Markets

E-commerce retailing giant Amazon is planning to expand its reach in the food industry and open a new brand of grocery store. As CNET has reported, a new grocery store will be opened in Woodland Hills, California, in 2020.Amazon spokesperson said:“Amazon is opening a grocery store in Woodland Hills in 2020.”When asked about Whole Foods acquired by Amazon for $13.7 billion in 2017, the company has stated it is going to make a new brand totally different from this network and Amazon Go...

Photo: GCOX / InstagramIn September of this year, a famous boxing figure Manny Pacquiao rolled out his own cryptocurrency dubbed PAC token. Starting from today, the token is available for purchase on Singapore’s Global Crypto Offering Exchange (GCOX).How Does PAC Token Work?PAC token was launched by the boxing legend and Philippines politician Manny Pacquaio as a way to get closer to his fans. Listed on GCOX, the PAC token can be used by millions of boxer’s supporters worldwide not only for...

Most Bitcoin traders’ open positions were threatened yesterday by a swift and sudden spike in Bitcoin prices between 11:15 am Eastern and 11:21 am Eastern. Bitcoin prices increased from $8,787.11 to $9,123.34 within that time range. Insiders and cryptocurrency enthusiasts attributed the sudden spike to liquidations of short positions worth about $58.04 Million.Most of the gains made at the start of trading were retained but before the end of trading the support price of $9,000 was defeated...

Tron price is facing a major resistance near the $0.0200 and $0.0204 levels against the US Dollar.TRX price is struggling to stay above the key $0.0185 support area.There is a major bearish trend line forming with resistance near $0.0195 on the 4-hours chart (data feed via Bitfinex).The price could start a substantial decline if it fails to stay above the $0.0185 support area.TRON price is trading in a contracting range against the US Dollar and bitcoin. TRX price remains at a risk of a...

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Over the past days, we saw the Bitcoin price decreasing slowly, but staying steady around the $8700 – $8800 price range.Ignoring the “Bart” pattern price manipulation over the weekend, Bitcoin had been trading at the mentioned range over the past four days.On our recent Bitcoin price analysis, we had mentioned precisely where the positive correction could reach out: “In my opinion, the correction can also reach $9000 – $9100 (Fibonacci levels 61.8% and 78.6%).”As could be seen, the $9150 was...

Ethereum price is struggling to surpass the $192 and $194 resistance levels against the US Dollar.ETH price is somehow holding the key $182 and $180 support levels.There is a major bullish trend line forming with support near the $184 level on the 4-hours chart (data feed from Coinbase).The price could start a sharp decline if it fails to stay above the $182 and $180 support levels.Ethereum price is showing a few bearish signs below $192 against the US Dollar. However, ETH price is still...

The venture hopes that with top guards surrounding the warehouse, security cameras, and iron doors, it will make the vault unbreakable. Bakkt is already setting the all-time highs with cryptocurrency trading. That’s why it will facilitate pentesters and third-party auditors to avoid hacks and other dangers at all costs.In the past, clients were able to trade Bitcoin futures. But only that. After receiving approval from the NYDFS, Bakkt sets everything to change. Now, accredited investors from...

Ripple (XRP) saw a small price drop of approximately 1.6% over the past 24 hours, and it currently trades at $0.2739. This price fall comes after XRP rolled over at the $0.30 level and dropped by 6.5% over the past week as the cryptocurrency trends lower.The drop in the value of XRP is mainly because of the recent $400 price decrease in Bitcoin over the past day. XRP remains the third-largest cryptocurrency with a market cap of $11.91 billion.Looking at the XRP/USD 1-Day Chart:Since our...

Treibt Microsofts Ethereum-Plattform bald die ETH-Preise in die Höhe? In der letzten Zeit verband Ethereum-Nutzer vor allem Unsicherheit. Als Ursache lässt sich insbesondere ein schleppender Markt anführen. Der technologische Fortschritt und die Unterstützung durch Microsoft könnten Ethereum nun allerdings zu einem Kursanstieg verhelfen. Test-Launch von „Azure Blockchain Tokens“ Wie Microsoft kürzlich bekannt gab, entwickelte der IT-Gigant...