Markets

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...

Ethereum price climbed higher nicely and traded to a new 2020 high at $195 against the US Dollar.ETH price is currently correcting lower and it broke the $190 support level.There is a major bullish trend line forming with support near $185 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after testing the $185 support area and the trend line.Ethereum price is trading in a nice uptrend above $185 and $178 against the US Dollar. ETH/USD is likely to resume its...

Google‘s parent company Alphabet Inc. announced on Monday that its revenue was $46.07 billion in the fourth quarter of 2019. That represents a rise of 17% on an annual basis. The company reported diluted earnings per share (EPS) at $15.35 in the same quarter that represents a growth of 20% year-over-year.Net income increased by 19.2% to $10.67 billion in the closing quarter of fiscal 2019. Operating income stood at $9.27 billion over the same period, rising 12.8% annually.For the whole year...

Surojit Chatterjee, a former executive with Google, is being welcomed to the Coinbase team as the new chief product officer.Chatterjee – the Newest Member of the Coinbase FamilyIn a blog post, Chatterjee expressed his excitement over his new role and working with the crypto exchange, writing:I am excited about what crypto and blockchain technology can do to democratize our financial systems. I believe cryptocurrencies and blockchain technology can help open up the financial system for...

Following the breakout of the $2 mark, Tezos’s price could reach $2.5 in a few days if buyers continue to show interest.Against Bitcoin, an inverse head-and-shoulder pattern could produce a massive rise for Tezos in the short-term.Tezos is the best-gainers over the last 24-hours among the top 20 cryptocurrencies by market cap.XTZ/USD: Massive Gains Ahead for Tezos as Buyers Target Wedge’s ResistanceKey Resistance Levels: $2.2, $2.5. Key Support Levels: $1.8, $1.47Over the past few days,...

Can anyone be a billionaire? Maybe. I sat down with Dr. Morgan Shi – who is one of China’s most well-regarded experts in domestic and international investment as well as risk management – and asked about his philosophy, which investments brought him the most return, and what investment vehicles have the most upside. The following transcript has been edited for clarity.Are billionaires, or even millionaires, different in how they approach money and investment?Everyone has the opportunity to...

A new announcement has come from the American multinational computer technology corporation Oracle. The company has expanded its activity, adding new cloud computing data centers in five countries. Oracle new cloud locations are Saudi Arabia (Jeddah), Australia (Melbourne), Japan (Osaka), Canada (Montreal), and the Netherlands (Amsterdam).According to the company’s blog post, all of the countries mentioned are now available in the Oracle Cloud Console. Oracle has always strived to have at...

The Monetary Authority of Singapore (MAS) approved ICHX Tech Pte, iSTOX’s parent company, as a market operator on February 1, granting it a capital markets services license, Bloomberg reports. The approval sets iSTOX up as one of the first securities token platforms to receive this license, ICXH Tech stated.The license removes several restrictions from the platform, allowing the startup to increase the size of its issuance as well as the number of investors it can take on.iSTOX uses...