Markets

ADA price is facing a strong resistance near the $0.1480 and $0.1500 levels against the US Dollar.The price is currently trading nicely above the $0.1380 support and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1485 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1500 pivot level.Cardano price is currently consolidating above the $0.1400 zone against the...

Bitcoin price rallied to a new multi-month high at $12,131 correcting lower.The price traded as low as $10,560 and it recently recovered above the $11,000 level.There is a connecting bullish trend line forming with support near $11,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the main $11,000 support zone to start a fresh rally in the near term.Bitcoin price is holding a couple of important supports near $11,000 against the US Dollar. BTC...

The Coke One North America (CONA) aims to utilize Ethereum’s Baseline Protocol in a new project to manage supply chains across different bottling suppliers.Coca Cola to Create Botting Harbor with Ethereum-based NetworkAccording to a report from Monday (August 3, 2020), CONA established a project called “Coca-Cola Bottling Harbor,” which will leverage the Baseline Protocol. The use of the protocol will ensure that transactions are private and stored on the Ethereum blockchain.The project is an...

Bitcoin’s price increased by about 22% over the past couple of weeks. Its gains were greater, but there was a sudden correction during the weekend.In any case, it’s safe to say that volatility is back in the market, and with it, the interest is also increasing. In fact, data from Glassnode shows that the number of unique addresses to appear on Bitcoin’s network for the first time are at their highest level since 2017.New BTC Addresses SurgeAccording to the popular cryptocurrency analysis firm...

The second-largest cryptocurrency by market cap has been enjoying a massive bull run as of late. Following the massive increase in its value over the past few months, over 90% of ETH holders are now in a state of profit, recent data revealed.ETH’s Ongoing Bull RunEthereum’s price was stuck in a range between $200 and $250 for several months. Although its blockchain network is the underlying technology behind the recent DeFi boom, the asset’s price performance was lagging. In fact, multiple...

AMZN stock performed dismally on Monday in comparison to its competitors but it is up today. Amazon is going to buy a stake in Deliveroo and is expanding to Sweden.Amazon.com Inc (NASDAQ: AMZN) stock lost 1.67% on Monday and continued to fall in the pre-market on Tuesday. The shares were at around $3,098, 0.42% down. However, as the market opened, Amazon (AMZN) went up. At the time of writing, AMZN shares are at $3,165.74 (+1.73%). This rise can be explained by the news about the intentions...

Nio stock price is rising. Deliveries in July have reached record highs. The Chinese company may become a serious competitor to Elon Musk’s Tesla.Nio Inc (NYSE: NIO) stock price is slightly up in the pre-market as incoming data from the Tesla Inc (NASDAQ: TSLA) challenger indicated that business has been great. The company has shown higher deliveries of 3,533 cars in the past month. It represents a 322% rise from the same period last year. NIO stock price closed higher at the end of trading...

Binance Futures has long been looking for ways to expand to the U.S. Now it may acquire a licensed firm to ensure conducting futures trading there. Crypto exchange Binance is considering the launch of the futures trading platform in the U.S. According to anonymous sources, to do that, Binance would possibly acquire or partner with a licensed company.Binance Futures is the fastest-growing crypto-derivative exchange by trading volume. To date, its proven matching engine is unparalleled, it has...

Microsoft (MSFT) stock jumped 5.62% yesterday to close the day trading at $216.54, but the shares were over 1% down in the pre-market. Yesterday’s growth is attributed to a possible acquisition deal with TikTok.Microsoft Corporation (NASDAQ: MSFT) stock added $11.53 during the day yesterday to close the market trading at $216.54. The jump is being attributed to news released by the company on Sunday that it is prepared to continue discussions to explore a purchase of TikTok in the United...

Bitcoin Press Release: Blockchain-based digital asset depository service HaruBank celebrates 1 year of giving users market-leading interest rates, with transacted volumes of over $30,000,000 in the last 12 months.3rd August, 2020, Singapore – After an incredible 12 months of ground-breaking work in the decentralised finance arena, HaruBank have today announced transactions totalling $30,000,000 made via their platform. The news comes after a significant funding announcement in June of this...