Markets

ADA price is showing positive signs above the $0.0800 resistance zone against the US Dollar.The price is facing a significant resistance zone near the $0.0885 and $0.0900 levels.There was a break above a major bearish trend line with resistance near $0.0820 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0900 resistance to continue higher towards $0.1000 in the near term.Cardano price is moving in a bullish zone above $0.0800 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh increase above the $9,340 resistance against the US Dollar.The bulls succeeded in clearing the key $9,500 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair traded as high as $9,793 and it is currently correcting gains.Bitcoin price is back in a positive zone above $9,400 and $9,500 against the US...

Both Visa and Mastercard are strong market players. And it is up to you to decide which one is a better buy now. In the long run, both seem to be a good way to invest. Despite some not very positive news about new cases, the world hopes that the coronavirus pandemic is close to its end, and now analysts are estimating how different companies managed to survive in the crisis. Here we’ll take a look at stocks of the leading financial services companies, Mastercard Inc (NYSE: MA) and Visa Inc...

Max Keiser – a bitcoin investor and host of the Keiser Report – believes that the number one digital currency by market cap will spike to $400,000 per unit in the coming years.Max Keiser: Forget $100K; We’re About to See $400KInitially, Keiser has long touted a $100,000 price for the digital currency. He’s allegedly been predicting such a figure since the year 2011, but now he’s confident the end price for bitcoin will be four times this, and he’s convinced it will happen because the U.S....

Microsoft will shut down its Mixer platform for a partnership with Facebook Gaming. The two companies will take advantage of Microsoft’s xCloud.After struggling to gain a firm position in the video game market, Microsoft Corporation (NASDAQ: MSFT) is abandoning its video game streaming service. Microsoft has announced that it will shut down the “Mixer” service, encouraging patrons to move over to Facebook Gaming.According to Microsoft, Mixer will be taken offline a month from now, on July...

Tencent revealed that it increased its stake in NIO. Now, Tencent owns 15.1% of the company’s Class A ordinary shares. NIO has been on a capital raising spree this year to shore up its balance sheet and meet its ongoing cash requirements.NIO Inc (NYSE: NIO) shareholder Tencent Holdings Ltd. (NASDAQ: TCEHY) decided to widen its share in the electric-car startup. NIO is also seen as a direct competitor of Tesla Inc. (NASDAQ: TSLA) in the world’s biggest car market. NIO shares first skyrocketed...

Ripple is moving its wheels faster than the prior years in increasing XRP adoption and also onboarding more customers on its ODL services and the Asian market will be one of the priorities for the company in the nearest future.Through an interview that was published on June 19, 2020, Adam Traidman the CEO of SBI Ripple Asia, BRD wallet and SBI Mining Chip Co. confirmed that ODL capabilities are going to go full scale in Asia market later this year or early next year.Among other issues...

An average of $15 million worth of ETH has been locked into Ethereum’s DeFi protocols each day for the past week. That equates to more than four times the amount of Ethereum, which is produced every day as a result of mining.Ethereum’s DeFi Protocols See Huge InfluxAccording to data from DeFiPulse.com, over $500 million entered various DeFi protocols in the past seven days, averaging just over $78 million per day. Lock-ins of ETH specifically numbered 461,000 in that time, equating to an...

KPMG Chain Fusion is set to help traditional financial companies and fintech startups provide well-managed crypto asset services.Aiming At Institutional ClientsIn a recent announcement, the company presented KPMG Chain Fusion. The project aims to help the management of crypto and traditional assets over public and private blockchain networks for institutional clients.The new set of capabilities will be able to assist customers in managing and addressing global regulatory considerations for...

Tron price is trading above the $0.0155 and $0.0160 resistance levels against the US Dollar.TRX price is likely to accelerate higher if it clears the $0.0168 and $0.0170 resistance levels.There was a break above a key contracting triangle with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The pair could reverse gains if there is no clear break above the $0.0170 hurdle.TRON price is trying to start a strong increase against the US Dollar, similar to bitcoin. However,...