Crypto news

American social media giant Twitter has surprised many by beating the quarterly revenue estimate to clinch on $1 billion. TWTR stock also rose by 14% as the market opened after the report.Social media giant Twitter has broken the expectations among many by managing to pull in $1 billion in the quarterly revenue on Thursday. This report saw TWTR stock rise with a huge gap by the same day, not only that but also broke the downtrend which had dominated the market over the last year. This success...

The cryptocurrency market shows no signs of slowing down so far in 2020. After charting one of the most impressive performances in January, Bitcoin continues its rally in the first week of February as well. In the past seven days, the cryptocurrency increased by about 5.5%, claiming essential resistance levels on the way up. Currently trading at around $9,800, all eyes are on the critical psychological barrier of $10,000. Bitcoin’s price was rangebound in the first few days of the week, and...

The Ethereum-alike blockchain network from Axoni is under development and usage among Goldman Sachs and Citigroup members. Two banks conducted the first equity swap on a new blockchain.This is a milestone in the development of corporate blockchains. Citigroup has already conducted transactions with Goldman Sachs via the secretive blockchain. The first deal occurred on January 28.The blockchain solutions company Axoni launches a distributed ledger network. It was founded in 2013, gathered...

The next Ethereum system-wide upgrade, Eth 2.0, will not launch in Q2 2020 as scheduled, but developers are still confident that the original network parameters will deploy in 2020.The next Ethereum system-wide upgrade dubbed Ethereum 2.0 will be launched later than scheduled.In a particular Reddit discussion held on February 5, the Eth 2.0 team made several clarifications. The team said that the network would not launch until three clients can run testnets continuously for at least eight...

The Australian government is taking significant steps in adopting blockchain in its daily operations. Earlier today, the country released its “National Blockchain Roadmap” to improve the nation’s productivity in different sectors.Australia Published Blockchain RoadmapLess than a year ago, the federal executive Government of Australia (the Morrison Government), announced that it will develop a National Blockchain Roadmap. With a cost of 100,000 AUD, its idea was to utilize blockchain usage in...

PawnHub enables a new way of monetizing an ever-expanding universe of Bitcoin assets, gives value to previously latent capital, unlocking the wealth within physical and social assets, and providing a new source of money creation.According to crypto lending platform PawnHub, the largest asset classes in the world (stock markets and residential real estate) are collectively worth $217 trillion, putting the global debt-to-asset ratio at 80%, when considering $244 trillion as the global debt.The...

As the Bitcoin 2020 halving approaches, a new and bullish forecast has put BTC price close to $16,00 before this highly-anticipated day.While there has never been a shortage of Bitcoin bulls, these extremely optimistic forecasts are always worthy of note whenever they are publicized. Recently, a popular crypto trader simply known as Filb Filb made a very interesting bitcoin forecast ahead of the upcoming 2020 halving.Halving or not the market is always awash with bullish predictions for...

In a quest to fund the Blue Origin project, Amazon CEO Jeff Bezos continued with his initial plan to sell shares. He has now sold $3.5 billion worth of shares in a week after AMZN stock jumped higher and the company joined the $1 trillion club.Amazon CEO Jeff Bezos has sold almost $3.5 Billion worth of Amazon’s (AMZN) shares in the last one week, in the quest to fund his aerospace project Blue Origin. According to filings from the Securities and Exchange Commission (SEC), Jeff sold slightly...

Binance is implementing the new BNB/USDT perpetual contract feature. The trading launch is scheduled for 10.02.2020, 08:00 AM (UTC).Binance will leave the traders with no chance of performing manipulations. In the first 15 minutes of the new contract trades, a 1% pricing limit will focus on the marked price. Since now, BNB holdings are updating themselves according to the new Futures account calculation scheme. Its the sum of the Binance Coin balance’s hourly snapshots of Futures balances,...

Chainlink surged 13.48% to reach $3.26 as buyers remain trapped in a channel.If buying volume continues to increase, the bullish scenario might last for a while.Against Bitcoin, Link signals long-term bullish move after witnessing a bull flag breakout.LINK/USD: Chainlink Awaiting Next Move Following 13.48% SurgeKey Resistance Levels: $3.75, $4.55Key Support Levels: $2.73, $2.13LINK/USDT. Source: TradingViewToday, we have seen another surge in the price of Chainlink against the US Dollar,...