Crypto news

Place/Date: - February 5th, 2020 at 6:52 pm UTC · 3 min read Contact: BitCherry, Source: BitCherry BitCherry is a blockchain infrastructure empowering commercial applications, which is to construct P2Plus point-to-point encrypting network protocol with the new thinking of physical structures and achieve highly extensible data architectures by hashing diagrams modified by relational graphs. BitCherry provides smart contract, cross-chain consensus and other operating mechanisms which can...

Bitcoin has marked yet another particularly turbulent day of trading, charting increases of up to 7% in the past 24 hours. This caused the cryptocurrency to spike to a new high for 2020, lining up the question if $10,000 is the next target.Bitcoin Price Skyrockets 7% On The DayIf one thing is certain for 2020, it’s that there is no boring day in the cryptocurrency market. In the past 24 hours, Bitcoin’s price surged above the previous yearly high to reach prices that were last seen back in...

Today is something of a mixed day for cryptocurrencies. Bitcoin – the world’s leading cryptocurrency by market cap – has ultimately taken a few steps back and is now trading in the $9,100 range, when just yesterday it was circling around $9,200.Bitcoin Is Falling Back While Stocks Move UpPrior, it was trading at an even $9,400, so it appears some of the bullish marks that have been hitting the currency as of late are beginning to take a rest.Bitcoin was potentially on a path to shutter past...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin 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.Digital assets continue testing their closest resistance levels. Bulls are increasing the pressure and there is a good chance to witness new rising impulses towards...

Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.Detroit-based Ford Motor recently released disappointing figures from its earnings report for 2019’s fourth quarter. Its forecast for 2020 is also less than expectations from Wall Street. In response to these disappointing figures, the company’s shares plunged. As trading closed yesterday, Ford (F) stock plummeted by almost 10%, to...

The owner of Bakkt, the Intercontinental Exchange (ICE), has agreed to acquire a leading provider of loyalty solutions for both consumers and merchants. Following the completion of the transaction, Bakkt intends to integrate it to its platform, thus expanding the services that it will provide to its clients.ICE To Acquire Bridge2 SolutionsAccording to an official press release, the Intercontinental Exchange (ICE) will acquire one of the leading providers of loyalty solutions, namely, Bridge2...

Bitcoin Cash led the cryptocurrency top ten on Wednesday with a 14% growth surge. BCH shrugged off fears of a community split over an arbitrarily imposed tax on miners. The coin’s “halvening,” or block reward halving, is scheduled for Apr. 8 – around a month before BTC’s. Bitcoin Cash (BCH) gained 14% on Wednesday, with the majority of the growth occurring in a short four-hour burst. The bitcoin fork led the way in the market cap top ten, as the broader cryptocurrency...

Venture divisions of Salesforce and Samsung joined a second Series C funding round for a startup called Digital Asset that had already gathered $35 million from investors.Digital Asset, a New York-based financial technology company that builds products based on distributed ledger technology for regulated financial institutions, has acquired investments from Salesforce Ventures and Samsung Venture Investment Corp in the second closing of its Series C funding round. It was revealed on Tuesday,...

Chipotle’s quarterly earnings have emerged stronger than the expectations of many on Wall Street. Will the company be able to show excellent performance this year?Chipotle’s quarterly earnings have excited investors. Tuesday’s trading was quite a day for the stock. Chipotle Mexican Grill (CMG) stock went up to $890.17 which is a 1% increase. However, now the price has decreased to around $856.This occurred before its earnings release which has proven to be positive. Adjusted earnings per...

Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.As Tesla stock (TSLA) continues to defy gravity, Elon Musk has achieved another earnings milestone. The CEO is now one step closer to reaping the heavy benefits of his earnings deal as agreed by shareholders back in 2018. If things continue this way, Musk could become one of the world’s most powerful CEOs and also one of...