Markets

The last time Bitcoin was this high was in October 2019. Now, marking a new high of $9,700 for 2020, Bitcoin has provoked hot discussions about possible $10,000 in the nearest future.In terms of highly volatile conditions, Bitcoin price has surprised with a new record. Bitcoin has hit $9700, marking a new high for 2020 and leading to hot discussions about possible $10,000.On February 3, Bitcoin reached just over $9,500. The next day, it traded slightly below $9,200 and closed at $9,171. On...

Two days ago, our latest edition of Bitcoin price analysis had the promising title – “The calm before the storm.”Yesterday we saw what a Bitcoin storm looks like: After recording a daily low at $9142 (Bitstamp), the coin had massively broken out from our mentioned Bull-Flag (at ~$9200), and from there, we witnessed the explosion.Bitcoin price rallied up to the next resistance of $9700 – $9800, recording $9775 (Bitstamp) as the new 2020 high, as of writing these lines.On the following 4-hour...

Ferrari presented rather mixed Q4 results. It has negatively affected the price of RACE stock though it recently hit a 52-week high. Will the introduction of the first SUV boost the stock in 2021-2022?The Italian maker of luxury and sports cars Ferrari SpA announced that its diluted earnings per share in the last quarter of 2019 amounted to €0.90, which is over 10% lower on an annual basis, while shipments slid 1% to 2,376 in the same period.Net revenues grew 10% to total €927 million as...

ICE has offered to buy the American multinational e-commerce corporation eBay at a staggering price of $30 billion. However, there have been no formal talks between the two firms yet.The New York Stock Exchange proprietor  ICE has offered to buy the American multinational e-Commerce corporation eBay and add $2 billion more than the initial set price by the company ($28 billion). The news came at a time when the eBay shares (EBAY INC) were struggling to break the resistance zone at $36 for the...

Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...

Bitcoin has marked yet another particularly turbulent day of trading, charting increases of up to 7% in the past 24 hours. This caused the cryptocurrency to spike to a new high for 2020, lining up the question if $10,000 is the next target.Bitcoin Price Skyrockets 7% On The DayIf one thing is certain for 2020, it’s that there is no boring day in the cryptocurrency market. In the past 24 hours, Bitcoin’s price surged above the previous yearly high to reach prices that were last seen back in...

Today is something of a mixed day for cryptocurrencies. Bitcoin – the world’s leading cryptocurrency by market cap – has ultimately taken a few steps back and is now trading in the $9,100 range, when just yesterday it was circling around $9,200.Bitcoin Is Falling Back While Stocks Move UpPrior, it was trading at an even $9,400, so it appears some of the bullish marks that have been hitting the currency as of late are beginning to take a rest.Bitcoin was potentially on a path to shutter past...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Digital assets continue testing their closest resistance levels. Bulls are increasing the pressure and there is a good chance to witness new rising impulses towards...

Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.Detroit-based Ford Motor recently released disappointing figures from its earnings report for 2019’s fourth quarter. Its forecast for 2020 is also less than expectations from Wall Street. In response to these disappointing figures, the company’s shares plunged. As trading closed yesterday, Ford (F) stock plummeted by almost 10%, to...

Bitcoin Cash led the cryptocurrency top ten on Wednesday with a 14% growth surge. BCH shrugged off fears of a community split over an arbitrarily imposed tax on miners. The coin’s “halvening,” or block reward halving, is scheduled for Apr. 8 – around a month before BTC’s. Bitcoin Cash (BCH) gained 14% on Wednesday, with the majority of the growth occurring in a short four-hour burst. The bitcoin fork led the way in the market cap top ten, as the broader cryptocurrency...