As of yesterday, February 4th, 2020, a multi-billion-dollar turn of events has just taken place in the international headlines.According to a recent post by the Wall Street Journal, Intercontinental Exchange Inc. (ICE), the owner of the New York Stock Exchange (NYSE) and Bitcoin futures trading platform Bakkt, has approached eBay with a purchase offer, valuing the online marketplace at a staggering $30 billion.As stated in the WSL’s post, “ICE may see an opening to apply its technological...
Read More »ICON (ICX) Goes Parabolic as Price Triples for No Apparent Reason
Cryptocurrency ICON rallies more than 70% on Tuesday, reaching a fresh 18-month high. The altcoin has rallied more than 326% year-to-date despite no change in fundamental direction. While it’s still too early to declare ‘alt season,’ crypto values have appreciated more than $67 billion in 2020. Suddenly and without warning, cryptocurrency ICON (ICX) has been on an absolute tear over the past five days, culminating in a fresh 52-week high that has some traders excited...
Read More »Twitter Unveils New BTC-Based Emoji; Will the Trend Catch On?
Jack Dorsey – the CEO of Square and Twitter – has debuted a new bitcoin emoji, and many people in the crypto community couldn’t be more excited.Jack Dorsey Gives Rise to the BTC EmojiDorsey has always offered praise to bitcoin and cryptocurrency in general. In 2018, he stated that bitcoin was likely to become the world’s single currency in approximately ten years. In addition, he is about to embark on a three to six-month tour of Africa, in which he will work to bring bitcoin and the power of...
Read More »Tesla (TSLA) Stock Speeds toward $1,000, Currently Trading at $945 per Share
Tesla had (and still has) a great day on Tuesday since its stock is growing at a faster pace ever and is closer and closer to $1000. At 3:10 pm ET the stock was growing by 21.21% to $945.The surge has been happening as soon as the market had opened, which means it had grown by almost $300 a share in just two trading sessions. The rise drove the automaker’s general value to more than $160 billion after it just got to $100 billion in value less than two weeks ago.Jesse Cohen, an analyst with...
Read More »More Stores Are Accepting Bitcoin, But Are Customers Still Scared to Use It?
One of the biggest problems surrounding bitcoin has to do with the fact that it isn’t used much as a method of payment. According to new statistics from top crypto exchanges, this may be changing.More Merchants Are Accepting BitcoinTwo cryptocurrency trading platforms – Coinbase and BitPay – show that more merchants are utilizing bitcoin and cryptocurrencies. BitPay, itself, processed more than $1 billion in transactions in which the world’s leading form of crypto was utilized as a method of...
Read More »BitGo Introduces Instant Bitcoin Trading To Institutional Clients, First $100,000 Trade Already In
The California-based digital asset management company, BitGo, now offers instant trading services to its institutional clients.The new feature comes as a result of BitGo’s partnership with a company providing unified digital asset trading infrastructure, SettleBit.BitGo Offers Trading From Its Cold StorageBitGo is a digital asset financial service company operating with institutional investors. Aside from managing over $2 billion in cryptocurrency assets through its custody service, the firm...
Read More »This Year Boasts Highest January Numbers for Bitcoin Since 2013
January 2020 has come and gone, and the month has sparked new highs for bitcoin.January Was a Great MonthWell, not necessarily highs, but this is the best January for bitcoin in roughly seven years. CNBC reports that since 2013, January numbers have never been particularly praiseworthy, though these past 30 days are something to get excited about.The digital currency rose as much as 29 percent during the first month of the new year, spiking in overall market cap by just shy of $40 million. In...
Read More »250% In 3 Months: Tesla (TSLA) Is Now More Overbought Than Bitcoin Back In 2017’s Crypto Bubble
Tesla is undoubtedly one of the most exciting and innovative companies to watch, especially in the past few months. Since October, its stock price has skyrocketed, surging upwards than 250%. However, technical indicators suggest that, currently, TSLA is more overbought than Bitcoin back in 2017’s cryptocurrency bubble.Tesla’s Impressive PerformanceTesla is a well-known and innovative American automotive and energy company that’s based in Palo Alto, California. It specializes in manufacturing...
Read More »Why Is Justin Sun Lying to TRON Holders? Follow The Money
Justin Sun deflected responsibility for the recent TRX hard cap removal onto TRON’s Super Representatives. But an online paper trail shows that Sun and his team were the ones who proposed the change. The change to TRON’s block rewards stand to benefit Sun, and Binance – which currently controls 55% of TRON’s staking network. Justin Sun was urged to conduct a 1 billion TRX token burn by the TRON community after it was revealed the TRX coin supply would exceed the...
Read More »How Artificial Intelligence Can Improve Trading
[PRESS RELEASE – Please see disclaimer]Trading in any market can be extremely difficult at times, especially if users don’t have the necessary knowledge it takes to navigate certain markets. For example, the cryptocurrency market is a particularly difficult one given its constant fluctuation in price. One day, Bitcoin (BTC) could be up by $1,000 and the next, down by $2,000. The volatility of the crypto market can destroy any portfolio in a matter of seconds.This is perhaps one of the biggest...
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