Markets

BitMEX is the largest exchange offering cryptocurrency derivatives, according to some outlets. Users will get one more trading opportunity on 5 February 2020, 04:00 OTC. The XRP swaps will be available, with the coins traded against USD with up to 50x leverage. It is said in the BitMEX announcement from 4 February 2020. Per the announce:“Symbol: XRPUSDExpiry Date: PerpetualBitcoin Multiplier: 0.0002 XBT (20,000 Satoshis)XBT Contract Value: XRPUSD Price * Bitcoin Multiplier (20,000...

Visa’s quarterly earnings came through last week. The first-quarter results were exciting for many investors. But they have been in line with expectations. Revenues hit about $6.05 billion. Earnings per share were about $1.46 as well. This has led to many wondering if centralized payments are still the way to go. It is also a 10% increase from 2018. It has also reinforced the common belief that the payments industry is still going strong. This also is in line with post-earnings forecasts...

Sony managed to beat all analyst predictions by 5% for their annual profit outlook. The Japanese company went up to 880 billion yen in profit while 22 analysts from Refinitiv predicted 878 billion yen. Also, when looking at the October to December quarter, Sony profit mainly dropped, but it didn’t drop as much as the analysts predicted. The profit dropped 20% to 300.1 billion yen, while the analysts forecasted 271 billion yen.Sony controls almost half of the world’s smartphone image sensor...

Asana Inc., the developer of web and mobile app for organizing, tracking, and managing work, has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). In the statement, Asana revealed their plan to enter the public markets via a direct listing. In other words, Asana files for IPO.Asana stated:“The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions.”When...

Short-sellers are burning their hands on Tesla as the electric car maker released its strong Q4 2019 numbers last week. In less than a week, the Tesla stock has added over $200 to its price making it the first American automobile company to hit $100-billion valuations.On Monday, February 3rd, the Tesla stock surged 20% to $780 levels taking the company’s valuations at $140 billion. Indeed, with this move, Tesla has taken Wall Street and global investors by surprise. Monday’s stock price gain...

Elon Musk‘s net worth is growing faster than you think. This is Tesla’s biggest result compared to previous years since the outstanding records from 2013. Jeff Bezos is the richest man in the world, but Elon Musk is going to the top wealthy group with amazing 2020 net worth kick-off. During the last week itself, the shares got +86%, making Tesla one of the companies untouched by the overall crisis and Chinese coronavirus awareness.The Panasonic corporation supplying batteries to the Tesla car...

Currently, the leading electric car manufacturer Tesla is recruiting new talents. It may seem that getting a job at Tesla is unrealistic as only professionals with incredible skills are working there. However, we are going to change your mind.On Sunday, Elon Musk tweeted that Tesla’s artificial intelligence department can recruit you even if you don’t have a college degree.“At Tesla, using AI to solve self-driving isn’t just icing on the cake, it the cake” – @lexfridmanJoin AI at Tesla! It...

On our recent price analysis from two days ago, we had anticipated a huge price move that was supposed to be coming soon.As can be seen, shortly after our analysis, there was the opening of the Chinese stock market after the long Lunar vacation. At the same time, Bitcoin spiked $400 to a new 2020 high over $9600 but quickly retraced.Since then, Bitcoin is slowly forming a bull-flag on the 4-hour chart. The coin is trading inside a descending channel (or flag). Keep in mind, that kind of flag...

Tron price followed a decent bullish path and climbed above the $0.0180 resistance against the US Dollar.TRX price tested the $0.0200 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0189 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to remain in action as long as the price is above the $0.0180 support.TRON price is following a strong uptrend against the US Dollar, similar to bitcoin. TRX price remains...

Place/Date: Turkey - February 4th, 2020 at 8:15 am UTC · 3 min read Contact: TravelbyBit, Source: IstanBlock 2020 Crypto travel provider TravelbyBit has been announced as the official travel partner for IstanBlock 2020, which will be held on April 9-10, in Istanbul.TravelByBit is an Australian-based business backed by the world’s largest cryptocurrency exchange Binance. Users can book and pay for holidays and trips using crypto while receiving discounts and earning crypto incentives for...