Markets

Tencent Holdings Ltd, one of China’s biggest firms, generally has its hands in a little bit of every pie including gaming and sports. However, it would seem like there are dog days ahead for the giant firm, following a simple tweet in support of protests in Hong Kong.Back in 2018, Tencent successfully bagged a heavy and expensive deal worth $1.5 billion, which gave the company fully exclusive rights for streaming access to several games in the National Basketball Association (NBA) league....

Canaan Creative, the Chinese Bitcoin mining company is all set to go public by listing its shares on the Nasdaq trading platform next week on November 20. As we have already reported, Canaan filed for its U.S. IPO on October 28, with Galaxy Digital, Credit Suisse, Citigroup and four other underwriters.Canaan is one of the biggest rivals of Bitmain in the crypto mining space. As per the report, Canaan is planning to raise around $400 million from its IPO. However, it is unclear at this stage...

The online investment platform known as BnkToTheFuture is yet again on another ambitious move and this time, its sights are fixed on the U.S. market. Knowing that without authorization from the Securities and Exchange Commission (SEC) such expansion is impossible, the company invested in a U.S. broker-dealer that has the full license from the SEC to conduct its security token offering business (STOs) in the United States.This move was made known to investors in a statement released on Nov. 7,...

CoinMarketCap was established back in 2013, and it has seen a wild history full of glory and shame. We won’t be coming back to all the episodes of CMC rising. Let’s say it is exciting. Within this piece, let’s talk a bit about their recent improvement. Coinspeaker loves improvements, and here’s the one you should at least know about.CoinMarketCap Liquidity Matter More Than Fake VolumesCMC introduced its new service for measuring exchanges liquidity, which is a new primary metric that they are...

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...

To stay ahead of the competition, PrimeXBT is always seeking new ways to bring profitability to traders, or to improve the overall trading experience by listening to feedback, regularly updating the platform, and constantly releasing new, innovative features, additional assets, and much more. PrimeXBT provides traders with the most advanced tools and reliable trading engine on the market. But there is so much more what makes PrimeXBT the top platform for traders of any experience level. Here...

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...