Binance and Coinbase, two of the leading cryptocurrency exchanges, experienced technical issues in the past few hours, and users were unable to log in. The problems coincided with bitcoin breaking into uncharted territory above $20,000 for the first time.Bitcoin’s Surge Causes Issues On Binance and CoinbaseAs CryptoPotato reported earlier today, the primary cryptocurrency finally broke above $20,000. Bitcoin didn’t stop there and continued to a new all-time high level of $20,800.As it...
Read More »CME Group Announces Ethereum (ETH) Futures: The Date Has Been Disclosed
The price of Ethereum (ETH) has surged past $600, following the latest increase in bitcoin’s price. However, another major stepping stone for its latest rally might be the fact that the Chicago Mercantile Exchange (CME) Group has announced plans to launch ETH futures.ETH Price Shoots Past $600The cryptocurrency market is in full charge mode today, and Ethereum doesn’t lag behind. ETH’s price has surged above $600, and it currently trades at around $617, charting an increase of about 5.5% on...
Read More »Vanguard Total Stock Market Index Fund Surpasses $1T Level Becoming First of Its Kind
Vanguard equity fund includes as many as 3590 different stocks, thus offering individual investors a chance to diversify, reduce risk, and optimize their investments.Amid soaring US stocks, the Vanguard Total Stock Market Index Fund has made history by topping $1 trillion in its asset under management according to media outlet Bloomberg. Reportedly, the Vanguard Equity fund that encompasses both mutual funds and an exchange-traded fund had a total of $1.04 trillion of assets as of November...
Read More »Bitcoin Rally Drives Record Volume on AAX Exchange
Growing demand for BTC corresponds with evidence suggesting that it is no longer traded only by tech-savvy early adopters.The evidence that bitcoin is in the early stages of another bull cycle is mounting. While the most obvious metric, price, attests to this, data from other sources bolster the theory. BTC is up over 20% in the past 30 days and is flirting with the $20,000 threshold, as it has several times in recent weeks. Data released by cryptocurrency exchange AAX supports the case for...
Read More »Almost $400 Million Short Positions Liquidated as Bitcoin Price Blasts Through $20,000
The cryptocurrency market, once again, took everyone by a storm, with Bitcoin finally making the move that everyone was eager for.The cryptocurrency broke above $20,000 and is even pushing further ahead. This has led to massive liquidations of short positions, the total number of which is almost $400 million in the past hour alone.More Than $500 Million of Short Positions Liquidated in an HourTrading is a zero-sum game. This means that for some traders to be profitable, others need to lose,...
Read More »Bitcoin Price Breaks $20,000 Barrier for the First Time in History
Bitcoin price has just hit $20,000 for the first time ever as investor popularity continues to surge for the world’s most highly-demanded cryptocurrency.The price of Bitcoin has surged past the $20,000 barrier for the first time in its history, according to the CoinMarketCap website. The historic milestone comes just over two weeks after breaking its previous all-time high. Bitcoin’s price has increased by nearly 7% over the past 24 hours and is now trading at $20,607.Bitcoin has gained more...
Read More »Bitcoin Crosses The $20,000 Mark: Setting a New All-Time High
The long wait is over. Bitcoin has finally managed to peak above the coveted $20,000 and setting a brand new all-time high. Apart from a brief period back in 2017 on one particular exchange, the coin hasn’t traded above this level throughout its history.Bitcoin Jumps Above $20,000 Setting New ATHTo say that the last couple of months have been exciting for Bitcoin aficionados would be an understatement. The primary cryptocurrency went on a streak, increasing tremendously, dragging the entire...
Read More »Bolt Raises £150M in Funding Led by D1 Capital Partners to Venture into AI Capabilities
In order to remain competitive in the market, Bolt has also identified the food industry as a lucrative segment.Ride-hailing startup Bolt has announced that it has completed funding led by D1 Capital Partners and managed to raise £150 million ($182 million). The Estonia-based Bolt intends to channel the money to its platform and bolster its safety via facial recognition and AI capabilities.In addition, the company anticipates using the money to expand its ride-hailing to different markets,...
Read More »AMZN Stock Up 0.5%, Amazon Fashion Launches Custom Clothing Service ‘Made for You’
Amazon is now actively seeking a way to obliterate challenges associated with online shopping, particularly in the fashion industry. Shares of American e-commerce giant Amazon.com Inc (NASDAQ: AMZN) were up 0.55% in Wednesday’s pre-market to trade around $3,182.50. AMZN shares closed yesterday trading at $3,165, having jumped 0.26% during the day. The tweak on Wednesday is attributed to news that the company is today launching a new service for its customers to create custom clothing dubbed...
Read More »Tron (TRX) Price Analysis: Approaching Crucial Support at $0.0275
Tron price is holding the key $0.0275 support zone against the US Dollar.TRX price is now facing resistance near $0.0296, but it is above the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0292 on the 4-hours chart (data feed via Bitfinex).The pair could accelerate higher once it clears the $0.0295 and $0.0300 resistance levels in the near term.TRON price is slowly recovering above $0.0280 against the US Dollar, while bitcoin is...
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