Markets

While predicting that the future of payments lies with digital currencies, Microsoft co-founder and philanthropist Bill Gates highlighted a “neutral view” on bitcoin. Nevertheless, he suggested that the digital form of money would need to enable transaction reversals and complete visibility.I Don’t Own Any Bitcoin, Says GatesThe 65-year old US business magnate, author, and philanthropist seems slightly more optimistic on bitcoin now compared to a few years ago. During the year-long bear...

FAANG stocks are expected to continue with the 2020 rally as their demand prevails on the ground.The third stimulus package is in its final stages to be approved by the United States Congress. Most of the FAANG stocks have been trapped in a consolidation level, as investors and analysts analyze most companies’ fourth-quarter earnings results. Notably, there have been speculations that huge companies included in the FAANG stocks are looking into adding Bitcoin (BTC) to their balance sheet to...

[PRESS RELEASE – Please Read Disclaimer]18th February 2021, Tallinn, Estonia – Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic.The Estonian-based investment is a global B2B partner for disruptive companies within the eCommerce value-chain. It successfully scales across a number of verticals, turning ideas into products by using its expertise in digital marketing and branding. It also builds and markets B2C...

Binance Smart Chain continues to grow as it’s becoming more and more popular among the cryptocurrency community, especially those who are tempted to explore interesting DeFi capabilities on the network. Undoubtedly, the low fees and quicker transaction settlement compared to Ethereum’s blockchain are a strong incentive for a lot of users.BSC Daily Transactions Now 70% More Than Ethereum’sBinance Smart Chain sees an increased number of users getting attracted to it on a daily basis. This is...

ZUSD is attractive for its use cases ranging from esports tournament remunerations, serving as a medium of exchange within the ecosystem of trading and gaming platforms, to other programmable incentives.Toronto-based licensed digital asset trading platform, Secure Digital Markets (SDM) has announced support for emerging gaming stablecoin Zytara Dollar (ZUSD). According to a press release shared with Coinspeaker, the integration will see the virtual asset exchange provide market pairs and...

In the last three months, BTC volatility stood at 87% versus 16% for gold according to JPMorgan.The much-awaited $50K BTC price tag was reached on Tuesday. At first, the largest cryptocurrency was flirting with this level. Bitcoin has now cemented its place since climbing as high as $52K. On top of this, the asset is less than $50M away from hitting a one trillion market cap. Much like hitting $50K, a one trillion market cap looks inevitable in the next few days. However, now Bitcoin price is...

Ethereum has set a new ATH. In the last 24 hours, the second largest coin has climbed above $1,900. The digital asset is slowly inching closer to a much revered $2,000 price tag.Little stands in the way of Ethereum doubling its 2017 high. After showing strong resilience at $1,800 and setting news ATH, Ethereum now looks set for a breakout. As Ethereum (ETH) price nears $2,000, it is becoming clear that doubling the 2017 high could be easier than expected.Among the best performers in the...

Coinbase is seeking to tap the entire Fortune 500 market, a move that would drive Bitcoin (BTC) market price astronomically high.The second-largest cryptocurrency exchange by trading volume around the world Coinbase is reportedly the lucky facilitator of the $1.5 billion worth of Bitcoin purchase by Tesla Inc (NASDAQ: TSLA). The report by media outlet TheBlockCrypto indicates that Tesla used Coinbase institutional investors’ custodian capabilities to purchase Bitcoins during the first week of...

The last time XRP dropped to that position was in June 2014, when it fell below the meme coin Dogecoin.Ripple’s XRP has dropped further down the crypto ladder as the Binance coin (BNB) has overtaken it, sending the digital coin to the 7th position on the crypto ladder. At the time of writing, BNB price is over 36% up, trading at $183.26. The coin is hitting one record level after another and its market cap has topped $28 billion.The last time XRP dropped to that position was in June 2014...

EOS traded as high as $5.600 before correcting lower to $4.000 against the US Dollar.The price is currently trading well above $4.500 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $4.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $5.000 and $5.200 resistance levels.EOS price showing positive signs above $4.500 against the US Dollar, similar to bitcoin. The price...