Markets

Shares in software firm MicroStrategy went up a few days ago after analysts suggested an $850 per share price in the coming future. MicroStrategy Owes Its Success to Bitcoin The figure has a lot to do with the idea that MicroStrategy is quite bullish on bitcoin, and that the firm is doing all it can to purchase the world’s number one digital currency by market cap. MicroStrategy initially bought its first round of BTC in August, when the currency was trading for around...

As nations are dabbling with establishing legislative frameworks on the cryptocurrency industry, several giants have formed a coalition to lobby policy makers and conduct researches to ensure the proper implementation of such rules.  According to a Wall Street Journal coverage from today, the prominent names to participate in the new initiative are the mutual fund behemoth Fidelity Investments, the financial service provider Square, the crypto-focused investment company...

[PRESS RELEASE – Please Read Disclaimer] The newest token available on Cryptal Exchange is Chainlink (LINK). As of today, you can now buy, sell, and trade LINK for USD or BTC. Chainlink was founded and developed by Sergey Nazarov and Steve Ellis. Its ICO was held in September 2017, raising $32 million. There is a total supply of 1 billion LINK tokens, of which over 414.5 million are in circulation. Current market capitalization is over $11 billion. Chainlink connects...

Bitcoin (BTC) has been the hot topic of discussion for some of the top financial companies in the US. Big giants are already giving six-figure targets for BTC and expecting it to overtake gold in the long term. Bitcoin (BTC) is currently flirting at around $59K levels at this point as the overall cryptocurrency market cap is around $2 trillion. Well, as Bitcoin continues to consolidate its position at this point, top US funds, including Ark Invest, are giving massive price targets for BTC...

According to INX, about 60% of the proceed from the IPO will be used as a Cash Fund which can easily be distributed to token holders in case of liquidation.Digital assets trading platform INX Limited has announced April 22 as the end date of its ongoing token offering. The company prides itself as a United States Securities and Exchange Commission (SEC) licensed outfit and the proposed closure of the INX token sales is billed to usher in a new phase wherein the core of the firm’s products...

Celsius controls crypto worth over $10 billion and offers its services across over 100 countries globally.Celsius Network has emerged as the winner for the “Best Cryptocurrency Wallet” at the fifth-annual FinTech Breakthrough Awards held on the 5th of April. FinTech Breakthrough is an independent market intelligence organization that conducts annual awards for top tech companies. The recent event attracted over 3,800 nominations across the globe. As stated on the company’s website, the last...

XRP has reclaimed the position of the fourth largest cryptocurrency after its market capitalization surged to $43,282,760,872.XRP, the digital cryptocurrency closely associated with blockchain payments firm Ripple Labs is seeing trading activities growth and the best of its days in the past year as its price surged to a 52-week high of $0.9773 at the time of writing according to CoinMarketCap. The current trading amount comes after growth of 37.57% in the past 24 hours and a weekly gain of...

The largest stablecoin by market capitalization, Tether (USDT), has announced plans to launch on two more blockchains – Polkadot and Kusama. Tether aims to become the first-ever stablecoin operating on Polkadot, but it will first launch on Kusama due to the availability of parachains. USDT Goes on Polkadot and Kusama Tether Operations Limited is the company behind the most widely-utilized stablecoin – Tether (USDT). With over $40 billion of market capitalization, USDT...

ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...

Ethereum price started a fresh increase above the $1,850 resistance against the US Dollar. ETH price is currently trading well above $2,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,080 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to aim more gains above $2,150 and $2,200. Ethereum price is now showing a lot of positive signs above $2,000...