Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
Read More »Native Token: How crypto exchanges use their own tokens
Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
Read More »Google Acquires Game Developer Typhoon Studios to Boost Its Stadia Platform
Tech giant Google seems to be putting a special focus on boosting its Stadia games and entertainment platform. On Thursday, December 19, Google announced acquiring the Montreal-based game development platform Typhoon Studios.Typhoon is a very young platform that started just three years back. The Studio has scheduled its first and upcoming release dubbed “Journey to the Savage Planet” in January 2020. Besides, the title shall be available on multiple platforms. Also, it is very much likely...
Read More »Billionaire Venture Capitalist: Bitcoin Price to Skyrocket to $250,000 After May 2020
Billionaire venture capitalist Tim Draper says the bitcoin price will skyrocket to $250,000 soon after the May 2020 ‘halving’ event. As astounding as that sounds, Draper’s projections are in line with bitcoin’s historical trend. Draper correctly predicted the ‘crypto winter’ bear market of 2018-2019 in September 2018. He’s made over $200M from BTC so far. When Tim Draper talks about good tech investments with enormous profit potential, markets listen. Some of the Silicon Valley...
Read More »Nike’s Quarterly Earnings Rise by 35% Driven by Jordan Sales
Footwear maker Nike’s quarterly earnings have risen by 35%. Fans of the limited edition Jordans brands have been going to the stores and have even ordered clothing online. According to the earnings release, the footwear maker indicated that the Jordan brand just hit its first billion dollars in one quarter buoyed by innovation in designs and increased attention given by the shoppers to the basketball-related activities in niche markets that include international sales and women’s basketball...
Read More »Turbulent Week For Bitcoin’s Price, Volatile Christmas Coming Up? The Weekly Market Update
December is almost over, and it’s safe to say that it has been action-packed. Over the past week, Bitcoin’s price went on a rollercoaster, dropping to a low of around $6,500 only to correct to approximately $7,200 where it currently trades, leaving many to question whether the bottom was already in. Looking at the bigger picture, however, one year ago, Bitcoin was trading at around $3,122, which means that it has managed to more than double its value.It’s worth noting that while the price was...
Read More »Blockchain Analyst Arianna Simpson Predicts Staking Market Centralization
According to Arianna Simpson, founder and managing partner at ASP, Binance just increased the heat on the staking market. It offers 0% staking fees for the XTZ fans, a week after Coinbase‘s announcement of XTZ support. This is the beginning of a staking war, where centralized players take operational costs on themselves and achieve brand recognition, new clients and centralization of the future market.1/ Coinbase adds automatic staking for XTZ, and less than a month later, Binance introduces...
Read More »Crypto Price Analysis & Overview December 20th: Bitcoin, Ethereum, Ripple, Litecoin, and Binance Coin.
BitcoinBitcoin went through a rollercoaster of price action this week. On Monday, the cryptocurrency started to fall, and it dropped by a total of 10% by Tuesday to reach a low of $6,430. However, after that, it rebounded higher, gaining a total of 15% to climb back above the $7,000 level and reach the current support of $7,125.If the buyers continue to drive the coin higher, an initial resistance is expected at $7,400. Above this, resistance lies at $7,686 (bearish .382 Fib Retracement), and...
Read More »Bitcoin Stabilizes Above $7,000 As Dominance Continues To Rise: Friday Crypto Market Watch
After going through another volatility earlier this week, which pushed its value down to as low as $6450 on major exchanges, Bitcoin has made a quick recovery above $7,000 and is currently trading at $7,200, indicating a 1.12% gains on the daily chart. Meanwhile, Bitcoin’s dominance continues to increase and it stands at 68.3%. This week’s drop didn’t only cause panic among traders but also turned the entire market into a red zone. Bitcoin’s quick recovery, however, has given a sense of hope...
Read More »This Is Why the Stock Market Is Not Affected by Donald Trump’s Impeachment by the House
On the 24th of September, the Speaker of the United States House of Representatives announced an official impeachment inquiry opened against sitting President Donald Trump. The issues against him ranged from obstructing Congress to some foul play in his recent dealings with the president of Ukraine, Volodymyr Zelensky. Even though Trump is yet to be removed from office, the president has now been impeached by the House and reactions have begun to pour in. Interestingly the stock market has...
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