Markets

After reclaiming $40,000 for the first time in nearly three weeks, bitcoin kept climbing and even exceeded $41,000 briefly. Most alternative coins have stalled or retraced in the past 24 hours, which has helped BTC increase its dominance over the market. Bitcoin Sees a 26-Day High The past several days were quite bullish for the primary cryptocurrency. It started last week with positive news coming from El Salvador, after which BTC surged from $31,000 to about $35,000, where...

Tron price is recovering and it is showing positive signs above $0.070 against the US Dollar. TRX price is now trading near $0.0720 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0730 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above $0.0730 and $0.0740. TRON price is showing positive signs above $0.0700 against the US Dollar, similar to...

Bitcoin price started a fresh increase above the $38,000 resistance against the US Dollar. The price is now trading above the $38,000 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $38,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower, but it is likely to remain well bid near $38,500 and $38,000. Bitcoin price is trading in a bullish zone above...

The American billionaire Tim Draper predicted that bitcoin’s value would reach $250,000 by the end of 2022. He further opined that the primary cryptocurrency would be the core of all financial activities for the next 20-30 years. BTC Is The Future Tim Draper – an American venture capital investor – shared with CNBC his bullish view on BTC’s future value. He forecasted that despite the volatility in the crypto market, the primary digital asset would hit $250,000 by the end of...

Bitcoin price remains volatile with the swing in any direction possible but Draper is confident the overall trend will be bullish in the foreseeable future.Two billionaires with a vested interest in cryptocurrency and decentralized finance have expressed optimism about bullish trends continuing in the future. Tim Draper, a venture capitalist with a substantial but undisclosed amount of Bitcoin, has chosen to stay by his predictions that BTC will reach a price of $250,000 at the end of 2022....

Richard Bernstein, an institutional investor Hall of Famer, sounded a note of caution to investors to beware of dealing with Bitcoin. He finds it ”wild” how the primary cryptocurrency was still very popular in a bear market, while assets like oil have been disregarded in a bull market. The Rush to Own BTC Has Become Dangerous In a recent interview with CNBC, the CEO and CIO of Richard Bernstein Advisors spoke about the increased popularity of Bitcoin and altcoins. He opined...

Amazon streaming hours on Prime Video are up 70% year-over-year and therefore, Luna is expected to positively impact sales.Amazon.com Inc (NASDAQ: AMZN) will make Luna, its game streaming service, available to its Amazon Prime subscribers on Amazon Prime Day (June 21 and 22). This has opened up grounds for added sources of revenue and increased stock valuation for the company.Last September, 37 analysts offered a 12-month share price target of $3,732.29 on average, with forecasted lows and...

Given that bitcoin has endured such a sharp drop, is now the time to buy? This is a question that several renowned financial analysts – including Michael Binger, president of Gradient Investments and Gina Sanchez, CEO of Chantico Global – have been trying to answer. Bitcoin Still Remains Quite Vulnerable to Price Swings Bitcoin initially rose to a new all-time high of approximately $64,000 per unit in mid-April. However, from there, the world’s number one digital...

The Stellar Development Foundation is more focused on building its protocol than the market conditions, said the organization’s Senior Director of Enterprise Ecosystems, Lisa Nestor. In an exclusive interview with CryptoPotato, Nestor also spoke about Stellar’s latest developments. Stellar USDC Accessible Savings Products The blockchain-based network for currencies and payments recently announced a significant milestone achieved by partnering with the payment processor –...

[PRESS RELEASE – Singapore, Singapore, 15th June 2021] After the successful STAK token sale, Lemonade to hold its first IDO launch, DePo on June 17, 2021Lemonade, a DeFi token launchpad governed by the Jigstack DAO, is excited to announce the IDO of DePo. The DePo whitelist process starts June 17, 2021, whereas the public sale final date will be disclosed in the coming days. DePo streamlines the crypto experience for users. It aims to be the first multi-market aggregator in...