Markets

Ethereum price is sliding heavily and recently tumbled below $140 against the US Dollar.ETH price is showing a lot of bearish signs below $138 and $135.There is a crucial bearish trend line forming with resistance near $138 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses below the $130 support level in the near term.Ethereum price is down and out below $135 against the US Dollar. ETH/USD is likely to continue lower as long as it is below the...

After two weeks of consolidation steadily above the $7000, Bitcoin broke below. If you were following the recent price analysis posts here, you would not be surprised.Bitcoin was showing weakness, not being able to overcome the mid-term descending trend-line (shown both on the following 4-hour and 1-day charts).Aside from this, the long positions are mysteriously increasing to their all-time high. This is definitely not a good sign for the bulls, as they are already smelling the long...

Mark Cuban has never been a fan of bitcoin. He’s not afraid to hide his feelings, nor is he afraid to speak his mind when it comes to the popular – yet somewhat controversial – digital currency.Mark Cuban: People Aren’t Using BTCIn a recent interview, Cuban again took a stab at the number one cryptocurrency in the world by market cap. He says that at the end of the day, it only has one real problem – people aren’t using it.Right now, bitcoin is mostly used for speculation. A means of growing...

In the modern world with an incredibly high level of technological development more and more people use tech benefits in building their careers. Instead of daily commuting to and from work, they choose to freelance. Some are quite skeptical about such a way of earning money and believe that freelancing is more about something you do when you can not get a real job. However, they are wrong, and we are going to prove it.Freelancing is a fast and affordable way to start earning an income from...

Top investment strategist Jeff Saut has a crystal ball to predict the future as regards where the U.S. markets are headed. Sources indicate that in spite of the new highs that stocks have been reached in the past few years, many investors are still overly cautious. They are afraid that the “ball will drop” and that markets will reverse course in a new global financial crisis reaching levels that occurred only just a decade ago when the United States Sub-Prime Mortgage markets went bust.Jeff...

Since Bitcoin is picking up footing in the prevailing press, numerous doubters and business analysts have guaranteed that the crypto space takes after the Dot-com blast and downturn in the early years.Bitcoin is exchanging simply above $7,000, 70% lower than its ATH while reliably recording BTC strength at 70%. As indicated by an exhaustive investigation, the long term Bitcoin could drop to $1,000 which shows comparative examples for the NASDAQ dot-com bubble. A bounce-back can give a...

Institutional investors could give bitcoin a last-minute ditch after positive developments in the ongoing U.S.-China trade war. Capital is moving out of haven assets like gold and the Japanese yen to join risk-on markets. The bull run in stocks could continue in 2020. Easing trade tensions between the United States and China is making bitcoin a less-attractive haven asset for investors. The benchmark cryptocurrency has fallen by roughly 20%, or $1,700, since Oct. 11 – the day Donald Trump...

The U.S-based mass media and entertainment conglomerate Walt Disney is now enjoying the success of its latest animation movie Frozen 2. According to media reports, Frozen 2, which started to set records just after the release, has crossed a whopping $1 billion in global box office collection.This is also the third movie from Disney Animation (and sixth from the overall Disney group) this year which has crossed a billion-dollar mark. The other five movies that have achieved this milestone...

The German automaker Daimler AG’s brand Mercedes-Benz decided to postpone the presentation of its latest electric vehicle in the United States after the sales for electric SUVs by Audi and Jaguar came to be pretty disappointing.The introduction of the EQC crossover model, the first-ever electric SUV by Mercedes Benz, to the U.S. will probably happen in 2021, a year later than previously expected.As per the company’s official statement, Europe is the ever-growing market for the new model and...

Uber wants to increase its investments in the micro-mobility industry, especially in Europe. Apparently they believe that the demand for this kind of service will only increase. “We want to double down on micro-mobility. We have seen how beautifully it works with our core business and ride-sharing, and want to invest more and deeper, especially in Europe,” commented Christian Freese, the head of EMEA at Jump.In 2018, Uber bought Jump – a bike-sharing service based in the U.S. Ever since then...