Apple (AAPL) stock is rising, currently trading at around $355. The next milestone projected by experts is $400.The stock of Apple Inc (NASDAQ: AAPL) remains one of the most sought after stocks in the market. The tech company’s stock has shown promising future growth trajectory since the company became the first company to attain a $1 trillion market capitalization in August 2018. Apple’s stock saw a 3.2% decline in its value during the coronavirus pandemic indicating the tech giant stock was...
Read More »Following 260% Surge In 3 Months, Crypto.com (CRO) Looks Ready For a Correction (Price Analysis & Overview)
CRO found support around $0.1, but it is still shaky to provide a strong rebound.It is now ranked 11th by market cap, following 260% growth in three months.Against Bitcoin, CRO buyers appear exhausted after five weeks of parabolic movements.CRO/USD: CRO Exhausting Bullish MomentumKey Resistance Levels: $0.1165, $0.1176, $0.1193Key Support Levels: $0.11, $0.105, $0.1CRO/USD. Source: TradingViewThe steady increase in CRO’s price has been quite impressive and significant, with about 260% gains...
Read More »Binance To Launch Regulated UK-Based Cryptocurrency Trading Platform This Summer
The leading cryptocurrency exchange, Binance, will launch a trading platform in the United Kingdom this summer, a recent report informed. It will allow both retail and institutional investors to use the platform, which will be regulated by the UK Financial Conduct Authority.Binance Goes To The UKAccording to today’s Reuters report, the popular cryptocurrency exchange will begin operations in the UK this summer with up to 65 digital assets initially and more to be added in time.The UK-based...
Read More »Cardano (ADA) Price Analysis: Bulls Facing An Uphill Task Near $0.08
ADA price started a steady decline from the $0.0900 resistance zone against the US Dollar.The price tested the $0.0700 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0800 resistance and the 55 simple moving average (4-hours) for a fresh increase.Cardano price is facing a couple of key hurdles against the US Dollar and bitcoin. ADA price might...
Read More »Bitcoin Price Analysis: BTC Could Resume Uptrend If It Clears $9,600
Bitcoin price declined sharply below the $9,330 and $9,060 support levels against the US Dollar.It traded as low as $8,897 and it is currently correcting higher above $9,330.There is a major bearish trend line forming with resistance near $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $9,600 resistance or start a fresh decline below $9,330.Bitcoin price is currently recovering higher above $9,330 and $9,450 against the US...
Read More »Loopring Lists pBTC: A Quicker Cross-Chain Bridge From Bitcoin to Ethereum
The non-custodial, decentralized exchange, Loopring, has listed pBTC – a token that acts as a fully-backed Bitcoin equivalent on the Ethereum blockchain.The addition of pBTC to Loopring – the fastest decentralized exchange (DEX) based on Ethereum – gives Bitcoin users a quick on-ramp to Ethereum’s decentralized finance (DeFi) ecosystem.Loopring Lists pBTCProvable Things – the developers of pBTC – announced the listing of pBTC against stablecoin Tether (USDT) on June 16. According to...
Read More »Grayscale Says Investors Buy Bitcoin as an Inflation Hedge Amid Massive Money Printing
Grayscale Investments asserted that amid the current economic uncertainty prompted by the latest governments’ actions to print lots of money, institutional investors turn to Bitcoin and other cryptocurrencies looking for a potential hedge against inflation.BTC And Crypto To Serve As HedgeOne of the world’s leading digital asset management companies recently posted on Twitter their views regarding the current financial situation and the role of cryptocurrencies in it:“As we’ve closely...
Read More »Bitcoin Loses $400 from Its Price
Darn it, bitcoin! Way to let people down again! Right as you were doing so well, you decide to lose approximately $400 from your price.Bitcoin Has Shed a Huge ChunkThis morning, the currency is trading for just over $9,000, meaning it has lost about $440 since the weekend. The asset has had a bit of a shaky week no doubt, losing a couple hundred here and there and hovering between the mid to high $9,000 range, but now it appears that the world’s number one digital asset by market cap is...
Read More »Bitcoin Price Managed to Jump above $9,500 Today as Analysts Think for Higher Target
After the Fed announced some new recovery measures on Monday, Bitcoin price responded positively in cue with the stock markets.In a major recovery, Bitcoin price has surged 4% today trading above $9500. This recovery comes after BTC trading in a close range of $8900-$9000 over the last weekend. At the time of writing, however, Bitcoin is trading at $9,468 but analysts have announced a higher target for it.Experts say that the Bitcoin price recovery follows the broader market recovery on Wall...
Read More »Cheapest 5G Phone from Samsung to Launch on Friday
This week South Korean electronics giant Samsung is going to launch Galaxy A71 5G which is stated to be the cheapest 5G phone in the U.S. market. The model is described as an “innovation in everyday essentials”.The Galaxy A71 5G will be launched in the U.S. this Friday. According to a Monday release from Samsung Electronics Co Ltd (KRX: 005930), the phone will be the cheapest 5G phone in the U.S. market being priced at $599.99.The Galaxy A71 is Samsung’s A-series phone that is lower priced...
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