Markets

Information determines decision-making, but details determine success or failure. That’s the main principle that should be applied to trading and in this article, we will explain to you how it works.JEX was recently acquired by Binance. After Binance’s announcement, JEX’s token rose and fell sharply in just a few days. JEX should be one of the most professional trading platforms for blockchain derivatives and the world’s first digital currency exchange for option trading which was noticed by...

At press time, bitcoin – the number one cryptocurrency by market cap – is back above the $8,000 mark following a nasty scare yesterday that saw it fall into the $7,000 range once again.Bitcoin Is Moving Up AgainMany analysts immediately took to social media and other platforms to explain the reasoning behind bitcoin’s sudden, if short-lived, demise. Jeff Dorman, chief investment officer of the asset management firm Arca, explained:The move lower is less about the magnitude and more about the...

Binance Coin saw a slight increase of around 2.14% over the past 24 hours and it currently trades at $18.50. This price increase follows a 6.62% price rise over the past week. The latest price increase could be attributed to the fact that Binance recently conducted its 9th quarterly burn for BNB. This time, over 2 million BNB was burned which is estimated to be around $36 million. The reduction in supply usually helps to bolster the price, however, the reaction is typically delayed. ...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD tech analysisEthereum 2.0 is being developed actively but the date of the launch is yet unknownECC will issue a token for the ETH blockchainOn W1, the Ethereum demonstrates a new impulse of decline in the long-term trend. The aim of that impulse in the short term might be this year minimum of $80.86, reached, however, only after a pullback. Further decline of the quotations is confirmed by the descending of the MACD...

Bitcoin is currently facing the strongest selling pressure since February. Commentators and analysts think that there is a possibility that it might drop below the recent lows near $7,750. On October 16, BTC price fell below $8,000 in fresh choppy trading after several days of consolidation and slow grind.The top cryptocurrency by market value dropped from $8,326 to $8,086 in an hour to 17:00 UTC on October 15. That confirmed a downside move in the recent trading range of $8,450–$8,250 as...

The online-streaming media powerhouse Netflix has given strong Q3 earnings numbers resulting in its stock price (309,25 USD, +8.02%) shooting northwards on Wednesday, October 16. Beating street expectations, Netflix reported a 31% jump in its year-over-year revenue which is currently at 45.24 billion.Another impressive thing is its GAAP earning stands at $1.47 per share instead of analysts’ expectations of $1.05 per share. When it comes to growth in the subscriber-base, the U.S. figures are...

It is quite challenging to determine whether digital assets should be more like the traditional fiat. However, it appears like they are moving in that direction and this is a considerable step. The crypto data provider CoinMarketCap has now launched a new page. In this page, it publishes interest rates provided by different digital assets. The new data now comes in handy in helping the users compare and select a suitable product.The page, known as “Interest by CoinMarketCap”, launched on...

Billionaire and innovator Richard Branson’s space tourism start-up, Virgin Galactic, space tourism seems to be only a few months away from its first commercial flight to space.To prove its seriousness, the company unveiled its line of ‘Under Armour’-made spacesuits for passengers to come.Jumpsuits are made in royal-blue and from lightweight “flight-grade” material that is designed in a way that keeps travelers pleasant as they speeding faster than 50 miles into the atmosphere (that’s more...

It appears that the British Prime Minister Boris Johnson has entered a dew deal with the European Union over Brexit. Sources indicate that the deal came on the sidelines of a meeting in Brussels of EU leaders. Although the legal context of the deal isn’t yet clear, the British Prime Minister has already indicated via a tweet that the deal gives control back to the British.We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on...

EOS price is down more than 10% and it broke the key $3.040 support area against the US Dollar.The price even traded below the $3.000 support area and tested the $2.820 support zone.There was a break below a major bullish trend line with support near $3.110 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a close below the $2.800 pivot level.EOS price is showing bearish signs against the US Dollar and bitcoin. The price...