Tag Archives: News

The launch of Ethereum 2.0 is expected to happen just in a few months. Experts believe that Ethereum price may reach $360.The world’s second-largest cryptocurrency Ethereum is set to witness a further 60% rally after breaking a key resistance that saw it leap from yearly lows of $120 to highs of just under $230. ETH has been one of the top-performing cryptos since the turn of the year and it is expected to maintain and continue its steady rise, reports revealed on February 9, 2020.At the...

One of the Wall Street bulls Edward Yardeni believes that there is currently no bigger threat to the financial market right now than the coronavirus outbreak. The number of death cases is growing.The world already has more than enough evidence that the coronavirus is a big enough market threat. In the very recent past, we have seen the unpleasant effects of the coronavirus on the world’s financial markets. Oil prices also took a beating, as well as several businesses. Even though investors...

Amazon has joined a number of big exhibitors that have already pulled out of the world’s largest mobile trade show MWC, including LG, Ericsson and Nvidia, citing concerns over the spread of the coronavirus.After some biggest companies canceled their plans for the Mobile World Congress (MWC), Amazon joined this infamous list. Congress is planned to take part later this month in Barcelona. However, a lot of companies as are LG, NVIDIA and Ericsson decided not to attend because of...

Facebook (FB) stock price is moving higher despite all the noise around the company partially caused by Elon Musk’s negative position toward it.Last few years we are witnessing Facebook getting numerous objections from many sides. It all culminated when its CEO Mark Zuckerberg last year publicly admitted that the company won’t ever be included in checking the credibility of political parties that are advertising on the social network. Of course, it all was sparked even more when it’s...

With China under the lockdown of the coronavirus outbreak, Airbnb has decided to suspend all bookings in the capital city of Beijing until Feb 29. The company has also issued refunds to all the people who had to cancel them due to local regulatory rules.San Francisco-based real estate rental giant Airbnb has recently all of its check-ins at Beijing listing until March 2020. The recent move comes in accordance with the local regulations which seek to curb the spread of the coronavirus...

Ripple’s XRP price is showing all the signs of reaching $0.60 in the near future, as it is supported by different technical and fundamental aspects.Ripple’s XRP price can hit $ 0.60 in the near future possibly months if it breaks the current strong resistant level at $0.285. This is a huge relief in the larger XRPL community who have seen the coin depreciate in the last year with a sharp downtrend, leaving it trading below a dollar.Having traded at its lows since late 2018, XRP could enjoy a...

As yesterday Bitcoin broke through $10,000. Pompliano confirms his Bitcoin price prediction for 2020. He believes BTC is moving higher to reach $100K in December 2021.On Sunday, February 9, Bitcoin price crossed its psychological barrier of $10,000 levels. The entire crypto community started rooting for Bitcoin to touch a new all-time high.At the current price, Bitcoin is 40% up since the beginning of 2020. At press time, Bitcoin is trading at a price of $9852 with a market cap of $179...

L Brands is nearing a deal to sell its Victoria’s Secret brand. The buyer is Sycamore Partners, a private equity firm specializing in retail and consumer investments. The details of the deal have not been revealed.In January, there appeared rumors about L Brands considering selling Victoria’s Secret brand and its CEO Lex Wexner stepping down. According to those familiar with the matter, the acquiring company is Sycamore Partners, a private equity firm specializing in retail and consumer...

Stellar lumen price is trading nicely in an uptrend above $0.0700 against the US Dollar.XLM price traded as high as $0.0738 and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0704 on the 4-hours chart (data feed via Kraken).The pair remains in an uptrend and it could continue to rise above the $0.0750 level.Stellar lumen price is showing positive signs above $0.0700 against the US Dollar, similar to bitcoin. XLM is likely to surpass $0.0750 for...

Bitcoin (BTC) price has slipped below $10,000 in the early Asian trading hours to trade above last week’s resistance zone after reaching $10,200 over the weekend. Bitcoin price has dropped below the long-awaited $10,000 price tag after hitting $10, 200 yesterday. Checking the BTC derivative chart, the market opened with a huge gap as a result of the high trade volume over the weekend. Using technical analysis, whenever there is a market gap in the derivative market chart, it is bound to be...