Tag Archives: News

After a woman who was on a cruise ship tested positive for the coronavirus, authorities are now trying hard to find other passengers. Such a situation resulted in a new wave of worries.While authorities all over the world are bending over backward to curb the coronavirus outbreak, things might be getting worse. Apart from the rising number of confirmed cases and deaths, the spread is still raging on. Now, several authorities are currently in a fix as they try to find a few hundred people who...

Tesla (TSLA) stock is rising above $800 after hours. Elon Musk is looking for employees to join the Solar Roof team as the company is ramping up the installation of such roofs in the U.S.Tesla’s CEO Elon Musk recently gave an ad searching for workers.https://twitter.com/elonmusk/status/1228849721013346304Be it as it may, the truth is that even with a record fourth quarter for its solar energy and storage systems business, Tesla’s energy revenue fell by more than $24 million in 2019.Now, the...

According to the statistical data from the CME Bitcoin futures market, BTC may continue rising despite the current pullback.The CME Bitcoin futures market opened with the latest refresh data showing the best for BTC since the company introduced it in 2017. The data from CME Group provides investors and traders with transparency, price discovery and also risk management capabilities in order to make informed decisions in their trading. Therefore, it is worth noting that the latest update...

Having started at around $7,000 in January, the Bitcoin price has swung wildly above and below $10,000. With Bitcoin halving around the corner, many in the crypto space expect Bitcoin to keep climbing up the ladder.When we say Bitcoin halving we usually think of reduction of the miner reward in the Bitcoin  network. Well, the thing is – it is soon happening. The third ‘reward era’ will be opened in May this year and we cannot wait for it to happen. Why? Well, usually every time the halving...

The bears seem to be taking control of the crypto markets as Bitcoin and altcoins, including Ethereum and XRP, are losing heavily to wipe out all the last week’s gains. But technical indicators suggest good days ahead of this market correction.Bitcoin which was on an upswing last week took the beating on the weekend. The Bitcoin price nose-dived below $10,000 levels on Sunday, February 16, losing more than $300 in an hour.Having broken this crucial support, the world’s largest cryptocurrency...

Vitalik Buterin is enthusiastic about the world of decentralized finance, largely built on Ethereum. Moreover, he believes in the absolute success of Ethereum 2.0.Last week, the largest hackathon for Ethereum and other blockchain protocol enthusiasts ETHDenver 2020 took place in Colorado. Within the 3-day event, a wide range of activities is offered, including talks of top blockchain experts on the development of the industry. Ethereum co-founder Vitalik Buterin delivered a speech as well. He...

Stellar lumen price topped near the $0.0888 area and declined heavily against the US Dollar.XLM price broke a few key supports near $0.0800 to enter a bearish zone.There was a break below a major bullish trend line with support near $0.0752 on the 4-hours chart (data feed via Kraken).The pair even broke the $0.0700 support area and it is currently consolidating losses.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM could continue to move down if it...

Ripple-backed MoneyGram has announced that the new service called FastSend, that was created to allow customers to send money directly to the phone numbers of recipients, will be based on Visa and not on RippleNet or XRP.International remittance giant company MoneyGram has recently announced its new FastSend service in order to facilitate the transfer of money to the recipient’s phone numbers. The service will be powered by Visa and not by the pre-existing partnership with Ripple that offers...

Ripple price topped near the $0.3480 area and started a strong decline against the US dollar.The price is down more than 15% and broke the $0.3000 support area.There was a break below a key bullish trend line with support near $0.2885 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair tested the $0.2680 support area and it is now showing a few bearish signs.Ripple price started a strong bearish wave from well above $0.3400 against the US Dollar. XRP price is now...

A cryptocurrency investor is telling the rest of the trading world that bitcoin could be headed for a downhill slope if things ease up in China. Omer Ozden – the CEO of Rock Tree Capital – claims that if problems like the coronavirus calm down, we’re likely to see less trading activity in the coming months.Omer Ozden: If the Virus Goes, Crypto Trading Could GoThe coronavirus has been running through areas like China for the past several weeks. Over 1,000 deaths have been recorded, and the...