Crypto news

At press time, bitcoin isn’t doing so hot. The number one cryptocurrency by market cap is down for the count and trading in the $6,000 range.Bitcoin Still Has LoyalistsAnd yet, much like gold and other precious metals, the digital asset can’t seem to shake its followers, some of whom hold rather prominent positions in the world of finance. One such follower is 59-year-old Nassim Nicholas Taleb, the author of bestselling books like “The Black Swan” and “Fooled by Randomness.”Taleb says he’s...

EOS saw a slight increase of 5.25% over the past 24, and it now trades at $2.42.The cryptocurrency is trading sideways against BTC within a 6-month old symmetrical triangle.EOS has been climbing the rankings as it reaches the 7th position with a $2.28 billion market cap.Key Support & Resistance LevelsEOS/USDSupport: $2.16, $2.05, $1.80.Resistance: $2.64, $3.00, $3.15.EOS/BTC:Support: 0.000332 BTC, 0.000316 BTC, 0.00030 BTC.Resistance: 0.00036 BTC, 0.00038 BTC, 0.0004 BTC.EOS/USD: Finds...

Tesla stock seems to be unstoppable in the last few days. At the time of writing, the stock just hit a record high, rising 2.39% to $402.67. This puts the company close to that $420 figure that costs its CEO Elon Musk $20 million in fines with the Securities and Exchange Commission (SEC). When the stock reaches $420, Musk said Tesla will go private.Since Tesla announced a surprise profit in the third quarter, the stock has been on a rise. It finally recovered from its problems caused mostly...

Tron saw a sharp 25% price fall over the past month, causing it to drop into the $0.0129 level.The cryptocurrency is struggling against BTC after falling beneath a rising trend line in early December.Tron could rebound higher from here as the Stochastic RSI lines up for a bullish crossover signal.Key Support & Resistance LevelsTRX/USDSupport: $0.0121, $0.0112, $0.0101 Resistance: $0.014, $0.0162, $0.018.ETH/BTC:Support: 171 SAT, 162 SAT, 152 SAT.Resistance: 191 SAT, 200 SAT, 207...

Supply chain fintech startup Tradeshift Frontiers, famous for advertising more than two million companies on its platform, said it has cut the cost of cross-border transactions between buyers and suppliers utilizing public Ethereum blockchain.Last year, Tradeshift startup managed to raise $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). That brought Tradeshift’s total funding to more than $400 million. The company...

The U.S.-based provider of shared workspaces for technology startups and services for other enterprises WeWork sells Managed by Q unit acquired earlier this year. As the company’s spokesperson stated, the sum of purchase made up about $220 million at that time, however, now the deal will cost less than a quarter of this price.According to Bloomberg, the decision to sell Managed by Q results from WeWork’s need to cut its costs and unload assets. Currently, WeWork is in private talks with...

Bitcoin volatility makes a stunning return. The “extreme fear” countertrade is back on the table. Bakkt futures record all-time highs. Bitcoin’s recent rise has sparked new hopes for BTC just in time for the holidays. Here are several signs that may indicate a Santa Claus rally is on its way. Bitcoin has been anything but bullish recently. Since it’s tantalizing reprisal back in June, the pioneer crypto has refused to advance anywhere but south, retracing by as much as 47%. Rather than any...

Yesterday’s article emphasized the extreme overselling of the market and, therefore, the high probability of the appearance of discount hunters. And they appeared.The news of the day is that of apprehension over Ethereum, as an ICO investor allegedly moves 300,000 ETH.The recent movement of funds from an early participant in the Ethereum ICO is causing some apprehension in the Ethereum market. Over the past few months, the account has transferred about 300,000 ETH to exchanges. A few days...

U.S. President Donald Trump becomes the third president in history to be impeached by the House. The announcement came on Wednesday, December 18, when the Democrats voted for two articles – obstruction of Congress and abuse of power.This historic vote comes after the House Democrats conducted an inquiry into Trump’s dealings with Ukraine. The impeachment process isn’t over yet though. The proceedings now move to the Senate for the next trial. Thus, the Senate holds the final decision if it...

On the official website of Lukka, users can create personal taxation accounts, and import the history of deals. Exchanges often give users the possibility to export all the operations in a convenient XLS or JSON file. Importing the data to Lukka will allow the user to report directly to the IRS, with Lukka accountant’s brief support. Lukka has CPA.com as their partners.Those guys are a separate entity working in the jurisdiction of the American Institute of Certified Public Accountants. They...