Markets

ADA price started a strong increase above the $1.350 and $1.400 resistance levels against the US Dollar. The price is now above the $1.400 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.2600 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.550 and $1.600 resistance levels. Cardano price is trading with a positive bias above $1.450 against the US Dollar,...

Ethereum price started a fresh increase above the $2,150 resistance against the US Dollar. ETH price is currently trading well above $2,200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but there are high chances of more gains above $2,400 in the near term. Ethereum price is now gaining pace above $2,200 against the US...

Bitcoin just keeps surging higher and higher, and men like Elon Musk are quick to do their parts in helping the world’s number one digital currency by market cap reach its potential peak. Elon Musk: Bitcoin Is Going “To the Moon” The South African entrepreneur behind such billion-dollar companies as Tesla and SpaceX seems to jump back and forth between his love for Dogecoin and bitcoin. While BTC is considerably larger, there is a special aspect of Doge that seems to...

Financial giant JPMorgan recently stated in a new report that the world’s number one digital currency by market cap – bitcoin – could potentially reach a price of around $130,000 by the time the year is out. JPMorgan Is Predicting Big Things for BTC In the document, JPMorgan writes the following: Considering how big the financial investment into gold is, any such crowding out of gold as an alternative currency implies big upside for bitcoin over the long term. A...

With bitcoin, ether, and more alternative coins reaching for the stars with new records in the past 24 hours, the cumulative market capitalization of all crypto assets surged to new record levels above $2.2 trillion. Interestingly, this means that the total crypto market cap exceeded that of the world’s most valuable company – Apple. Crypto Market Cap Surpasses Apple’s After weeks of suffering beneath the $60,000 price line, bitcoin finally emerged victorious today. In a...

Bitcoin is doing extremely well as of late. Many analysts are contemplating whether the world’s number one digital currency by market cap could potentially reach a six-figure price of around $100,000 or more by the end of the year, and now it looks like Wall Street is beginning to get interested in this idea. Bitcoin Just Keeps Getting Bigger In the past, Wall Street players and banks have often dismissed bitcoin and its fellow crypto mates given that they were volatile...

XRP, the digital currency that is central to the SEC onslaught, has caught on a new fire fueled by the latest victory Ripple inked.Judge Sarah Netburn, a United States Magistrate Judge has handed blockchain payments firm Ripple Labs yet another victory over the US Securities and Exchange Commission (SEC). As reported by Coindesk, Judge Netburn has denied the market regulator’s request to look into the personal financial records of the company’s two executives indicted in its ongoing court...

It goes without saying that this week’s highlight is the direct listing of Coinbase shares on Nasdaq. It is scheduled to take place on April 14th. Without any further ado, let’s have a look at the most important things you need to know about it. Will Coinbase do an IPO? This is, without a doubt, the question that most people are interested in. The short answer is – no, Coinbase will not do an initial public offering. However, it will have its direct listing on Nasdaq Global...

AppLovin says that the money raised will be spent on repaying a collective $1.6 billion debt, entering into strategic partnerships, and making tactical acquisitions.AppLovin, a software company famous for building a platform over which videogame developers can monetize and market their applications, has recently declared its Initial Public Offering (IPO).AppLovin announced its plans for an IPO on April 7th and is set to debut this week alongside equally renowned crypto companies like Coinbase...

JPMorgan says that the widening gap between the Bitcoin spot price and the futures price is an indication institutional investors are yet to fully access the cryptocurrency market.As Bitcoin breaks above the $60k level comfortably, Basis trading continues to widen in most cryptocurrency exchanges. A new report by JPMorgan Chase & Co (NYSE: JPM) indicates the launch of Bitcoin exchange-traded funds (ETF) in the United States will be a key in normalizing the Bitcoin futures...