Markets

In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.During this uncertain time, many companies in the crypto industry are continuing to develop their technology further and implement more innovative features for their users. This crypto digest will guide you through the major stories of March 2020.Shimmer on RustAlso, this month crypto exchange Bitfinex announced the deployment of its proprietary market...

More and more financial experts are standing behind gold’s role in an upcoming economic turmoil. The merits and safe-haven status of the precious metal are aligning popular beliefs that it will outperform most (if not all) financial assets in the next few years.Gold To Stand Above AllWhether or not the COVID-19 is the only reason why most financial markets are tumbling is still disputable. However, the fact is that equities, oil, and yes, the cryptocurrency market, plunged hard in the past...

At the time of writing, the privacy-focused cryptocurrency Monero is allegedly outperforming bitcoin, the world’s number one cryptocurrency by market cap.Monero Is Up, Up and Away!Monero is only the world’s 12th largest digital asset, though it is easily today’s biggest gainer, having surged by more than seven percent in just the last 24 hours alone. It is currently trading for just shy of $54, according to Messari.io.Monero is a very controversial coin in that it offers people far more...

Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.Binance, Block.one, BitMEX, TRON Foundation, BiBox and others received an astral hit. Well, not quite astral, but rather juridical. Because the regulators are mad when someone is doing things wrong.All the lawsuits are filed to the Southern District of New York. Per the...

Bitcoin has been dropping on a relatively consistent basis over the past month, and yet 2020 is still the year for mega predictions.Will Bitcoin Reach Its All-Time High in a Few Months?The co-founder of Morgan Creek – Jason Williams – is claiming that bitcoin will once again reach its all-time high of $20,000 this coming September. Normally, news like this wouldn’t strike people much, but considering the circumstances the crypto space and markets in general are now facing, this is a very bold...

Tesla has begun to retrench its contract workers in the U.S. But not all news from Tesla can be viewed as negative. TSLA stock is in the green while stocks of many other companies are down.Even as Tesla Inc (NASDAQ: TSLA) stock continues to soar, the electric car manufacturer has begun retrenching contractors at its U.S. car and battery plants. Reportedly, the firm is cutting down the number of contractors from its workforce in its factory across many states alongside where they make battery...

Place/Date: - April 4th, 2020 at 10:08 am UTC · 3 min read Source: AK Antimatter Kingdom If give you a chance to buy ETH at 0.1U, can you catch it?If give you another chance to buy BTC at 1U, can you catch it again?“I can”“No, you can’t, just like the AK in front of you”All opportunities are born in turbidity, and gone in clarity.When scientific and financial scholars from various countries around the world lamented the advanced technology and system of CXC, CXC has already marched towards...

The most popular U.S.-based cryptocurrency exchange, Coinbase, saw an increase of deposits and buy orders during the panic sell in mid-March. While customers were purchasing various digital assets, Bitcoin was the clear leader with the most buyers during the drop.Coinbase Reviews The March Panic Sell12-13th of March marked one of the most violent price plunges in cryptocurrency history. Bitcoin, and most alternative coins, decreased with as much as 50% at one point. This came after the WHO...

Binance – arguably the largest and most popular crypto trading platform in the world in terms of market volume – has purchased the crypto data firm CoinMarketCap.com for approximately $400 million.Binance Has Engaged in a Big BuyWhile the deal is not fully set in stone, an announcement is expected to be made by the end of this week or no later than early next week. Binance CEO Changpeng Zhao teased the merger earlier in the year, explaining to users via newsletter:As the saying goes, when you...

Bitcoin had a relatively good week of trading as it recorded its highest price since the coronavirus crisis began in March. Yesterday, BTC peaked at above $7,200, marking an impressive daily run that sent the entire cryptocurrency market well in the green. The majority of altcoins were also charting double-digit increases.Since then, Bitcoin’s price retraced to where it currently sits at about $6,750. The important level to look for right now appears to be $7,000, and if the bulls manage to...