Markets

Bitcoin saw a great few days following the B Word event where Elon Musk, Jack Dorsey, and Cathie Wood spoke quite fondly of it. It’s up 15% in five days, and it appears to be preparing for a test of $34K. Bitcoin Price Gaining 15% In a Few Days This was a very turbulent week for bitcoin’s price, which didn’t seem like it was off to a good start a few days ago. In fact, on Tuesday, the price plummeted down to around $29,200, causing nothing but fear and panic in the market....

Bitcoin is in a very dark place at the time of writing. After trading for a new all-time high of $64,000 per unit in mid-April of this year, the currency has once again (for the second time in the past few months) dropped below the $30,000 range and is now trading for just over $29,000. This means that in just three months alone, the world’s number one digital currency by market cap has lost more than $35,000 off its price and more than 50 percent from its value. Bitcoin...

Der Kauf und Verkauf mit Kryptowährungen wie dem Bitcoin ist risikoreich und kann zugleich sehr lohnend sein. Wie bei jeder anderen Tradingform gibt es auch beim Krypto-Handel keine Gewinngarantie. Es gibt jedoch verschiedene Strategien, die die Gewinnchance erhöhen und eine profitable Möglichkeit darstellen, Geld zu verdienen. Mit der richtigen Strategie ist es sehr wohl möglich, den Lebensunterhalt mit dem Handel von Kryptowährungen zu verdienen, es ist jedoch genauso...

Despite its recently rocky relationship with global regulators, leading cryptocurrency exchange Binance has revealed that its U.S.-based division, Binance US, is considering going public. Binance US Considers IPO Changpeng Zhao (CZ), founder and CEO of Binance, made this known at the ReDeFiNE Tomorrow 2021 blockchain virtual conference. Speaking on the future plans and the regulatory issues that his exchange has been facing, CZ hinted that Binance US is looking to go public...

A panel of crypto experts alleges that bitcoin – the world’s number one digital currency by market cap – will potentially remove fiat currency from circulation by the year 2050. This basically gives bitcoin approximately 29 years to become the primary financial product of the world. Bitcoin Is Rising to the Top On the one hand, this certainly seems possible. 29 years is a long time, and a lot can be accomplished within that period. On the other hand, is it really all...

It’s safe to say that this was a rather intense week in the cryptocurrency market, despite Bitcoin being only about 2% up throughout the period. Things started off rather calmly, and the market was pretty flat until Monday. Bears took control and brought the price down to slightly above $30K before landing the final blow on Tuesday and pushing BTC below $30,000. It was on Wednesday, though, when the highly-anticipated B Word event took place, which saw Elon Musk, Jack Dorsey,...

[PR – Tallinn, Estonia, 22nd July, 2021] CoinSwap Space, a decentralized exchange on the Binance Smart Chain, this week announced the option to stake their native CSS token and earn rewards in ADA. This new feature, along with the ability to earn rewards in ETH and LINK, is one of a trio of staking options for CSS that have recently been launched. These new staking offer users rewards in major crypto tokens to allow them to minimise risk through the volatility the market is...

Binance US will be competing for a public spot proceeding despite facing allegations from global regulators. Binance US which is a cryptocurrency exchange operating in the American market will opt for an IPO way to go public. The firm is currently in the process of navigating heavy regulatory concerns and crackdowns. Binance CEO Changpeng Zhao has commented on the possibility of the firm listing on an IPO and communicated possible plans of the company concerning regulatory requirements and...

The automobile giant is also working to establish eight giga-factories that will manufacture the cells for its electric car batteries. Besides, Mercedes also plans to set up a network of Plug & Charge Stations.Automobile giants are making all efforts towards their shift to electric vehicles. On Thursday, July 22, Mercedes parent company Daimler announced that the brand will go all-electric by 2030.The latest decision comes as Tesla continues to eat into the market car of these automobile...

The recent trend noticed in terms of investment in blockchain technology has affirmed the fact that despite the deterioration registered in the crypto market, it is still deemed as a vital and promising area for investors to float their money in.Investors have been taking a keen interest in funding blockchain startups helping them raise $4.4 billion despite noticing a sharp decline in generalized crypto prices. Blockchain technology is the foundational technology for cryptocurrency...