Markets

Bitcoin is continuing to surge and has surpassed the $9,300 mark in another big jump.Bitcoin Is Surging to November NumbersMany are wondering if $10,000 is around the corner. According to some analysts, the answer is “yes.” Bitcoin and gold are continuing their incessant jumps and don’t appear to be stopping anytime soon, and some argue that the currency could hit the five-figure range in the immediate future.One such person is Adam Vettese, a market analyst at popular crypto exchange e-Toro....

Swedish multinational clothing-retail company H&M has appointed a new CEO. As a part of a complete board reshuffle, former chief executive Karl-Johan Persson stepped down. The new CEO is Helena Helmersson, who was previously the head of operations. Notably, Helmersson is the first female chief executive officer of the fast-fashion pioneer.Now Karl-Johan Persson will succeed his father, Stefan Persson, as chairman of the supervisory board. The change came after his father Stefan said he...

CoinFLEX, the first physically-delivered Bitcoin futures exchange, has officially launched its competition platform, called BracketWars. The competition features a trading order type called “brackets” catering towards scalp traders.The news comes on the heels of CoinFLEX’s revamp of its maker/taker program, FLEXMaker, which blends staking of the FLEX token into the exchange’s low-fee DMM model.It’s quickly becoming evident that institutional interest and large trader aspirations are to settle...

BitcoinBitcoin saw a further 10% price surge over the past week as the number 1 ranked cryptocurrency breaks above the $9,000 level. It had found major support at $8,255 (short term .382 Fib Retracement), which allowed it to rebound and climb. Bitcoin went on to rise into resistance provided by the November high at $9,430 before stalling. If the buyers continue to drive Bitcoin higher, the first level of resistance is located at $9,476 (1.618 Fib Extension). Above this, resistance lies at...

XRP, that is widely used by Ripple Labs in its advanced solutions, is on the verge of breaking out from the downtrend resistance that got it hooked at low prices for more than two full years of the bear market.The crypto world has been dominated by headlines of the imminent rise of the XRP within the last couple of hours. People are anticipating a breakout from the asset that could produce a huge shock to the crypto market with fast and massive gains that could raise the XRP price to as high...

DASH is showing strength across trading pairs with 4.5% growthThe long-term bullish trend could continue once DASH reclaims the monthly highDASH may drop if the XABCD harmonic pattern completesDASH/USD: Buyers Target $137 To Complete Butterfly Pattern – Possible Bearish Reversal In SightKey Resistance Levels: $137, $150Key Support Levels: $113, $97Following the latest mild bearish scenario in the crypto space, DASH is currently up by 4.44% against the US Dollar. This marks a small increase...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD tech analysisButerin: the Ethereum platform is strongThe ETH joined the Japanese crypto indexThe ETH could grow in price on the coronavirus news but alasOn W1, the Ethereum price does not demonstrate any serious changes in market moods yet. The growth that we can see does not show any signs of a reversal and thus is interpreted as a pullback before another decline. The nearest important goal of the decline is the psychologically...

The ongoing epidemic is still doing a strong and deep dive throughout the world’s financial markets. Generally, the coronavirus has caused stocks in Asia to plunge as panic continues to spread around the continent and even to the rest of the world.Coronavirus Crashes Asia StocksSeveral markets across the continent are having a bad time of the event. The Hang Seng index, which covers the largest companies in Hong Kong, closed at 26,499.13 after losing 2.62%.Most of the hardest-hit stocks all...

Apple TV+ and Apple Watches have been in the news for a bit now and while it might seem like they are the reason behind the boost in Apple’s Q1 earnings this year, there is another quiet star that isn’t even on the market yet is actually behind all the hype.On Wednesday morning, shares in the trading market rose following an announcement from the largest U.S-based mobile phone manufacturer regarding their earnings in December’s first quarter which to the surprise of everyone was substantially...

World Markets is an award-winning firm that offers global investment opportunities. Founded in 2003 as a precious metal dealer, this company has gained a reputation as a leader in the Bullion (Gold/Silver) investment industry and has since expanded its services to provide digital trading services from digital Gold, STOs and now to AI Managed Trading Accounts. With World Markets, both institutional investors such as private banks, funds, and HNW investors; and retail investors, can take...