Markets

Starting tomorrow, March 5th, the popular U.S. cryptocurrency exchange Kraken will be adding Tron’s native currency – TRX. The platform will initially provide four trading pairs, and trading will begin shortly after enabling deposits and withdrawals.Kraken Adds TRXThe U.S.-based cryptocurrency exchange announced the news earlier today. At approximately 14:30 UTC on March 5th, Kraken will facilitate deposits and withdrawals for TRX.Users will have the option to trade it shortly after on four...

After overheating for months to pie-in-the-sky valuations, the stock markets are finally cooling down. Coronavirus may have been the catalyst, but market analysts worth their salt knew the correction was looming.The Buffett Indicator (the total market cap of the US stock market divided by US GDP) has surpassed the pre-Great Recession and pre-Dot Com bubble pop levels for weeks. Corporate multiples like forwarding stock price to earnings ratio haven’t been promising either.And then there were...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Unfortunately, the crypto market still fails to return to the phase of good growth. The assets are currently testing important support levels, and we can soon see a...

Bitcoin halving is one of the major reasons for volatility increase before May 2020. Miners increased their effors in mining Bitcoin. But during a coronavirus attack, it may be difficult to resist the temptation and sell coins to buy masks and disinfectors.After Bitcoin price reached $10,000 last week, it hasn’t been moving back and traders are wondering what happens next. Next Bitcoin halving and coronavirus fears force worldwide crypto communities to protect their family from both the...

Huobi exchange has admitted its involvement in taking part in the recent reversal of Steemit’s blockchain soft fork and has withdrawn the vote.At the same time, Changpeng Zhao, the CEO of Binance exchange, also said that his company has undone the vote and wants to remain neutral.Huobi Admits Controversial InvolvementAs Cryptopotato reported yesterday, TRON and Steemit attempted to reverse a soft fork on the blockchain, which intended to reduce their ability to sway governance decisions. To...

Gambling has always been a favorite pastime and it has come a long way since the early centuries. From the traditional luxurious brick-and-mortar casinos, gambling now also populates in the virtual world. In fact, the online gambling market alone is expected to grow at 8.77 percent CAGR from 2019 – 2024.And although some people shun upon it, others with the money-making mind see it as an opportunity to double their fortunes with new concepts being introduced. The online gambling industry is...

Facebook will provide free advertisements to the World Health Organization as it seeks to ensure users are not misinformed about the coronavirus. FB stock was down yesterday but started to grow in the premarket.As the coronavirus spreads on a pace nobody even could imagine (94,192 infected, 3,219 dead), more and more companies are joining forces to help prevent further damage. Among them is one of the widest spread social media in the world – Facebook Inc (NASDAQ: FB).Yesterday FB lost over...

Today we live in the information age, and access to information is unlimited. And that produces the paradox of misinformation. That’s why it’s more important than ever to have someone to trust, with access to truthful information and advanced tools for any activity related to the investment. This is the case of worldmarkets.com with its investment based on trading with AI.The main point of WorldMarketsToday, the most interesting feature of WorldMarkets is, without a doubt, its trading system...

An Amazon employee in Seattle tested positive for COVID-19. Amazon stock (AMZN) lost over 2% on Tuesday but started gaining again in the premarket.Amazon.com Inc (NASDAQ: AMZN) announced yesterday that one employee who works in one of its Seattle, Washington, offices has been tested positive for the coronavirus.After the news, the Amazon (AMZN) stock price lost 2.3% and fell to 1,908.99 amid coronavirus. Now in the premarket, AMZN is 1.99% up. Its price is $1,947.The company told the...

JMP said its new price target of $1,060 for Tesla (TSLA) stock, is one of the highest on Wall Street and implies earnings multiple that “may seem excessive”.Shares of electric carmaker Tesla Inc (NASDAQ: TSLA) grew on Tuesday after JMP Securities upgraded it and set a price target of $1,060 per share. That would mean that Tesla is among the stocks with the highest level on Wall Street.From JMP Securities it’s said that the “investors may find themselves with additional near-term opportunities...