Major cryptocurrency firms continue to pave the way for institutional involvement in the space. The US-based digital asset exchange, Coinbase, just announced the acquisition of the leading institutional crypto brokerage Tagomi.Coinbase Acquires TagomiSan Francisco-based cryptocurrency exchange Tagomi announced today the acquisition of the leading institutional cryptocurrency brokerage Tagomi. The move is aimed to bolster the company’s propositions for advanced traders and “the most...
Read More »Cardano (ADA) Price Analysis: More Gains Possible Above $0.058
ADA price is trading in a positive zone above the $0.0500 pivot level against the US Dollar.The price is likely to continue higher towards the $0.0580 and $0.0600 resistance levels.There is a key contracting triangle forming with resistance near $0.0550 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips above the $0.0500 and $0.0480 support levels.Cardano price is trading with a bullish angle against the US Dollar and bitcoin. ADA price could surge if it...
Read More »#891 Calibra jetzt Novi, Binance Mitarbeiter Gehalt in BNB & Argentinien Überwachung Bitcoin Trading
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 891. Heute sprechen wir über folgende Themen: Calibra nennt sich nun Novi, Binance Mitarbeiter Gehalt in BNB statt Fiat & Argentinien will strengere Überwachung von Bitcoin Trading. 1.) Calibra Rebrands as Novi to Avoid Confusion With Librahttps://cointelegraph.com/news/calibra-rebrands-as-novi-to-avoid-confusion-with-libra 2.) Viele Angestellte bei Binance entscheiden sich dafür, sich eher mit Krypto als mit...
Read More »Bitcoin Price Analysis: BTC Eyeing Downside Thrust Before Reversal
Bitcoin price is declining and trading below the $9,000 level against the US Dollar.It is currently showing bearish signs and it could slide further towards the $8,410 support.There is a major contracting triangle forming with resistance near $8,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could dive towards the $8,400 and $8,300 levels before it starts a decent increase.Bitcoin price is currently trading in a bearish zone below $9,000 against the US Dollar....
Read More »Robo Forex and Other Exchanges Look to Make Trading Easier
International financial broker Robo Forex has added more crypto trading pairs to its platform. In addition, the company has also worked to improve trading pairs for customers with higher-end accounts.Robo Forex: It’s Now Easier to TradeUp until the time of writing, customers of Robo Forex could only trade and sell digital currencies that were paired with fiat. Some of these pairs included BTC/USD, ETH/USD, and LTC/USD. However, those with pro-standard and ECN accounts will have the ability to...
Read More »Global Markets Surge: S&P 500 Breaks above 3,000, Dow Jones Tops 25,000
For the first time since March, the S&P 500 has reached 3,000. Dow Jones has already gained around 600 points today. On the back of rising indices, stocks of biotech companies are going up.As investors’ optimism about the economy’s reopening after the coronavirus crisis is growing, stocks and market indices are going up. Global markets surge today, with S&P 500, Nasdaq Composite and Dow Jones Industrial Average breaking new highs.Dow Jones 600 Points Up, S&P 500 Breaks 3,000 amid...
Read More »The V-Shaped Recovery: S&P 500 Surpasses 3000 As The COVID19 Effects Almost Gone
Legacy markets have almost entirely recovered from their sharp downturn in the middle of March. It appears that the adverse effects of the novel coronavirus COVID-19 are well behind. Despite the doom-and-gloom predictions of many economists, major indices are going up steadily.The S&P 500 Down Just 10% From Its February LevelsThe S&P 500 is currently trading at above 3,000 basis points, charting an increase of about 2% on the day. More interestingly, it’s down only about 11% from its...
Read More »TSLA Stock Rises 2% in Pre-Market as Tesla May Face Lower Luxury Auto Demand
Tesla (TSLA) stock is up 1.9% in the pre-market. Meanwhile, it is expected that Tesla may face serious issues related to lower demand as high-income people opt to work remotely today.Tesla Inc (NASDAQ: TSLA) stock rose 2.2% to 816.88 last week. Today in the pre-market, it added 1.90% to trade at $ 832.40. TSLA stock, which has been very volatile in 2020, has been trading very tightly in the past few weeks. Another positive sign is that the RS line for Tesla stock is right at record highs....
Read More »NVAX Stock Up Nearly 16% in Pre-market as Novavax Starts Coronavirus Vaccine Trials
Novavax Inc (NASDAQ: NVAX) stock price fell by 7.91% in the last trading session on Friday but jumped by 16% today in teh pre-market. This occurred amid the news that vaccine trials were starting. The phase-1 clinical trials are to be held in Australia. Results will be released in two months’ time (July).Today in the pre-market Novavax (NVAX) stock was at $53.48 (+15.98%).The trial candidate NVX-CoV 2373 had been identified last month. Novavax plans to use its Matrix-M Adjuvant to improve...
Read More »Indian Cryptocurrency Exchange Secures $2.5M Funding As RBI Confirms Crypto Traders Can Open Bank Accounts
One of India’s leading cryptocurrency exchanges, CoinDCX, has secured $2.5 million as part of a move, aiming to give a thrust to further cryptocurrency adoption in the country. The investment is led by Polychain Capital and supported by Coinbase Ventures as well.A Bold Effort To Increase Crypto Users In India To 50 MillionThere’s the idea that the financing of the project might be useful in supporting and boosting CoinDCX’s events, community engagements, crypto educational programs, and...
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