Markets

The tech giant Microsoft announced yesterday that its CEO Satya Nadella had been named chairman of the board.Microsoft Corporation (NASDAQ: MSFT) stock is trading today at around $258.06 (+0.26%) following the announcement that Chief executive officer Satya Nadella has been appointed as its new chairman, in place of John Thompson.Microsoft Corporation stock has always been deemed a finished product and unlikely to produce anything great in the long run because they are already big. Many...

Elon Musk should study more bitcoin mining as the cryptocurrency is actually a lot greener than people believe, commented Kraken’s CEO, Jesse Powell. In a recent interview, the executive also admitted that the crypto market has cooled off after the latest bull market. Musk Should Study More BTC Mining Tesla’s CEO made the news last month after the EV-maker disabled bitcoin payments citing environmental concerns. Musk started to frequently bash the high energy consumption...

Pantera Capital CEO said that Bitcoin is selling for 36% below the fair value.Chief Executive Officer of Pantera Capital, Dan Morehead has urged newbies and investors who wish to purchase Bitcoin, to do it now. According to the CEO, the Bitcoin market is currently below trend and described it as the best time to buy for new investors.The Pantera boss on social media platform Twitter yesterday, tweeted a chart which showed Bitcoin’s deviation from the 11-year trend and highlighted the fact...

EOS seems to be forming a decent support base above the $4.50 level against the US Dollar. The price is currently testing the $5.05 zone and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $5.05 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a steady increase above the $5.25 and $5.50 resistance levels. EOS price is forming a base for a move above $5.50 against...

Traders and token holders of all kinds can now earn massive rewards on the dDEXX liquidity pools and yield farms. June 16th, 2021 — Fresh off the recent acquisition of the dVest Project portfolio and launch of the DeFiVest liquidity protocol, CPI Dev Team, Ltd. — the parent company of the Crypto Price Index project — has announced the launch of the dDEXX Automated Market Maker (AMM) based Decentralized Exchange (DEX) on the Binance Smart Chain. In addition to the...

Litecoin price started an upside correction from the $150 support against the US Dollar. LTC price is just trading above $165 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $176 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $176 and $180 to start a fresh increase in the near term. Litecoin price is struggling to clear $175 and $180 against the US Dollar, unlike bitcoin....

Two weeks ago, Miami, Florida saw itself hosting the world’s biggest cryptocurrency and bitcoin conference the world has ever seen. Now, new coronavirus cases are popping up amongst attendees. Coronavirus Hits BTC Fans Approximately 12,000 tickets were sold to the event, and people from all corners of the world – including Europe, a continent hit particularly badly by the virus – flew into Miami to discuss the world’s greatest digital currency by market cap. The event...

Leading crypto exchange Coinbase has partnered with a 401(k)-plan provider known as For Us All to give its employees the chance to use their retirement funds to invest in crypto. The idea is to ensure that all employees of the digital trading giant are not just working in the crypto industry but taking advantage of it as well and benefiting from all it offers. Coinbase Employees Can Now Take Advantage of Crypto Individuals will have the opportunity to invest as much as...

Despite the most recent price fluctuations with bitcoin, whales have not been deterred from accumulating sizeable portions. Buying 100,000 coins in less than a month, they now own almost half of the circulating supply. Whales Own Almost 50% of BTC in Circulation Bitcoin whales are typically separated into a few groups. Perhaps the most active one comes from wallets containing between 100 to 10,000 bitcoins. Sometimes, their behavior can determine the price action in the...

The emergence of new projects is usually preplanned with potential target markets in mind. While Africa is often seen as an untapped market, China is arguably the right region for massive scaling.The evolution of trading platforms has taken the digital currency ecosystem to a whole new level. This has stirred broad crypto-economics around the multitude of tokens out there. Today, innovations become enshrined as the new normal in the crypto ecosystem. Based on this, decentralized exchanges are...