Crypto news

Panasonic Corp reported on Monday its first quarterly profit in U.S. battery business with Tesla Inc. The news comes after the U.S. electric vehicle maker reported its second successive quarterly profit last week, as vehicle deliveries hit a record. Tesla also said it would comfortably make more than half a million units this year, pushing its shares to new highs.Panasonic’s Chief Financial Officer Hirokazu Umeda said, referring to battery cell production, that the company is catching up as...

Payment platform Worldline SA in a bid to maintain its stronghold in the now competitive industry is set to acquire a rival firm Ingenico. The amount of the deal is already known. It will be $8.6 billion, which makes it the biggest deal in Europe so far in 2020. The sum is equal to 7.8 billion in euros.Global MergerBoth companies have been circling each other for years, but the reorganization of Ingenico last year gave Worldline SA the avenue to formally bid for the company. Worldline SA...

The crypto industry is actively developing this days which ensures high chances for cryptocurrencies to replace fiat money one day. However, there is still a lot to be done in this direction. In the recent interview, the CEO of FortuneJack Boris Kiknadze has explained the common tendencies in this industry and told a lot about crypto gambling in general and their project in particular.What is your professional background and how/when did you get into crypto?I consider myself to be a...

As it was predicted by market analysts last week, the coronavirus epidemic plunged stocks in mainland China as markets reopened. The markets had remained closed because the government extended the Lunar New Year Holiday in efforts to curb the spread of the outbreak. Before now, the world was already feeling the effects of the spread. Several financial markets had plunged and now, China has joined the plunge.Coronavirus Crashes Stocks in ChinaOn Monday, stocks generally crashed by at least 7%....

The XRP token had a great start to the week following a 2.82 percent surge in price after Ripple, the company that is using the cryptocurrency in its solutions, released 500 million tokens from an escrow account on Feb. 1, at least according to data provided by resource monitoring website Whale Alert.In the last 24 hours, XRP price has spiked from $0.2460 to its current price of $0.2522, CoinMarketCap data shows. XRP’s gains extended across the board to other altcoins particularly those in...

Most of the cryptos grew on Monday amid terrible trading in Asia. After the extended Chinese New Year shutdown, mainland markets finally opened for trading. However, it was not going as it was expected.Bitcoin price was rising as well. However, at the time of writing, it was falling 0.43% to $9,347.Major stock markets in the Asia-Pacific region tumbled by the most since an equity bubble burst in 2015. They resumed trading Monday, in the first opportunity for many investors in China to react...

Minecraft players can now earn Bitcoin through its new treasure hunt server called the SatoshiQuest. This new Minecraft server puts players on a treasure hunt to search for hidden Bitcoin.Players will have to pay $1 for each new life, the proceeds of which will eventually go to the winner. The developer of the game said that the objective is simple. While signing up to the platform, the players will receive a wallet address wherein they can deposit $1 worth BTC. With this deposited amount,...

Yesterday, Hard Rock Stadium in Miami was the venue of the Super Bowl, the most important sporting event in the U.S. In this game, the championship teams from the American Football Conference and the National Football Conference face each other to determine which team is the best in the National Football League. Super Bowl 2020 became the sixth Super Bowl that took place in Miami Gardens. Patrick Mahomes, Tyreek Hill, and Travis Kelce led the Chiefs, while top 49ers players included Jimmy...

TL;DRRipple (XRP) saw a tidy 4.5% price increase over the past 24 hours to reach above $0.25.Against Bitcoin, XRP surged 5% but met resistance at a descending trend line.If XRP can break above the 200-days EMA, the 2020 bull-run is likely to continue toward $0.30.Key Support & Resistance LevelsXRP/USDSupport: $0.245, $0.234, $0.227.Resistance: $0.26, $0.274, $0.289.XRP/BTC:Support: 2600 SAT, 2525 SAT, 2455 SAT.Resistance: 2800 SAT, 2900 SAT, 3000 SAT.XRP/USD: XRP Rising Above $0.245 To...

Stellar lumen price is rising steadily and it is trading nicely above $0.0620 against the US Dollar.XLM price is currently facing a short term resistance near $0.0660.There is a major ascending channel forming with support near $0.0625 on the 4-hours chart (data feed via Kraken).The pair could rally significantly once there is a clear break above the $0.0660 resistance area.Stellar lumen price is trading in an uptrend against the US Dollar, similar to bitcoin. XLM is likely to continue higher...