Bitcoin (BTC) peaks at $9,429.99, its highest in almost three months. At its highest point Wednesday, the largest cryptocurrency was up 32% year-to-date. Bitcoin is behaving a lot like a “safe haven” asset, according to Fundstrat’s Tom Lee. Bitcoin’s price rallied to nearly three-month highs on Wednesday, as the largest cryptocurrency continued to demonstrate risk-off appeal amid the coronavirus outbreak. BTC/USD Rallies; Altcoins Follow Bitcoin peaked at $9,429.99 on Bitstamp, its highest...
Read More »The Crypto Community Reacts to Justin Sun’s Tweet Surrounding Kobe Bryant
The world – not just basketball fans – was shocked by the news that legendary NBA player Kobe Bryant had passed away at the age of 41 in a helicopter crash over the weekend in southern California alongside his 13-year-old daughter.Is Justin Sun Capitalizing on the Death of Kobe Bryant?Among those feeling the pain of Bryant’s death is the CEO of TRON Justin Sun. The cryptocurrency and blockchain entrepreneur took to Twitter to announce that the next niTROn Summit would be held in his honor....
Read More »New Report Suggests Crypto Hacks Are Still Too High
When are all these cryptocurrency hacks and interferences going to stop?Hacks Are Not Going Away Anytime SoonIt’s a question that’s probably on every enthusiast’s mind. How can crypto gain mainstream or legitimate status if malicious actors continue to dominate the space? It’s not fair, it’s not right, and thus far, it’s not stoppable.This is the bottom line that has every trader worried. Crypto hacks, for the most part, appear unbeatable to one extent or another. Despite the advancements...
Read More »TabTrader and The Conference Exchanges will Hold a Trader Contest Together
Place/Date: Amsterdam - January 29th, 2020 at 6:57 pm UTC · 4 min read Contact: The Conference Exchanges, Source: The Conference Exchanges On March 6, 2020, TabTrader with the support of The Conference Exchanges will hold a Trading Competition. The competition will take place the day after the conference, which will be held in Amsterdam. Anyone can take part in the contest.About The Conference ExchangesThe crypto industry today faces numerous problems that hinder development of the sector....
Read More »Apple, Amazon and Tesla: Which Stock Attracts Millennials More Than Others?
As per reports on January 28, 2020, CEO of Apex Clearing, Bill Capuzzi, stated that it is interesting to witness how the investing habits of millennials have shifted over the past year, claiming that millennials have proven to be unique and differed from their generational counterparts.Apex Clearing has disclosed the fourth-quarter Millenial 100 report that analyzed over 734,000 portfolios possessed by U.S.-based investors with an average age in the region of just 31 years. The result was...
Read More »Bitcoin Has (Finally) Hit $9,000 Again
It’s finally reached the pinnacle, folks. After months of waiting, bitcoin has shot beyond the $9,000 mark and is now trading for an impressive $9,039 at press time.Bitcoin Is Firing on All CylindersWhile this is relatively small compared to where the world’s number one cryptocurrency has been in the past, it does represent a shift of sorts for BTC and solidifies the bull market that enthusiasts have been so excited about for the past few weeks.BTC initially slumped to the mid-$7,000 range...
Read More »Swiss Company Set To Launch First Compliant IPO On Ethereum’s Blockchain
Blockchain technology continues to make waves around the world. And today, the world has witnessed what many believe to be the first major step towards a new way for startups to access capital.According to a press release by Andriotto Financial Services, dated January 29th, 2020, the country of Switzerland has recently approved OverFuture SA’s incorporation by using an IPO of tokenized shares stored directly on the blockchain.For many, the approval is considered as the first Swiss-compliant...
Read More »Ethereum Classic Price Analysis: ETC Surges Above $12 Following Bitcoin’s Positive Momentum
Against Bitcoin, ETC may face weekly resistance at 0.0015SAT levelETC is following a bullish sentiment across trading pairsETC/USD: ETC Buyers Regroup Stronger Following The Break Above 2019 HighKey Resistance Levels: $16, $20Key Support Levels: $10, $8ETC/USD. Source: TradingViewAfter a weak correction to $8, Ethereum Classic bounced back with more than 50% gains in just three days of trading. Over the past few hours, ETC’s price has increased by 16.48% and now changing hands around $12.34...
Read More »Stock Market Is in Green due to Earnings and Coronavirus Fears as Vaccine Is Not Tested Yet
Indexes went strongly up today as investors were waiting for the Federal Reserve’s interest rate decision (probably stays the same). Traders were also focused on the economic data published today. The Census Bureau reported wholesale inventories decrease of 0.1% in December, while the trade deficit increased $5.3 billion compared to November. Some companies have already released their quarterly earnings and some are still waited for.The Dow Jones Industrial Average went up at the open by...
Read More »3 Reasons Why Bitcoin Price Has Gained 40% In 2020
2020 has so far been an exciting and profitable year for Bitcoin. Since the early days of January, the cryptocurrency has managed to increase its value by almost 40%. This is a spectacular performance for any asset, even more so within traditional markets.BTC/USD January. Source: TradingViewIn the past 24 hours alone, Bitcoin is up more than 3%, looking primed to start testing the resistance line at around $9,400.With so much going on in terms of price action, it’s perhaps interesting to...
Read More »
Crypto news
