Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%.Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow descent to the current level of $7,200 on Bitstamp.Taking a look at the technical aspects, Bitcoin could be retesting the next significant support level at $7,000. If it...
Read More »Bitcoin Price Analysis: BTC Breakdown On The Cards
Bitcoin price is under a lot of selling pressure below $7,500 and $7,600 against the US Dollar.The price is likely to tumble if it breaks the $7,200 and $7,030 support levels.There is a crucial contracting triangle forming with resistance near $7,430 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is currently struggling to stay above $7,200 and the contracting triangle support area.Bitcoin price is trading with a bearish bias below $7,500 against the US Dollar....
Read More »Lancement de LnMarkets sur le Testnet Bitcoin
LnMarkets est un accès aux produits dérivés Bitcoin via le Lightning Network. LnMarkets permet des transferts instantanés pour un trading instantané. Le trading de produits dérivés Bitcoin Aujourd’hui, l’accès aux marchés dérivés Bitcoin pour les traders retail se fait essentiellement par l’intermédiaire de places de marchés. Ces places de marché jouent deux rôles principaux : plateforme de négociation et chambre de compensation....
Read More »Aurus Will Issue a New Stable Coin Supported by Gold
Another gold-backed cryptocurrency is making its way onto the trading market. This time, the issuing company is Aurus, a digital currency startup that says it’s looking to “bridge the gap” between gold and crypto owners.Aurus: The Latest Gold Stablecoin MasterGold is widely considered a stable asset. Much like USD or other forms of fiat, gold is not known to go down in price or value during times of financial or economic strife. Thus, this new token – being that it’s backed by gold – would be...
Read More »Matic Price Drop Looks Like Binance’s Inside Job, Researchers Say
The Matic token was rising steadily during a two weeks long period and people were buying it without thinking of the possible massive price drop. However, as Coinspeaker has already reported, it happened. The project seemed successful from the start, and the investors who bought large amounts must be shocked right now. As their investments vanished and the Matic’s official response is kind of shady.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70%...
Read More »Bitcoin Price Analysis: BTC Is Locked Inside a Bearish Descending Channel, $7000 Next Target?
Our previous price analysis had identified a tight range in which Bitcoin is trading inside. Over the past hours, this range is seemingly cracking down, to the downside.For the past five days, Bitcoin was trading between $7300 to $7600. Despite a fake-out that reached the mentioned resistance area of $7700, Bitcoin was trading inside a descending channel, which can be seen on the following 4-hour chart.Adding negative indication coming on behalf of the Relative Strength Index (the RSI), as of...
Read More »Google’s Parent Alphabet Appoints Chemistry Nobel Laureate to Its Board of Directors
Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...
Read More »Virgin Galactic Stock Price May Triple Thanks to Hypersonic Travels, Morgan Stanley Says
Now we know that Morgan Stanley is one of the financial behemoths that we don’t want to mess with when they give an opinion. So many pundits in the aviation sector paid close attention when Morgan Stanley gave indications that Virgin Galactic’s stocks will soar after it gave the stock of the aviation upstart higher ratings than many pundits thought necessary. The investment behemoth’s analyst Adam Jonas explained this position:“A viable space tourism business is what you pay for today… but a...
Read More »Bitcoin Nosediving for Weeks while Chinese Glee Dims
Bitcoin, the world’s most famous cryptocurrency continued through this fall following charges from sharp pickups the previous month, plunging nearly 40% in just hours after China’s head of state made hopeful statements about blockchain innovation.The digital money started in November at $9,131.42, before hitting $9,526.17 on November 4, after which it nosedived over 30% to a month at a monthly low of $6,524.55 on November 25.Bitcoin endured some outstanding losses a month ago, after a bearish...
Read More »Apple Stock Dwarfs All Others on the Dow in 2019
Apple began the year disappointing its investors. On Thursday, January 3, Apple stock (AAPL) hit its 2019 low of $142, a 10% plunge just one day after CEO Tim Cook announced that iPhone sales had begun to decline in China. Since then, AAPL has been performing quite impressively and is now the most profitable stock on the Dow Jones Industrial Average (DIJA) as it has climbed about 70% this year alone, and hit $270.One of the factors said to be responsible for APPL’s performance is the...
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