Markets

Cryptocurrency is perhaps the most suitable asset for day trading. Not only because the markets are open 24 hours a day, 7 days a week, but also for the relatively high volatility of the market. Take Bitcoin as an example, it has gained 10% in the past 3 days, but it once shed 50% within a week in March 2020. While the high volatility could result in massive liquidation, on the other hand, it presents traders with more juicy opportunities to make profits.With Bitcoin breaking 18K, the market...

Nio reported an adjusted net loss of $146.7 million, in the past three months, with total revenues surging 146.4.% year-over-year to $666.6 million.The stock of Chinese electric vehicle company Nio Inc (NYSE: NIO) was up over 4% during Wednesday’s premarket to trade around $48.42. Nio stock closed yesterday at $46.59, having jumped 2.22% during the day. However, today, as the market opened the stock, went lower and now it is 5.45% down, at $44.The spike is attributed to the third-quarter...

Crypto-backed lending is on the rise, and it is adopted even faster than one would first think, especially among institutionals.Providing new use-cases for digital assets, cryptocurrency lending is more popular than ever. Crypto lending is one of the major forces driving the fast-growing DeFi industry, but institutional service providers are also gaining a foothold on the market.What Does Crypto Have to Do With Lending?To start with, let’s see what a crypto-backed loan is.A digital...

As CureVac prepares to push its COVID-19 vaccine candidate in the final stage of trials, it is also working on a pan-EU network to manufacture millions of the vaccine doses.Pharmaceutical and biotech companies are really gearing up with research and manufacturing facilities to bring the COVID-19 vaccine to market. Germany-based biotech company CureVac BV (NASDAQ: CVAC) is working on a new European network to boost the manufacturing of its experimental Coronavirus vaccine.Industry reports also...

The public blockchain project TomoChain has signed an agreement with Vietnam’s Ministry of Education and Training to provide DLT services. As a result, all certifications achieved by students in High School and Higher Education will be uploaded to the TomoChain blockchain network. TomoChain Enters The Vietnamese Market The Singapore-based blockchain company powered by a proof-of-stake voting consensus announced the new partnership in a press release shared with CryptoPotato....

Tron price started a decent increase above the $0.0240 and $0.0250 levels against the US Dollar.TRX price traded as high as $0.0268 before it corrected lower towards the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0252 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0250 and $0.0245.TRON price is currently correcting gains from well above $0.0265 against the US Dollar,...

Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its market capitalization, despite the price being lower than back in 2017. Bitcoin Calms After The Storm People use many words...

Bitcoin price started a strong increase above the $17,000 and $18,000 resistance levels against the US Dollar.The price traded as high as $18,493 and it settled nicely above the 55 SMA (H4).There is a key bullish trend line forming with support near $16,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but the bulls are likely to remain active near $17,200 and $17,000.Bitcoin price is showing bullish signs above the $17,000 zone...

SpaceX’s Crew-1 spaceship flew 4 astronauts to space yesterday. But it seems the shuttle also dragged the bitcoin and cryptocurrency market along with it. As in what happens to be a revisit of 2017, BTC smashed past the $18,000 price mark pushing the total digital asset market cap north of $500 billion. The excitement was short-lived, however, as the cryptocurrency took a u-turn and decreased by more than $1,000 moments after touching its intraday high. Bitcoin Price Blasts...

Bitcoin is all the rage as of late, and it looks like more companies are looking for ways to reward their customers with the world’s number one digital currency by market cap. We all require groceries each month, and thus one of the largest grocery retailers in America – Kroger – has stepped forward and is offering its customers regular bitcoin rewards just for making normal, everyday purchases at their outlets and stores.Kroger Is Offering BTC Rewards to ShoppersOver the past week or so,...