Markets

The real buzz in the cryptocurrency industry right now is about the long-awaited Bitcoin third halving, which is only a few hours away. Expectedly, results in Google Trend show an increasing interest in the topic.Bitcoin 2020 Halving In HoursEveryone, including critics, is alert as the Bitcoin miners move closer to block 630,000, where the mining reward is scheduled to half from 12.5 BTC to 6.25 BTC. At the time of this writing, the current block is 629967, meaning there are less than 35...

Since the launch of bitcoin (BTC) in 2009, one of the biggest concerns in the cryptocurrency ecosystem has been price volatility. Despite the launch of hundreds of crypto coins after Bitcoin, these didn’t bring stability to the cryptocurrency market. That was until the launch of Tether USDT, a stablecoin, in 2014.Unlike traditional cryptocurrencies based on supply and demand on a decentralized network, stablecoins such as Tether USDT are backed by fiat currency, including the EUR, USD, GBP,...

Shares of AMC Entertainment rocketed 47% in active pre-market trading today, as it was reported that Amazon is interested in acquiring the struggling movie theater chain.In a bid created to give its growing agenda of small-screen content American multinational conglomerate technology company Amazon.com Inc (NASDAQ: AMZN) allegedly has negotiated about the possibility of taking over financially troubled AMC Entertainment Holdings Inc (NYSE: AMC).AMC stocks were up more than 40% in at 10:04 am...

Under Armour reported a first-quarter loss of $589.7 million. On a per-share basis, the Baltimore-based company said it had a loss of $1.30. Today in the pre-market, UAA stock is at around $9, it means it has lost 10%.United States company that produces footwear, sports, and casual apparel, Under Armour Inc (NYSE: UAA) said it had a decline in sales of 23% during its Q1 of 2020. The main reason is that all of its business sectors took a huge hit from the COVID-19 outbreak and its stores had...

With less than 10 hours until the Bitcoin halving, price of BTC dropped by nearly 20%. Selling pressure seems to come from whales, as open interest surged on BitMEX before the big fall. Whales are seemingly taking advantage of retail investors around the halving narrative. In less than 10 hours, the highly anticipated Bitcoin halving will be activated. But, whales seem to be taking the opportunity to dump on the market. Since Friday, bitcoin price dropped by more than...

The insurance fund of Binance which protects its users from auto-deleverage liquidations on the Binance Futures platform used more than $13 million following the most recent crash in Bitcoin’s price. The exchange has stated that it intends to add $30 million more to the fund in order to keep protecting its traders.$13 Million To Protect Users In Recent Bitcoin Price CrashBinance Futures continues to establish itself as a leading platform for Bitcoin and cryptocurrency derivatives trading.Its...

Stellar lumen price failed to gain momentum above $0.0750 and declined sharply against the US Dollar.XLM price tested the $0.0600 support zone and it is currently consolidating losses.There was a break below a crucial bullish trend line with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could correct above $0.0650, but the bears are likely to protect $0.0700 and $0.0710.Stellar lumen price is currently trading above key supports against the US Dollar, similar to...

Ripple price started a major decline from well above the $0.2300 level against the US dollar.The price is now trading in a bearish zone below the $0.2000 pivot level.There was a break below a crucial bullish trend line with support near $0.2165 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could correct a few points, but the bears are likely to protect $0.2085 or $0.2110.Ripple price is currently recovering from the $0.1880 swing low against the US Dollar. XRP...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 878. Heute sprechen wir über folgende Themen: CME könnte bald Ethereum Futures veröffentlichen, Coinbase Ausfall während Bitcoin Crash & 1 Million aktive Bitcoin Wallets. 1.) CME könnte bald Ethereum Futures veröffentlichenhttps://coincierge.de/2020/cme-koennte-bald-ethereum-futures-veroeffentlichen/ 2.) Coinbase Kunden verärgert: Ausfall während des Bitcoin...

Ripple turned bearish after losing 17% to reach a key demand level at $0.175There’s no bullish sign for XRP at the moment as bears show more interestAgainst Bitcoin, Ripple dropped to a new monthly low at 2130 SAT levelXRP/USD: Ripple Drops To $0.175Key Resistance Levels: $0.20, $0.222, $0.235Key Support Levels: $0.175, $0.163. $0.146XRP/USD. Source: TradingViewRipple saw a daily 17% drop to $0.175, following a sudden collapse in the entire cryptocurrency market. In anticipation of the...