Markets

Bitcoin’s price is eyeing an imminent return to $10,000. A key technical formation suggests a prolonged bull market is possible. Bitcoin-gold correlation continues to strengthen. After rallying to five-month highs on Friday, bitcoin’s eventual return to $10,000 and beyond appears highly likely. The bullish bias has a lot to do with the technical charts after bitcoin achieved an important milestone last week. Bitcoin’s Golden Cross The bitcoin price has been...

The Google Play Store might be getting some competition from Chinese giants including Huawei and Xiaomi as they create a new platform. This announcement hasn’t had any negative influence on GOOGL stock.In many sectors all over the world, a few heavy hitters are known to ensure an undesired level of dominance. For most of them, other potential competitors almost don’t stand a chance. However, there’s a chance that efforts from China are taking on the dominance that Google holds, especially...

As we all know, bitcoin is doing quite well at the time of writing. It has shot up past the $9,700 mark and is reaching its highest levels in approximately four months.Bitcoin Isn’t Looking as Good as Other CoinsAnd yet, according to one source, all other altcoins are doing better than BTC and putting it to shame. Even though the world’s number one cryptocurrency by market cap has shot up by nearly 40 percent this year, its smaller cousins are really adding steam to the crypto industry.One...

American social media giant Twitter has surprised many by beating the quarterly revenue estimate to clinch on $1 billion. TWTR stock also rose by 14% as the market opened after the report.Social media giant Twitter has broken the expectations among many by managing to pull in $1 billion in the quarterly revenue on Thursday. This report saw TWTR stock rise with a huge gap by the same day, not only that but also broke the downtrend which had dominated the market over the last year. This success...

The cryptocurrency market shows no signs of slowing down so far in 2020. After charting one of the most impressive performances in January, Bitcoin continues its rally in the first week of February as well. In the past seven days, the cryptocurrency increased by about 5.5%, claiming essential resistance levels on the way up. Currently trading at around $9,800, all eyes are on the critical psychological barrier of $10,000. Bitcoin’s price was rangebound in the first few days of the week, and...

PawnHub enables a new way of monetizing an ever-expanding universe of Bitcoin assets, gives value to previously latent capital, unlocking the wealth within physical and social assets, and providing a new source of money creation.According to crypto lending platform PawnHub, the largest asset classes in the world (stock markets and residential real estate) are collectively worth $217 trillion, putting the global debt-to-asset ratio at 80%, when considering $244 trillion as the global debt.The...

As the Bitcoin 2020 halving approaches, a new and bullish forecast has put BTC price close to $16,00 before this highly-anticipated day.While there has never been a shortage of Bitcoin bulls, these extremely optimistic forecasts are always worthy of note whenever they are publicized. Recently, a popular crypto trader simply known as Filb Filb made a very interesting bitcoin forecast ahead of the upcoming 2020 halving.Halving or not the market is always awash with bullish predictions for...

In a quest to fund the Blue Origin project, Amazon CEO Jeff Bezos continued with his initial plan to sell shares. He has now sold $3.5 billion worth of shares in a week after AMZN stock jumped higher and the company joined the $1 trillion club.Amazon CEO Jeff Bezos has sold almost $3.5 Billion worth of Amazon’s (AMZN) shares in the last one week, in the quest to fund his aerospace project Blue Origin. According to filings from the Securities and Exchange Commission (SEC), Jeff sold slightly...

Binance is implementing the new BNB/USDT perpetual contract feature. The trading launch is scheduled for 10.02.2020, 08:00 AM (UTC).Binance will leave the traders with no chance of performing manipulations. In the first 15 minutes of the new contract trades, a 1% pricing limit will focus on the marked price. Since now, BNB holdings are updating themselves according to the new Futures account calculation scheme. Its the sum of the Binance Coin balance’s hourly snapshots of Futures balances,...

Chainlink surged 13.48% to reach $3.26 as buyers remain trapped in a channel.If buying volume continues to increase, the bullish scenario might last for a while.Against Bitcoin, Link signals long-term bullish move after witnessing a bull flag breakout.LINK/USD: Chainlink Awaiting Next Move Following 13.48% SurgeKey Resistance Levels: $3.75, $4.55Key Support Levels: $2.73, $2.13LINK/USDT. Source: TradingViewToday, we have seen another surge in the price of Chainlink against the US Dollar,...