Markets

Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering to strengthen its financial position.While similar scenarios could play out in the traditional financial market, Bitcoin stands on the opposite shore. Its finite pre-programmed supply of 21 million means that no more coins can come in the market.Tesla Stocks Performance And OfferingThe last several months have been nothing...

Binance through its official blog page has outlined its future vision and mission as an open platform through which other businesses can use to grow.Binance has announced through its blog page that it’s working to build its company as an open platform in the future. According to the blog post, the crypto exchange, which offers both centralized and decentralized blockchain services, is working to make the company more decentralized to give access and freedom to its users.The crypto exchange...

When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell.We need a healthy pull back. Too much hype about #bitcoin halving and altseason. Too much dumb money re-entering shitcoins. Looking for $7200. It takes time for halving to propogate and market to react. Maybe 6-7 months. Only my opinion. What...

Bitcoin’s price made yet another positive week of continuous gains. In the past seven days, BTC is up more than 4%, finally breaking above the essential technical and psychological resistance of $10,000. The price shot up to as much as $10,500 but failed to claim this level and retraced to where it currently trades at around $10,200.As it stands, Bitcoin might need some more time to regain its momentum and try again for the crucial ascending trend-line resistance. In any case, it’s important...

BitcoinBitcoin saw a small 4.7% price increase over the past 7-days as the cryptocurrency finally managed to break above resistance at $9,815 to climb above $10,000. It has met slight resistance at around $10,430 and will need to break here to continue higher.If the bulls penetrate $10,430, higher resistance lies at $10,500 $10,707 (1.414 Fib Extension), $10,810, and $11,000. On the other hand, if the sellers push lower, support is found at $10,000 and $9,815. Beneath this, additional support...

In its new publication, Ripple has pointed out the major problems with remittance in the APAC region and explained how it can solve these problems.Ripple is slowly becoming a force to be reckoned with as far as the international remittance market is concerned. The company is consistently in the news for some of the heavy moves it is making to control cross-border payments. Ripple also has a significant interest in the Asia-Pacific (APAC) region as the remittance market in the area is huge. In...

Binance is extending partnership with Simplex to provide more fiat payment gateways and eliminate traction. The exchange seems to be aiming at global fiat to crypto payments dominance.Binance is adding more and more fiat currencies on its way to global dominance. It’s one of the major exchanges for cryptocurrency novices and pros,Israeli cryptocurrency payments startup Simpex will help the Binance exchange with the handling of fiat payments. Binance announced on Friday that users now can buy...

Cryptocurrencies have one characteristic feature or a flaw, whatever you choose to call it, and that’s its volatility. The price of bitcoin and a lot of other altcoins have seen a lot of ups and downs since their inception and continues to do even today.The increased volatility of crypto assets is one of the reasons for lagging adoption rate among businesses and individuals looking for alternative payment modes. However, the same has played an important role in creating a strong, ever-growing...

Xiaomi Mi 10 and Mi 10 Pro 5G phones have been in China. They were expected to make their European debut on February 23 ahead of the big MWC phone show in Barcelona but it was canceled over concerns with the spread of the coronavirus.The fourth-biggest mobile phone producer Chinese Xiaomi launched its new 5G-capable Mi 10 and Mi 10 Pro flagship smartphones. This is a try to recuperate its sales that were declining in the home market for a while. However, the company is going pretty well in...

Automation is one of the buzzwords that has been around for some time, and for a good reason. The rising technological prowess has enabled the creation of software, as well as hardware that can eliminate the need for manual human interference for greater efficiency, reduced margin of error and lower costs. Similar principles hold good for crypto trading as well, and there are a number of platforms and software services that allow for automation of various aspects of trading activity.When it...