Markets

Bitcoin has been losing about $100 a day over the past several days.Bitcoin Has Been Dropping Rather SteadilyAt the time of writing, the world’s number one cryptocurrency by market cap has seemingly fallen to just over the $9,000 mark and is trading for about $9,040. Yesterday, it was trading for about $9,140, and before that, over $9,200. The currency has been trapped in a slow-moving bear pattern that has caused it to lose a little bit with each 24-hour cycle.And yet, according to analysts...

Elon Musk, CEO of Tesla, haw expressed optimism in a leaked email that the company will post a profitable Q2 figure. The nudging has sparked an increase in TSLA stock which is above $1,000 again.Electric auto car maker Tesla Inc (NASDAQ: TSLA) has recorded yet another great trading day after the company’s stock appreciated by over $49 on Monday to close at $1,009.35. This blissful pump came as a result of the optimistic view of the company’s CEO Elon Musk, who said that the company will be...

MarketSquare is ARK’s newest product that will serve as the new homepage for the decentralized web. Let’s peek behind the curtain with this sneak preview and go into more details.Leading blockchain company ARK.io, has launched MarketSquare, a new product that is touted as the Web 3.0’s de-facto homepage. MarketSquare will act as the gateway to all things blockchain for anyone who is interested in accessing information about blockchain-related projects or who want to try out blockchain...

Boeing (NYSE: BA) stock surged by over 14% yesterday after FAA confirmed that it will conduct many flight maneuvers and emergency procedures on the ill-fated Boeing 737 MAX.On June 28, the Federal Aviation Administration (FAA) confirmed that it will conduct many flight maneuvers and emergency procedures on the ill-fated Boeing 737 MAX. These tests will enable the agency to assess whether the new changes made on these planes meet all the FAA certification standards. Boeing Co (NYSE: BA) stock...

HDR Global Trading Limited (HDR), the operator of the cryptocurrency derivatives trading platform BitMEX, announced today that financial expert Dr. David Wong has joined the company as a non-executive chairman.Joining HDR will see Dr. Wong working alongside three other board members, including co-founder and CEO Arthur Hayes, co-founder Ben Delo, and co-founder and CTO Samuel Reed.30 Years Of Financial ExperiencePer the release shared with CryptoPotato, Wong is a recognized industry leader...

Tron price is trading above the $0.0152 and $0.0155 support levels against the US Dollar.TRX price is currently facing hurdles near the $0.0165 and $0.0168 levels.There is a major bearish trend line forming with resistance near $0.0163 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0165 and $0.0168 resistance levels.TRON price is showing a few positive signs above $0.0158 against the US Dollar, similar to bitcoin. However, TRX price...

Ethereum price is currently recovering from the $215 support zone against the US Dollar.ETH price is now facing a couple of important hurdles near the $230 level.There is a major bearish trend line forming with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $230 resistance or decline again below $220.Ethereum price is trading near a key juncture at $230 against the US Dollar. ETH/USD must break the $230 barrier to continue higher in...

New acting comptroller of the Office of the Comptroller of the Currency (OCC) Brian Brooks announced that this coming fall season, banks can expect to see what the OCC is calling the new Payments Charter 1.0, which could potentially provide service in the interest of both fintech and cryptocurrencies.A Payments Charter Is What’s Needed to Help Banks and Crypto AlikeAs it stands, the way the U.S. government works is that banks are required to earn money-transmitting certificates dependent on...

Ethereum is currently trading at around the same level of $225 without serious changes.The second-largest cryptocurrency by market capitalization, Ethereum, in recent times has been struggling to reach $228 facing key resistance at that level. Meanwhile, the number of active Ethereum wallets hit a new record.Trading at $227 as at press time after a 1.29 percent surge in an hour, the crypto has been well above $220 and $222 resistance level. ETH met a strong decline below $225 level finding...

Gilead Sciences (GILD) stock is slightly down after the company set the Remdesivir price for developed countries at $390 per dose. Privately insured patients will be charged $520 per dose.After rising over 3% in the pre-market, Gilead Sciences Inc (NASDAQ: GILD) stock continued to rise after the market opened on June 29. At the beginning of the trading session, the shares were 2.17% higher to trade around $76.33 with possibilities of continuing in the same trend in the near future. However,...