Markets

Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink.Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking records, especially in the technology field.Bitcoin: Back to Stability?The primary cryptocurrency remained relatively stable in the past 24 hours....

Bitcoin cash price started a fresh increase above the $255 and $280 resistance levels against the US Dollar.The price even tagged the $300 resistance area and it is currently consolidating gains.There is a key bullish trend line forming with support near $285 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge again if it clears the $300 resistance in the near term.Bitcoin cash price is trading in a strong uptrend above $280 against the US Dollar....

On its 5th anniversary, Ethereum (ETH) is presenting its holders with a solid gift. Just moments ago, the cryptocurrency surged by more than 5%, thus marking a fresh high for the past year.ETH Gains 45% in 10 DaysThe second-largest cryptocurrency by means of market capitalization surge over 5% less than an hour ago.The price reached around $340 on some exchanges.ETH/USD. Source: TradingViewAs seen in the chart above, ETH marked a new 12-month high. Interestingly enough, the move came not so...

Despite all bitcoin has accomplished over the past 12 years, it looks like the world’s number one cryptocurrency by market still holds a very prominent place amongst dark market users, according to a new report by Chainalysis.Chainalysis: Nearly 1 Million BTC Owned By HackersThe blockchain and cybersecurity firm reports that roughly 900,000 bitcoin units are owned by hackers, scammers, and dark web buyers. This represents close to five percent of the globe’s total BTC supply and amounts to...

Ampleforth (AMPL), is one of the cryptocurrencies that lost the most over the past three days. It plunged by over 75% to reach a low at around $0.65 on some exchanges, putting holders in negative rebase territory.AMPL Plunges 75% in 3 DaysAmpleforth is undoubtedly one of the most discussed and trending projects in the cryptocurrency field. It has been this way for about a month now.Back towards the end of June, AMPL started trending upwards and reached a high at around $4, providing investors...

The founder and chief executive of Galaxy Digital Michael Novogratz said in an interview recently that he fully expects the price of bitcoin to reach $20,000 by the end of the year. This would place the world’s number one cryptocurrency by market cap at its all-time high again, which it previously attained three years ago in 2017.Mike Novogratz: BTC Will Be at $20K Again SoonThe bitcoin price has been surging as of late. At the time of writing, bitcoin is trading for over $11,200, and...

It’s finally happened, folks. After weeks – nay, months – of waiting for bitcoin to get its act together, the world’s leading cryptocurrency by market cap has finally shot beyond the $11,000 mark.Bitcoin Has Reached New Heights for the YearIt hasn’t been easy for the currency to reach such a summit. It has tried time and time again throughout 2020, but for the most part, has seemingly come up short each time. While bitcoin has managed to jump above the $10,000 range a few times throughout the...

Panasonic announces plans to boost the energy density of the battery cells it supplies to Tesla by 20 percent in five years. TSLA stock is 0.15% down to trade around $1,496 at the time of reporting.Tesla Inc (NASDAQ: TSLA) enthusiasts and shareholders got something to smile about, despite the market retracement from its ATH. According to Reuters, Panasonic Corp (TYO: 6752) plans to boost the energy density of “2170” battery cells it supplies to Tesla by 20% in five years.In addition, the...

The launch of the updated Augur v2 betting platform has attracted massive interest from investors. Recent data indicated that the number of active addresses has skyrocketed on the day after the v2 release.Augur V2 Is LiveThe veteran decentralized betting platform allowing customers to place bets on various cryptocurrency-related outcomes Augur launched the second version of its platform on July 28th, 2020. Dubbed Augur v2, it has brought multiple upgrades, including touching upon the ongoing...

With the company’s ongoing late-stage clinical trials and its impressive H1 performance results, AstraZeneca (AZN) stock jumped in the pre-market.Foremost leader in the search for COVID-19 vaccine AstraZeneca Plc (NYSE: AZN) has posted its H1 performance report. The company’s released result shows an impressive earning spiked by increasing demand for coronavirus vaccine. Despite the negative impact of the pandemic particularly through the first and second quarters, AZN has shown great...