Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.Crypto prime brokerage Tagomi joins Facebook‘s Libra Association. The company will be the 22nd member of the Association and the second to join since the group’s formal foundation in October 2019. Tagomi President Marc Bhargava has already confirmed the news. But the formal announcement from...
Read More »Litecoin (LTC) Price Analysis: Nosedives Below $60, $50 Next?
Litecoin price declined heavily and broke a few key supports near $68.00 against the US Dollar.LTC price struggled to stay above $65.00 and even declined below $60.00.There was a break below an important bullish trend line with support at $72.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now in a bearish zone and it could even decline below the $58.00 support.Litecoin price is down more than 20% from highs against the US Dollar, similar to bitcoin. LTC...
Read More »Changpeng Zhao Launches Attack on Craig Wright
Craig Wright is once again at the center of controversy… Not necessarily because he’s done anything wrong. That just seems to be what he does best.Wright and Zhao: At Each Other’s Throats?In a recent string of tweets, Changpeng Zhao – the CEO of Binance – expressed his frustration with Wright, and is denying any possibility that the Australian bitcoin developer could be Satoshi Nakamoto, the famed and notoriously private inventor of the world’s number one cryptocurrency by market cap.One of...
Read More »Buffett Has Lost a Lot of $$ for Not Taking BTC Seriously
As we all know by now, Berkshire Hathaway is run by one of the biggest bitcoin haters across the globe. Warren Buffett – a billionaire and entrepreneur – has made it clear in the past that he wants nothing to do with cryptocurrencies and has even called bitcoin a “fraud” and compared it to a button on his coat in a recent CNBC interview.Warren Buffett Is Always Going to Hate BTCThis month, Warren Buffett indulged in a nearly $5 million lunch with founder and CEO of TRON Justin Sun. The lunch...
Read More »Bitcoin Crashes to $9,300 as Fears of Coronavirus Expand
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has fallen through the floor and is trading at just over $9,300. This means it’s lost more than $1,000 from its 2020 high point.Bitcoin Isn’t Doing So Hot, LatelyTo be fair, however, everything seems to be slumping. The stock market isn’t doing well either, with reports claiming the Dow Jones has dropped by more than 1,000 points in just the last 48 hours alone.Some claim that the heightened fear and...
Read More »Tesla Competitor Nio Surges 35% after Funding Talks with Hefei Govt
As the competitor of Tesla, Nio is discussing its future with the Hefei govt, NIO stock gained 30% on Tuesday. Today the stock keeps growing.Nio inc (NYSE: NIO) stock rose more than 30% on Tuesday. The rise happened after the company indicated a landmark agreement with the Heifei municipality in China.Could Nio becomes the new Tesla Inc (NASDAQ: TSLA)? The time will show. At the time of writing, NIO stock is trading at $4.60 indicating a rise of 4.55% within a trading day. TSLA is doing not...
Read More »Crypto Price Analysis February 26: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP 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 bulls have failed to break the important resistance levels out. Most probably, we should expect a good correction on the crypto market to begin. For example, on...
Read More »Coinbase Wallet Allows Customized Addresses to Facilitate Process of Sending Crypto
Coinbase Wallet, Ethereum Domain Service and mainwallet sync – one of the biggest companies in the industry just rolled out a significant update to its mobile app. Users are allowed to purchase ENS domains via in-app Dapp browser.When Coinbase established its own cryptocurrency wallet, its aim was to offer a possibility to send payments to the ETH-based domain names. But users of Ethereum wallets tend to send payments not only to the long, inconvenient to remember addresses. They also like...
Read More »Moderna (MRNA) Stock Keeps Growing as First Batch of COVID-19 Vaccine Candidate Sent
Moderna Inc (MRNA) stock has been skyrocketing since the company announced its mRNA COVID-19 vaccine has been successfully shipped to the National Institute of Allergy and Infectious Diseases.Moderna Inc (NASDAQ: MRNA), a biotech company that is focused on drug discovery and also in the drug development, has seen its stock market value continue rising even hours after it announced the release and shipment of its COVID-19 vaccine. The shares so far are up by 7.11% in the pre-market, where at...
Read More »Amazon (AMZN) Stock Down 2% on Tuesday, Company Is Preparing for Coronavirus Troubles
Thousands of Amazon.com Inc. sellers who built their businesses using China’s cheap and efficient manufacturers are on the spot as the coronavirus shuts factories there. AMZN stock was down on Tuesday but seems to start growing in the pre-market.Amazon.com Inc (NASDAQ: AMZN) is allegedly doing everything it can to stock up on inventory as the coronavirus (COVID-19) spreads at a rapid pace. Worries about it becoming a pandemic rise and people are buying everything from the stores (like this...
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