Markets

BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...

Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.Tesla is easily the most interesting company in the world right now, because of its extremely parabolic stock. Currently trading at $788.99, TSLA stock has already pulled in more than 92% gains this year alone. However, even as it enjoys its new status, Tesla has admitted that the current coronavirus outbreak is strong enough to put a...

Ripple’s XRP prices experience a crash on the BitMEX derivatives exchange and but quickly recovered. BitMEX CEO Arthur Hayes has been in the recent times quoted disapproving XRP openly in the social media.Ripple’s XRP derivative, XRP /USD, experienced a quick market crash on February 13, at 14:00 UTC on the BitMEX crypto exchange. The XRP price dipped from $0.33 to $0.13 in few seconds where it immediately recovered leaving a long wick on the candlestick. As a result, the crash stop hunted...

Bitcoin price is hot, with analysts enrolling their opinions regarding future movements. Let’s take a look at them: will BTC reach $12,000 or will it fall?Market analyst JC O’Hara from the MKM Partners considers Bitcoin as the asset exiting bear trend zone. Bulls will lead the asset directly to 12,000 price level, according to what JC said on “Trading Nation” by America’s largest financial news network CNBC.About two months ago, the trader was thinking that the Bitcoin price won’t be jumping...

Daily trading volumes for Ethereum reached the high of $26 billion with three exchanges – BitMEX, Huobi & OKEx – alone reporting over $1 billion trade in ETH tokens. Ethereum price is moving up.While the market has been focusing on Bitcoin‘s move above $10,000, the world’s second-largest cryptocurrency Ethereum is leading the altcoin show. On Thursday, February 13, the ETH price jumped over 20% to hit $270. This was the biggest single-day gain for Ethereum, so far in 2020.With Thursday’s...

Cryptocurrencies are popping in 2020. The entire market’s capitalization has once again touched $300 billion – something that was last seen six months ago. The interesting part is that it’s not just Bitcoin’s price that’s increasing this time – altcoins are exploding as well.Naturally, as it has always been the case, this drives more retail interest. Cryptocurrency-related titles are once again seen in mainstream media, while related Google searches keep on going up.Most recently, plenty of...

Two days ago, on our most recent BTC price analysis, we had mentioned that Bitcoin is reaching for a crucial long-term resistance line from 2019,  we had also mentioned a bearish price divergence on the daily RSI.This resistance is the ascending trend-line marked on the following daily chart, which had started forming in July 2019. The line falls precisely on the $10,500 mark. Yes, this is the high of yesterday and the current high of 2020.After touching $10,500 for the third time in 48...

Bitcoin cash price rallied above the $440 and $450 resistance levels against the US Dollar.The price traded as high as $487 and it is currently consolidating gains.There is a key rising channel forming with support near $460 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise above $485 and $490 in the coming sessions.Bitcoin cash price is trading in a strong uptrend above the $450 level against the US Dollar. BCH/USD must stay above $450 to...

One of the world’s largest cryptocurrency exchanges, Huobi, is adding a new service for its Argentinian branch. Dubbed Huobi Argentina, it now allows customers to directly exchange Argentine Peso (ARS) for Bitcoin and Tether (USDT) and vice versa.Huobi Argentina Fiat GatewayIn September 2019, the Singapore-based cryptocurrency exchange announced the opening of Huobi Argentina. Powered and supported by Huobi Cloud, it came as a result of the country’s growing interest in digital...

Apple (AAPL) stock is 1% down even though the coronavirus production delays will not affect the iPhone 12 September launch, as the high demand for 5G A14 chips pushes the company to the limit.New Apple iPhone 12 will be launched as planned by September despite the delays caused by the coronavirus outbreak. Apple has registered a spike in demand in A14 chips iPhone that supports the 5G network as the competitor Samsung has recently unveiled its flagship Galaxy S20 devices with the latest...