Markets

In a bid to bolster its stocks’ future, Tesla is aiming to venture into the market of Europe.Shares of American electric vehicle company Tesla Inc (NASDAQ: TSLA) were down approximately 1.77% during Monday’s pre-market to trade around $411.83. As the market opened today, TSLA stock is down again. At the time of writing, it is 0.84% down, at $417.08. Tesla stock has been consolidating in the past two months ever since hitting an all-time high. Having previously rallied during the height of the...

By 2024, Antares plans to house all most demanded products and services on its platform, including breakthrough innovations and successful market offerings of the past years.Multilevel marketing (MLM), a marketing practice that is sustaining itself on the networking of partner sellers, has become an increasingly common phenomenon nowadays. This business scheme involving a referral to another party who could potentially conclude a trade and therefore, expand the business network, has been...

Bitcoin’s price remains stuck under the key 0.618 Fibonacci level at $13,360 going into this week after little bullish momentum arrived during the opening of the US traditional markets. Wall Street, meanwhile, is painted in red. Over shorter timeframes, it’s clear that the general sentiment is still bullish as the leading asset continues to print higher lows. However, trading volumes are beginning to decline, and there’s a growing divergence between the RSI and price action,...

Huobi Futures has announced its latest offering that looks to take advantage of the ever-growing and popularizing stablecoin market with USDT-Margined Swaps on Oct. 26. Ten popular currencies including BTC, ETH, BCH, BSV, LINK, DOT, UNI, FIL, YFI, and BNB are listed in its first batch. Based on Huobi’s announcement, currently only Web and API are available; trading on APP will be supported around one week later. The total market capitalization of stablecoins has grown from $2.6 billion at...

PayPal’s decision to enable its users to interact with cryptocurrencies directly on its platform continues to attract popular individuals’ attention. The latest to acknowledge the significance of this move were the Head of Facebook Financial, David Marcus, and Social Capital CEO Chamath Palihapitiya. Banks Will Follow PayPal, Says Marcus Arguably the most significant piece of news recently came last week when the giant online payment processor PayPal announced it will soon...

Ripple CEO Brad Garlinghouse is the latest popular individual to criticize the apolitical approach recently taken by the cryptocurrency exchange Coinbase. Just the opposite, Ripple has offered employees paid time off to vote and volunteer in the upcoming US Presidential elections. Ripple CEO Disagrees With Coinbase CEO Brian Armstrong, the Chief Executive Officer of the veteran US-based digital asset platform Coinbase, raised lots of controversies recently after a blog post....

After marking two consecutive yearly highs in the span of a few days, Bitcoin has calmed but still hovers over $13,000. Most alternative coins have remained relatively stable, and the market cap is yet to break above $400 billion decisively. Bitcoin Stays Above $13k Although Bitcoin started the weekend with apparent stagnation, the asset entered Sunday on a roll. BTC was trading at $13,100 but sharply exploded to a fresh 2020 high of above $13,350. Shortly after, though, the...

Stellar lumen price traded to a new monthly high at $0.0878 against the US Dollar.XLM price is currently correcting lower below $0.0850 and testing the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.0840 on the 4-hours chart (data feed via Kraken).The pair could correct lower, but the $0.0800 and $0.0785 support levels might provide support.Stellar lumen price is trading in a positive zone above $0.0800 against the US Dollar, similar...

Ripple price started a fresh increase after it cleared the $0.2500 resistance against the US dollar.The price is now trading well above the $0.2520 pivot level and the 55 simple moving average (4-hours).There are two bullish trend lines forming with support near $0.2520 and $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2590 and $0.2600 resistance levels.Ripple price is trading is a bullish zone above...

Bitcoin has finally done it. After months of waiting, the world’s number one cryptocurrency by market cap has surged past the $13,000 line. The currency has been making its way towards this figure for the past several days following an announcement by PayPal that users can now utilize crypto to purchase goods and services, and the news has had positive impacts on cryptocurrency everywhere.Bitcoin Is Again Reaching the TopBitcoin is now trading for its highest position in over a year, and many...