Markets

Bitcoin price rallied to a new all-time high near $48,250 against the US Dollar.The price is now consolidating above $45,500 and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $47,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $47,000 as long as there is no break below the $45,000 support.Bitcoin price is trading nicely in a major uptrend above $45,000 against the US Dollar. BTC...

Robert Ophèle, chairman of France’s financial regulatory body, the Autorité des Marchés Financiers (AMF), proposed a robust approach regarding cryptocurrecy regulations in order to encourage the growth and development of innovative projects.AMF Chairman Proposes Blockchain and DeFi Testing in Pilot RegimeSpeaking at the just concluded 5th Annual Conference Fintech and Regulation, Ophèle stated that with the continuous growth of the cryptocurrency sector, it was necessary for Europe to put in...

They said it couldn’t happen again, folks, but they were clearly wrong. After scathing reports from financial giants like JPMorgan emerged claiming that bitcoin could never hit the $40,000 mark again, the asset has done just that. At the time of writing, bitcoin – the world’s number one digital currency by market cap – has shot past the $40,000 mark.Bitcoin Does What Many Felt Was ImpossibleIn late January, JPMorgan took notice of the sudden decline bitcoin was experiencing. At the time, the...

Users expect exchanges to find a balance between trading experience and security. An average trader requires a secure, fast, compliant, and flexible trading terminal.Blockchain and the tokenization of assets are changing the world as we know it. From logistics to entertainment, hospitality, and healthcare, this nascent tech is redefining the foundations of several industries.Through the tokenization of assets, blockchain technology is enabling a new wave of borderless transactions free from...

In a document filed with the United States District Court of New Jersey, Binance dropped the lawsuit filed against Forbes in November 2020. The case was in response to Forbes’ story, where it alleged that the cryptocurrency exchange was brewing plans to exploit United States investors through a sham company.Binance, through its attorneys, Peter J. Pizzi and Selina M. Ellis, have now dropped its defamation lawsuit, which was filed against Forbes last year. The new document calls for a...

The push by Tesla has driven the market capitalization of Bitcoin to $851 billion with about a 63% dominance rate in the market.Tron founder Justin Sun’s tweet from March 2019 about “When Lambo” and Tesla Inc (NASDAQ: TSLA) are coming off as a prophecy come through following the Electric Vehicle maker’s latest big bets on Bitcoin. Per an earlier report by Coinspeaker, Tesla, under Chief Executive Officer Elon Musk has put $1.5 billion worth of BTC on its balance sheet while also declaring its...

On Monday, Ocugen stock was the most actively traded stock with a volume of 504.7 million shares.Ocugen Inc (NASDAQ: OCGN) saw its stock skyrocket on Monday after disclosing on February 7 that there would be a direct offering of its shares at a 27% premium to investors from the healthcare industry.After surging around 200% yesterday, today in the pre-market the stock is down 14%, trading at $13.58%.In a statement made available on Monday, the biopharm company announced that a total of...

The current price of $98 is a bit surprising as analysts used the MVRV method to predict a possible reversal at $76.Binance coin (BNB) has made history with a 35% price surge to hit a new ATH price of $98 on February 9, 2021. Binance coin tripled its price point after trading at $35 on January 11, 2021. After the asset set a resistance level of $76, more buyers were invited into the market to push the asset to trade above the Parabolic SAR Point. This was a strong indication that the bullish...

By adding a crypto wallet and exchange capabilities, Apple could attract a huge customer base due to its up to standard security system.Following Tesla Inc (NASDAQ: TSLA) quest into the crypto market through Bitcoin, RBC analysts speculate Apple Inc (NASDAQ: AAPL) could be the next unicorn to join the cryptocurrency industry. As a result, RBC analysts raised their Apple price target from $154 to $171, approximately 25% up from Friday’s close.In a note to clients, RBC analyst Mitch Steves...

With its massive $1.5 billion purchase of bitcoin, the electric vehicle giant Tesla has inadvertently helped the cryptocurrency to surpassed it in terms of market capitalization. With BTC’s price skyrocketing to new highs and its market cap following, bitcoin is now ranked as the 7th largest asset.Bitcoin Surpasses Tesla For The 7th SpotElon Musk’s Tesla shocked the world after it filed Form 10-K with the US SEC, in which the founded in 2003 clean energy giant said it had purchased $1.5...