Markets

Bitcoin price has just hit $20,000 for the first time ever as investor popularity continues to surge for the world’s most highly-demanded cryptocurrency.The price of Bitcoin has surged past the $20,000 barrier for the first time in its history, according to the CoinMarketCap website. The historic milestone comes just over two weeks after breaking its previous all-time high. Bitcoin’s price has increased by nearly 7% over the past 24 hours and is now trading at $20,607.Bitcoin has gained more...

The long wait is over. Bitcoin has finally managed to peak above the coveted $20,000 and setting a brand new all-time high. Apart from a brief period back in 2017 on one particular exchange, the coin hasn’t traded above this level throughout its history.Bitcoin Jumps Above $20,000 Setting New ATHTo say that the last couple of months have been exciting for Bitcoin aficionados would be an understatement. The primary cryptocurrency went on a streak, increasing tremendously, dragging the entire...

In order to remain competitive in the market, Bolt has also identified the food industry as a lucrative segment.Ride-hailing startup Bolt has announced that it has completed funding led by D1 Capital Partners and managed to raise £150 million ($182 million). The Estonia-based Bolt intends to channel the money to its platform and bolster its safety via facial recognition and AI capabilities.In addition, the company anticipates using the money to expand its ride-hailing to different markets,...

Amazon is now actively seeking a way to obliterate challenges associated with online shopping, particularly in the fashion industry. Shares of American e-commerce giant Amazon.com Inc (NASDAQ: AMZN) were up 0.55% in Wednesday’s pre-market to trade around $3,182.50. AMZN shares closed yesterday trading at $3,165, having jumped 0.26% during the day. The tweak on Wednesday is attributed to news that the company is today launching a new service for its customers to create custom clothing dubbed...

Tron price is holding the key $0.0275 support zone against the US Dollar.TRX price is now facing resistance near $0.0296, but it is above the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0292 on the 4-hours chart (data feed via Bitfinex).The pair could accelerate higher once it clears the $0.0295 and $0.0300 resistance levels in the near term.TRON price is slowly recovering above $0.0280 against the US Dollar, while bitcoin is...

Bitcoin price started a major upward move from the $17,500 support zone against the US Dollar.The price is now trading well above $19,000 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $19,050 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 $19,570 and $19,800 resistance levels.Bitcoin price is currently showing bullish signs above $19,000 against the...

LINK/USD: Link Bounces Back SlightlyKey Resistance Levels: $14, $16, $17.34Key Support Levels: $11.2, $9.6, $7.29LINK/USD Chart. Source: TradingViewChainlink increased by a small 1.3% today due to the slight recovery in the entire crypto market since last Friday. It’s now priced at $12.6. Despite the latest corrections, LINK still appears bullish on the daily chart. It recently found support on the ascending trend line drawn from September’s low.Looking at the 4-hours chart, LINK is yet to...

Abra Inc. is bringing its clients a whole new cryptocurrency market that will allow them to compare prices and buy more than 600 separate types of cryptocurrency from single locations. The platform is designed to be global, meaning it can be accessed by traders and crypto fans from virtually all points of the world.Abra Is Allowing Customers to Compare Crypto PricesAbra – which was founded roughly six years ago in 2014 – initially started out as a peer-to-peer cryptocurrency remittance...

Well, it’s another somewhat ugly day for bitcoin. Just yesterday, the world’s number one digital currency by market cap was trading in the low $18,000 range, which was a big hit from the $19,000+ it had been experiencing in the weeks before. Now, the asset has lost more than $1,000 off that price, and at first glance, it looks like 2020 may not be ending on the high note that everyone initially predicted.Bitcoin Has Dropped, But It Hasn’t FallenAnd yet many analysts still believe that this is...

Bitcoin price has been oscillating within a narrow $450 range for the past 3 days now as bulls struggle to break over the 0.5 Fibonacci Extension level at $19,480. This area between $19,044 and $19,480 is the same spot that BTC was stuck inside of during December 5 – 8, right before prices tanked by $1,560.According to Bitcoin’s volatility chart (BVOL24H), the leading crypto has fallen by almost 43% since December 9th, and the global crypto market capital has also started pushing sideways....