Markets

Bitcoin, once again, shocked the world last weekend when it surged with 42% in less than 24 hours. However, with that event behind our backs, Bitcoin’s volatility has been declining.After touching $10,350 last week, the price corrected and is currently around $9,200. It appears that the cryptocurrency is locked in a fairly tight range, and we haven’t seen any notable price movements during the week. This is precisely why it might be the case that Bitcoin is, once again, setting the stage for...

Bitcoin, also known as “digital gold,” has outperformed gold every year since 2011. Given the large discrepancy in the market capitalization between bitcoin and gold, bitcoin has more potential to grow over the short to medium term than gold. So far into 2019, contrary to popular belief, bitcoin has failed to demonstrate the characteristics of a safe-haven asset. According to OnChain Capital founder Ran NeuNer, bitcoin, sometimes described as “digital gold,” has outperformed the...

The past weekend was crazy even for the most experienced crypto traders, who couldn’t remember when was the last time they saw a 42% change in the price of Bitcoin in under 24 hours took place.Since then, Bitcoin’s raging volatility had been declining as the weekdays passed, and now, precisely a week since the colossal $4,000 price surge, it looks like the next move is a matter of hours, maybe 1-2 days.At least one sign is pointing bullish – Bitcoin kept above the significant 200-days moving...

After years of so much speculation, the Diablo 4 video game has been announced by Blizzard Entertainment. And yes, it happened after so much speculation on whether it would ever be created. As it was expected, this was made open at the Blizzcon 2019 where the Diablo 4 was unveiled as a sequel to the Diablo 3. It comes packed with all the fun and adventure that gamers are meant to experience.In a cinematic trailer, we see the return of Lilith the daughter of Mephisto who is the Lord of Hatred....

Changpeng Zhao, der Chairman von Binance, stellte eine neue Vorhersage auf: Der Bitcoin-Kurs soll sich bald bei 16’000 USD befinden! Lol, price predictions are easy. It's just hard to be right about the timing. We will see $16k soon-ish. 1.4 billion people working on it as we speak. https://t.co/mf9hKpP6Js — CZ Binance (@cz_binance) November 1, 2019 Bitcoin soll nicht nur bullisch bleiben, sondern weiter ansteigen Neben einer einflussreichen Stimme besitzt der CEO von...

In the last few months, Bitcoin futures trading is on the rise, beating up to 50% of the total spot market on 13 well-known exchanges. The futures market helps to keep the price less volatile, and it increases liquidity via the attraction of new investors. Wise actors always made predictions that cryptocurrencies would co-exist with the current banking and stock markets. They are not doing any substantial harm to banks and classic exchanges. Instead, cryptocurrencies add fungibility and...

Stellar saw a sharp increase of around 8% over the past 24 hours and it currently trades at $0.068. The cryptocurrency went on a nice run in the second half of October after increasing by a total of 17% over the last 30 days.Stellar is now the tenth-largest cryptocurrency with a market cap of $1.39 billion.XLM suffered over the past 3 months after dropping by a total of 63% from June’s high to September’s support at $0.053. XLM rebounded here and started to ascend during October. The...

About a week ago, rumors regarding Google’s parent Alphabet’s decision to acquire American wearable maker Fitbit, surfaced online. Now, Google has officially confirmed that it will buy the Fitbit company in a new deal worth $2.1 billion. This move from Google can be said to be one in the direction of the tech giant’s desire to hold a larger stake in the wearables business, an area mostly dominated by a rival company Apple.An official statement from Google’s Senior Vice President for Devices...

Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their...

Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...