Back in the parabolic bull run in 2017, more often than not, a random cryptocurrency would skyrocket and increase by a staggering percentage. In a lot of the cases, however, this was based more on pump and dump schemes rather than on actual fundamental or technical indicators.Over the past couple of days, Futurocoin, which presents itself as “the most innovative cryptocurrency,” soared with an astronomical amount, perhaps signaling that the days of 2017 are back.FuturoCoin (FTO) Up 10,000% In...
Read More »Tom Lee: BTC Will Grow By Another $30,000 This Year
Tom Lee is at it again with his price predictions. The Fundstrat analyst is predicting $40,000 for BTC by the end of 2020, but is it possible he’s on track this time?Lee Is Back to His Old SelfLee has always been there to remind the world of how solid bitcoin is. No matter what it’s going through, no matter how many drops it incurs, Lee is there to tell us about its greatness. He’s confident it’s the future of finance, but his price predictions have left some wanting.For example, 2018 was a...
Read More »Fed-Induced ‘Deflation Crisis’ Will Cause Bitcoin to Soar: Hedge Fund Manager
The growing U.S. workforce and retirement of the boomers will force the Fed to double its balance sheet. The expansion of the Fed’s balance sheet will lead to low or even negative yields. These conditions will drive investors to seek assets that are scarce and bitcoin is the number one candidate. By now, it’s no longer a secret that the Federal Reserve is responsible for pushing the stock market into all-time highs. The Fed continues to pump billions into the...
Read More »Shopify Stock Hits ATH as Company Reports Better than Expected Sale Results
Shopify reported a much better than expected full-year results. Shopify (SHOP) stock has jumped more than 10% and reached its ATH.Canadian based e-commerce company, Shopify Inc. has reported a better than expected full-year revenue and sale results. According to the company, the expected quarterly earnings from the holiday sales increased reciprocating to higher profits.Shopify’s Revenue ReportShopify (SHOP) stock leaped higher as a result of the news, breaking the initial resistance zone at...
Read More »Crypto Price Analysis February 12: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash 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.The market of digital assets keeps growing confidently. Once again, we can see the main coins test the resistance levels, however, the bears have yet failed to...
Read More »Telegram Pushes Forward the Launch of TON Blockchain Despite Fierce Legal Battle with the SEC
The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...
Read More »Bitcoin Reaches Its Tallest Peak for the Year, Trades at $10,300
Bitcoin is on a roll, today. The currency has rebounded from its recent drop to surge by roughly $500. At the time of writing, it is trading for over $10,300, marking a new high for the year.Bitcoin Has Set a 2020 RecordThe asset has undergone a period of hardcore change since 2020 began. It initially began the year trading at a measly $6,900, the lowest it had been in approximately one month. From there, it rose by $400 to reach $7,300 following political tensions between the United States...
Read More »Samsung Wants to Tackle Apple’s iPhone via New Partnerships with Netflix and Microsoft’s Xbox
Samsung has just unveiled its new Galaxy S20 phone family. Now the company is on a course to snatch the mobile market from competitors through attractive partnerships with Netflix and Xbox.Samsung Electronics Co., for many years now, has been in heavy competition with Apple in the mobile phone market. Both companies seem to go head-to-head with their products every year and are also being constantly pitched against each other by consumers. Now, it would seem that more than ever, Samsung is...
Read More »Facebook Stock Dips Down ahead of Official Visit of Mark Zuckerberg to Europe
Facebook CEO Mark Zuckerberg Facebook is going to come to Europe with an official visit this month. At the same time, FB stock is experiencing not the best period.Facebook (FB) stock continued to trade lower on Tuesday closing at $207.15 from the previous monthly high of $224. At the time of writing, the price was around $210. This comes as Chief Executive Mark Zuckerberg is preparing for visiting Europe to meet with EU officials in the course of the month.Facebook Stock Price Movements:...
Read More »Samsung Galaxy S20 Ultra: Unveiling New Face of Photography
Samsung has wowed the public with its new Galaxy S20 family. One of the devices that definitely deserves your attention is the Galaxy S20 Ultra.One of the most proliferated industries in the technology market is the mobile phone industry. The market is flogged with a lot of mobile phone products with features meant to wow potential customers, but with the introduction of the latest Samsung Galaxy S20 Ultra, the South Korean technology giant is changing the face of photography with modern...
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