Markets

Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%.Bitcoin’s False BreakoutAfter the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at $9,300. However, the primary cryptocurrency has since slipped below it as it went from $9,440 to its current position at $9,150 in a few hourly candles....

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....

According to some analysts, the bitcoin trading market has come to a bit of a halt during these past two months.Bitcoin Trading Has FallenLondon-based bitcoin and crypto analytics firm Crypto Compare has put out a report that reads:Spot volumes have gradually dwindled throughout the month of June, now representing roughly half of the daily volumes seen in the previous month. Crypto derivatives exchanges experienced a 35.7 percent drop in volume.Trading through the world’s largest crypto...

BitTorrent Inc users can now purchase goods and memberships on the platform with the USD-backed stablecoin of the leading cryptocurrency exchange Binance – BUSD.BUSD And BNB Changes On BitTorrentIn a press release shared with CryptoPotato earlier today, the popular decentralized peer-to-peer company announced the introduction of the newest cryptocurrency asset on its platform – Binance’s USD-backed stablecoin (BUSD).This becomes possible with the assistance of the integrated payment gateway...

After the viral TikTok video DOGE is on the rise. Currently, it is the 26th largest cryptocurrency by market cap. Dogecoin price has increased by nearly 15% within 24 hours.After attracting many people in the past week, Dogecoin (DOGE) is still rousing the crypto sector. The recent growth in the Dogecoin price is a result of a viral TikTok video, posted by a James Galante. The trending video has gained over 6,000 likes in less than 24 hours and is approaching 6,000 comments. In the video,...

Foto: Facebook Zürich Was früher die Wallstreet und dann die IT-Branche war, ist heute die Bitcoin-Branche. Es ist „The Place to be“. Top Manager wechseln zu Bitcoin-Unternehmen: Paul Grewal wechselt aktuell zu der Kryptobörse Coinbase. Der ehemalige Bezirksrichter in Kalifornien sowie stellvertretender Facebook-Justiziar nimmt einen Platz in der Rechtsabteilung der...

The leading US-based cryptocurrency exchange and one of the biggest companies in the industry, Coinbase, reportedly prepares for an official stock market listing.Coinbase Prepares for Stock Market ListingAccording to a report filed by Reuters minutes ago, the leading US-based cryptocurrency exchange, Coinbase, has started making preparations for a stock market listing.Should the procedure be a success, Coinbase will become the very first major US cryptocurrency exchange to go public and it...

Gilead Sciences (GILD) stock is slightly down despite the progress that the company made in testing of its remdesivir drug that can be used as the coronavirus treatment.Shares of Gilead Sciences Inc (NASDAQ: GILD) slightly dropped yesterday despite the company announcing advancement in its race for a COVID-19 treatment. GILD shares closed the market on July 8, 2020, at $75.61 after shedding 1.06% per share. Gilead announced on Wednesday that it started Phase 1a of a clinical study to test an...

Following the latest impressive pump in the price of Dogecoin, largely attributed to the influx of TikTok-inspired traders, two major exchanges have added perpetual futures contracts for the coin. This allows users to essentially short DOGE with very high leverage.Dogecoin Receives The SpotlightAs CryptoPotato reported yesterday, Dogecoin surged by over 100% in less than a couple of days.The reason for this pump, however, doesn’t hide in complex technical analysis or improving fundamentals....

In the past seven trading sessions, Tesla stock has jumped by 40%. Yesterday, Tesla stock closed at $1,365.88 per share, in the pre-market today, it is 1.66% up. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is floating on a cloud: due to Tesla stock’s take-off, he has not only topped several billionaires including MacKenzie Bezos and Charles Koch on the rich list but also come closer to a big payout potentially worth $1.8 billion.Back in 2018, Elon Musk received Tesla’s performance-based...