Markets

Bitcoin cash price started a fresh increase above the $280 resistance against the US Dollar.The price surged towards the $330 resistance and settled well above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $302 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise as long as it is above the $300 support zone in the near term.Bitcoin cash price started a strong increase above $300 against the US...

On December 18, Coinbase Global announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC).The announcement cites Form S-1, which is the initial registration form for new securities required by the SEC for public companies that are based in the U.S. Any company or security that meets the criteria must have an S-1 filing before its shares can be listed on a national exchange.The SEC Form S-1, required by companies intending...

It looks like the amount of bitcoin being held on digital exchanges is beginning to fall to record lows. The world’s number one cryptocurrency by market cap has shot past the $19,000 mark again, and it appears people are beginning to sell. Thus far, the amount of bitcoin held on exchanges has fallen by more than 20 percent this year.Bitcoin Is Being Sold OffThe currency, despite doing well at the time of writing, has encountered a few ups and downs in the last few weeks, experiencing a couple...

Analyse du bull market par Starensen (@Beetcoin sur Twitter) lors du meetup Bitcoin Liège du mercredi 16 décembre 2020.

Social Media platforms, despite being a tale of the modern society, remain largely antiquated. While we browse through different profiles on our phones, we oftentimes forget that it’s one single entity behind the curtains. One central organization that can pull the plug and control the entire thing.It is here where the promise of blockchain-based technology, being inherently distributed and decentralized, sounds particularly appealing. And there are plenty of projects already working on...

Bitcoin’s price has left everyone in shock today. Not only has the leading crypto broken the psychological $20,000 mark in the last 24 hours, but also the $21K, $22K, and $23K levels in rapid succession too.Over $71 billion has entered the global crypto market during this historical movement, pushing the weekly increase in worldwide crypto investment up to $119 billion.The dramatic surge in price has wiped out over 474 short positions on BitMEX worth a combined $131.4 million. This will have...

Morgan Stanley has asked investors not to make any fresh entry in MRNA stock citing potential downside in the short-term. Moderna is having a meeting with the FDA officials later today for approval of its COVID-19 vaccine candidate.Pharmaceutical giant Moderna Inc is set to receive FDA approval for its COVID-19 vaccine anytime soon. However, Moderna Inc (NASDAQ: MRNA) stock has entered the speculation zone as day traders are not so confident of the approval anytime soon.On Wednesday, December...

ETH/USD: Ethereum Resumes Bullish RunKey Resistance Levels: $700, $720, $750Key Support Levels: $636, $600, $538ETH/USD. Source: TradingViewFollowing Bitcoin, Ethereum finally resumed its bullish run after recording a substantial 18% increase in the past 7 days. It broke to a new yearly high (where it now trades around $666) with a 12% gains overnight. Because of this, its market cap is now up to roughly $75 billion, at the time of writing. This is also the highest price for ETH since May...

After a critical analysis, Zacks Rank gave Tesla shares a ‘Hold’ rating, citing notable fundamentals that are yet to materialize.Shares of American giant electric vehicle company Tesla Inc (NASDAQ: TSLA) dropped approximately 1.65% on Wednesday to close the day trading at $622.77 and got a new rating from Zacks Equity. The drop had further been magnified during Wednesday’s pre-market as they were down 0.63% to trade around $618.However, the electric vehicle giant has experienced one of its...

One River Digital, a new institutional-focused investment firm, under the backing of tycoon and hedge fund manager Alan Howard is eyeing a $1 billion investment in cryptocurrencies by early next year.On Wednesday, hedge fund One River Asset Management CEO Eric Peters explained to Bloomberg that the company’s offshoot One River Digital will surpass $1 billion in terms of crypto holdings sometime in early 2021. The newcomer has already made investments for institutional clients amounting to...