Tag Archives: News

Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...

Ripple CEO Brad Gralinghouse has lashed out at Novogratz’s comment on XRP. Galinghouse said that so far in 2020, XRP has successfully managed to outperform Bitcoin. He also pointed out some of Novogratz’s failed predictions from the past.Ripple‘s XRP cryptocurrency remains in the news after it jumped 20% in the last seven days with a sudden volume surge. XRP, the world’s third-largest cryptocurrency has been the talk of the town after its poor show in 2019.While almost all other top-ten...

Elon Musk is being thrown back into the crypto fray. This time, he’s at the center of several Twitter-based bitcoin scams, and he’s warning his followers to steer clear.Bitcoin Scams Just Don’t Leave Elon Musk AloneMusk has long been at the center of fraudulent activity, in which users of Twitter potentially try to doctor separate accounts to make them look like Musk’s. They utilize his picture and writing style, along with other elements to convince unsuspecting persons why they should send...

Blockchain technology has been touted over the years as something revolutionary. It’s capable of so much more than just revamping our financial infrastructure as we know it. It’s already been tested in supply chains and even voting systems.Blockchain Voting Isn’t All It’s Cracked Up to BeGiven the latest fiasco involving the democrat Iowa caucuses, perhaps blockchain could have been utilized to ensure the safety of voters’ identities and as insurance that such an event would never have...

Today is something of a mixed day for cryptocurrencies. Bitcoin – the world’s leading cryptocurrency by market cap – has ultimately taken a few steps back and is now trading in the $9,100 range, when just yesterday it was circling around $9,200.Bitcoin Is Falling Back While Stocks Move UpPrior, it was trading at an even $9,400, so it appears some of the bullish marks that have been hitting the currency as of late are beginning to take a rest.Bitcoin was potentially on a path to shutter past...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin 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.Digital assets continue testing their closest resistance levels. Bulls are increasing the pressure and there is a good chance to witness new rising impulses towards...

Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.Detroit-based Ford Motor recently released disappointing figures from its earnings report for 2019’s fourth quarter. Its forecast for 2020 is also less than expectations from Wall Street. In response to these disappointing figures, the company’s shares plunged. As trading closed yesterday, Ford (F) stock plummeted by almost 10%, to...

Venture divisions of Salesforce and Samsung joined a second Series C funding round for a startup called Digital Asset that had already gathered $35 million from investors.Digital Asset, a New York-based financial technology company that builds products based on distributed ledger technology for regulated financial institutions, has acquired investments from Salesforce Ventures and Samsung Venture Investment Corp in the second closing of its Series C funding round. It was revealed on Tuesday,...

Chipotle’s quarterly earnings have emerged stronger than the expectations of many on Wall Street. Will the company be able to show excellent performance this year?Chipotle’s quarterly earnings have excited investors. Tuesday’s trading was quite a day for the stock. Chipotle Mexican Grill (CMG) stock went up to $890.17 which is a 1% increase. However, now the price has decreased to around $856.This occurred before its earnings release which has proven to be positive. Adjusted earnings per...

Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.As Tesla stock (TSLA) continues to defy gravity, Elon Musk has achieved another earnings milestone. The CEO is now one step closer to reaping the heavy benefits of his earnings deal as agreed by shareholders back in 2018. If things continue this way, Musk could become one of the world’s most powerful CEOs and also one of...