Markets

Bitcoin price started a strong increase above the $13,000 and $13,500 resistance levels against the US Dollar.The price is now trading well above the $13,500 support and the 55 SMA (H4).There was a break above a key contracting triangle with resistance near $13,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to find support near the $13,500 and $13,350 levels.Bitcoin price is gaining pace above the $13,500...

As the agreement closes in 2021 expectedly, AMD investors will possess 74% of the combined company, leaving Xilinx shareholders with 26%.Advanced Micro Devices Inc (NASDAQ: AMD), widely known as AMD, is purchasing Xilinx Inc (NASDAQ: XLNX) for $35 billion in stock. As it stands, the deal should close at the end of 2021. Being a notable firm in the industry, Xilinx will strengthen AMD against its rival, Intel, in the business of data center.AMD to Buy Xilinx for $35 Billion in StockOn the...

Bisher war es immer ein allgemeiner Bullenmarkt, der auch Bitcoin antrieb: stiegen die großen Indizes, stieg auch der BTC. Doch, angeschoben durch den aktuellen weltweiten Lockdown, zeigt sich zum ersten Mal eine deutliche Entkopplung von Bitcoin- und traditionellem Aktienmarkt. Bitcoin News: Bitcoin und Aktienmarkt entkoppeln sichVor allem der S&P 500 ist der Index, der bisher parallel zum Bitcoin verlief. Der US-Index dürfte der wichtigste Index des Marktes sein und gilt seit...

Bitcoin bulls are staging a new breakout attempt right now as prices surge above the 0.618 Fibonacci level around $13,360 for the second time in 48 hours. The price wicked to $13,500, setting a fresh high for 2020. This is a critically important time for Bitcoin, as a second failure to overcome this level could form a bearish double top and cause prices to plummet. Looking at the global crypto market capital, we can see that volumes are now back to Sunday levels at $397...

As an exchanger aggregator, BestChange.com pools a wide list of cryptocurrency and e-currency exchanges in order to allow users to select the most suitable exchanger for themselves.Entering the cryptocurrency market is a challenge for most newbies given the technicalities and the vast number of platforms available to buy these digital tokens. Due to this, most newcomers who want to buy crypto are driven to centralized exchanges, but there are better alternatives to purchase and sell crypto....

The Open DeFi Alliance supported by the Shanghai Science and Technology Committee seen new members with some of the top DeFi protocols forming a consortium that focuses on innovation, risk management, and liquid strategies. Earlier today, the Open DeFi Alliance announced the launch of the new Western Arm while onboarding eight new members and some of the top DeFi projects in the market. The new members of the DeFi Alliance include some of the notable DeFi projects like BlockScience, Aave,...

ADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar.The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1055 resistance or it might revisit the $0.1000 support.Cardano price is trading below key hurdles near $0.1055 against the US Dollar, while...

Ethereum price started a downside correction from the $421 swing high against the US Dollar.ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours).There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase).The pair is currently holding the main $380 support level, but it must clear $402 for a fresh increase.Ethereum price is correcting losses and holding the $380 support against the US...

The dip in the shares of SAP was further compounded by the company’s update of its Business Outlook for 2020.The shares of the multinational software corporation SAP SE (NYSE: SAP) have plunged by as much as 20% in the pre-market following poor revenue reports released by the company. The same tendency is preserved after the market opening. Now they are 23% down. Per the released earnings, the company attributed the poor performance to the COVID-19 crises which in a way also created an...

The news regarding PayPal’s acceptance of bitcoin and cryptocurrencies is becoming the big news of the year. Many analysts claim that this will ultimately push bitcoin into mainstream territory and give it the boost it needs. Already, the currency has shoved past the $13,000 mark and many industry experts think the currency could potentially end the year at around $14,000 – a solid piece of data given how up and down the currency has been during these past 12 months.Bitcoin Won’t Be...