Markets

Gary Cohn, a former chief economic advisor to President Donal Trump, who was also the ex-president and COO of investment bank Goldman Sachs, said that bitcoin could fail because it had integrity flaws.Cohn Spells Potential Doom for BitcoinAccording to Bloomberg on Dec.1, Cohn stated that Bitcoin’s “integrity flaw” could lead to the failure of the largest cryptocurrency by market capitalization. The former Goldman Sachs chief made the statement during an interview on Bloomberg Television.When...

MicroStrategy has done quite a lot with bitcoin this year. It’s earned a solid reputation from its customers as a result, and now, shares in the firm have almost doubled in the past few months.MicroStrategy Has Reached the TopMicroStrategy has been the subject of many a headline in the past several weeks given that it’s one of the first major institutional firms to come out and mention that it will be purchasing bitcoin. When the news finally emerged, it turned out that the company hadn’t...

Le Meetup Bitcoin Liège du mercredi 16 décembre 2020 (de 19h00 à 21h00) sera consacré au marché du bitcoin et des cryptomonnaies. Au programme :– Analyse et fondement du marché haussier– Les pièges et les opportunités– Comparaison historique– Nature des acteurs en présence.– … « Mathieu Jamar est ingénieur civil et expert du bitcoin. Il a plus de 7 ans d’expérience quasi quotidienne et a...

The Australian cryptocurrency exchange, BTC Markets, has inadvertently exposed more than 270,000 emails of its customers. The company apologized for the inconvenience and reassured that all other data, including users’ funds, is safe.BTC Markets Exposes Customers’ EmailsA user going by the Twitter handle Stevosxrp.crypto took it to Jack Dorsey’s social media giant and Reddit to first complain about BTC Markets’ screw up. The Australian-based exchange later confirmed the breach on its official...

At the beginning of the year, BlackBerry announced that it has joined forces with AWS to demonstrate a connected vehicle software platform for in-vehicle applications.Shares of Canadian enterprise software company BlackBerry Ltd (NYSE: BB) were up over 20% during Wednesday’s pre-market to trade around $9.50. At the time of writing, in the pre-market, BlackBerry stock is trading at $7.76 (+10%). Moreover, BB shares closed yesterday at $7, approximately 20% up.The spike is largely attributed to...

Airbnb bookings have dropped significantly during the coronavirus pandemic, with over 41% while the company is planning its IPO.American vacation rental online marketplace platform Airbnb is set to raise up to $2.5 billion through an initial public offering later this month. The Airbnb company has set the price range per share between $44 and $50 according to its IPO prospectus. Hereby raising its market valuation to $35 billion on a fully diluted basis.The company’s core business has...

The BlackRock CEO in the interview revealed that the global possession of Bitcoin affects the US dollar in real-time.The CEO of BlackRock Larry Fink in an interview with Mark Carney, the former governor of the Bank of England declared that Bitcoin may evolve to become a global market asset. Fink made it clear in a statement that the Bitcoin market is relatively smaller compared to the others, and the fact that it moves almost everyday places it in a key position to be globally recognized as...

While bitcoin remains rangebound between $18,000 and the new all-time high, calls for BTC prices making ‘moonshot’ moves in 2021 have already started coming in.Amongst scores of such predictions, on-chain analysis pioneer Willy Woo opines that a $200,000 bitcoin price is ‘conservative’ and that the top cryptocurrency stands to fly to $300,000 by the end of the next year.$300K Per BTC ‘Not Out Of The Question’Even though BTC logged a new high, the top cryptocurrency’s price hasn’t managed to...

Tron price started a strong decline after rallying towards the $0.0400 level against the US Dollar.TRX price is now trading below the $0.3500 level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0300 and $0.0275.TRON price is trading in a positive zone above $0.0300 against the US Dollar, similar to bitcoin....

Bitcoin price traded to a new 2020 high at $19,919 before correcting lower against the US Dollar.The price is trading below $19,000, but it is still above the 55 SMA (H4) and the $18,000 support.There is a connecting bullish trend line forming with support near $18,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $18,050 and $18,000 levels.Bitcoin price is currently correcting gains from well above $19,800...