Markets

Those who were looking forward to an altcoin season would certainly have to wait longer as Bitcoin’s dominance continues to surge. Meanwhile, the majority of cryptocurrencies are bleeding heavily against BTC.Bitcoin Tops $24,000 in a Massively Volatile DayThe volatility on the cryptocurrency market continues as most coins see tumultuous performance throughout the past few days.Bitcoin is no exception. Today’s candle is indicative of it. The price reached a low of around $22,800 on Bitstamp,...

[PRESS RELEASE – Please Read Disclaimer]If there is one good thing we should get out of this 2020, it is that ironically thanks to the COVID-19 pandemic, digital adoption grew to levels never seen in previous years, and much of it passes through the crypto ecosystem.As part of the strategy to spread knowledge about the ecosystem, CoinMarketCap has deployed its product “Learn Crypto, Earn Crypto“, under the slogan of “acquire crypto assets in a fun and low risk way“.In this opportunity, the...

Tron price is approaching the main $0.0275 support zone against the US Dollar.TRX price is now trading with below the 55 simple moving average (4-hours), with a bearish angle.There was a break below a major bullish trend line with support near $0.0305 on the 4-hours chart (data feed via Bitfinex).The pair could start a fresh increase as long as the price is above the $0.0275 support.TRON price is moving lower and approaching the key $0.0275 support against the US Dollar, while bitcoin is well...

A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...

Bitcoin price started a fresh upward move from the $22,300 support zone against the US Dollar.The price is now trading well above $23,000 and the 55 simple moving average (4-hours).There is a key rising channel forming with support near $22,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $24,000 and $24,200 resistance levels.Bitcoin price is currently showing bullish signs above $23,000 against the US Dollar. BTC...

Everyone sure keeps talking about bitcoin as of late. The currency has reached a new all-time high of roughly $23,000 per unit, and while the asset is doing extremely well, we cannot forget about the smaller altcoins that share the crypto limelight with bitcoin. We’re talking, of course, about currencies such as Ripple’s XRP and Ethereum.Bitcoin Is Doing Well, but So Is Everything ElseEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the...

A new report issued by Goldman Sachs suggests that gold and bitcoin can potentially coexist together.Goldman Sachs Believes Gold Isn’t Threatened By BTCThere has been a lot of speculation as of late as to whether gold can survive the coming onslaught of bitcoin price surges. As the world’s largest and most popular digital currency by market cap, the coin has garnered a newfound reputation for being a hedge tool and a “safe haven” similar with gold. The currency is looked at as something that...

Both Bitcoin and Tesla stock have benefitted from each other’s individual volatility to date with 2020 marking a historic year for both assets.The cryptocurrency ecosystem is known to be a very volatile space with Bitcoin’s volatility causing skepticism amongst some groups of investors. While many people are familiar with Bitcoin volatility, not so many are aware of the volatility that abounds in the stock market, but CoinShares Strategist, Meltem Demirors has taken her time to highlight...

Coinbase IPO success will be a huge success to the entire crypto industry, as other crypto firms are expected to follow suit.The crypto exchange FTX launched Coinbase pre-IPO tokens that have since that time more than doubled in market price. Following last week’s Coinbase IPO announcement, investors are highly speculating on the expected opening prices.The Coinbase pre-IPO tokens were launched at a market price of around $121, only to pump to trade around $296 in the first hour. However,...

Menwhile, MoneyGram is facing several lawsuits in the United States that may damage its future growth prospects.The stock of global payment services company MoneyGram International Inc (NASDAQ: MGI) continued with the upward trend during Tuesday’s pre-market after opening on a positive note on Monday. MoneyGram stock was trading at around $7.11, up 1.57%, during Tuesday’s pre-market. Notably, they closed yesterday trading at $7. However, as the market opened the stock went down. At the time...