Markets

In 2020, BitMax has strived to build its deep background and expertise in financial markets, make key breakthroughs and successfully set itself apart from its competitors. BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, hosted “The Pursuit of Excellence, Breakthrough, and Win-Win” at Renaissance Beijing Wangfujing Hotel in celebration of the company’s two-year anniversary. The event brought together over 200 blockchain investors,...

Coinbase verwaltet 20 Milliarden US-Dollar Der geplante Börsengang rund um Coinbase bringt die Bitcoin Community in Aufruhr. Einerseits, weil Coinbase die beliebte digitale Währung von Ripple Labs aus dem Sortiment nimmt und den Handel mit XRP deaktiviert. Andererseits bringt gerade der geplante Börsengang die Bitcoin Community in Aufruhr: Viele Bitcoiner wollen vom Börsengang...

As Bitcoin hits a new all-time high above $28,500, analysts expect that it shall peak-out in early 2021 and thus retail players could get an opportunity to buy at lower levels ahead.Bitcoin (BTC) is showing no signs of rest at the moment and continues to hit new milestones every passing day as we are getting closer to 2021. The Bitcoin (BTC) price just moved past $28,500 levels hitting its new all-time high. With this move, BTC added nearly $2000 to its price in just 24-hours.The latest...

The price of the Polkadot token (DOT) has skyrocketed by about 60% in a week to a new yearly high of $7.7. This development coincided with positive news from Binance as the leading crypto exchange announced a $10 million fund to support projects within the Polkadot ecosystem.Binance’s $10M Fund For PolkadotLaunched via an ICO in 2017, Polkadot’s network allows interoperability and scalability for all protocols that employ it. The project’s popularity has skyrocketed since mid-2020 after...

According to the CoinMarketCap data, Bitcoin has made a daily gain of 6.671% to its current price of $27,965.Bitcoin price has in the last quarter of the year showed what it got by combining all market behavior in its recent run to the top. Crash, bear run, bull run, and setting new records have all been witnessed within a week and 24 hours. According to recent data, Bitcoin has set a new all-time high price record of $28,533 after taking a rebound from $26,395 on December 29, 2020. This is a...

Intel shares advanced on the 29th of December following Third Point’s letter to the chipmaker.Intel Corporation (NASDAQ: INTC) shares grew by 4.93% after fund management company Third Point persuaded the chipmaker to explore “strategic alternatives.” Third Point is urging the board of directors at Intel to employ an investment adviser after the semiconductor company lost market share to Advanced Micro Devices (AMD) (NASDAQ: AMD), Taiwan Semiconductor Manufacturing (TSMC) (NYSE: TSM), and...

Tron price started a fresh decline from well above $0.0300 against the US Dollar.TRX price is now trading below the $0.0280 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could continue to move down if it fails to stay above the key $0.0265 support zone.TRON price started a fresh decline after it failed to stay above $0.0312 against the US Dollar, while...

Bitcoin price started a fresh upward move from the $26,000 support zone against the US Dollar.The price is now trading well above $27,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $27,150 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 $28,350 and $28,500 resistance levels.Bitcoin price is currently gaining momentum above $27,500 against the US Dollar. BTC...

Bitcoin price has fallen under the psychological $27,000 level today and is now tracking inside a descending triangle pattern on the 4-hour chart.These patterns form when the price consolidates between a sloping resistance and flat support (yellow lines). It’s usually a signal that bearish momentum is increasing and that the flat support will be overcome soon.Breakouts from this pattern tend to be quite extensive and require strong supports to provide bullish traders with an opportunity to...

2020 has been the year of institutions, and Sky Bridge Capital – a hedge fund driven by Anthony Scaramucci – has decided to join the ranks. The company recently invested more than $25 million into the world’s largest and most popular digital currency by market cap after filing the appropriate paperwork with the Securities and Exchange Commission (SEC) early last week to form what’s now known as the Sky Bridge Bitcoin Fund L.P.Scaramucci Sees Bitcoin as Completely NecessaryThe company has...