Crypto news

Our previous price analysis had identified a tight range in which Bitcoin is trading inside. Over the past hours, this range is seemingly cracking down, to the downside.For the past five days, Bitcoin was trading between $7300 to $7600. Despite a fake-out that reached the mentioned resistance area of $7700, Bitcoin was trading inside a descending channel, which can be seen on the following 4-hour chart.Adding negative indication coming on behalf of the Relative Strength Index (the RSI), as of...

Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...

Now we know that Morgan Stanley is one of the financial behemoths that we don’t want to mess with when they give an opinion. So many pundits in the aviation sector paid close attention when Morgan Stanley gave indications that Virgin Galactic’s stocks will soar after it gave the stock of the aviation upstart higher ratings than many pundits thought necessary. The investment behemoth’s analyst Adam Jonas explained this position:“A viable space tourism business is what you pay for today… but a...

Steemit was launched in July 2016 and can become a good additional network for Tron‘s business model.According to the Mars Finance Weibo channel, Justin Sun said that his company had received two new companies during a series of acquisitions. Later, the secret source in TRON told Mars Finance that the plans to unite with Steemit are true. More than that, a Chinese news website Huoxing24 reported the same information, however, the article is gone from their website at the time of...

Bitcoin, the world’s most famous cryptocurrency continued through this fall following charges from sharp pickups the previous month, plunging nearly 40% in just hours after China’s head of state made hopeful statements about blockchain innovation.The digital money started in November at $9,131.42, before hitting $9,526.17 on November 4, after which it nosedived over 30% to a month at a monthly low of $6,524.55 on November 25.Bitcoin endured some outstanding losses a month ago, after a bearish...

Apple began the year disappointing its investors. On Thursday, January 3, Apple stock (AAPL) hit its 2019 low of $142, a 10% plunge just one day after CEO Tim Cook announced that iPhone sales had begun to decline in China. Since then, AAPL has been performing quite impressively and is now the most profitable stock on the Dow Jones Industrial Average (DIJA) as it has climbed about 70% this year alone, and hit $270.One of the factors said to be responsible for APPL’s performance is the...

The altcoin market sheds more than $2 billion in value on Tuesday. Bitcoin price approaches $7,200 on major exchanges. Volatile trading conditions follow a surprise announcement by Huobi Group that its U.S. operations are closing. Bitcoin’s gravitational pull on the wider cryptocurrency market was evident on Tuesday, as altcoins lost billions in collective value. There was no immediate catalyst for wider market selloff, though bitcoin’s inability to climb above technical resistance and...

After much foot-dragging, software giant Microsoft has finally decided to shut down its Wunderlist App come 2020. Sources indicate that Microsoft prefers its To Do as it offers a better end-user experience and be able to compete favorably with other personal organization apps that are currently in vogue and trending in app stores.Wunderlist app users will no longer be able to sync their to-do lists starting from May 6, 2020, but rather will be able to import their data into Microsoft’s To Do...

Matic drops 70% in an hour after weeks of positive gains. The cryptocurrency was up nearly 200% in two weeks before the plunge. Was it an inside job? Matic — one of the first tokens to originate upon Binance Launchpad has witnessed one of the harshest dumps in crypto history, falling a massive 66% in the space of an hour. Crypto, Twitter is screaming today. Altcoins left, right, and center are dropping like stones. Still, one cryptocurrency is hurting more than any other, Matic. On...

Switzerland-based fintech startup Amun AG is all set to offer cryptocurrency exchange-traded products (ETPs) to retail investors in the EU after it receives a regulatory nod from the Swedish Financial Supervisory Authority (SFSA).Amun made the announcement on Tuesday, December 10, after SFSA cleared a base prospectus filed by the startup. The announcement says that retail investors who have access to Germany’s Boerse Stuttgart and Swiss SIX exchanges will be eligible to trade Amun’s ETP...