduced the Avanti Bank – “a new U.S. bank to serve [the]...

As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.After a sustainable growth, Tesla Inc. (NASDAQ: TSLA) stock plunged more than 7% on Monday. Closing down 7.5%, the company’s shares ended the day at $833.79. Tesla stock is hit hard as a result of the sell-off driven by coronavirus fears. However, it’s worth mentioning that after hours the price is moving up. Now the TSLA price is around $854...