Markets

Fidelity Digital Assets, the cryptocurrency arm of financial giant Fidelity Investments, is making a foray in the European market. As per the latest development, Fidelity will offer custodial solutions for Bitcoin to European-based Nickel Digital Asset Management.Currently, Nickel Asset Management has launched its another cryptocurrency offering. This is the Nickel Digital Gold Institutional Fund allowing institutional players to leverage opportunities in the crypto space.Just last month,...

Bitcoin battle becomes three-way shootout as BSV replaces BCH as fourth-largest capped cryptocurrency. BSV has been on a tear all week – seven-day gains stand at 286%. But is there any substance behind BSV’s market growth? A Bitcoin flippening was witnessed for the first time this week as Bitcoin Cash (BCH) was replaced by Bitcoin SV (BSV) as the world’s fourth-largest capped cryptocurrency. The BSV Flippening BSV gained over 100% on Tuesday alone, eventually topping...

In the past few days and weeks, the recent volatility observed in the combined crypto markets has mainly supported bulls.This impetus allowed the price of Ethereum (ETH) to break past the key resistance levels that previously hindered its price action, which has now opened the door for significant further growth.Ethereum, although, could not break past its main falling trend line, which suppressed its recent price movement, that is why some analysts continuously showed a bearish attitude...

Tuesday’s across the board pump got many retail crypto investors excited. The strong rally coupled with volatility reminded several analysts of the 2017 crypto bull market. While the pump can make you feel excited, it’s important to note that bitcoin and other large cap coins may succumb to profit-taking soon. The jaw of the crypto community dropped on Tuesday. Bitcoin along with nearly every other crypto generated a pump that has not been seen for quite some time....

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The market may be returning to an uptrend. The Bitcoin demonstrates confident growth, executing a reversal pattern. The aim of the growth may be the area near $12400. Other coins are also trying to rise. The leader here is the Bitcoin SV that has escaped a flat. As a rule, at such moments the...

DASH sees an epic 46% price surge over the past 24 hours, bringing the price for the coin up to $120.Against BTC, DASH has rocketed above 0.01 BTC and climbed much higher toward 0.013 BTC.DASH has now increased by a total of 183% over the past fortnight, allowing the cryptocurrency to rise into the 12th ranked position.Key Support & Resistance LevelsDASH/USDSupport:  $113, $107, and $100.Resistance: $124, $140, and $147.DASH/BTC:Support: 0.0131 BTC, 0.0117 BTC, and 0.01 BTC.Resistance:...

The majority of voters in a recent poll think that Bitcoin will surpass its all-time high of $20,000 in 2020. This comes just one day after an impressive price surge of almost 8%, confirming the generally positive sentiment in the community.2020 – A New BTC ATH?The cryptocurrency market experienced a serious price increase yesterday, as the total market cap surged by nearly 10%. Bitcoin was among the leaders in the move, recording a 7.5% gain throughout the day that took it from $8,100 to...

Advancement in technology has resulted in advanced strategies that criminals and terrorists use to pounce on innocent victims. Due to companies’ privacy policies, some manufacturers of the gadgets used by the crime perpetrators end up withholding crucial information to help perpetrators. One such company is Apple Inc.After the December 6, 2019, terrorist attack on a Florida Navy base, it emerged that the criminal used iPhones for part of his plans and communications. Since then, Apple is...

S&P 500 may rise by at least 15% this year. This is what top investment analyst Simon Fentham-Fletcher thinks. He is the Chief Investment Officer of Freedom Asset Management. Simon said this when he indicated that now it’s time to take profits. He also urged caution when doing so. In an interview, he said:“I’m actually starting to think about trimming back some of the exceptional gains we had last year and coming through into this.”“So from my perspective, yes, I think it is time to start...

South Korean automobile giant Hyundai has recently unveiled its new premium segment SUV called the Genesis GV80. This is the first sports utility vehicle from Hyundai from its Genesis collection. According to reports, Genesis will directly compete with the like of Lexus, Porsche, and BMW operating in this segment.Moreover, the design looks quite bold and distinct and comes with the collaborative efforts from Genesis’ Korea, Europe, and the U.S. office. The GV80 also hosts some premium...