Crypto news

Tesla (TSLA) stock is the most shorted stock on the market. Over the last seven days, its short-sellers made $1.1 billion. It runs neck-and-neck with Apple.While coronavirus is devastating the market, Tesla Inc (NASDAQ: TSLA) stock is still number one among most shorted stocks. According to fintech company S3 Partners, over the last seven trading days, short-sellers made a total of $51.3 billion. $1.1 billion of the mark-to-market profit belongs to Tesla’s short-sellers. However, the gains do...

It has been only a few days after India’s Supreme Court lifted the 2018 RBI ban on cryptocurrency usage, and the Reserve Bank of India is preparing to counter the decision. A new report noted that the RBI is planning to file a review petition as it fears virtual assets might put the banking system at risk.RBI Fights BackAs Cryptopotato reported on Wednesday, the Supreme Court of India finally reversed the ban on cryptocurrency trading and holdings in the large country. The excitement quickly...

Bitcoin hash rate hit its all-time high and set a new record. Meanwhile, BTC price came back to the $9,000 price level with the bulls showing their strength over the bears.Bitcoin hash rate has set an all-time high after surpassing the previous set record of 150,000 PH/S. This is according to data from Coin Dance, which gives monthly feed on harsh rate. This coincided with the sudden recovery of BTC price to hit $9,000 after days of losing.If the price continues pushing upwards, it shows...

The COVID-19 spread continues to cast a larger shadow on the global markets as volatility seeps in. Analysts say that corrective measures by the Fed are doing little to control the market fall. Dow seriously dropped on Thursday.On Thursday, March 5, Dow Jones tanked 900 points giving a close above 26,100 levels. The markets have stayed quite unpredictable for the whole week oscillating to-and-fro.Since this Monday, Dow Jones has been moving 100 points up and down every alternate day. The...

While the coronavirus fears are spreading, the companies are developing new solutions for their customers. Instacart announces the launch of door-step grocery drop-off service in the United States.Instacart, an American tech company, that operates as a same-day grocery delivery and also pick-up in the United States and Canada, has launched door-step grocery drop off services as a result of a surge in customers in the midst of coronavirus spread fears. This new service will be mostly applied...

The Federal Reserve cut interest rates this week. While the central bank was hoping to boost the falling stock market, the move seemed to spook investors. All the major US stock market benchmarks swung upward for just one day on Wednesday after the cut.But investors continued to dump equities Thursday. On Tuesday, when the Fed rate cut was announced, the stock market ended the trading session with a loss.It seems the Fed’s efforts to save the stock market were a terrifying confirmation of the...

Bitcoin cash price declined towards the $300 support level against the US Dollar.The price is currently recovering and showing positive signs above the $320 level.There was a break above a major bearish trend line with resistance near $324 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a major upward move once it clears the $350 and $360 resistance levels.Bitcoin cash price is forming a decent support base above $320 against the US Dollar. BCH/USD is...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 828. Heute sprechen wir über folgende Themen: Bank of England Bitcoin Totalverlust, Sportwettenanbieter und Kryptowährungen & Chainalysis 1% aller Krypto Transaktionen in 2019 illegal [embedded content] 1.) Bitcoin Investition als Totalverlust? – Bank of England Präsident mit drastischer Warnunghttps://cryptomonday.de/bitcoin-investition-als-totalverlust-bank-of-england-praesident-mit-drastischer-warnung/ 2.) Warum...

South Korea is getting an addition to its crypto hub. The country is unveiling new digital ATMs that will allow people to exchange won – the country’s national fiat – for Litecoin (LTC), the sixth-largest cryptocurrency by market cap.Litecoin Is Getting a Nice BoostSouth Korea, at one point, was one of the largest crypto havens across the globe. It accounted for roughly one-quarter (25 percent) of the world’s cryptocurrency transactions. However, the nation has since taken on a very strict...

A group of angry victims of insolvent Chinese cryptocurrency exchange, FCoin, has reportedly gone after the family members of CEO Zhang Jian to get refunds for their missing funds, according to local reports. FCoin Users Not ImpressedSome of the affected users had formed several Rights activist groups since the CEO first announced that they are unable to repay users approximately 13,000 BTC, which are equivalent to $118 million at the time of writing and $130 million when the exchange became...