Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000.Bitcoin Price To $40,000Lee is among the most vocal Bitcoin proponents and has regularly made positive price predictions. Speaking on CNBC’s Power Lunch, Lee reiterated on the current bullish...
Read More »Ethereum Price Analysis: ETH Correcting Lower, But Uptrend Intact
Ethereum price traded to a new 2020 high at $231 and recently corrected lower against the US Dollar.ETH price is currently trading below the $225 and $224 support levels.There is a key bullish trend line forming with support near $206 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after it completes the current correction near $213 or $206.Ethereum price is trading nicely in an uptrend above $200 against the US Dollar. ETH/USD is currently correcting lower,...
Read More »Binance Adds Peer-to-Peer Trading For The Russian Ruble (RUB)
Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform.Binance Adds P2P Support For The Russian RubleIn a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will add peer-to-peer (P2P) trading for the Russian Ruble. Users will be able to transact with no fees on the exchange’s P2P platform...
Read More »Binance bietet Futures auf den hauseigenen BNB Token an
Ab dem 10. Februar 2020 bietet die Krypto-Börse Binance Futures an, die mit dem hauseigenen Binance-Coin gehandelt werden. Der Binance-Coin stellt somit die siebzehnte digitale Währung dar, die sich gegen Futures handeln lässt. Trader können dabei einen bis zu 50-fachen Hebel realisieren. Eine Pressemitteilung vom 7. Februar kündigte ausserdem an, dass die BNB-Futures ein Währungspaar mit USDT bilden...
Read More »Tesla Stock Is One of the Most Dangerous Stocks in the Market, Says Wall Street Exec
While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.Tesla stock (TSLA) is very easily one of the world’s most popular stocks, at least as far as 2020 is concerned. Prices have jumped so high recently that it has rattled a lot of the market’s most seasoned analysts and even regular traders and investors. Towards the end of last year, many people slowly became extremely bullish about Tesla’s chances....
Read More »Cryptocurrencies and Main Risks Involved
We take a look at the principal risks and rewards of dealing with cryptocurrencies such as Bitcoin in the modern market.Ever since Bitcoin and other cryptocurrencies launched some decades ago, they have grown into one of the most controversial topics around. On the one hand, cryptocurrencies offered end-users many perks such as anonymity and transaction speed. Still, on the other hand, they naturally stirred up a lot of criticism regarding the lack of regulation and potential abuse.Regardless...
Read More »Gold Beware as Bitcoin Halving Is Just 90 Days Away
Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.In approximately 91 days, the picture of what is happening inside mining companies will start changing. The date for changes is 7 May 2020. There’s several ways to count the days until Bitcoin halving, however. When calculating the date using average daily block time, the next halving date shifts to 86 days from...
Read More »Ethereum Price May Reach $360 as Ethereum 2.0 Launch Is Getting Closer
The launch of Ethereum 2.0 is expected to happen just in a few months. Experts believe that Ethereum price may reach $360.The world’s second-largest cryptocurrency Ethereum is set to witness a further 60% rally after breaking a key resistance that saw it leap from yearly lows of $120 to highs of just under $230. ETH has been one of the top-performing cryptos since the turn of the year and it is expected to maintain and continue its steady rise, reports revealed on February 9, 2020.At the...
Read More »Coronavirus is the Biggest Market Threat Right Now as China Death Toll Tops 900
One of the Wall Street bulls Edward Yardeni believes that there is currently no bigger threat to the financial market right now than the coronavirus outbreak. The number of death cases is growing.The world already has more than enough evidence that the coronavirus is a big enough market threat. In the very recent past, we have seen the unpleasant effects of the coronavirus on the world’s financial markets. Oil prices also took a beating, as well as several businesses. Even though investors...
Read More »Binance Coin Price Analysis: BNB Gains 6% Despite Latest Bitcoin Pullback
Binance Coin is still trading well above weekly support across trading pairsThe intraday trading looks bullish for BNB despite Bitcoin’s dropBulls continue to show strong commitment against BTC.BNB/USD: BNB Charts 6% Gains As Bullish Sentiment Remains StrongKey Resistance Levels: $26, $30Key Support Levels: $22, $19BNB/USD. Source: TradingViewOver the past few hours, the cryptocurrency market has seen a mild bearish movement due to the 6% drop in Bitcoin’s price. Binance Coin is not much...
Read More »