Markets

Bitcoin has come a long way since it was first introduced to the world when its pseudonymous creator Satoshi Nakamoto published the whitepaper. In its first days of trading in 2010, BTC had a price of around $0.003.To those who have been in the market long enough, this price seems like that of many altcoins with an ambiguous background. However, at the time of this writing, Bitcoin trades at around $9,300, charting an unprecedented increase in the past decade.Bitcoin Was $0.003 10 Years...

EOS price started a major downside correction from the $3.121 high against the US Dollar.The price traded below the $3.000 and $2.800 support levels.There was a break below a major bullish trend line with support near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is currently holding a crucial support at $2.600, which holds the key in the near term.EOS price is consolidating above a few important supports against the US Dollar, while bitcoin is rising. The...

Litecoin price started a downside correction from the $50.00 resistance against the US Dollar.LTC price declined below the $48.00 support and it is currently consolidating near $45.00.There was a break below a major bullish trend line with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $4.50 support area before it might start a fresh increase.Litecoin price is slowly moving lower towards key supports against the US...

Cascadia Blockchain Group Corp. in Vancouver has announced that it has developed a new payment system that would allow for crypto to fiat transactions.Cascadia Empowers Crypto to Fiat PaymentsThe entire payment platform would be powered through debit cards, which would contain the fiat currency that has come from the digital coins in question. Once digital coins are transformed into fiat, they are stored on cards that the customers keep in their wallets. They can then be used for purchasing...

Tezos is starting to show strength, but the current gain is not enough to catalyze any bullish momentum.While Tezos saw a small increase for some days, the price continued to drop against Bitcoin.Tezos found weekly support at $2.6 after witnessing a small recovery.XTZ/USD: Tezos Locates Temporary Support At $2.6Key Resistance Levels: $3, $3.3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewIn anticipation of the upcoming Bitcoin halving, which is around the corner, Tezos is still...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market continues moving upwards lead by Bitcoin and Ethereum. For the major digital asset, the first upside target is at $10,500, where the price...

Bitcoin’s price has been recovering steadily since the crash in mid-March. With it, most of the altcoins are also growing, charting notable increases altogether. However, BTC is also taking over the market as its dominance has been going up continuously.Bitcoin Dominance Highest Since January 2020Bitcoin’s dominance is the index that measures the cryptocurrency’s relative share of the entire market. At the time of this writing, it stands at 66.02%, and it hasn’t been higher than this since...

Tesla (TSLA) stock price is rising, TSLA is trading at around $770. Jim Cramer said that Tesla shares are at a great entry-level.Tesla Inc (NASDAQ: TSLA) stock is in green these days and it is a good time to buy it. This is what top financial markets commentator Jim Cramer thinks. Jim indicated this in an exclusive video call with his action alerts team on popular investment analysis firm Thestreet.In the video, when asked ” what entry-level” he would consider buying into Cramer replied:...

Inovio Pharmaceuticals might see a plunge in its 2020 gains if a class action lawsuit proves the company deliberately misled the public. Yesterday, INO stock lost over 5% of its value.Inovio Pharmaceuticals Inc (NASDAQ: INO) is one of the market’s most interesting stocks, even outside of the biotech sector. While many companies have suffered terrible effects of the coronavirus pandemic, Inovio Pharmaceuticals has enjoyed an upswing, along with a few other related companies. However, amidst...

Disney (DIS) stock is falling in the pre-market after a 2.05% drop yesterday, the fall is attributed to the rather controversial earnings results in its fiscal Q2 2020.After closing yesterday trading at $101.06 with a loss of about 2%, the Walt Disney Company (NYSE: DIS) stock is down 1.40% in the pre-market to trade at $99.70. This is being attributed to the poor earnings results for its fiscal Q2 reported by the company amid the social distancing put in place to combat the spread of the...