Markets

It looks like Coinbase CEO Brian Armstrong isn’t a huge fan of the stimulus checks that went out in May.Armstrong: Printing Money Doesn’t Solve AnythingTwo to three months ago, the United States government began issuing checks of approximately $1,200 to individuals who made less than $75,000 a year. The money was designed to assist citizens during the coronavirus pandemic and give them a little financial boost during what is turning out to be an excruciatingly long period of strife, as many...

Satoshi Nakamoto  — the pseudonymous Bitcoin (BTC) creator — may have mined over 1.1 million bitcoins if the details from a recent report are to be believed. Early Bitcoin miners like Satoshi were able to use CPUs to secure the network during the project’s infancy.The $10.9B Satoshi StashAccording to a report by Whale Alert published on Monday, an in-depth examination of the “Patoshi pattern” puts the Bitcoin creator’s horde at 1,125,150 BTC instead of the more conservative 600k-700k BTC...

AlgoTrader AG partners with Enigma Securities, providing better solutions for institutional investors AlgoTrader AG partners with Enigma Securities, providing better solutions for institutional investors Enigma Securities, a crypto liquidity provider focused on electronic execution services, announces its new partnership with algorithmic trading software company AlgoTrader. Enigma will also be joining AlgoTrader’s recently launched...

SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that they have been selected by Banque de France for experiments with Central Bank Digital Currency (CBDC). Banque de France announced the overview of candidates for their experiment. SEBA Bank is proud to see that Banque de France selected SEBA Bank...

After earlier predicting a bear target price for Tesla, Brian Johnson recently made more negative comments on the company’s stock and sales. TSLA stock is up today.Barclays auto analyst Brian Johnson recently made bear comments on Tesla Inc (NASDAQ: TSLA) and the possibility of a fourth-quarter stock plunge.Earlier in February, the analyst predicted a $300 bear price target on the shares of Electric Vehicle (EV) maker. However, the automaker has been increasing its sales and stock price. With...

In partnership with Acko General Insurance, Amazon has decided to start selling auto insurance in India. AMZN stock went up in the pre-market today.The Indian outlet of Amazon.com Inc (NASDAQ: AMZN) has announced it started selling auto insurance in the populous Asian country. Auto insurance is available to cover both two and four-wheelers in the country. The debut of the e-commerce giant into insurance became achievable with the partnership with India’s renowned Acko General Insurance, the...

The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD).Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York State Department of Financial Services (NYDFS).Syscoin’s Network to Feature BUSDAccording to a press release shared with CryptoPotato, the stablecoin issued...

On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools.A scam was posted requesting Bitcoin to get double the returns. The news went global, and the uninformed crypto detractors blamed Bitcoin once again, though markets did not react, and the price of the asset was...

Der BTC ist in den letzten Tagen gestiegen, wenn auch nur leicht. 9,500 US-Dollar sind es aktuell und die optimistischen Investoren sehen ihre Prognosen bestätigt. Doch während einige einen Bullen-Run kommen sehen, warnen Analysten vor dieser unteren Marke.Bitcoin News: Dieser Bitcoin-Preis könnte den Kurs fallen lassenDie untere Marke von 8,800 bis 8,900 US-Dollar ist laut Analysten entscheidend, um einen Bärenmarkt zu prognostizieren. Bleibt der BTC in der aktuell schwierigen Phase darüber,...

EOS price is gaining momentum above the $2.550 and $2.600 resistance levels against the US Dollar.The price is now trading well below the $2.550 pivot level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher above $2.700 as long as it is above the $2.550 pivot level.EOS price is trading in a positive zone above $2.550 against the...