Markets

U.S. oil prices jumped 10% to clinch above $22 per barrel on Thursday after President Donald Trump said the oil price tag war between Russia and Saudi Arabia may come to its end soon.After closing the first quarter of 2020 on the worst fall, U.S. oil prices have shown signs of recovering amid the coronavirus crisis. This is after the United States President Donald Trump said that he expects Russia and Saudi Arabia to come to a common agreement on their differences.Saudi Arabia, an OPEC...

Binance acquires CoinMarketCap ‘to make crypto more accessible worldwide’. CoinMarketCap CEO is stepping down to spend time with family. Binance CEO claims he will make sure that CMC data is following the industry standards and needs.Binance is one of the three biggest exchanges in the crypto space. CoinMarketCap (CMC) is one of the most popular crypto tracking tools on the web. They had more than 200 million visitors per last 6 months.Per the official announcement, CoinMarketCap has gone...

Mit Binance KR ist die führende Cryptobörse der Welt nun auch in den koreanischen Markt eingestiegen. Die Börse wird über ein Cloud-System abgewickelt und bietet aktuell Trades ohne Gebühren an.Crypto News: Binance in Korea mit Trades ohne Gebühren für die ersten drei MonateLeider ist die Aktion jedoch auf die ersten drei Monate begrenzt. Allerdings gilt sie für alle Cryptocoins, die vom Start weg bei Binance KR verfügbar sind: BTC, ETH, BNB und BKRW.Binance versucht damit aggressiv in einem...

Bitcoin saw a notable increase in its price throughout the past 24 hours. However, large-cap cryptocurrencies failed to gain any serious grounds against BTC as all top 20 altcoins have decreased in value over the same period. At the same time, Bitcoin’s dominance is also increasing substantially during the past four days.Altcoins Un-Season: Majors Lose Against BitcoinThe last few days have been relatively impressive in terms of price actions on the cryptocurrency market. While Bitcoin went on...

EOS price is trading in a positive zone above the $2.200 resistance against the US Dollar.The price is likely to continue higher if it clears the $2.300 resistance area.There was a break above major bearish trend line with resistance near $2.230 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are a few key hurdles on the upside, starting with $2.300 and up to $2.520.EOS price is currently gaining bullish momentum towards $2.500 against the US Dollar, similar to...

Litecoin price is slowly gaining bullish momentum above the $38.00 area against the US Dollar.LTC price is likely to accelerate higher once it clears the $41.00 resistance area.There was a break above a key contracting triangle with resistance near $39.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well bid above $38.00 and $37.20 levels in the near term.Litecoin price is currently gaining bullish momentum against the US Dollar, similar to bitcoin. LTC...

La place de marché Paymium, spécialisée depuis 2011 dans l’échange euro/bitcoin, vient d’annoncer l’instauration de commissions négatives pour les « markets makers ». Les traders plaçant des ordres à cours limité bénéficieront ainsi d’un remboursement à hauteur de 0,1 % de leur ordre pour chaque transaction réalisée. Les frais de trading (0,5%) seront supportés par les preneurs d’ordre (les...

Bitcoin has suffered its worst month since the “burst of the crypto bubble,” according to one source.Bitcoin Has Had a Hard MonthAt press time, the world’s number one cryptocurrency by market cap has fallen to about $6,450, which is about $250 less than where it stood just last Friday. During that time, bitcoin was giving enthusiasts hope as it rose in anticipation of the new $2 trillion economic stimulus package signed into law by U.S. President Donald Trump as a means of combatting negative...

Over the past two days, we saw Bitcoin losing momentum following the global markets. After reaching the $6600 resistance, Bitcoin price failed to break the symmetrical triangle as can be seen on the following 4-hour chart.From there, Bitcoin found temporary support upon the $6400 boundary, before continuing the 3-day plunge to the lower angle of the triangle. As of writing these lines, the lower ascending trend-line holds. The critical support lies around $6130 (Bitstamp), which is also the...

Verizon stock is falling today despite the upgrade announcement by Goldman Sachs. Goldman Sachs added VZ stock to its ‘Conviction Buy’ list, explaining that the stock offers investors the most attractive combination of total returns and risks.Verizon Communications Inc (NYSE: VZ) stock dropped nearly 1.5% after the market opened on Wednesday, April 1 to trade $52.94. The drop was in contrast with most expectations, as Goldman Sachs had upgraded it to its ‘Conviction Buy’ list. The group...