Markets

In an incredible and slightly confounding turn of events, Bakkt’s bitcoin Futures volume has soared as much as 796% to a new all-time high (ATH). This is a far cry from previous volumes and a bullish sign of revival for Bakkt following its lackluster beginnings. Launching some two weeks ago, Bakkt day one performance showcased a tepid day-one volume of just 72 BTC. Given the hype and anticipation around the launch, this left a lot to be desired. Since then, the daily volume has fluctuated...

Ripple CEO, Garlinghouse, has sounded an alarm geared at calling the United States government to action, reiterating that China’s goal with the CBDC is to destabilize the US dollar. The CEO urged the government of the United States during an interview with Fox Business to be at the forefront of the crypto revolution, instead of China.Garlinghouse talked about the tech boom back in the early 2000s and how the US took control of the industry and benefited immensely from that...

As far as the stock market is concerned, Apple (AAPL) has had a pretty great 2019 so far. Already Apple’s stock has surged more than 43% this year alone, easily crowning it as the best performing stock in the Dow Jones Industrial average. Consequently, even though the Microsoft Corporation (MSFT) has a larger market cap, Apple has so far performed better and also beat out other FAANG stocks including Amazon, Netflix, Facebook, and Google’s parent Alphabet.One of the major reasons ascribed to...

Last month on September 23, crypto exchange Binance launched its U.S.-based subsidiary Binance US with the top seven cryptocurrencies available for trading upon launch. The Binance US platform is specifically tailor-made for Americans that functions under regulatory norms and rules.The Binance US platform adopts cutting-edge trading and wallet technology from its parent platform. Recently, to include more trading options, the Binance US has announced the listing of two new altcoins –...

Even though there might be more than a few worthy contenders, Google (GOOGL) is one of the world’s most popular companies and has been that way for many years. However, If we decide to narrow down the “qualifiers” to just tech or internet companies, then the number of contenders drastically drops, leaving Google somewhere in the first few. The tech giant with its hands in several cookie jars is also one of the world’s most successful companies.Google is currently into software and hardware...

Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...

EOS price is slowly climbing higher and it recently broke the $3.000 resistance against the US Dollar.The price is currently correcting gains, but it remains supported near $3.050 and $3.000.There is a crucial bearish trend line forming with resistance near $3.280 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could rise steadily once there is a clear break above the $3.300 resistance area.EOS price is trading with a positive bias against the US Dollar and...

The bullish divergence mentioned in yesterday’s analysis, along with the descending wedge’s breakout three days ago, is so far not disappointing for the price of Bitcoin. Shortly after yesterday’s update was released, Bitcoin surged $400 exactly to our marked resistance of the MA-200.Many traders consider the 200-days moving average line, which is marked in light green on the following BTC daily chart, as the distinguish between Bull and Bear markets. Since September 26, Bitcoin was trading...

Litecoin price started an upside correction after forming a base above $52.50 against the US Dollar.LTC price is currently consolidating above the $57.50 level and it could slowly climb higher.There was a break above a key bearish trend line with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip a few points, but it is likely to climb towards the $62.50 and $64.00 resistances.Litecoin price is showing a few positive signs against the...

Photo: CoinspeakerRecently, Binance has announced that they will add two more fiat-to-crypto gateways, hence WeChat and Alipay. With this move, citizens of China now will be able to purchase Bitcoin, with these two payment options. Changpeng Zhao, the CEO of Binance, confirmed this news on his Twitter account:YES https://t.co/dnHKQSLvS4— CZ Binance (@cz_binance) October 9, 2019Currently, this initiative is only in the testing phase for Android users, but will eventually come out on iOS as...