Markets

Bitcoin price started a downside correction from well above $60,000 against the US Dollar. The price is now trading near the $55,000 support and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $54,550 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 $58,000 and $58,200 resistance levels in the near term. Bitcoin price is holding a major...

The largest cryptocurrency trading platform based in the US, Coinbase, has announced the addition of the fourth-largest digital asset by market cap, Cardano (ADA), on its Coinbase Pro version. Inbound transfers are already enabled, while trading will launch “on or after” 9 AM Pacific Time on Thursday, March 18th. The San Fransisco-based crypto giant released a statement earlier today informing that Coinbase Pro users will be able to buy, sell, or store one of the most popular digital assets...

Bitcoin has recently swung into the $60,000 range, thereby spiking to a new all-time high. The currency is stronger than it’s ever been, and many people are now giving it the attention it’s deserved for so long, but that has left many other altcoins – such as Ethereum – out in the dark. Ethereum Is Coming Out Swinging Ethereum is the world’s second-largest cryptocurrency by market cap after bitcoin, and as it’s primary competitor, the asset is consistently seeking to...

In an attempt to serve as the next generation of DLT, Polkadot has announced plans to establish decentralized and trustless bridges to enhance interoperability among various networks. Parity Technologies is developing the first generic bridge that will enable all Substrate-based chains to connect and communicate with each other.Polkadot’s Decentralized BridgesThe blockchain project behind the sixth-largest cryptocurrency by market cap announced its latest developments in a press release...

The market cap of Bitcoin has surpassed that of the 3 biggest banks in the world combined as well as the combined value of Visa and Mastercard.When Bitcoin value crossed the $60,000 mark, crypto enthusiasts around the world jumped for joy as the leading crypto asset had been trading sideways for the most part of the previous months. However, available information has shown that Bitcoin market cap not only crossed that threshold but its worth also usurped that of the three biggest banks in the...

Both General Motors and Ford have launched their electric vehicles, and Cramer believes that they stand as rivals for existing EVs. GM plans to have 30 EV models on the road by 2025.American television personality and CNBC’s Mad Money Jim Cramer recommended holding Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) stocks over the likes of Tesla Inc (NASDAQ: TSLA) and other electric vehicle (EV) companies. Cramer noted his recommendation on owning stocks in Ford and General Motors...

Nachdem der BTC am Wochenende ein neues Allzeithoch erzielt hatte, kam es zum Wochenanfang zum Kurseinbruch – insgesamt ging es für Bitcoin innerhalb von zwei Tagen um 10 Prozent nach unten. Mit Ruhe im Markt ist jedoch nicht zu rechnen. Denn am Mittwoch wird ein wichtiges Meeting enden, welches großen Einfluss auf den BTC-Preis haben sollte. Bitcoin News: Bitcoin verliert kurz vor wichtigem FOMC MeetingDas Federal Open Market Committee berät sich aktuell. Das FOMC ist ein Meeting unter dem...

ETH/USD – Market Falls Beneath Ascending Price ChannelKey Support Levels: $1755, $1695, $1620.Key Resistance Levels: $1800, $1875, $1940.Ethereum performed well over the weekend, clocking in a fresh March high at $1940 on Saturday. It dropped back below $1900 on Sunday and continued to break beneath the March ascending price channel yesterday with the 5.2% price fall.The price drop caused ETH to head back into previous resistance at $1755, which had provided support for the market throughout...

The trend of companies offering crypto services planning to go public has another representative – the multi-asset brokerage company eToro. The move will become possible after a merger with a Special Purpose Acquisition Company (SPAC) called FinTech Acquisition Corp. V. Founded in 2007, eToro is a trading platform enabling its more than 20 million registered users to invest in various cryptocurrencies, stocks, commodities, exchange-traded funds, etc. Earlier today, Reuters broke the news...

The demand for NFT digital collectibles is not limited to sports and gaming. The market includes crypto artwork and other kinds of in-game items.In a March 14 tweet, Sorare announced that a one-of-a-kind Christiano Ronaldo NFT trading card had sold for $289,920 over the weekend.WOW! ? Congratulations to FC Camembert who has just smashed our #Sorare Market record.The Unique 2020-21 Cristiano Ronaldo card was bought for $289920 on the Transfer Market. #OwnYourGame ⚽️Season: 2020-2021Serial:...