Tron price is currently facing a strong resistance near the $0.0118 and $0.0120 levels against the US Dollar.TRX price is likely to remain well bid above the $0.0110 support area.There is a key contracting triangle with resistance near $0.0118 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0110 area.TRON price is trading in a crucial range with positive signs against the US Dollar, similar to bitcoin. TRX price...
Read More »Ethereum Price Analysis: ETH Preparing For Next Significant Break
Ethereum price is currently holding the key $124 support area against the US Dollar.ETH price seems to be struggling to clear the $134 and $135 resistance levels.There is a major contracting triangle forming with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price could either rally above $135 or it might dive back towards the $110 support area.Ethereum price is trading in a range and preparing for the next move against the US Dollar. ETH/USD must gain traction above...
Read More »Bitcoin and Ethereum Are Worst Investments in 2020 after Crude Oil
Bitcoin and Ethereum are two of the most famous cryptocurrencies. During the fall of the markets, they fall especially loudly. Is this the ‘store of value’ power we’ve been hearing about for years? But only oil perform worse these days.Since the beginning of the global coronavirus pandemic, world markets kept falling into the abyss. Many people start thinking about the true value of Bitcoin, Ethereum, crude oil, futures, and stocks. The Block analyst and notable crypto observer Larry Chermak...
Read More »Chainalysis and Paxful Partner Up to Develop Safer, Stronger Crypto Trades
Blockchain analysis company Chainalysis has joined hands with peer-to-peer (P2P) marketplace Paxful to create a safer, stronger trading platform for those looking to exchange or trade cryptocurrencies in the future.Chainalysis and Paxful… The Perfect Match?With so much theft and malicious activity occurring throughout the crypto space over the past few years, many companies like Chainalysis realize that while digital assets are here to stay and edging closer to mainstream territory, they...
Read More »Microsoft (MSFT) Shares Rise 6.87%, Microsoft Cloud Services See 775% Spike
Microsoft (MSFT) stock rose by over 6% to trade at $159.99 on March 30. The spike is attributed to a 775% rise in the Microsoft Cloud services usage, as more people stay at home amidst coronavirus outbreak.Microsoft Corporation (NASDAQ: MSFT) shares experienced a sharp uptick of 6.87% in the late European trading hours, to clinch at $159.99. The spike in stock is being attributed to the rise in usage of its services as the coronavirus outbreak pushes people to stay at home and find...
Read More »These Sites Are Creating False QR Codes to Take Your Crypto Stashes
A series of allegedly fake sites built to generate QR codes have stolen bitcoin from unsuspecting users.Fake QR Codes Designed to Steal BitcoinThe total amount of money stolen exceeds $45,000, all of which has been taken over the last four weeks. It’s an unfortunate fact that so much has been stolen when bitcoin has lost so much of its value. Traders have enough to worry about with the economic problems occurring that are bringing bitcoin’s price and status down. Now that so many investors...
Read More »Johnson & Johnson Stock Up 7%, Human Testing of Coronavirus Vaccine to Begin by September
Johnson & Johnson after the announcement of the test of its coronavirus vaccine, JNJ stock has continued to surge, rising over 7%.Multinational pharmaceutical firm Johnson & Johnson (NYSE: JNJ) on Monday announced that human trial of its experimental vaccine for ravaging coronavirus will start September and would be ready for emergency use authorization early next year.After Johnson and Johnson made the announcement, the firm’s JNJ stock has continued to surge, rising over 7%.Johnson...
Read More »OKCoin Gets License to Offer Its Services in Japan
OKCoin has received a license to work in Japan and will soon launch its exchange service for individuals and businesses in the country.OKCoin, the premier cryptocurrency trading exchange, has secured a license to begin operations in Japan. While this may not sound like a big deal, there are many reasons to consider this as one of the major events in the cryptocurrency community for 2020. OKCoin Opens Its Operating Unit in JapanIts Tokyo unit OKCoin Japan obtained the license without recourse...
Read More »Bitcoin Has Fallen By Another $200
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has fallen an additional $200 and is now trading for just over $6,000.Bitcoin Has Dropped Another $200This means the currency has lost about $700 in just a few days. At the end of last week, the asset had reached a solid price of about $6,700 – a nice throwback to where it had been before all this crazy coronavirus panic. While this was still more than $3,000 less than its February high point, bitcoin...
Read More »Trump Agrees to Shut Down till April 30 to Maintain U.S. Coronavirus Death Toll Below 100K
President Donald Trump reversed his earlier decision to open the United States by April 10, 2020, and now he plans to reopen the country for business on April 30.On March 29, President Donald Trump reversed his earlier decision to open the United States by April 10, 2020. He has decided to extend national social-distancing guidelines to April 30. This initiative is aimed at keeping the forecasted coronavirus death toll in the U.S. from reaching catastrophic and worst-case scenario levels.In...
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