Markets

With Bitcoin supply diminishing over time and mining difficulty on the rise amid heightened demand, the asset is poised to skyrocket further in the coming months.Bitcoin is really close to its ATH market price as it has just crossed $19,000. The coin is trading at around $19,201.39 after rallying over 1.2% in the past one hour. Apparently, the asset is less than 3% shy of its all-time high achieved during the 2017/2018 bull rally.According to the data provided by CoinGecko, Bitcoin price is...

Bitcoin price just surged past the $19,000 mark and is looking to retake the previous all-time high of $20,000. This spike in volatility has caused all BTC markets to experience some serious trading traffic – especially the bitcoin futures market. And how? Well, open interest in the Binance futures market just topped $1.2 billion.Binance Bitcoin Futures Market Register Record Open Interest And Daily VolumesAccording to the crypto market and on-chain analysis firm Glassnode, the bitcoin...

According to the Bloomberg Billionaires Index, Elon Musk’s net worth has gained over $100 billion since the beginning of the year.The CEO of Tesla Inc (NASDAQ: TSLA) Elon Musk has surpassed Bill Gates to become the world’s second-richest person. According to a Bloomberg report, Musk’s net worth reached a new milestone on the 23rd of November, jumping by $7.24 billion to $128 billion. As Tesla stock has continuously increased since the beginning of the year, the net worth of the company’s CEO...

One of the earliest builders on the Ethereum network, Gnosis, announced the launch of the cryptocurrency industry’s first decentralized prediction market-driven collective — GnosisDAO.Prediction Market for DeFi GovernanceTraditionally, a prediction market is a form of exchange-traded markets where a group of people predict the outcomes of a variety of events and bet on those predictions.The decentralized prediction market by Gnonsis aims at decentralized governance and technical layers of the...

Customers would be able to earn 1% on their deposits for 84 days. Currently, deposits of as low as 0.1 BTC and as high as 5 BTC will be allowed.Japanese financial giant SBI Group has announced that it has hit the ground running with crypto lending service starting today.According to the company, this is being done through its subsidiary SBI VC Trade. The company has decided not to charge any fee for account management or annual membership. Also, there would not be any fee on crypto and...

West Coast Aquaculture (WCA) stocks are now listed on the Sydney Stock Exchange under the SSX code 833.As cryptocurrencies get globally accepted, an Australian-based West Coast Aquaculture (WCA) has announced that it successfully completed raising $3.65 million via IPO with over 89% through Tether (USDT). According to news outlet Coindesk, the WCA crypto IPO was facilitated by a fintech firm STAX. “The successful WCA capital raise and IPO, paves the way for the future of capital markets in...

According to the report, Grayscale had about $5.9 billion in assets under management. Interestingly, this has recorded a massive surge to over $10 billion.Bitcoin is currently enjoying the rally of its life since the previous market bull run that saw it surge to near $20,000. Just in 2 months, the digital asset has gained about 80% value which saw it fall short of just 4% gain to equal its all-time high of $19,783 after reaching $18,965. Wall Street Journal accessed some of the possible...

Apple (AAPL) stock shows slight rebound in the pre-market after the tech giant extended the date for billing digital class holders making in-app purchases.The shares of Apple Inc (NASDAQ: AAPL) which closed down 2.97% on Monday to $113.85 are up by 0.70% in the pre-market today as the Cupertino-based company announced that it is extending the date to enforce its in-app purchase charges to specified users. As reported by CNBC, Apple announced that firm’s that runs digital classes through the...

ADA price is gaining momentum and it is trading well above the $0.1500 resistance against the US Dollar.The price is trading above the $0.1700 level and the 55 simple moving average (4-hours).There is a key connecting bullish trend line forming with support near $0.1540 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.1800 and $0.1850 resistance levels.Cardano price is gaining a strong bullish momentum above $0.1500 against the US Dollar, while...

Ethereum price is gaining pace above the $580 and $600 resistance levels against the US Dollar.ETH price is currently trading well above $600 and the 55 simple moving average (4-hours).There are two key bullish trend lines forming with support near $560 and $520 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is trading in a nice uptrend above $600 against the US Dollar. ETH/USD is likely to...