Markets

The price continued to increase after gaining momentum from the weekly support.Currently, the bulls are in control of the market across trading pairs.Tezos surged 11% to reach $2.66 today following a recent break above monthly high.XTZ/USD: Tezos Stays Bullish Above Weekly HighKey Resistance Levels: $3, $3.3Key Support Levels: $2.38, $2.07XTZ/USD. Source: TradingViewTezos’s price has continued to increase since the market fell to around $1 in March. So far, the recovery is estimated to about...

Binance, the world’s leading cryptocurrency exchange, is going through a scheduled system upgrade tomorrow. As it’s the largest exchange in the market, this might open a window for external players to move the prices more easily.Binance To Undergo Scheduled MaintenanceBinance is the world’s leading cryptocurrency exchange, and it is scheduled to undergo a systemwide update tomorrow, April 25th. The upgrade should take about 4 hours, and during this time, Binance will halt deposits,...

Intel (INTC) stock price has dropped around 5% as Apple announced that it is going to make its own chips for Macs in 2021.Intel Corporation (NASDAQ: INTC) stock price has fallen. The stock prices of the chipmaker fell by about 1.76% to $59.04 at the closing of the last trading session. During the trading session, shares hit lows of as high as 6%. At the time of writing, in the pre-market, Intel (INTC) stock price was $56.16 (-4.88%).Intel also released its earnings report yesterday. The...

Apple plans to release its Mac with its in-house Apple chips which will replace the current Intel processors. Apple is likely to feature its flagship products with 12-core SOCs. AAPL stock is up in the pre-market.Undeterred by the current market conditions, Apple Inc (NASDAQ: AAPL) is all set to make some big moves in 2021. As per a Bloomberg report, Apple plans to sell its Mac computers featuring chips built in-house. As per the person familiar with the matter, Apple will rely on designs...

Popular cryptocurrency exchange and derivatives trading platform, BitMEX, announced today that it is launching an ETHUSD Quanto futures contract on May 5, 2020. The new product will be the first of its kind in the market. The ETHUSD futures are Quanto contracts, similar to the ETHUSD perpetual swap.BitMEX ETHUSD Quanto FuturesAccording to the exchange, the ETHUSD Quanto futures come with a fixed Bitcoin multiplier regardless of the price of Ether (ETH) in USD. This gives traders the...

Bitcoin cash price is gaining bullish momentum above the $232 resistance against the US Dollar.The price is likely to accelerate higher towards the $258 and $260 resistance levels.There was a break above a crucial bearish trend line with resistance near $234 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct a few points, but dips remain well supported near $232 and $230.Bitcoin cash price is trading in a nice uptrend above $230 against the US Dollar....

Zoom Video Communications (ZM) stock jumped over 11% today. This comes as the company recorded 300 million daily users, up 50% from the beginning of April even as the company battles a privacy backlash and faces competition from Google Meet.Zoom Video Communications (NASDAQ: ZM) stock recorded a sharp breakout of over 11% to trade above $167 during the trading session on April 23. It was a surprise breakout as most expected the company to drop both in valuation and users due to the security...

Investor Peter Schiff has never been a huge bitcoin fan, but even he’s predicting that the currency won’t go down in flames.Peter Schiff Makes Bold BTC StatementThe world’s number one digital asset by market cap has been having a rough time as of late. Serious drops started to throw themselves at the currency when the COVID-19 pandemic began growing in early March. Prior to that, bitcoin was trading for well over $10,000 but a sudden fall into the high $8,000 range occurred soon after.A few...

Bitcoin made a serious move in the past few hours as its price soared up to above $7,720 in just a few minutes. Legacy markets followed as the S&P500, the Dow, as well as gold and oil are all trading in the green.Bitcoin Price Surges to $7,700In a few quick hours, Bitcoin’s price marked a massive increase, surging up above $7,700 from about $7,060. The price has since retraced a bit as it’s currently trading around $7500, which is still about 5% on the day.BTC/USD. Source: BinanceAs it...

Michael Novogratz said that the upcoming Bitcoin halving event is set to push the BTC price higher especially with the traditional markets are falling due to the COVID-19 spread.Money does not grow on trees. But, it seems like it has started doing just that as governments around the world initiate massive fiscal stimulus packages. All these occurrences coupled with the forthcoming Bitcoin halving present a strong case for BTC. These developments seem to be exciting crypto proponents. One of...