Markets

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBitstop is propelling the Bitcoin terminalsThe BTC will become successful only if it is used in real life — BakktOn W1, the Bitcoin keeps developing an impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth balancing the price. Perhaps the new ascending impulse coming soon will not be as large, however, before that we will see the renewal of the minimum. The...

Ethereum (ETH), the largest altcoin by market capitalization, rose 4.5% at the time of publication, trading at $ 151.00. The total cryptocurrency market limit was $ 205.5 billion, due to losses that previously sent it below $ 190 billion.Ethereum value has been very missing recently in spite of strong establishments and a developing decentralized ecosystem. The second-biggest crypto resource on the planet is so miserably attached to its more seasoned siblings that it might take some time...

While major economies across the globe are pushing for blockchain adoption, Asia’s third-largest economy India is having similar plans. As per the latest report from India Times, the government of India is working on a national blockchain strategy.On Wednesday, November 27, the publication reported that India’s Ministry of Electronics and Information Technology (MeitY) is considering the application of blockchain technology across multiple sectors like banking, governance, finance,...

Multinational banking and investment institution JP Morgan has expressed extreme confidence in the possibility that stocks in the Asian market will perform quite impressively as 2019 ends and 2020 begins. The company believes Asian equities are going to blossom, specifying that India and South Korea are fully set to take the lead.Speaking to CNBC on Monday, JP Morgan’s head of Asia ex-Japan equity research James Sullivan, said the JP Morgan camp is “bullish on Asian equities”, suggesting...

One of the most influential people within the cryptocurrency community, Changpeng Zhao, recently spoke about the current and future state of blockchain and cryptocurrencies, in general. The founder and CEO of Binance shared his opinion on the market, the prices, and his belief that blockchain will have a more significant impact on the world than the internet.Blockchain’s Impact On The WorldIn a recent interview, Changpeng Zhao, the CEO of the largest cryptocurrency exchange Binance, said that...

Vinted has recently finished its funding round led by Lightspeed Venture Partners, previous backers Sprints Capital, Inside Venture Partners, Accel and Burda Principal Investments. The startup raised a total of $141 million and reached a total valuation of $1 billion. Since the startup is from Lithuania, it is now the second unicorn startup coming out from the Baltics. Previously, an Estonian startup Taxify, which now has rebranded to Bolt had reached a valuation of $1 billion.The company...

The Bitcoin price movement over the last week has sent jitters among crypto investors. In the last seven days, the BTC price crashed to $6600 hitting its six-month low. But Bitcoin has bounced back quickly trying to consolidate above $7000 levels.In the last 24 hours, the Bitcoin price is on a northward trajectory surging nearly 10% above $7500 level. At press time, Bitcoin is trading at $7551 with a market cap of $136 billion. This much-needed relief rally has recently got investors’ hope...

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...

Bitcoin went on a wild ride in the past 24 hours. The cryptocurrency began the day trading at around $7,100 only to drop down to about $6,850 in a sudden move south. However, bulls took it from there, and the BTC price shot up to $7,660, which was also the daily high.Currently trading at around $7,500, Bitcoin has managed to retain its price above the significant resistance area between $7,300 and $7,400. As Cryptopotato reported yesterday, the next resistance to watch lies at $7,700, and for...

Litecoin price is recovering nicely and trading above $45.50 against the US Dollar.LTC price is currently trading near a major resistance area at $48.80 and $49.20.There is a significant bearish trend line forming with resistance near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to surge higher once it clears the $49.20 and $50.00 resistance levels.Litecoin price is attempting a crucial upside break against the US Dollar and bitcoin. LTC price...