Markets

Dow Futures are showing a sharp recovery after Monday’s bloodbath as U.S. President Donald Trump assures supporting industries amid this ongoing COVID-19 outbreak that has disrupted the global economy.On Monday, Dow Jones suffered its worst day after the “Black Friday” market crash of 1987 as fears of coronavirus continue to mount further. The Dow Jones crashed 12.9% i.e. nearly 3000 points closing at 20,188 levels. Just at the Monday opening, Dow Jones triggered a circuit breaker halting...

European markets rallied, but then lost some of their gains, while markets in the Asia-Pacific region were mixed on Tuesday as investors tried to grapple with a disastrous Monday on Wall Street.European equities started its trading higher on Monday following new development regarding the coronavirus vaccine. Also, the Union decided to close its external borders. The first human trial to evaluate a candidate vaccine against the new coronavirus has begun in Seattle yesterday, raising hopes in...

Despite the crashing markets, companies are working hard to boost the further adoption of Bitcoin and cryptocurrencies. In two separate announcements, Coinbase and the popular internet browser Opera revealed that they’ve made serious strides in this regard.Coinbase Card Usable With Google PayThe leading cryptocurrency exchange in the US, Coinbase, allows its users to get a cryptocurrency card through a partnership with Visa. Now, the card has enabled users to spend Bitcoin and other...

Tron price declined heavily below the $0.0135 and $0.0100 support levels against the US Dollar.TRX price traded as low as $0.0070 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0110 on the 4-hours chart (data feed via Bitfinex).The price is likely to face a strong selling interest near $0.0110 and $0.0120 in the near term.TRON price is trading in a bearish zone below key supports against the US Dollar, similar to bitcoin. TRX price is...

The leading cryptocurrency exchange by volume, Binance, and India’s own exchange WazirX, are setting up a blockchain fund in the Asian country for $50 million. Dubbed “Blockchain for India,” the fund’s mission is to invest in blockchain startups focused on solving industrial and social problems.Blockchain For India $50MLast year, Binance acquired several companies based in other countries to expand its reach even further. One of them was the Indian-based cryptocurrency exchange – WazirX....

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 835. Heute sprechen wir über folgende Themen: BTC Netzwerk in Gefahr oder  Zusammenbruch von Bitcoin nur ein Shake-Out & Coinbase Legal Officer wechselt zu Department of the Treasury. 1.) Bitcoin Hashrate fällt um mehr als 25% – Ist das BTC Netzwerk in Gefahr?https://cryptomonday.de/bitcoin-hashrate-faellt-um-mehr-als-25-ist-das-btc-netzwerk-in-gefahr/ 2.) Der Zusammenbruch von Bitcoin könnte nur ein...

Ethereum price extended its decline below the $150 and $120 support levels against the US Dollar.ETH price traded as low as $89 and it is currently correcting higher.There is a key declining channel forming with resistance near $125 on the 4-hours chart (data feed from Coinbase).The price could correct higher, but it is likely to face a lot of hurdles near $145 and $150.Ethereum price is back in a strong downtrend below $150 against the US Dollar. ETH/USD remains at a risk of more losses...

Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...

Popular U.S. economist and proponent of gold, Peter Schiff, recently explained why the precious metal is plunging in the past few weeks. He believes that investors are to blame due to their lack of awareness of what is to come. Once they realize it, though, gold will surge once again.Schiff Blames Investors For Gold’s Price PerformanceThe COVID-19 (coronavirus) started an adverse snowball effect on most financial markets. Riskier assets such as equities and cryptocurrencies have been...

A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...