Markets

If you are one of these traders who are looking for crypto exchanges, this article is for you.The cryptocurrency market is having the best time of the year. Bitcoin keeps going higher, and many smaller-cap altcoins have been doing very well as well. Analysts predict that crypto exchanges and Bitcoin are ready for massive growth, and things start to get real this year due to the ongoing COVID-19 pandemic.Yes, there are not many industries that can grow during the time of the pandemic. When the...

From VPNs, stealth addresses, Bitcoin Mixers to Tor Browser, privacy-oriented solutions for crypto transactions are advancing and becoming available faster than ever.Why you should use Bitcoin Mixer? The pseudonymous Bitcoin (BTC) is currently largely uncontested and dominates as a lot of people’s top choice for the cryptocurrency to buy. Unsurprisingly, it has come to be the de facto requirement for cryptocurrencies, ushering in a wave of spin-off cryptocurrencies built on a decentralized...

Facebook (FB) stock price started rising yesterday in response to the launch of the new Instagram video feature called Reels. Reels is seen as a competitor to TikTok.Facebook Inc (NASDAQ: FB) stock closed at higher yesterday than the day before and is up today as well. It happened as the social networking giant introduced a new feature to its Instagram platform. The new feature called Reels allows users to create short video clips with effects. The feature is seen to contend and compete with...

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...

One of the most widely used decentralized exchange Uniswap has raised $11 million in a Series A funding round led by Andreessen Horowitz (a16z). Uniswap’s market share has been growing rapidly in the past several months, and the team behind it indicated that they will utilize the funds for the third version of the platform.Uniswap Raises $11MIn April 2019, the DEX raised $1.8 million in a seed round. Over a year later, a filing submitted to the US Securities and Exchange Commission (SEC)...

Investors are bullish on Nintendo Stock following the gaming giant’s Q1 earnings reports with a 428% boost in revenue.Nintendo Co Ltd (TYO: 7974) stock is coasting towards the moon following the firm’s Q1 428% boost in revenue. The company’s revenue increase can be attributed to the gaming boom experienced during the global lockdowns.The stock market has started responding to the impressive figures from Nintendo as the stock gained 2.58% adding 1,270 JPY. The gain in the past 24 hours is...

General Motors Co. (NYSE: GM) on Thursday unveiled its all-electric Cadillac Lyriq which is expected to be in the US showrooms by 2022. The company says the Cadillac Lyriq will compete with existing EV brands in the market.American multinational car maker, General Motors Co. (NYSE: GM) on Thursday unveiled its next chapter of American electric luxury brand, Cadillac Lyriq. According to the company, the midsize crossover is expected to arrive in U.S. showrooms in late 2022. This is a huge leap...

Tencent Holdings Ltd. shares dropped around 5% during the London trading session, following an executive order issued by President Trump banning US transactions with WeChat and TikTok in the next 45 days.Escalating economic war between China and the United States is largely disrupting respective tech companies. As of Friday, during the early London trading session, shares of Tencent Holdings Ltd., standing behind the messaging app, WeChat, dropped nearly 5%, because on Thursday President...

Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits.Bitcoin Aims At $12,000Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took charge and spiked BTC’s price to a daily high of $11,910 on Bitstamp. However, the primary cryptocurrency couldn’t sustain its run...

Over the year so far, Bitcoin has demonstrated interesting correlations with legacy markets. During the crash, largely-induced by the spread of the novel coronavirus and for a period after that, the cryptocurrency was trading in line with the stock market.Now, however, it appears that Bitcoin is largely perceived as a safe haven as it demonstrates a massive correlation with gold and silver.BTC Correlation with Gold at an All-Time HighObserving the way Bitcoin transacts is particularly...