Crypto news

MasterCard Inc (MA) stock dropped after the reports about the potential influence of the coronavirus outbreak on the company’s revenue. The stock price in the pre-market is $320.85.Mastercard Inc (NYSE: MA) stock dropped sharply on Monday after the bell rang. The 4% drop was attributed to the report given by the company regarding its 2020 revenue. According to the company, cross border travel and the cross border e-commerce growth that is being affected by the ongoing coronavirus, the...

The Dow Jones futures plummeted quite terribly yesterday. However, today, it has gained almost 300 points on its way to recovery.The coronavirus is still a major problem not just health-wise, but for financial markets as well. All of the uncertainty, fear and doubt stemming from the outbreak which started last year, has caused very visible effects on the world’s stock markets. Yesterday, stocks crashed badly, signifying the market’s worst plunge in 2 years. Now, a rise can be observed as the...

Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.Virgin Galactic Holdings (NYSE: SPCE) stock has managed to rise slightly during the recent stock dip on the market. This dip occurred during a brief reign by the bears. The reason behind this was the issues surrounding the coronavirus. During the market stumble, SPCE stock had a reversal. The stock experienced an...

Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.Ripple network sent 54 million in one week from the U.S. to Mexico, according to the reports. Such a big volume level pushes XRP price greatly, even though the recent downfall. With the company reaching the top 100 cross-border payment corporations chart, new horizons are...

The bearish scenario is likely to end shortly at 7-weeks rising trend line on the 4-hours chartAfter facing rejection at the 7-month high, LINK/USD fell and started downward correctionLink loses momentum after witnessing a low trading volumeLINK/USD: Chainlink Flaunted Short-Term Reversal With Double-Top Pattern, Nearing Key Rebound LevelKey Resistance Levels: $3.8 $4.4, $4.8Key Support Levels: $3.3, $3, $2.8LINK/USD. Source: TradingViewSince Chainlink turned away at the 7-month high of...

The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.The Dow index, as well as top stocks, S&P 500 and Bitcoin price, have all started losing as coronavirus is conquering new territories. Even more, value vanishes since the virus reaches Italy: one of the world’s biggest travel and trading mecca. The COVID-19 also visits Iran, South Korea, Bahrain, Kuwait...

Popular American venture capital investor, Tim Draper, recently said that he has been out of the traditional markets for the past six months.Instead, he has most of his investment portfolio allocated in Bitcoin as he believes its price will reach $250,000 by early 2023.Bitcoin At $250,000Draper has been quite optimistic regarding the future of the largest digital asset previously as well. Yesterday, in an interview for CNBC’s “Squawk Alley,” he reaffirmed his previous bold prediction for the...

XRP rolled over and dropped by 3% over the past 24 hours to bring the price for the coin down to $0.266.It is now battling to stay above the 200-days EMA and to remain over the ascending trend line.The cryptocurrency broke beneath major support at 2800 SATS against BTC.Key Support & Resistance LevelsXRP/USD:Support: $0.26, $0.25, $0.245.Resistance: $0.27, $0.289, $0.3.XRP/BTC:Support: 2750 SAT, 2710 SAT, 2640 SAT.Resistance: 2800 SAT, 2900 SAT, 3000 SAT.XRP/USD: Ripple Drops Into 200-days...

Boerse Stuttgart is the second-largest exchange in Germany. According to an official release, the venue has launched an unprecedented product in the cryptocurrency industry. The new tracker has a product value that represents the inverse performance of Bitcoin.Short Bitcoin (BTC) ETP On Boerse StuttgartBoerse Stuttgart continues to expand its products associated with different cryptocurrencies. Per a recent release, the venue is taking a step forward, listing a new, supposedly unprecedented...

Unfortunately, the crypto industry is still widely associated with illegal activities, scams and frauds. Though the measures are taken, such projects as CryptoUnit still exist.The scandal erupted around the OneCoin project reached its peak in the fall of 2019. According to the top management of the project, OneCoin was a cryptography-based digital currency, an analog of bitcoin. However, a targeted review revealed that a fraudulent scheme underlined OneCoin. First of all, despite the numerous...