Markets

ADA price is trading in a solid uptrend above the $0.0430 support resistance against the US Dollar.The price is likely to accelerate gains above the $0.0500 resistance in the near term.There is a major ascending channel forming with support near $0.0435 on the 4-hours chart (data feed via Kraken).The price could surge towards $0.0550 and $0.0650 if it settles above the $0.0500 resistance area.Cardano price is showing a lot of positive signs against the US Dollar, similar to bitcoin. ADA price...

Bitcoin price started a downside correction after it almost touched $9,200 against the US Dollar.The price declined below $9,000, but the $8,460 area acted as a strong support.There is a major bullish trend line forming with support near $8,560 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to climb higher again unless it breaks the $8,560 and $8,460 support levels.Bitcoin price is trading nicely above key uptrend supports against the US Dollar. BTC is...

Tuesday, January 21, Binance announces their next project on Binance Launchpad, it’s WazirX. Yes, that is the same they acquired back in November 2019. WazirX is an Indian based cryptocurrency exchange with a native token – WRX. As usual, this IEO takes place in a lottery format where Binance record user Binance Coin (BNB) balances in a specific time period. The exchange will record their user BNB balances for 30 days. To be honest, the lottery is already happening in full swing because...

It seems that the Asian market went down because of the “health reasons” The number of people who seems to be infected has been tripled during the three days over the weekend. It all started in the province of Wuhan and then went on to the other major cities.The problem is that millions of Chinese people are preparing to travel on January 25 for the Chinese New Year. Be it as it may, newly found China’s coronavirus could disrupt the tourism. The worst thing is that these geopolitical problems...

Place/Date: Luxembourg - January 21st, 2020 at 10:57 pm UTC · 4 min read Contact: Tokeny Solutions, Source: Tokeny Solutions Tokeny Solutions today announced the release of the ONCHAINID, the universal identity system that empowers financial institutions to unlock the significant benefits of using decentralized technology. It is an upgrade of InvestorID, and alongside investors, the system enables market actors to identify issuers, agents, securities and assets on a shared...

As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo. Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies. The ex-chairman of the United States’ Commodity Futures Trading Commission believes that, had blockchain technology been introduced to the world before the global financial crisis of...

Tesla is ready to break new grounds in Europe, with its soon-to-be-built gigafactory in Germany. The company, led by Elon Musk, is popular for setting surprising goals for itself. Most of the time, these declarations by Musk are written off as pipedreams as people point out that they are a little too lofty. However, the company’s success in China is worth considering whenever there is doubt about its capabilities. The question now is, will Tesla be able to replicate that success in Germany...

The World Economic Forum (WEF) 2020 is currently taking place in Davos, Switzerland. The WEF is a meeting of some of the most powerful people in the world, as they discuss the global economy and other related issues. As it turns out, according to British investment exec, the major problem among WEF participants in Davos is deciding the best investment channel for their hefty funds.WEF Attendees Are Keen on Investment but Don’t Know What to DoSpeaking to CNBC’s Steve Sedgwick on Monday, the...

Last week we were witnessing of a sudden “fallout” of one of the biggest carmakers in the world – Tesla. An American division received a driver’s complaint that his Tesla suddenly accelerated on its own. And probably it will be not very sensible to suppose that such an event won’t have any influence on Tesla stock. However, we should admit that in recent months it has been on the rise.An independent investor, Brian Sparks, abided a sue to the National Highway Traffic Safety Administration and...

It has been a good start to this year so far for the cryptocurrency markets. The overall cryptocurrency market cap has added over $45 billion since January 1. The cryptocurrency market cap surged from $191 billion to now at $238 billion registering over 20% gains.Bitcoin, the crypto king, has undoubtedly been a star performer as well! In just the first 20 days of 2020, the Bitcoin price surged nearly 30% bringing the excitement back among its investors. Earlier this week, the BTC price...