Markets

OKEx CEO Jay Hao reveals the magic behind and explains how the company overcomes the recent market crash and COVID-19 outbreak.It is the worst of times for the global economy. Almost every major economy is inescapable from the outbreak of coronavirus, aka COVID-19. The recent stock market shocks and oil price war are fuelling the economic hardship of the world. The fear of recession is rising.It is the best of times for the cryptocurrency market. Despite a few days of uncertainty, the crypto...

Tesla (TSLA) Stock price is up. There are several reasons to think that the automaker will do well during these chaotic times.Tesla Inc (NASDAQ: TSLA) stock price went up in the pre-market today. And this tendency continued when the market opened. This indicates that Tesla is getting something right amidst the stock market chaos. The COVID-19 situation has driven everyone into panic mode. As such, the reaction of the markets is panic based on irrationality rather than rationality that...

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Bitcoin ist einzigartig. Sie ist eine digitale, dezentrale Währung, die man jederzeit überall handeln kann. Der Bitcoin-Markt steht jedem offen und es gibt eine weltweite Nachfrage für den Handel von Bitcoin und andere Kryptowährungen. Der Bitcoin-Handel wird nicht gestoppt; der Handel findet seit 11 Jahren 24h Stunden am Tag...

The leading cryptocurrency exchange by volume, Binance, enters a new partnership with Brave Software. As a result, the users of the Brave browser will be able to seamlessly operate with cryptocurrency assets directly through a new on-browser feature called Binance widget.Binance Partners With BraveThe two companies announced the collaboration in a press release shared with CryptoPotato. It informed that the popular cryptocurrency exchange will have a specially-designed widget on the tab page...

Tron price is currently rising and it is trading above the $0.0100 resistance against the US Dollar.TRX price is likely to surge if there is an upside break above the $0.0120 resistance.There is a key bearish trend line forming with resistance near $0.0115 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0105 level.TRON price is showing a few positive and recovery signs against the US Dollar, similar to bitcoin. TRX...

The latest break below the three-month support could send Ripple to 2000 SAT level against BitcoinRipple needs to climb above the triangle’s resistance ($0.173) before considering a strong bullish price action.Across trading pairs, XRP failed to maintain correlation following the recent crash as price now moves in the opposite direction.XRP/USD: Ripple Looking For BreakoutKey Resistance Levels: $0.173, $0.214Key Support Levels: $0.141, $0.11XRP/USD. Source: TradingViewAfter recovering nicely...

Amid the latest price developments in the cryptocurrency market, Bitcoin’s dominance has increased to over 66%. Most alternative coins are in the red when compared to BTC’s 13% surge in the past 24 hours.BTC Dominance RisesBTC’s dominance index tracks the relative share of Bitcoin in the entire cryptocurrency market. During the numerous cycles over the years, it had swung from above 95% in the early years to below 33% in January 2018.The extreme levels of volatility in the past few weeks also...

Two days ago, while Bitcoin was consolidating around the $6000 level, we had anticipated a huge price move coming up.Looking at the following 4-hour chart, we can see that Bitcoin had found support upon the mentioned 4-hour MA-50 line (~$5700, marked pink), and following another Fed’s announcement, broke above the short-term descending trend-line.In the same price analysis from two days ago, we also mentioned the bullish divergence on the 4-hour chart, which might have proved an accumulation...

Bitcoin is yet to reach its yearly bottom, at least according to a recent Twitter poll. Despite surging with 80% since the March 13th low of $3,700, the majority still anticipate new price declines in BTC’s future.Pessimism Across The CommunityMarch 2020 has been quite volatile for Bitcoin and the whole cryptocurrency market. The primary digital asset had a monthly high of $9,200 before the coronavirus effect took its toll on all markets. In just a week, BTC plunged to $3,700 on various...

Ethereum price is gaining traction above the $120 and $125 resistance levels against the US Dollar.ETH price is likely to grind higher towards the $155 and $160 resistance levels.There is a major bearish trend line forming with resistance near $137 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported near the $122 and $120 levels.Ethereum price is showing positive signs above $135 against the US Dollar. ETH/USD must surpass $137 and $140...