Markets

Ethereum price started a decent recovery wave from the $1,700 zone against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,850 on the 4-hours chart (data feed from Coinbase). The pair is likely to correct further higher towards the $2,275 resistance zone in the near term. Ethereum price is recovering higher above $2,000 against the US Dollar....

ARK Invest, lined with Cathie Wood, a seasoned Bitcoin buyer or bull, has made an application to create Bitcoin ETF in short. ARK Invest, lined with Cathie Wood, a seasoned Bitcoin buyer or bull, has made an application to create Bitcoin’s Exchange Traded Fund a.k.a ETF in short. Using exchanges like Coinbase and the Grayscale BTC Trust, Cathie Wood has bought Bitcoin proxies in the past, but now the ingenious investor thinks and actually intends to own the digital coin. As per the SEC...

Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – and Jack Dorsey, the CEO Of both Twitter and Square, have agreed to meet at an upcoming conference to discuss the future of the world’s number one digital currency by market cap. Elon Musk and Jack Dorsey Will Discuss BTC Together Both Elon Musk and Jack Dorsey have contributed greatly – in both negative and positive ways – to the bitcoin and crypto scene. Dorsey’s...

Guggenheim’s chief investment officer Scott Minerd is predicting that bitcoin, the world’s number one digital currency by market cap, could fall to even lower levels in the coming weeks. Scott Minerd Offers a Case of Gloom and Doom for BTC During a recent interview, Minerd claimed that bitcoin has not bottomed out yet, despite losing approximately 50 percent of its value since mid-April. He says that he is confident the price of BTC could drop to about $15,000 at some...

The financial analyst and Global Head of Equity Strategy at Jefferies – Christopher Wood – opined that the Chinese officials want no competition for its digital renminbi. That is why they enforced the crackdown on bitcoin and other cryptocurrencies lately. China Cares About its CBDC Not Carbon Footprint Christopher Wood – the prominent financial analyst focused on the Asian market – surmised that there is more to the story behind China’s negative stance against crypto mining...

Last week, Bitcoin crashed following China’s decision to ban crypto mining in the country. For the first time since January, Bitcoin was trading below $30,000. While the price of Bitcoin has recovered a bit, investors remain uncertain about the possible direction the market could take. China, being the biggest Bitcoin market in the world, has decided to continue its massive crackdown on crypto miners in the country. The impact of China’s decision on the trading market...

With the larger iPad models, Apple might seek to blur the gap between the Mac and the iPad models in the future.During the recent edition of the Power on Newsletter, Mark Gurman said that Apple Inc (NASDAQ: AAPL) is exploring future iPad designs with larger displays. The existing iPad Pro has a 12.9-inch diagonal display. Gurman also notes that the alleged iPad under development might takes years to hit the market.Gurman believes that the potential release couldn’t even happen by 2022-end....

[PRESS RELEASE – Please Read Disclaimer] What is ccFOUND? Experts say that the age of information is over. Today, everyone has access to it. We already live in the era of knowledge and wisdom (that are connected with skills and competences), because now they give us an advantage and are a scarce commodity. But today’s tools, such as Google and Wikipedia, are still the solutions of the information era. The one who creates the wisdom search tool will now win on the market....

Bitcoin and Ethereum are both regaining some lost weight as their current price points show considerable increase from recent lows.Bitcoin (BTC) is starting to recover from losses it recently incurred, where it seemed to pull down some of the market’s biggest coins. Jumping from a recent low, Bitcoin has climbed over 24% with Ethereum (ETH) also showing proof of its number 2 spot. While the price of Bitcoin has climbed 5.92% to $34,598 in the last 24 hours, Ethereum has jumped more than 12%...

In comparison to Bitcoin, Doge has a significantly smaller block time, making it easier to carry transactions through the meme currency.Dogecoin, which was initially released into the crypto market as a joke, mocking the riveting speculations of cryptocurrency at that time, has gone on to become a huge hit among the crypto-enthusiasts. As a parody of cryptocurrency, its supply limit was discarded to encourage the utilization of crypto tokens as a tipping coin to depress the practice of...