Tag Archives: News

Dow Futures dropped 400 after a report of the first coronavirus case in Northern California, of unknown origin. The drop has come even after Donald Trump gave assurances to the investors that the virus is under control and there is no call for alarm.The Dow Futures dropped 400 points in the early hours of trading on Thursday, and it’s indicating a further drop after the first coronavirus case of unknown origin was reported in the U.S. Northern California. The CDC confirmed it does not have a...

EOS price started a major decline from the $4.429 swing high against the US Dollar.The price broke many key supports near the $4.000 and $3.800 levels.There is a key bearish trend line forming with resistance near $3.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but the bears are likely to remain active near $3.800.EOS price is down more than 10% and it broke the key $3.800 support against the US Dollar, similar to bitcoin. It seems like...

PrimeXBT is proud to announce that it received three prizes at Forex Awards as the Best Crypto Trading Platform, the Best Crypto and Forex Broker, and the Best Crypto Trading App.The 2019 edition of the Forex Rewards has revealed that Bitcoin-based margin trading platform PrimeXBT made a clean sweep of the awards in the cryptocurrency categories. In the category of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App, PrimeXBT walked away...

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...

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...

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...

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...

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...

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...

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...