Markets

The rally on Polkadot has been significantly affected by both accumulated fundamentals and emerging market factors.Open-source sharding multi-chain protocol Polkadot (DOT) experienced a dramatic increase in its blockchain activity in the past 24-hours. Notably, DOT tokens jumped over 24% in 24 hours according to figures provided by CoinGecko. However, the asset was trading around $13.65 (+12%) at the time of writing with a market valuation of approximately $12.345 billion and a daily trading...

The room for expansion gives investors hope to continue holding Zoom stock through the pandemic.Zoom Video Communications Inc (NASDAQ: ZM) stock closed yesterday trading at $383.24, up approximately 5.10%. Meanwhile, Zoom stocks are up approximately 3.11% during Friday’s pre-market. Zoom services demand and potential future growth was largely attributed to Thursday’s spike in Zoom stock. Notably, Zoom announced that it had sold 1 million Zoom Phone seats. Zoom Phone is an enterprise-focused...

The total amount raised through the IPO gives Playtika a valuation of $11.1 billion.Israeli-based gaming giant Playtika Holding Corp is set to make a grand entry on the Nasdaq bourse following its Initial Public Offering (IPO) where it raised $1.88 billion. As reported by Reuters, the gaming giant Playtika revealed on Thursday that it had sold the shares in the IPO at $27 each, a figure that is well beyond the projected share price range of $22 to $24.At the boosted rate, Playtika noted that...

Markets remained uncertain during Thursday as the weekly job data shows no improvements. Instead, more Americans have filed for unemployment. Analysts believe this weakening job data will provide fodder to the Biden administration to clear their proposed $1.9 fresh stimulus.On Thursday, January 14, the US stock market indices ended marginally lower amid mix set of data. On one hand, President-elect Joe Biden proposed a massive stimulus of $1.9 trillion to overcome the challenges of COVID-19...

Bitcoin has failed to break above $40,000 again and has stalled beneath $39,000. The altcoin situation is significantly more volatile, with Ethereum jumping north of $1,200 and Polkadot surpassing XRP as the fourth-largest crypto following a 30% surge.ETH Above $1,200, DOT Takes The 4th SpotThe alternative coins demonstrated high volatility levels in the past week, with massive drops during the Black Monday crash and rapid recovery sessions in the days that followed.Most large-cap ones have...

Bitcoin cash price started a fresh increase above the $450 resistance against the US Dollar.The price climbed above the $485 resistance and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally further above $520 or it might dip sharply below the $485 support.Bitcoin cash price is showing positive signs above $485 against the US Dollar, similar...

BTCS Inc. (OTCQB: BTCS), a publicly-traded company focused on digital assets and Blockchain technologies, recently announced that management invested $1.1 million in the Company.  This is a particularly bullish sign for investors in BTCS, as it provides strong evidence of management’s belief in its business model and growth potential. The round was led by its CEO, Charles Allen, who personally invested $810,000.BTCS was one of the first public companies to focus its business model around...

Built on the Ethereum Blockchain, the Benchmark Protocol aims to change the weak points of the DeFi space and connect traditional finance with the cryptocurrency market.The Inventor of the Benchmark DeFi project, a top Citibank executive, defines it as a “Supply Elastic Collateral and Hedging Device”. Accordingly, the protocol is designed to run on the VIX Volatility Index, with its token called MARK, pegged to the Special Drawing Rights (SDR).Introduced as a Fair Launch, the Benchmark...

Cameron and Tyler Winklevoss are reportedly exploring the option of making their cryptocurrency exchange Gemini public. The brothers could follow the steps of other US-based digital asset-related companies with similar intentions, such as Coinbase and Bakkt.Gemini To Go Public?Bloomberg reported today that the founders of the US-based crypto exchange Gemini are open to the idea of going public.“We are definitely considering it and making sure that we have that option. We are watching the...

In the last two years, Riot has already made several additions to its board of directors.According to a statement released by Riot Blockchain Inc (NASDAQ: RIOT), the Chief Executive Officer of Blockware Solutions Mason Jappa would be joining the advisory board of Riot Blockchain which consists of Pierre Rochard, Yan Pritzker, and Cory Klippsten. Meanwhile, RIOT stock is moving higher. Today in the pre-market the stock is 6.99% up, trading at $25.55.Jappa, who is an industry leader in the...