Crypto news

Bitcoin is down another $200 at press time, meaning it’s fallen by about $600 over the past 48 hours. What could be going on that we’re not seeing?Bitcoin Is Set to Become More RegulatedIt could be that bitcoin and other cryptocurrencies are reacting to the news that more legislation is heading their way. This week, Treasury secretary Steven Mnuchin explained that hardcore regulations are about to hit the cryptocurrency arena very soon, and while they’re eager to allow cryptocurrency trading...

The start of the new week came as a sad one for traders as the bears take over the cryptocurrency market, correcting Bitcoin price to below the $9600 region. At the time of writing, the coin is trading at $9,627.The current volatility in the market could be tied to the ongoing selling pressure and transfer of 600 BTC ($5,753,286) to BitMEX, which took place at block 617782. If the bearish movement continues, Bitcoin could dip further to $9170 and even $9000. At the time of this writing,...

If you want to earn good money, this list of tips from Ben Simkin, a self-made Australian millionaire and the founder of an online marketing business BusinessNET, is just what you need.Australian self-made millionaire Ben Simkin shared his success story to attain the title that few people manage to get in their lifetime. Ben who was kicked out of his high school at 16 years-old for hacking its computer system has worked smart in his youth time to achieve his goal of running a $2 billion...

The Dow Jones Industrial Average (DJIA) futures, as well as the Nasdaq futures and the S&P 500 futures, are moving higher thanks to a number of factors.On account of the United States celebrating President’s Day, the stock market trading remains closed. However, the after-hour trading sessions are still live as major indices surge to continue the market rally further.Today, following the Nasdaq futures and the S&P 500 futures, the Dow Jones futures also showed a modest rise....

Crypto enthusiasts are still divided on whether the halving is already priced in. Google Trends data reveal that the search term “bitcoin halving” is gaining traction. Analysts believe that bitcoin will soar after the halving generates media hype. The highly-anticipated bitcoin halving is months away and many traders are still undecided whether the event is priced in or not. To provide some context, the top cryptocurrency is up by over 50% from the 2019 bottom. In the...

Blockchain firm Chiliz partnered with Lagardere Sports and Entertainment. Lagardere will present Chiliz and Socios.com to new sports teams, leagues and sports federations.Chiliz, that is known as the world-leading blockchain-powered fan engagement platform for sport and entertainment, announced a new partnership on Monday. It will cooperate with Lagardère Sports, a leading sports and entertainment marketing agency, in order to boost cryptocurrency into a mainstream sport.Lagardère Sports...

Bitcoin margin trading is undoubtedly catching up to speed. In 2019, there was an outburst of different venues that started to offer high leverage on Bitcoin and other cryptocurrencies.This is mostly made available through futures contracts. KuCoin, a well-known crypto exchange, didn’t stand on the sidelines for long.KuMEX is the Bitcoin futures trading platform of KuCoin, and it offers a few different types of contracts. Besides, users can also take advantage of leverage rates of up to...

Favipiravir has become one of the drugs that the Chinese authorities approved for treating the new COVID-19 strain of the coronavirus.According to a Reuters report, China’s National Health Commission is optimistic about a resolution for the raging coronavirus. The report says that a spokesman for the Commission Mi Feng said that efforts from the authorities are yielding results. The Commission also says that at least 1,425 infected patients have been cured and discharged. As part of these...

Cathay Pacific Airways expects a significant drop in its H1 2020 results and has also cut capacity due to the coronavirus fears. Severe travel restrictions as a result of the virus outbreak have led to a rise in flight cancellations.Cathay Pacific Airways said on Monday it is expecting a critical fall of its first-half results because of the epidemic of the coronavirus.The airline stated it cut capacity by 40% for February and March. Moreover, the figures for April will be reduced as well. In...

Tron rolled back beneath the key support of $0.023 after losing 14% in a day.It’s now breaking down from a rising channel to signal a major price correction.TRX nosedived after marking 4-month high against Bitcoin.TRON seems to be on a downhill journey throughout the past 24 hours. Interestingly enough, this takes place a day after they announced that the popular blockchain-based social media Steemit would be joining the TRON network. Unfortunately, the cryptocurrency retraced substantially...