Markets

Market leading stablecoin Tether has printed $300 Million USDT to replenish the Tron Network and cryptocurrency XRP reclaims 3rd position.The creation of new USDT and subsequent transaction onto the Tron blockchain was first flagged by the Twitter account Whale Alert which monitors and analyses high volume trading activity across the cryptocurrency market. Most of the so-called whale trades in this market occur in stablecoins rather than fiat and this was no exception.? ? ? ? ? ? ? ? ? ?...

Philips announced the launch of its remote monitoring and defibrillator solution dubbed Tempus ALS. PHG stock is down in the pre-market.Koninklijke Philips N.V. (NYSE: PHG) stock fell in the pre-market despite closing yesterday with a plus. Philips stock is 2.84% down in regards to yesterday’s close $54.13 (+3.09%). The company that is dubbed a global leader in health technology, has, however, not been largely affected by the coronavirus pandemic as generally observed in most...

The data from Messari shows that all the platforms built on Ethereum have a combined market cap of $63.7 billion. This is nearly 20% of the total market capitalization of the coin.Ethereum has proven to be the most valuable asset class in 2020. This was reported by Messari, the market data aggregator firm. According to them, Ethereum and decentralized apps built on it have shown massive appreciation with a 130% year to date growth.This is coming in the heels of a market slump associated with...

On Thursday, July 30, 2020, Royal Dutch Shell released its Q2 earnings results. The company reported a sharp decline in its revenue due to civic-19 related demand decline. The company reported a sharp decline in its revenue due to the coronavirus-related demand decline.Giant multinational oil and gas company Royal Dutch Shell Plc (NYSE: RDS.A) published a detailed Q2 2020 earnings report. As anticipated, the company reported a sharp decline in its sales and in turn the revenue for the said...

$7 billion has exited from the global crypto market in the last 12 hours, leaving a vast majority of token projects, including Bitcoin, in the red today.Right now, the total market capital stands at around $330 billion, according to Coingecko data. During the early Asian trading session this morning, there was an exodus of $5 billion in less than an hour, but it’s still uncertain why this drop has occurred.Is this an early sign that bitcoin sentiment is turning bearish?Bitcoin...

In den letzten 48 Stunden hat sich der BTC Kurs stabilisiert. Viele Daytrader nahmen die Aufwärtsbewegung mit. Doch auch wenn viele von ihnen inzwischen wieder abgesprungen sind, konnte sich der BTC Preis bei 11.000 US-Dollar etablieren – ist dies nun der neue Support-Level?Bitcoin News: Neuer Bitcoin Support bei 11.000 US-Dollar etabliertEs war ein deutlicher Durchbruch. Der BTC ist wieder stabil 5-stellig. Doch war dies der Startschuss zur großen Rallye, die Enthusiasten seit mittlerweile...

EOS price started a steady increase above the $2.800 and $3.000 resistance levels against the US Dollar.The price traded to a new monthly high at $3.147 and settled above and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower in the short-term, but dips might find buyers near $2.950 and $2.850.EOS price is back in a bullish zone above $2.800...

Litecoin price gained bullish momentum above the $45.00 and $50.00 resistance levels against the US Dollar.LTC price traded to a new monthly high at $58.07 and settled above the 55 simple moving average (4-hours).There is a short-term contracting triangle forming with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $55.50 and $56.00 resistance levels in the near term.Litecoin price is trading in a...

There are several conflicting reports in the crypto world as of late. Despite the idea that bitcoin is surging like mad and is on the verge of once again striking the $11,000 range, it looks like things are very up and down otherwise for both miners and institutions.The Bitcoin Market Is Straddled with Ups and DownsRecently, Live Bitcoin News reported that Bit Farms, a cryptocurrency mining firm, is straddled with heavy debt and is struggling to repay the $20 million+ it owes by the time 2021...

This past week, Bitcoin added more than 23% and managed to break one of this year’s high at $10,500 per coin.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market capitalization reached $320 billion. Altcoins are trying to keep pace with the “captain” of the industry but their dynamics are quite different. The Chicago Mercantile Exchange...