Crypto news

The impact of the coronavirus spread outside China is giving jitters to the entire financial markets as the average rate on the 30-year fixed mortgage has hit a low of 3.34% on Monday.The situation in the global markets continues to exacerbate with the rising fears of the coronavirus spread. On Monday morning, Dow Jones futures and global markets plunged heavily after a sudden jump in the number of coronavirus infected cases in South Korean and Italy.The financial markets continue to take a...

During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.The TRON founder and CEO Justin Sun is one of the most media-savvy personalities in the crypto industry. In his recent interview with CNN’s Julia Chatterley, Sun spoke about the future of the crypto markets. Justin Sun has...

There’s a new cryptocurrency scam a-brewing, and this time, it targets specific YouTube accounts.YouTube Is Spreading the Work of Crypto HackersThe scam takes on the form of phishing, which means hackers gain personal information from users to access their accounts and other private data. The scam targets YouTube account holders with fake brand deals, and it’s been active for the past two months. Companies like Brick Bros Productions have already reported that their accounts are no longer...

Well, Russia’s newfound love for bitcoin and cryptocurrency really didn’t last too long. Then again, one wonders if that love ever existed to begin with. Russia is now saying it wants to ban all cryptocurrency payments and that all crypto users and owners must be identified, thereby bringing privacy to an all-time low in the sector.Russia Says “No” to CryptoBitcoin and digital currencies were invented to give financial power back to everyday people. One of the powers they are alleged to have...

Tyler Winklevoss, Co-Founder, and CEO of Gemini regretted spending over 300 BTC in 2014 for a ticket to space. With Bitcoin’s price at $800 at the time, the ticket was worth around $250,000 from Sir Richard Branson’s Virgin Galactic.As the price of the largest cryptocurrency has surged since then, Winklevoss referred to his move “a Bitcoin pizza moment.”The Most Expensive Ticket To SpaceVirgin Galactic is a company specializing in commercial spaceflights within the Virgin Group, founded by...

Despite the latest price drops, Tezos continued to hold the 10th position in terms of market cap.XTZ pairs keep showing weakness as bears charge toward key support levels.Tezos broke down from a strong bullish area after losing 9%.XTZ/USD: Tezos Prepares For Huge Drop Following Wedge BreakdownKey Resistance Levels: $3.6, 3.9, $4.2Key Support Levels: $2.9, $2.55, $2XTZ/USD. Source: TradingViewSince our previous price analysis, Tezos has shown a lot of weakness after a failed attempt to conquer...

Warren Buffett stated in an interview that Bitcoin and other crypto have no value. He didn’t change his opinion even though Justin Sun claimed to have given him some crypto assets after the lunch they had together.Warren Buffett claimed crypto including Bitcoin has no value, which is the main reason he does not own any and never will. His sentiments were taken strongly by the crypto community that thought he had changed his mind after spending a lunch meeting with Tron Foundation CEO Justin...

Today the price of Plug Power (PLUG) stock is falling. But its recent market performance has shown that it could become the new Tesla.Plug Power Inc. (NASDAQ: PLUG) stock managed to grow on Friday while the whole market was actively losing its value. This has led many investors to consider Plug with its stock to be the new Tesla Inc. (NASDAQ: TSLA). It has also revitalized investors’ hopes in alternative energy as a whole. Sources indicate that the stock has risen by about 20% this month....

Changpeng Zhao, the CEO of Binance – arguably the largest and most popular cryptocurrency exchange in the world – says that the bitcoin price is set to increase heavily over the next few months.Changpeng Zhao – BTC Will Rise UpIn a recent interview, Zhao stated that he’s avoided predicting the bitcoin price up until this point on account of 50 percent of the time, these predictions will likely be wrong (Tom Lee could probably take a lesson or two from this man). However, this time around,...

The recent fall in Microsoft (MSFT) stock might be nothing to worry about when the company’s general health and future plans are considered.By the close of the market last week, three of the world’s biggest tech stocks had gone down a bit. Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) had all lost between 2% and 3% of their weight. Even though all stocks are known to swing considerably, these ones did not regain any of the losses and plunged...