Markets

An emerging cryptocurrency exchange and trading platform BitHera is gearing up to provide investors a most reliable global digital asset trading platform by launching BHC staking program. Since June 2020, BitHera is introduced to the worldwide market.After the uber blast of Bitcoin overpowering the world and doing inconceivably great, many are up ’til now considering placing assets into crypto. In any case, somebody has a place with the crypto-cash business or not, the vast majority...

About an hour back, Bitcoin’s price clocked a new 2020 by hitting the $11,000 mark. This comes after BTC zoomed past the psychological $10,500 barrier earlier today. Is this a trap for bulls or the beginning of another bull market? Bitcoin Price Has Officially Clocked a New 2020 High, Bull Market Here? When a U.S. federal court declared Bitcoin as ‘money’ on Friday, and it responded by showing signs of life by breaking out a sideways trading range, the crypto community certainly didn’t...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $9,900. About $100 more to go and bitcoin will have again struck the $10,000 mark this year.The Bitcoin Price is ExplodingIt’s hard to say whether the asset – should it hit the five-figure range – will remain above $10,000 for the rest of the year. To be perfectly fair, the jump to $10K has been relatively slow and steady this time around, and it’s taken much of last week to hit...

Alternative cryptocurrencies felt today’s pressure as Bitcoin finally poked its head. The major cryptocurrency is on the rise today, and as it’s almost always the case, this took its toll on altcoins. Bitcoin managed to regain almost 1.5% of its market dominance over the past 24 hours alone, leaving other cryptocurrencies in despair. Altcoins Down Double-Digits One of the most precise metric to keep an eye on to determine the current state of the market is Bitcoin’s dominance. It measures...

LVMH CEO and Chairman Bernard Arnault says that the company showed exceptional resilience to the serious crisis the world suffered in the first half of 2020.After the market closed on the 27th of July, LVMH Moët Hennessy Louis Vuitton revealed its financial results for the first half of 2020. The persisting coronavirus pandemic affected LVMH, causing losses in the year’s first half results. The French multinational corporation reported revenue of 18.4 billion euros, a 27% decline over the...

XRP saw a small 2.67% increase today as it pushed above $0.22. The coin is now trading above the June 2020 high as it faces resistance at $0.225. Against Bitcoin, XRP is trying to push higher but is struggling with resistance at 2200 SAT. XRP/USD – XRP Bulls Push To 2-Month Highs Key Support Levels: $0.215, $0.21, $0.20.Key Resistance Levels:$0.225, $0.235, $0.24. XRP managed to push back above the $0.2 resistance last week and has been climbing higher ever since. The coin pushed above the...

The Taiwan-listed shares of Taiwan Semiconductor Manufacturing (TSMC) after U.S.-based chipmaker Intel confirmed that it is going to postpone the release of its next-generation chips.On July 27, the Taiwan-listed stock of Taiwan Semiconductor Manufacturing Co Ltd (TPE: 2330) rallied. The TSMC stock rally happened after U.S.-based chipmaker Intel Corporation (NASDAQ: INTC) confirmed that it is facing delays for its next-generation chips. Intel said that it might have to outsource some of the...

Bitcoin’s price took a turn for the best over the past couple of days as it breached the coveted $10,000 mark in today’s early hours.  Naturally, this brought a lot of excitement in the cryptocurrency community, and a definitive testament of this is the reaction of Arthur Hayes – the CEO of one of the leading Bitcoin margin trading exchanges, BitMEX.  “It’s A F***** Bull Market” Arthur Hayes, the CEO at BitMEX, is known for his eccentric behavior and witty comments. More than once has he...

Crypto asset markets have been on fire over the weekend with a surge of $17 billion, or just under 6%, since Saturday morning. The move has lifted total market capitalization to its highest level since mid-February, and the first time it has been over $300 billion for five months. Cryptocurrency Market Capitalization YTD. Source: CoinMarketCapFollowing a largely flat year in 2019, crypto markets recovered to a high of $308 billion by mid-February this year. A pullback occurred in the...

Bitcoin started gaining momentum yesterday and saw its price increase above the coveted $10,000 mark. At the same time, gold continued its recent surge by marking a fresh all-time high. Some altcoins retraced heavily in the past 24 hours, helping Bitcoin’s dominance reclaim some lost ground. Bitcoin Stands Above $10k After weeks of trading within a confined range between $9,000 and $9,300, Bitcoin has finally woken up. The past couple of days are particularly action-packed. Yesterday, in a...