Tag Archives: News

Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...

Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...

Millions of investors on TradingView can now buy Bitcoin, Ethereum, Bitcoin Cash and Litecoin through Gemini partnership.Gemini account holders and TradingView investors can now rejoice after the two companies decided to integrate their services. This was reported through their official web pages on February 04, 2020, where Marshall Beard, Gemini Corporate Development, was delighted to announce the news to the customers.With both entities having different tastes to offer to their customers,...

Ripple has entered in a new partnership. Together with International Money Express, Inc. (Intermex) it will ensure faster cross-border payments between the U.S. and Mexico.Ripple, a blockchain company specializing in global payments announced on Feb. 4 that it has partnered with International Money Express, Inc. (Intermex), a company providing remittance services to Latin America and the Caribbean corridor. The partnership between Ripple and Intermex is another testament to the blockchain...

Ripple’s XRP has surprised the market and the investors as its price jumped 10% due to a sudden surge in trading volumes. With today’s move, the XRP price has gained 35% year-to-date.XRP that us actively used by Ripple in its solutions has witnessed a sudden inrush of volumes today gaining over 10%. Despite the majority of top-ten cryptocurrencies showing only minor movement, XRP has successfully broken its downtrend.At press time, the XRP price is 11.84% higher in the last 24 hours and is...

ADA price is trading in a positive zone above the $0.0550 resistance area against the US Dollar.The price is likely to surpass the $0.0600 resistance area in the near term.There are two key bullish trend lines forming with support near $0.0550 and $0.0535 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips towards $0.0520 if it corrects lower in the near term.Cardano price is showing a lot of positive signs above $0.0550 against the US Dollar, similar to...

Bitcoin price traded to a new 2020 high at $9,620 before it started correcting lower against the US Dollar.The price traded below the $9,500 level and even spiked below the $9,210 support area.There is a major bullish trend line forming with support near $9,105 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally again above $9,300 or it might dip towards the $8,840 support area.Bitcoin price rallied towards the $9,650 level before correcting lower...

Jack Dorsey – the CEO of Square and Twitter – has debuted a new bitcoin emoji, and many people in the crypto community couldn’t be more excited.Jack Dorsey Gives Rise to the BTC EmojiDorsey has always offered praise to bitcoin and cryptocurrency in general. In 2018, he stated that bitcoin was likely to become the world’s single currency in approximately ten years. In addition, he is about to embark on a three to six-month tour of Africa, in which he will work to bring bitcoin and the power of...

Tesla had (and still has) a great day on Tuesday since its stock is growing at a faster pace ever and is closer and closer to $1000. At 3:10 pm ET the stock was growing by 21.21% to $945.The surge has been happening as soon as the market had opened, which means it had grown by almost $300 a share in just two trading sessions. The rise drove the automaker’s general value to more than $160 billion after it just got to $100 billion in value less than two weeks ago.Jesse Cohen, an analyst with...

One of the biggest problems surrounding bitcoin has to do with the fact that it isn’t used much as a method of payment. According to new statistics from top crypto exchanges, this may be changing.More Merchants Are Accepting BitcoinTwo cryptocurrency trading platforms – Coinbase and BitPay – show that more merchants are utilizing bitcoin and cryptocurrencies. BitPay, itself, processed more than $1 billion in transactions in which the world’s leading form of crypto was utilized as a method of...