Markets

Apple Inc. is already working on a new and cheaper iPhone. The new iPhone will enter its production stage sometime in February, according to a Bloomberg report. If all goes well, it will be released before the end of the first quarter of 2020.Features of the New iPhoneCiting people familiar with Apple’s plan, Bloomberg has revealed a few features for Apple’s forthcoming offering. The report says that the phone will resemble the iPhone 8 which was released back in 2017. It will also come with...

Ripple Labs is currently involved in a serious legal battle, as we have already reported. However, it doesn’t prevent the company from being rather positive about its future. And there are some grounds for it.The World Economic Forum 2020 kicked-off yesterday, January 21, in Davos, Switzerland. As expected, global leaders met during the first day of the event with the U.S. Treasury Secretary Steven Mnuchin speaking on the transformation of the payments industry.Muchin said that the U.S....

After last week’s surge to nearly $9,200 and the following retracement, Bitcoin has been trading mostly in a range between $8,500 and $8,750. Yesterday, it noted a quick dip to $8,480 on Bitstamp and immediately surged back to over $8,700, which is where it currently stands.If Bitcoin’s bullish 2020 price movements are to continue, it has to break the first major resistance level of $8,730, which is also the 38.2% Fib level. If successful, $8,900 will follow, which is the Golden Fib of...

In the past years, the financial market was controlled by stocks, bonds, shares, and other valuable assets. Nowadays, the cryptocurrency market is gaining popularity in the entire financial community. Cryptocurrencies like Ripple have been launched to effect a significant change in how the industry works. Because of its volatility or price movement, many market players are interested in the level of profits they can obtain from their crypto investments.However, you must understand that crypto...

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...