Tag Archives: News

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market is actively correcting but the current movement is looking more like a rebound before a new wave to the downside. However, in the chart of...

Is Amazon (AMZN) stock still the king of the markets? Only time will tell us as the world goes topsy-turvy due to COVID-19.Amazon.com Inc (NASDAQ: AMZN) stock on a normal day used to be a “must-buy” for many investors. Today, the stock could as well rule the markets. The COVID-19 pandemic has sent markets south to incredibly new lows.This has created a new paradigm. Top-performing stocks are difficult to spot and the losers are everywhere across the board. The volatility of the markets has...

Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.Facebook Inc (NASDAQ: FB) stock is suffering as the coronavirus continues its spread and badly affects the market. On Tuesday, the Facebook stock closed at $161.23 and further dropped in the after-hours sales. Today, it has opened at $158.92 but already tanked by 3.33%. At the moment of writing, the Facebook stock...

While Apple stock has corrected nearly 32% in just the last month, analysts point out at its strong fundamentals and multiple revenue streams and say it is a good bet at the existing valuations.On Tuesday, March 24, the U.S. stock markets recovered significantly after some fiscal stimulus measures the previous day. Smartphone giant Apple Inc (NASDAQ: APPL) also showed yesterday a solid 10% plus recovery with the company reclaiming its trillion-dollar valuations. On Tuesday closing, the Apple...

Nike reported quarterly earnings that have topped analysts’ expectations boosted by the company’s digital business and its success in North America. Nike stock is over 10% up today.On March 24, Nike Inc (NYSE: NKE) reported its earnings that topped analysts’ expectations, its stock reacted to the news. The quarterly earnings beat expectations due to a boost that came from the company’s digital business and significant growth in North America. These developments helped mitigate weakness in...

Ethereum network co-founder and the brilliant mind Vitalik Buterin claims it’s a shame that the community still has to rely on ‘trusted’ parties to send Bitcoin value to Ethereum and back. He offers to change this using the Uniswap-alike decentralized solution.In a series of pretty interesting Twitter posts, Vitalik Buterin outlines presumable Ethereum future steps. Those steps needed to investigate the paranormal fact: Bitcoin and Ethereum still have no cheap and reliable means of...

ADA price is currently consolidating in a tight range below the $0.0320 resistance against the US Dollar.The price is holding the key $0.0280 support level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0284 on the 4-hours chart (data feed via Kraken).The price could start a strong rise above the $0.0320 and $0.0340 resistance levels in the near term.Cardano price is making an attempt to rise above key hurdles against the US Dollar...

Bitcoin price is trading nicely above the $6,400 and $6,220 support levels against the US Dollar.It is facing a major hurdle on the upside near the $6,840 and $7,000 levels.There is a major contracting triangle forming with resistance near $6,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well supported near $6,400 and $6,300.Bitcoin price is trading in a positive zone above the $6,400 level against the US...

Investments in the crypto industry have been very up and down as of late, but one company, a startup known as Ternio, reports that it’s doing better than ever when it comes to attracting new digital currency investors.Ternio Has Seen A Surge in InvestmentsThe spread of the coronavirus pandemic has caused many people to lose their cool when it comes to crypto and stock investments. Over the past few weeks, bitcoin has dropped from over $10,300 to about $6,300 at the time of writing. More than...

Brave, Binance unite their passion for cryptocurrencies. The new application which is built into the Brave browser will allow Binancians to log in to the account, send, receive, swap cryptocurrencies such as Bitcoin, Ethereum and so on.If you don’t have Binance account, the applet can be deleted and re-added on each new tab via browser’s Settings. Brave browser partners with Binance to allow users to send and receive coins via exchange in each new Browser tab.With the new update, Brave...