One of the most heavily commented meetings in the cryptocurrency community finally took place. According to a recent report, Tron CEO Justin Sun had dinner with the legendary American investor – Warren Buffett, where they discussed digital assets and blockchain technology.Justin Sun Meets Warren BuffettIn the summer of 2019, one of the hottest topics in the community surrounded Justin Sun. He won a charity lunch with one of the most successful traditional market investors, Warren Buffett,...
Read More »Bitcoin Beats Its Present Resistance Levels to Hit $9,600
After all this talk of a potential pullback, after all the chatter and discussions involving death crosses and failed attempts at pushing past present resistance, bitcoin has, once again, impressed us all and added another $500 to its price overnight, thereby bringing its present figure past the $9,600 mark.Bitcoin Fires Past Previous ResistanceYesterday, it was reported that stocks and altcoins were moving ahead, while bitcoin was undergoing a period of light struggle. The currency had...
Read More »Tezos Price Analysis: XTZ Surges To $2.2 But Shows Signs Of Exhaustion Against Bitcoin
With 4.08% growth under 24-hours, Tezos remains the 12th largest cryptocurrency by market cap.Tezos is stuck under 24000SAT level as buyers appeared weak against Bitcoin.Notwithstanding, XTZ is technically bullish across trading pairs.Key Resistance Levels: $2.3, $2.5Key Support Levels: $2.05, $1.90General OverviewSince our previous price analysis, XTZ surged to reach $2.25 earlier today. The substantial growth has brought an increase of about 30% since the monthly opening.The interesting...
Read More »Tesla (TSLA) Stock Crashes 17% after Coronavirus Forces Postponement in Product Delivery
Tesla (TSLA) stock has plunged as the company has announced a delivery delay caused by the fears related to the coronavirus epidemic.Much to the disappointment of many, Tesla (TSLA) stock has begun to fall amid the coronavirus. Tesla, which has been on a very impressive and largely unprecedented surge for a while now, has shed some of its weight because of a delivery issue connected to the epidemic.TSLA Stock CrashOn Wednesday, Tesla vice president Tao Lin announced that the company might...
Read More »Tesla Decides to Close Its Stores in China Due to Coronavirus Fears, TSLA Stock Is in Red
Tesla has been affected by the pressure from the coronavirus outbreak in China, where it has decided to temporarily close all its stores. The move will delay unit delivery to customers who had ordered. TSLA stock price is falling.The American electric automaker company Tesla has temporarily closed its stores in the entire mainland China due to fears of coronavirus spread. The move was not welcomed warmly by the customers who were waiting for unit delivery in February. As a result, in the...
Read More »Bitcoin Price Is Moving Up Again while Number of BTC Users Hits 23 Million
Yesterday, BTC price was back to growing. Today, on Thursday, February 6th, the asset continues its growth mostly around $9,700.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Number of BTC transactions has exceeded 500 million.Commission for transfer in BTC worth 460 million USD was less than 1 USD.Bitcoin price is moving higher. As we can see in the weekly chart, Bitcoin is forming a steady rising wave. In this case, the upside target is the resistance level at...
Read More »China Cuts Tariffs on $75 Billion Worth of U.S. Goods, Stock Markets Rally in Response
China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.On Thursday, China said it will cut down tariffs on more than a few U.S. goods. Chinese authorities announced it will reduce tariffs placed on these goods worth $75 billion by 50%.China Cuts Tariffs as Trade Tensions ImproveChina had initially announced tariffs on these goods on Sept. 1. 2019. The tariffs were in retaliation to...
Read More »Qualcomm (QCOM) Stock Soars as Q1 Earnings Top Wall Street Forecasts
Qualcomm (QCOM) stock positively reacted to the optimistic figures in the company’s Q1 earnings report. The net income in that fiscal quarter was $925 million.Leading Technology Firm Qualcomm Inc. shares experienced a new rise, as QCOM stock has managed to top the earning table on Wall Street, making the firm one of the most valuable at the moment in the stock exchange market.Mobile technology firm and one of the very few proponents of the 5G network Qualcomm Incorporated shares rose steadily...
Read More »Etheruem Price Analysis: ETH’s 20% Weekly Gains Can Signal The New Alt Season?
Ethereum increased by 7.8% today, bringing the price for the cryptocurrency to $212.It managed to break above an ascending price channel against Bitcoin to reach 0.0218 BTC.The latest surge has increased the market cap to almost reach $23 billion.Key Support & Resistance LevelsETH/USDSupport: $200, $193.50, $185.Resistance: $212, $225.30, $235.15.ETH/BTC:Support: 0.021 BTC, 0.0202 BTC, 0.0198 BTC.Resistance: 0.0218 BTC, 0.0223 BTC, 0.0232 BTC .ETH/USD – Ethereum Breaks $200 For First Time...
Read More »FinTech Startup Revolut Eyes Entry in U.S. Market and Plans to Shift Base to Ireland
Having moved its operations to Dublin due to Brexit issues, Europe’s popular fintech startup is planning to join Monzo and N26 in the competitive U.S. market. In the U.S., Revolut will specifically target exchange students and business travelers.London-based fintech firm Revolut is now planning to move its operations to Ireland’s capital city Dublin and Lithuania. This decision from the startup comes as the UK moves out of the European Union with Brexit.In the last few years, Revolut has...
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