Markets

Bitcoin price is consolidating above the $8,000 and $7,800 support levels against the US Dollar.The price is facing a strong resistance on the upside near the $8,350 and $8,400 levels.There are two key bearish trend lines in place with resistance near $8,350 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $8,350 resistance or it might decline further below $7,800.Bitcoin price is facing a strong resistance near $8,350 and $8,400 against...

Der weltweit grösste Bitcoin-Exchange Binance hat vor Kurzem ihren US-Amerikanischen Ableger Binance.US gestartet. Binance gilt als die weltweit größte Plattform, die einen Handel von Kryptowährungen ermöglicht. Die Krypto-Exchange hat nun am 24. September ihren US-Amerikanischen Ableger gestartet. Der Launch der neuen Plattform soll die Einhaltung aller regulatorischen...

The stocks of Microsoft Corp. rose 0.033% on Tuesday after Jefferies analyst Brent Thill said the next phrase:“It’s time for software investors to get picky.”Thill picked up the company’s coverage of the software sector at the beginning of the week with a swirl of rating and price target changes “to be more defensive in light of valuation and macroeconomic concerns.”In his research note, Thill says he remains positive on the software industry in general. But he highlights that there has to be...

The past week was concerning for Bitcoin bulls, as the BTC price plunged below $8,000. The volatility around this price level and the technical behavior observed on the charts gave traders plenty of room to work with.Fears of a potential return to the bear market also increased this week as the price continued to fall. There are, however, optimists who think that the correction is healthy for the market. In addition, the saga involving Tether and big market manipulation also added to the...

The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is generally regarded as unsupportive of the sector especially with its repeated disapproval and postponement of its decision to allow Bitcoin Exchange Traded Funds (Bitcoin ETF). However, an executive from Bitwise Asset Management seems to believe strongly that the upcoming SEC ruling will come in the company’s favor.Speaking to CNBC on its ETF...

BitcoinBitcoin’s price is shuffling around $8,000 which is also the support in this range. The situation hasn’t changed a lot since the previous week. Resistance is built around the 200MA at $8,400. The triangle that we see on the chart becomes bearish. Breaking the trend will change the picture. Taking into account all the increases during this year, when we saw sharp corrections they were usually followed with attempts to surge back up, especially in light of quick declines as it was this...

PopSugar Inc an American media and technology company that is also the parent to the media property PopSugar, the shopping platform ShopStyle, and a monthly subscription business PopSugar Must Have was acquired by Group Nine, on Tuesday.The companies said the latest acquisition happened with a belief that they can spread their network and arrange a bigger scale in order to do better in selling online ads (Facebook and Google are rulers in this field so far).Sources familiar with the whole...

Anybody who knows anything about the U.S. Stock Market is already familiar with FAANG. An acronym for the five biggest, most popular and impressive tech stocks with significant performance, FAANG stocks have been trailblazers for more than a few years now.They’ve been so certain that people have largely formed a habit of buying into any of the five companies – Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google’s (GOOGL) parent company, Alphabet – as a completely sure way of...

Tron price is gaining momentum and it recently climbed above $0.0150 against the US Dollar.TRX price is currently testing the $0.0165 resistance and it could rise further in the near term.There is a crucial bullish trend line forming with support near $0.0150 on the 4-hours chart (data feed via Bitfinex).The price could surge towards $0.0180 or $0.0185 once it surpasses the $0.0165 resistance area.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price is likely to...

Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...