Markets

The past couple of months have been nothing but a wild ride for Bitcoin. In the middle of March, when the coronavirus started to spread in the Western World, and markets reacted swiftly, BTC lost more than 40% and tumbled to $3,600. Now, less than two months later, the price is not only fully recovered but also touched $10,000 for the first time since February.A lot of experts thought that the recovery from the March lows would be prolonged and slow, but the fact of the matter is that Bitcoin...

With approximately three days before the 2020 Bitcoin halving, BTC price is hovering around $10k with the bulls easily flexing their muscles against the bears.With approximately 79-hours for the function ‘GetBlockSubsidy’ on the Bitcoin blockchain code to execute the halving to 6.25 coin reward, the BTC price has reached the $10,000 level but has gone down a little bit. Only 3 days are left before the long-awaited Bitcoin halving 2020.It’s Friday, and the fun is expected to continue over the...

It has become known that the supply of Moderna’s coronavirus vaccine will be limited and the U.S. government will help to choose who will be the first to get it. Meanwhile, today Moderna (MRNA) stock is around 10% up.As we have already written, biotech company Moderna Inc (NASDAQ: MRNA) has come one step closer to finding a COVID-19 vaccine. As Moderna has said, the Food and Drug Administration (FDA) approved its mRNA-1273 vaccine for phase 2 human trial. According to the company, this step...

Bitcoin price is moving up as the halving is just 3 days away. But will Ethereum follow the trend and rise along with Bitcoin?Bitcoin’s third halving is only four days away. Unsurprisingly, the price of Bitcoin has been climbing and is expected to explode after the event. Usually, Bitcoin carries the rest of the crypto market on its shoulder and pulls other assets up as it rises. Ethereum seems to be following Bitcoin’s trajectory and is also on the rise. As a result, many are currently...

BitcoinBitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level.Looking ahead, if the buyers break above $10,000, resistance is located at $10,226 (1.618 Fib Extension) and $10,430 (2020 high). Above this, resistance is located at $10,810,...

[PRESS RELEASE]Stake.com has proudly announced that they are now the official partner and sponsor of the TT Cup – the most competitive and highest quality Table Tennis tournament currently being held during these times of global uncertainty.Stake is one of the biggest crypto casinos and sportsbooks in the Bitcoin space. Their recent venture into the sports betting market is taking the industry by storm.This also leads the charge of crypto companies heading into the sports sponsorship market,...

Large cryptocurrency-related financial service company, Bitcoin Suisse, is looking to raise over $50 million from investors. The institution plans to expand its services in Switzerland and Liechtenstein by receiving dual bank licenses.Bitcoin Suisse To Raise More FundsFounded in 2013, Bitcoin Suisse AG has become a prominent market player in terms of brokerage, custody, lending, staking, and other cryptocurrency-related services. Currently valued at over $275m, the entity announced earlier...

The majority of Bitcoin holdings are currently in a profitable position following the recent rally of the largest cryptocurrency by market capitalization, data from on-chain data provider Glassnode shows. The UTXO Realized Price Distribution (URPD) metric from the data firm puts the proportion of the moneymaking Bitcoin at 81%.What Is UTXO Realized Price Distribution and Why Does It Matter?UXTO is short for unspent transaction output. It can be simply related to the change you receive when...

Bitcoin cash price started a downside correction after testing the $275 resistance against the US Dollar.The price declined below the $260 support, but it stayed above the $235-$240 support zone.There is a major bullish trend line forming with support near $244 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $235 support.Bitcoin cash price is trading in a positive zone above the $240 level against the...

Bitcoin’s price peaked at $9,972.03, its highest in two-and-a-half months. Billionaire hedge fund manager Pual Tudor Jones says he bought BTC futures to hedge against inflation. Bitcoin’s quadrennial halving event is likely to fall on May 12. The price of bitcoin edged closer to the psychological $10,000 level on Thursday, as investors geared up for the quadrennial halving in roughly five days. Meanwhile, one of the world’s most famous investors just threw his weight behind BTC as a hedge...