Markets

It looks like bitcoin is finally starting to gain some of its previous momentum back.Bitcoin Is Again Reaching for the StarsOver the past few weeks, the world’s number one cryptocurrency by market cap had been struggling to move beyond the low $9,000 mark. The currency traded anywhere between $9,000 and $9,140, though after a surge during yesterday’s early morning hours, it looks like the currency is having no problem remaining in the high $9,200 window.According to some analysts, the...

Despite world economies still feeling the adverse effects of the COVID-19 pandemic, most stock markets have recovered from the March losses, and some are even charting new highs.This has raised speculations that Bitcoin’s price may head south, and OKEx CEO Jay Hao recently offered his answer on the matter.Jay Hao Examines The Stock Markets And BitcoinAs CryptoPotato reported, the popular index Nasdaq reached a new all-time high yesterday and continued its upward movement today. Other...

Samsung is to unveil its Note 20 at Galaxy Unpacked event. Despite the major releases this year, the company has seen its smartphone shipment plunge by around 18.9% year-on-year in the March quarter.South Korean smartphone maker Samsung Electronics Co Ltd (KRX: 005930) is preparing to reveal to consumers the Galaxy Note 20, during August 5, 2020, Galaxy Unpacked virtual event. The company has been moving at a fast pace in delivering the next generation kind of smartphone, making it to be on a...

After closing yesterday at $1,389.86, with a +1.33% change, Tesla (TSLA) stock is in the green in the pre-market. Morgan Stanley analyst Adam Jonas has set a bull case scenario for the shares that could be traded at $2,070.Tesla Inc (NASDAQ: TSLA) stock is scaling higher by the day, and likely to reach a $2,000 level sooner than anticipated, despite the negative energy from different analysts. As of July 7, 2020, Tesla stock hit a new ATH after adding $18.28 to close the day at $1,389.86 and...

Disney (DIS) stock pricing is rising today in the pre-market as teh company is preparing to re-open its Walt Disney World theme parks to a limited number of visitors on Saturday.The Walt Disney Company (NYSE: DIS) stock price rose slightly in the pre-marler. It occurred as the entertainment giant is going to re-open its Disney World parks on Saturday. It will happen despite the fact that the COVID-19 pandemic is hitting the United States hard. New cases are rising exponentially.Florida is one...

Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs. As the nascent industry keeps growing, which ones will be next?DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks. A new all-time high of $2.12 billion has just been reached, according to Defipulse.com. This represents the dollar equivalent value of all the crypto collateral locked in smart...

ADA is now trading above 2019’s high following a 58% growth in 7 days.The price is now approaching the 1500 SAT level with strong bullish momentum.ADA/USD: Cardano Surges 28% After Crossing $0.1 Key Resistance Levels: $0.16, $0.2Key Support Levels: $0.11, $0.094ADA/USD. Source: TradingViewThe second half of the year is again looking promising for Cardano as it starts a new increase above the $0.094 level. In fact, the price is now trading above 2019’s high following a 58% growth in 7...

Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...

ADA price is up over 20% and it broke the key $0.1000 resistance area against the US Dollar.The price traded close to the $0.1400 level and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but dips remain well supported on the downside at $0.1200.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. ADA price surged more than 20% and...

Bitcoin price is rising steadily above $9,200 and the 55 simple moving average (4-hours).It is currently facing a heavy resistance area near the $9,350 level.There was a break above a major bearish trend line with resistance near $9,090 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must settle above the $9,350 resistance level to start a sustained upward move.Bitcoin price is trading in a bullish zone above $9,150 against the US Dollar. BTC must gain bullish...