Markets

Photo: Google / TwitterTrue to form, Google delivered on many of its promises as the leaks and many expectations were met. The Pixel 4 (about it we’ve already reported) and its XL Variant offered the goods and a bit more than expected. Besides, Google seems to be going head-to-head with other technology giants with new devices. The Google pixel buds Generation 2 was totally out of this world. The buds are wireless, they enable differentiation of sounds like those on the street and co even...

It looks like no matter how hard crypto and blockchain try they can’t please everybody. The Y Combinator’s top 100 list of startups is out, and to our disappointment and dismay, only two cryptocurrency and blockchain businesses have made the cut.Y Combinator Only Chooses Two?The two businesses to earn spots on the list were Coinbase, the popular U.S.-based cryptocurrency exchange (which came in at number five), and SFOX, a crypto dealer for institutional and professional traders. Ah, those...

This week, the market continued to stagnate, but we saw some promising signs in the altcoin arena. While most of the attention was directed toward Bitcoin and whether its price support will hold, many traders’ interest seems to have shifted to altcoins.Bitcoin’s dominance rate declined since peaking at 72%, and other cryptocurrencies finally managed to reclaim some ground.Despite the fact that during the past 3 months Bitcoin’s price has shuffled up, its current price point is still...

BitcoinWe saw an attempt to break down the resistance at around the 200 MA. Support in this range holds at about $8,000. If it fails, we can expect testing lower levels and this will spell bad news for the market. The chart seems to be technically primed for a turning point.EthereumAgainst the USD, we saw attempts to return to the $200 levels. In the meantime, resistance is currently at $190 while support is at $160. The market could be testing it.Against BTC, the cryptocurrency continues to...

FeaturedThere are plenty of cryptocurrency exchanges that traders can use to receive exposure to the prices of various digital currencies. If there is one thing that the market is associated with, however, it is its extreme volatility. Hence, it’s particularly important to guarantee that your trading logs are kept perfectly.While traditional recordkeeping could still work, it’s undoubtedly challenging to make sure that all of your trades are logged properly. This is where CryptoJournal steps...

Helios Towers which is one of the key operators of towers for several mobile networks across Africa has successfully raised about 288 million pounds (or $364 million) in an initial public offering. It’s worth mentioning that IPO was delayed last year due to concerns on political tensions in key markets where the tower operator has core operations.The offering which though was supposed to be valued at $500 million was well-received in a season of low-key offerings and others which have been...

XRP saw a price increase of around 1% over the past 24 hours and it currently trades at $0.2926. The cryptocurrency has been on a tear these past two weeks after surging by a total of 17.72%, making it the strongest performing cryptocurrency out of the top 5 in the selected period. The surge has now allowed XRP to retest the $0.30 level which had provided strong support for the market all year until it was broken in July 2019. This price increase is largely a result of XRP surging against BTC...

The Central Bank of Ireland has recently granted e-money license to crypto exchange Coinbase. This gives the crypto trading platform a license to expand its financial services throughout Europe.In a blog post last Saturday, October 12, Coinbase CEO Zeeshan Feroz said that this is a major milestone for the trading platform. Besides, Coinbase also begins the first company to get a license from the Irish Central Bank.A year ago Coinbase opened up its office in Dublin. Today’s announcement will...

The financial technology industry is booming and many investors have noticed that. In that context, investment in fintech ventures in Singapore rose rapidly. The latest reports from Accenture confirm that in the first 9 months of the current year, investors in Singapore brought a record $735 million into financial-technology deals. That represents a 69% surge from the prior-year period that raked in $435 million.Accenture came up with this data after analyzing reports from CB Insights,...

If you follow some of the best traders on Crypto Twitter (CT), you would think that trading with leverage is the best way to grow your crypto portfolio. After all, some of these traders post tremendous gains in short periods of time. Active trader shows off unrealized PnL of nearly 60%. | Source: TwitterWhile these traders flex their skills, they unwittingly make many of their followers think that trading is an easy game to play. Nothing could be further from the truth. As a result, a lot...