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Bitcoin Price Is Moving Up Again while Number of BTC Users Hits 23 Million

Yesterday, BTC price was back to growing. Today, on Thursday, February 6th, the asset continues its growth mostly around $9,700.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Number of BTC transactions has exceeded 500 million.Commission for transfer in BTC worth 460 million USD was less than 1 USD.Bitcoin price is moving higher. As we can see in the weekly chart, Bitcoin is forming a steady rising wave. In this case, the upside target is the resistance level at...

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China Cuts Tariffs on $75 Billion Worth of U.S. Goods, Stock Markets Rally in Response

China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.On Thursday, China said it will cut down tariffs on more than a few U.S. goods. Chinese authorities announced it will reduce tariffs placed on these goods worth $75 billion by 50%.China Cuts Tariffs as Trade Tensions ImproveChina had initially announced tariffs on these goods on Sept. 1. 2019. The tariffs were in retaliation to...

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Bitcoin auf dem Weg zur 10.000 US-Dollar Marke

Der Bullenmarkt treibt den BTC wieder in Richtung 10,000 US-Dollar. Zuletzt erreichte er seinen höchsten Kurs seit Oktober letzten Jahres. Viele Anzeichen deuten darauf hin, dass der Bullenmarkt noch lange nicht vorbei ist.Bitcoin News: Bitcoin auf dem Weg zur 10.000 US-Dollar MarkeGlobal gesehen hat das Coronovarius dem BTC geholfen. Die chinesische Wirtschaft geriet leicht ins Stottern und es wird vermutet, dass es einen kleinen Kapitalfluss aus dem Yuan in den BTC-Markt gab.Die technischen...

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IEOs Are Not Dead: Binance Launchpad’s WazirX (WRX) Soars Over 600% The IEO Price

Binance completed its latest Initial Exchange Offering (IEO) recently, and it brought faith back to those who invest. Even though there have been talks that IEOs are virtually dead because of the low returns that the last few of them brought, WazirX’s sale seems to have turned things around once again.WazirX Soars Over 600% From IEO PriceWazirX was the latest Initial Exchange Offering to take place on the Binance Launchpad. It was completed on February 4th, and it raised a total of $2...

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Verizon Media Launches Personal Finance Site for Millennials Called Cashay

Verizon Media, that is dedicated to transforming the way people stay informed and entertained, has announced the launch of a new site for generation Z. The site is called Cashay.Verizon Media (a division of Verizon Communications) in its quest to capture the attention of millennials launched an entirely new site called Cashay. It is dedicated to inculcating millennials into the intriguing world of finance and make the tricky process look easy and seamless.The new site will feature a mixture...

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Coronavirus Updates: China Decries International Travel Restrictions Even as Death Toll Nears 600

The new coronavirus strain which originated in China has spurred a few related developments. Here are some updates we’ve compiled.Coinspeaker has a few updates sparked by the undesired effects of the coronavirus as it continues its fatal spread in China. The government in China, is currently taking several measures to control the spread. Similarly, other countries are doing the same. However, the Chinese government is unhappy with the restrictions.China Decries Coronavirus Travel...

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Qualcomm (QCOM) Stock Soars as Q1 Earnings Top Wall Street Forecasts

Qualcomm (QCOM) stock positively reacted to the optimistic figures in the company’s Q1 earnings report. The net income in that fiscal quarter was $925 million.Leading Technology Firm Qualcomm Inc. shares experienced a new rise, as QCOM stock has managed to top the earning table on Wall Street, making the firm one of the most valuable at the moment in the stock exchange market.Mobile technology firm and one of the very few proponents of the 5G network Qualcomm Incorporated shares rose steadily...

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Jack Dorsey-backed Lightning Labs Secures $10M to Create Visa-like Network for Bitcoin

CEO Lightning Labs Elizabeth Stark announced that the company has raised $10 million to further develop their project and scale the developer ecosystem. The tech company also launched its flagship product Beta Loop after a series of testing.Through a medium blog post, Lightning Labs CEO and Co-founder Elizabeth Stark announced that the tech company had raised a $10 million Series A capital. The raised capital will be used to further its lightning payment system project that is being...

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Etheruem Price Analysis: ETH’s 20% Weekly Gains Can Signal The New Alt Season?

Ethereum increased by 7.8% today, bringing the price for the cryptocurrency to $212.It managed to break above an ascending price channel against Bitcoin to reach 0.0218 BTC.The latest surge has increased the market cap to almost reach $23 billion.Key Support & Resistance LevelsETH/USDSupport: $200, $193.50, $185.Resistance: $212, $225.30, $235.15.ETH/BTC:Support: 0.021 BTC, 0.0202 BTC, 0.0198 BTC.Resistance: 0.0218 BTC, 0.0223 BTC, 0.0232 BTC .ETH/USD – Ethereum Breaks $200 For First Time...

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FinTech Startup Revolut Eyes Entry in U.S. Market and Plans to Shift Base to Ireland

Having moved its operations to Dublin due to Brexit issues, Europe’s popular fintech startup is planning to join Monzo and N26 in the competitive U.S. market. In the U.S., Revolut will specifically target exchange students and business travelers.London-based fintech firm Revolut is now planning to move its operations to Ireland’s capital city Dublin and Lithuania. This decision from the startup comes as the UK moves out of the European Union with Brexit.In the last few years, Revolut has...

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