Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe that a new all-time high this year is definitely possible. Bitcoin is in the midst of a disbelief rally. The largest cryptocurrency has breached psychological resistance at $10,000 and is up over 41% year-to-date. Above $10,000, there’s very little stopping BTC from printing new all-time highs. Bitcoin has two major...
Read More »Binance Halts Trading For Unscheduled Maintenance, Funds Are SAFU
Leading cryptocurrency exchange, Binance has suspended almost all of its services, including trading, withdrawal, and deposits, to conduct unscheduled system maintenance, according to an official announcement from the exchange. The message on Binance, as of writing these linesBinance Futures Not AffectedAs per the notice, the services that have been paused are “deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well as asset transfers from sub-accounts,...
Read More »Facebook (FB) Stock Is Rising but What’s in the Social Media Giant’s Future?
The future of Facebook is not in question. However, even as its stock continues to rise, regulatory hurdles mar the company’s journey. Yesterday, the FB stock price increased by 1.69%.Facebook is easily one of the world’s most successful companies. The social media giant has had an impressive streak and keeps on gaining in popularity and utility. This is also helped by the fact that over time, it’s been able to acquire other potential competitors such as Instagram and Whatsapp. Today,...
Read More »Tezos Price Analysis: Following Bitcoin’s Surge XTZ Skyrockets 15% Overnight
Tezos remains the 10th largest cryptocurrency by market cap following its rally during the last few weeks.Triangle breakout signals a recent price increase for Tezos across trading pairs.Technical MACD is bullish as XTZ reclaims important resistances on the way up.XTZ/USD: Tezos Set For New Rally After Breaking Monthly HighKey Resistance Levels: $4, $4.2, $4.5Key Support Levels: $3.4, $3, $2.7XTZ/USD. Source: TradingViewTezos is on the move again. After losing 10% during a three days...
Read More »Crypto Price Analysis February 19: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The buyers of cryptocurrency have yet failed to secure above the local resistance levels. There is a risk of a descending correction if the bulls do not move the...
Read More »Visa Approves US Cryptocurrency Exchange Coinbase As Principal Member
The leading cryptocurrency exchange in the United States, Coinbase, has been approved as the very first “pure-play” crypto-related company to become a Visa principal member. Supposedly, this would allow the exchange to further improve its customer experience.Coinbase Becomes Visa Principal MemberAccording to an official release, the San Francisco-based cryptocurrency exchange has managed to get approval for becoming a Visa principal member.Supposedly, Coinbase is the first company in the...
Read More »Tesla (TSLA) Stock Is over $900 in Pre-market as Company Plans to Use CATL’s Batteries
Tesla (TSLA) stock has reacted positively to the news about the company’s talks with CATL, a Chinese producer of cobalt-free batteries.News from the leading electric car manufacturer Tesla: the company is negotiating the deal with CATL, a Chinese producer of batteries for electric vehicles. Tesla is planning to use CATL’s cobalt-free batteries in cars that its Shanghai plant in China produces. As a result of the announcement, Tesla (TSLA) stock soars. In several hours, it increased by 7.30%...
Read More »Alphabet (GOOGL) Stock May Rise as YouTube and Google Cloud Generate Good Profit
Alphabet Inc. shows incredible profits during the overall market depression. Google Cloud and YouTube are making a good contribution to the total revenue. Alphabet (GOOGL) stock may reach new highs.While the regulators promise new threats that will apply more harm to small businesses than to Google itself, the giant continues making huge profits. The long-awaited YouTube revenue report is also a big deal to concern. Looks like, the more troubles Google has, the more solutions they generate to...
Read More »U.S. Presidential Candidate Michael Bloomberg Offers Flexible Regulation for Crypto
In the framework of his campaign, U.S. presidential candidate Michael Bloomberg offered to develop a regulatory framework for cryptocurrencies.Billionaire entrepreneur, who turned politician, Michael Bloomberg is currently the U.S. presidential candidate 2020. As the U.S. Democratic party presidential campaign enters its closing stages, aspirants are throwing all they have in the ring to gain the support of democrats nationwide and Michael Bloomberg is not one to be left out.The billionaire...
Read More »$56 Million Worth of Bitcoin (5.5K BTC) Forfeited By An Alleged Irish Drug Dealer
The Irish High Court ordered an alleged drug dealer to forfeit $56 million worth of Bitcoin to the Criminal Assets Bureau (CAB). The decision came after the Court ruled that Clifton Collins purchased the digital asset with his drug profits.Over 5,500 BTC ForfeitedA local news outlet reported earlier today that Clifton Collins from Dublin was involved in the sale and supply of drugs. Charged under the Proceeds of Crime legislation, Collins should forfeit all his proceeds of crime assets.They...
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