Markets

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly price movements.Bitcoin Enjoys Crucial Endorsement Closing the Week In the GreenBitcoin opened Monday’s trading session, January 25th, in a good posture. Its price quickly rose by 8.04% from a low of $33,569.60 to reach an intraday high of $34,865.90 by noon, according to CEX.IO’s exchange rate. Despite the significant upward price action that BTC saw at the beginning of...

It doesn’t matter how big bitcoin gets or how well it does. For many industry experts, bitcoin is nothing but a farce, and Gabriel Makhlouf – a governing council member of the European Central Bank – is one of the asset’s many doubters.Gabriel Makhlouf: BTC Holders Should Be Ready to Lose EverythingBitcoin has rallied over the past few days. The world’s number one digital currency by market cap has shot up from around $32,000 to well over $34,000 at the time of writing and has added almost...

Coinbase, BTC Direct und Bitpanda: Mittlerweile gibt es einige Bitcoin Serices, die sich auch für Anfänger und Einsteiger eignen.. Ich werde immer wieder gefragt, wie und wo man als Bitcoin-Einsteiger und Anfänger am einfachsten Bitcoin kaufen kann. Meine Antwort darauf lautet: Investiere in Know How und Wissen. Denn Wissen zahlt sich immer aus; irgendwann. Wer dennoch ein paar Franken übrig hat, welche im schlimmsten Fall auch verloren...

The Wall Street Bets saga is undoubtedly the most interesting thing that happened to the global financial markets in the past few months. A group of Redditors managed to cause mayhem on Wall Street, but is the game over?Wall Street Bets – a Short Story?January was an exciting month. A group called Wall Street Bets propelled a movement that evolved into a protest against Wall Street in the face of large hedge funds. Millions of people weighed in to exploit the fact that some funds had been...

Barely a week after its launch, the new non-fungible token (NFT) project, Hashmask, takes the NFT market by storm. Earlier today, a rare Hashmask was sold at 97,2 ETH, worth $139,100 as of today’s price.What Are Hashmasks?Hashmasks are living digital art collectibles that have been created by more than 70 artists from across the globe. There are a total of 16,384 unique digital portraits as of now.Each of these artworks is uniquely designed to be part digital art and part digital collectible....

By employing its recently-launched multi-chain solution for exporting data to new blockchains, the decentralized exchange IDEX has launched a Binance Smart Chain trading infrastructure. As a result, the platform will onboard new assets and reduce trade settlement costs sharply.IDEX Joins Binance Smart ChainLaunched last year, the Binance Smart Chain (BSC) blockchain works in parallel with Binance Chain to support smart contracts functionality. The latest integration to BSC comes on behalf of...

BP CEO said that with the mass rollout of the vaccine, his firm had a positive outlook for the coming year.Renowned energy company BP Plc (NYSE: BP) has announced a loss of over $5 billion in 2020 showing that the oil industry is still suffering from the effect of the novel pandemic that grounded everything to a stop last year. The report has a negative impact on BP stock.According to available information, the UK-based energy company was not left out of the victims of the year as the company...

With the coronavirus still being a direct threat to our normalcy, Snap stock remains with an upper advantage of rallying further in the coming quarters.Snap Inc (NYSE: SNAP) stock closed yesterday trading at $56.85, up 7.39%. Meanwhile, Snap stock price had continued with the upsurge during the pre-market session as they were up approximately 1.41%.The spike in Snap stock has been attributed to several fundamental factors among them the ongoing coronavirus pandemic. Besides, Credit Suisse...

ADA price formed a strong support above the $0.3000 and $0.3100 levels against the US Dollar.The price broke the $0.3900 resistance and settled above the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to continue high above $0.4200 as long as it is above the $0.3880 support.Cardano price is holding gains above $0.3800 against the US Dollar, while bitcoin is...

Despite another attempt to overcome $35,000, bitcoin has continued to trade inside the tight range of $33K to $35K.In contrast, large-cap altcoins, along with some DeFi ‘stars’ had performed a lot better. This includes a new ATH for Binance Coin, Ethereum rising above $1400, getting near the previous January 2018 ATH range. On the other side, XRP has plummeted following the recent gains.Binance Coin Surpassing $50 To New ATHMost of the large-cap altcoin market is well in the green against the...