Markets

SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that they have been selected by Banque de France for experiments with Central Bank Digital Currency (CBDC). Banque de France announced the overview of candidates for their experiment. SEBA Bank is proud to see that Banque de France selected SEBA Bank...

After earlier predicting a bear target price for Tesla, Brian Johnson recently made more negative comments on the company’s stock and sales. TSLA stock is up today.Barclays auto analyst Brian Johnson recently made bear comments on Tesla Inc (NASDAQ: TSLA) and the possibility of a fourth-quarter stock plunge.Earlier in February, the analyst predicted a $300 bear price target on the shares of Electric Vehicle (EV) maker. However, the automaker has been increasing its sales and stock price. With...

In partnership with Acko General Insurance, Amazon has decided to start selling auto insurance in India. AMZN stock went up in the pre-market today.The Indian outlet of Amazon.com Inc (NASDAQ: AMZN) has announced it started selling auto insurance in the populous Asian country. Auto insurance is available to cover both two and four-wheelers in the country. The debut of the e-commerce giant into insurance became achievable with the partnership with India’s renowned Acko General Insurance, the...

The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD).Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York State Department of Financial Services (NYDFS).Syscoin’s Network to Feature BUSDAccording to a press release shared with CryptoPotato, the stablecoin issued...

On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools.A scam was posted requesting Bitcoin to get double the returns. The news went global, and the uninformed crypto detractors blamed Bitcoin once again, though markets did not react, and the price of the asset was...

Der BTC ist in den letzten Tagen gestiegen, wenn auch nur leicht. 9,500 US-Dollar sind es aktuell und die optimistischen Investoren sehen ihre Prognosen bestätigt. Doch während einige einen Bullen-Run kommen sehen, warnen Analysten vor dieser unteren Marke.Bitcoin News: Dieser Bitcoin-Preis könnte den Kurs fallen lassenDie untere Marke von 8,800 bis 8,900 US-Dollar ist laut Analysten entscheidend, um einen Bärenmarkt zu prognostizieren. Bleibt der BTC in der aktuell schwierigen Phase darüber,...

EOS price is gaining momentum above the $2.550 and $2.600 resistance levels against the US Dollar.The price is now trading well below the $2.550 pivot level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher above $2.700 as long as it is above the $2.550 pivot level.EOS price is trading in a positive zone above $2.550 against the...

Undoubtedly, 2020 will go down in history as the year Decentralized Finance (DeFi) has started to assert its control over the cryptocurrency industry. This development has been underscored by the rise of Compound as the leading DeFi lending platform, surpassing MakerDAO in value locked. Looking at the DeFi market as a whole, the total value locked in DeFi smart contracts rose almost fourfold since the turn of the year.Next to COMP, many other DeFi tokens such as Aave (LEND), Kyber Network...

Bitcoin price is currently gaining traction above the $9,400 and $9,440 resistance levels.A new monthly high is formed near $9,567 and the price is now above the 55 simple moving average (4-hours).There was a break above two key bearish trend lines near $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair might correct lower in the short-term, but dips remain well supported near $9,420.Bitcoin price is trading in a decent uptrend above $9,400 against the US...

It’s been about a week since the incident occurred, and yet news outlets still can’t seem to get enough of the Twitter bitcoin hack that took place last Wednesday.The Twitter BTC Hack Just Gets Bigger and BiggerThe incident is one of the most profound and notorious in bitcoin’s short, yet significant history. Several high-profile Twitter accounts belonging to politicians, celebrities and musicians such as Bill Gates, Barack Obama, Joe Biden, Kanye West and Elon Musk were hijacked by cyber...