Markets

The good news has arrived, folks. Bitcoin – the number one cryptocurrency by market cap – has broken $7,700 in what looks like a continuation of its recent bullish behavior.Bitcoin Has Shot Up By $200The good news is that the currency is consistently rising and experiencing what appear to be daily spikes. Bitcoin has jumped from $7,500 to about $200 higher since late last week. Everything has been pumping as of late, with assets like Ethereum breaking $190 for the first time in months and...

Börse Stuttgart eröffnet Token-Handelsplatz BSDEX Die Börse Stuttgart Digital Exchange (BSDEX) ermöglicht als Deutschlands erster regulierter Handelsplatz für digitale Vermögenswerte den Handel von Bitcoin gegen Euro. Neben Market- und Limit-Orders können Anleger an der BSDEX ab sofort auch Stop-Orders einstellen: Erreicht der Bitcoin-Preis die definierte Stop-Marke, so wird...

Alphabet (GOOG) stock price is rising today after the company has published its earnings report for the first quarter of this year. The results are better than it was expected.Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) stock prices have gone up in the pre-market today and are rising now. This is because of its Q1 earnings report. Sources say that the stock prices of the technology giant went up as high as 6% at the news. Now GOOG is over 8% up.Alphabet Q1 Earnings ReportAlphabet subsidiaries...

The levels of confidence in European countries in cryptocurrencies are on the rise amid the global impact caused by the COVID-19 pandemic. A recent poll on the matter concluded that 66% of Europeans believe digital assets will still exist and have a role in the next ten years.Europeans Believe In CryptocurrenciesThe poll conducted by the popular cryptocurrency exchange, bitFlyer, surveyed 10,000 people from 10 European countries on their opinion and views on the future of digital...

Standard Chartered is currently bullish about its chances for earnings, regardless of the coronavirus pandemic. STAN stock is 5% up now.As more reports come in from several companies around the world, the general outlook is reasonably damp. This is because the coronavirus pandemic has wreaked considerable havoc on the world’s financial markets, with these financial institutions suffering unprecedented losses. British multinational financial services company Standard Chartered Bank (LON: STAN)...

The tech-heavy stock exchange, Nasdaq, has become the latest traditional stock market to adopt blockchain technology in managing digital assets.Nasdaq Partners R3According to a Wednesday report, Nasdaq, through a partnership with R3, will use the Corda ecosystem to create marketplaces for the issuance, trading, settlement, and management of digital assets.R3 is an enterprise blockchain technology company. The firm delivers Corda, a next-generation platform powered by industry-leading...

Several months after signing the initial partnership agreement, Ripple and Siam Commercial Bank (SCB) officially launched an application called SCB EASY for cross-border payments. Thailand’s oldest bank demonstrated the app’s efficiency by completing a transaction in less than a minute.SCB EASY Is HereThe partnership between the two entities became official at the start of the year, as CryptoPotato reported. At the time, SCB said that it will create a mobile application running on Ripple,...

ADA price is gaining bullish momentum and it broke the $0.0435 resistance against the US Dollar.It is now approaching a major resistance zone near the $0.0500 level.There is a key bullish trend line forming with support near $0.0470 on the 4-hours chart (data feed via Kraken).The price could continue to rise if it clears the $0.0490 and $0.0500 resistance levels.Cardano price is currently trading in a nice uptrend against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0500...

Bitcoin price started a fresh increase and traded above the $7,655 resistance against the US Dollar.It is currently preparing for a sharp rally above the $8,000 resistance area.There was a break above a key ascending channel with resistance near $7,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct in the short term, but it is likely to find support near $7,655.Bitcoin price is gaining bullish momentum above $7,655 and $7,700 against the US Dollar....

An improved Stock-to-Flow model for Bitcoin is predicting a very bullish future for the king coin within a few years. BTC is expected to reach $288K by 2024.Over the years, several analysts have come up with different ways of predicting the Bitcoin price trajectory. Most of these models have been quite bullish, and keep investors interested in the market, hoping that the price will spike. The Bitcoin Stock-to-Flow (S2F) model created by popular analyst PlanB, is the most popular. In a new...