Markets

Bitcoin price started a fresh upward move from the $26,000 support zone against the US Dollar.The price is now trading well above $27,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $27,150 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $28,350 and $28,500 resistance levels.Bitcoin price is currently gaining momentum above $27,500 against the US Dollar. BTC...

Bitcoin price has fallen under the psychological $27,000 level today and is now tracking inside a descending triangle pattern on the 4-hour chart.These patterns form when the price consolidates between a sloping resistance and flat support (yellow lines). It’s usually a signal that bearish momentum is increasing and that the flat support will be overcome soon.Breakouts from this pattern tend to be quite extensive and require strong supports to provide bullish traders with an opportunity to...

2020 has been the year of institutions, and Sky Bridge Capital – a hedge fund driven by Anthony Scaramucci – has decided to join the ranks. The company recently invested more than $25 million into the world’s largest and most popular digital currency by market cap after filing the appropriate paperwork with the Securities and Exchange Commission (SEC) early last week to form what’s now known as the Sky Bridge Bitcoin Fund L.P.Scaramucci Sees Bitcoin as Completely NecessaryThe company has...

Things are not looking good for Ripple’s XRP. Following the news that the United States Securities and Exchange Commission (SEC) has pressed formal charges against the company, its native cryptocurrency tanked by almost 70%. This has also led to another somewhat unexpected event as Litecoin (LTC) takes the seat of the fourth-largest cryptocurrency by market cap.LTC Now the World’s 4th Largest Crypto by Market CapLitecoin has become the fourth-largest cryptocurrency by means of total market...

Following the Bitcoin all-time high on Sunday, December 27, Riot Blockchain stock registered 20% gains on Monday’s trading session. The stock has already appreciated by 13x this year. Apart from BTC, investors of Bitcoin mining companies are making a bomb in the market.Bitcoin mining giant Riot Blockchain is making all the news in the market at the moment. On Monday, December 28, Riot Blockchain Inc (NASDAQ: RIOT) stock price surged a massive 20% surging past $15.5 levels. One of the biggest...

Take a closer look at this Bitcoin OTC Desk for large-volume traders.Placing large trades on conventional cryptocurrency exchanges can be a costly exercise. Not only do you have to deal with the phenomenon known as slippage, which is when the market moves against you before your trade can be completed, but many exchanges have low transaction limits that may be insufficient for your needs.Velo Trust is an OTC (over-the-counter) desk that aims to overcome these problems. Developed for bitcoin...

The latest player drawing much attention in the burgeoning fintech market, JUX Capital offers discretionary investment management services, targeted at the average investor with a minimum investable amount of $1,000. JUX Capital’s investment service aims to combine the best parts of discretionary investment management with the best things technology can bring. Once aboard, clients are promised an unbeatable investment framework, together with the performance and transparency which modern...

Tesla has announced its plans to enter the Indian market early next year, but not next month as Elon Musk previously noted.Tesla Inc (NASDAQ: TSLA) stock jumped approximately 0.29% on Monday to close the day trading at $663.69. Although a negligible tweak, Tesla stocks are set to benefit from the company’s entry into the Indian market early next year. Meanwhile, according to the transport minister of India Nitin Gadkari, Tesla is set to start operations in the country early next year.At the...

Kommt es zum Jahresende nochmals zu einem Preisanstieg oder geht es doch wieder runter. Die Analysten sind derzeit gespalten, was die Richtung des Bitcoin-Preises angeht. Doch selbst die Pessimisten sehen keinen großen Absturz kommen. Bitcoin News: Bitcoin Preisanalysen fürs Jahresende 2020Am unteren Ende wird bis zum Neujahr maximal ein Preisabsturz bis 25.000 US-Dollar gesehen. Am oberen Ende geht es laut einiger Experten aber sogar in Richtung 30.000.Eine Analyse geht davon aus, dass der...

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...