Markets

Gold has crossed the $1,700 mark for the first time since 2012 as traders and investors seek wealth security in these times of economic uncertainty — headlined by the COVID-19 outbreak. The recent gains in the gold market coincide with pressures on Bitcoin, which has dropped from nearly $7,500 to about $6,800 within seven days.As of writing these lines, gold’s daily high lies at $1,722 following a 16% increase since the monthly low of March 16, 2020, at $1,450.Gold, since 1971....

Tesla Model 3 cabin camera use has finally been confirmed by Elon Musk. It brings further functionality to Model 3 which is one of the most successful electric vehicle models ever. Meanwhile, TSLA stock is up in the pre-market.After gaining 4.40% on Thursday (the last trading day that week), Tesla Inc (NASDAQ: TSLA) stock price reached $573. Today in the pre-market, TSLA is 3.49% up. Tesla (TSLA ) stock price now is $593. Meanwhile, Tesla Model 3 cabin camera has been a mystery for a bit. The...

Apple shares started this year at a $300 mark and went up. In February, Apple (AAPL) stock saw an all-time high closing price of $327.20. But in March, sales of iPhones dropped as much as 56%, reaching the lowest mark of $224.37 on March 23. As Apple Inc (NASDAQ: AAPL) is preparing to introduce its new iPhone SE and 6.7-inch iPhone 12 Pro Max, there are numerous rumors about the specs of the devices and the launch date. As a result of those speculations, Apple stock is unstable, going both...

[PRESS RELEASE – Please read the disclaimer below]Bityard, the world’s leading digital contract trading platform, has officially launched. According to sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions. At Bityard, our ambition is to foster research and development of relevant forward-looking technology, overseas market expansion, and ecological construction of...

Binance, the world’s leading cryptocurrency exchange, launched Bitcoin options on its Binance Futures trading platform. At the time of this writing, the feature is only available on the platform’s mobile versions available for both Android and iOS.Bitcoin Options On Binance FuturesBinance Futures is where the users of the platform can place highly-leveraged cryptocurrency trades. Now, the team has also added Bitcoin options, allowing its users to access additional tools to better manage their...

Stellar lumen price is currently correcting lower from the $0.0520 resistance area against the US Dollar.XLM price is now trading near a crucial support area at $0.0460 and $0.0450.There is a major bullish trend line forming with support near $0.0460 on the 4-hours chart (data feed via Kraken).The pair could either start a fresh increase or it might dive further below $0.0450.Stellar lumen price is approaching a significant breakdown zone against the US Dollar and bitcoin. XLM price could...

Ripple price is currently declining and trading below the $0.1900 support area against the US dollar.The price is currently testing the key $0.1805 and $0.1800 support levels.There is a major declining channel forming with resistance near $0.1930 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate its decline if there is a clear break below the $0.1800 support.Ripple price is slowly gaining bearish momentum below $0.1900 against the US Dollar. XRP...

Blockchain analysis company Chainalysis is expanding its horizons and building a string of partnerships to ensure cryptocurrency exchanges continue to integrate know your customer [KYC] protocols and do what they must to ensure data remains safe.Chainalysis Is Getting a Major BoostAmong the tactics Chainalysis is utilizing to ensure companies remain in compliance include simpler integrations and by working with distribution partners across newer and broader markets. The company is also...

China has always been in the spotlight when it comes to cryptocurrencies, despite the country’s controversial legislation on the matter.Last year, President Xi Jinping urged for further investments in blockchain-based technology, causing Bitcoin to mark an increase upwards of 40% in less than 24 hours. Now, however, regulations seem to be tightening up, and this will cause some changes in the cryptocurrency landscape, according to Changpeng Zhao, CEO at Binance.Cryptocurrency Operators To...

According to Ross Ulbricht, best-known for creating and operating the darknet market website Silk Road, Bitcoin’s price is headed downward. Using the Elliot Wave Theory for his analysis, Ulbricht believes that there might be more pain ahead, taking the price significantly lower.More Pain For BitcoinIn a detailed blog post, Ross Ulbricht, the founder of the infamous Silk Road dark market, pointed out that Bitcoin’s price may be headed lower.According to the popular Elliot Wave Theory, the...