Dow Futures dropped 400 after a report of the first coronavirus case in Northern California, of unknown origin. The drop has come even after Donald Trump gave assurances to the investors that the virus is under control and there is no call for alarm.The Dow Futures dropped 400 points in the early hours of trading on Thursday, and it’s indicating a further drop after the first coronavirus case of unknown origin was reported in the U.S. Northern California. The CDC confirmed it does not have a...
Read More »EOS Price Analysis: Bears Are Back In Control, Sell Rallies?
EOS price started a major decline from the $4.429 swing high against the US Dollar.The price broke many key supports near the $4.000 and $3.800 levels.There is a key bearish trend line forming with resistance near $3.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but the bears are likely to remain active near $3.800.EOS price is down more than 10% and it broke the key $3.800 support against the US Dollar, similar to bitcoin. It seems like...
Read More »PrimeXBT Exchange Nabs Three Forex Awards, Including Best Crypto Trading Platform
PrimeXBT is proud to announce that it received three prizes at Forex Awards as the Best Crypto Trading Platform, the Best Crypto and Forex Broker, and the Best Crypto Trading App.The 2019 edition of the Forex Rewards has revealed that Bitcoin-based margin trading platform PrimeXBT made a clean sweep of the awards in the cryptocurrency categories. In the category of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App, PrimeXBT walked away...
Read More »Tagomi Joins Facebook’s Libra Association and Becomes Its 22nd Member
Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.Crypto prime brokerage Tagomi joins Facebook‘s Libra Association. The company will be the 22nd member of the Association and the second to join since the group’s formal foundation in October 2019. Tagomi President Marc Bhargava has already confirmed the news. But the formal announcement from...
Read More »Litecoin (LTC) Price Analysis: Nosedives Below $60, $50 Next?
Litecoin price declined heavily and broke a few key supports near $68.00 against the US Dollar.LTC price struggled to stay above $65.00 and even declined below $60.00.There was a break below an important bullish trend line with support at $72.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now in a bearish zone and it could even decline below the $58.00 support.Litecoin price is down more than 20% from highs against the US Dollar, similar to bitcoin. LTC...
Read More »#822 Bank of Canada CBDC, Iran Krypto statt Sanktionen & Massive Trader Verluste Bitmex
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 822. Heute sprechen wir über folgende Themen: Bank of Canada arbeitet an Digitalwährung, Iranischer General will Sanktionen umgehen mit Krypto & $190 Millionen auf Bitmex liquidiert. [embedded content] 1.) Bank of Canada arbeitet an Digitalwährung (CBDC)https://www.btc-echo.de/bank-of-canada-will-eigene-digitalwaehrung-vorbereiten/ 2.) Iranian General Calls for use of Crypto to Evade...
Read More »Invest 1% In Bitcoin As Warren Buffett Is Wrong, Says Virgin Galactic Chairman Chamath Palihapitiya
Virgin Galactic chairman and founder of investment company Social Capital, Chamath Palihapitiya, opposed Warren Buffett’s negative views on Bitcoin. Moreover, he noted that everyone should allocate a portion of their investment portfolio in the largest digital asset.1% In BitcoinPalihapitiya, who is also an early investor in Facebook, recently appeared in CNBC’s Squawk Box. While speaking about the coronavirus’s effect on the traditional markets, he also mentioned Bitcoin’s involvement in the...
Read More »Changpeng Zhao Launches Attack on Craig Wright
Craig Wright is once again at the center of controversy… Not necessarily because he’s done anything wrong. That just seems to be what he does best.Wright and Zhao: At Each Other’s Throats?In a recent string of tweets, Changpeng Zhao – the CEO of Binance – expressed his frustration with Wright, and is denying any possibility that the Australian bitcoin developer could be Satoshi Nakamoto, the famed and notoriously private inventor of the world’s number one cryptocurrency by market cap.One of...
Read More »Buffett Has Lost a Lot of $$ for Not Taking BTC Seriously
As we all know by now, Berkshire Hathaway is run by one of the biggest bitcoin haters across the globe. Warren Buffett – a billionaire and entrepreneur – has made it clear in the past that he wants nothing to do with cryptocurrencies and has even called bitcoin a “fraud” and compared it to a button on his coat in a recent CNBC interview.Warren Buffett Is Always Going to Hate BTCThis month, Warren Buffett indulged in a nearly $5 million lunch with founder and CEO of TRON Justin Sun. The lunch...
Read More »Bitcoin Crashes Along With U.S. Stocks, Exposing ‘Haven’ Myth
Bitcoin’s price touched an intraday low of $8,620.00, its worst showing in a month. The sudden drop follows a chaotic two days for U.S. stocks, as the Dow crashed almost 2,000 points over that stretch. Gold has rallied in the wake of the stock-market collapse while bitcoin has languished. Bitcoin’s price declined sharply on Wednesday, following in the footsteps of a plunging U.S. stock market and raising red flags about its safe-haven status. Bitcoin Loses $9,000 Handle The bitcoin price...
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