Tag Archives: News

Tron price started a fresh increase from the $0.0158 and $0.0160 support levels against the US Dollar.TRX price is now trading nicely above the $0.0165 resistance level.There was a break above a key bearish trend line with resistance near $0.0168 on the 4-hours chart (data feed via Bitfinex).The bulls seem to be in control and they are likely eyeing a break towards the $0.0200 resistance.TRON price is trading in a decent uptrend above $0.0160 against the US Dollar, similar to bitcoin. TRX...

Ethereum price is rising again from the key $160 support area against the US Dollar.ETH price is currently trading above the $165 and $170 resistance levels.There was a break above a major bearish trend line with resistance near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $178 and $185 resistance levels in the near term.Ethereum price is showing a lot of positive signs above $165 against the US Dollar. ETH/USD bulls are likely aiming...

After first announcing it back in November, Tether has released Tether Gold (XAUT), a new version of the popular cryptocurrency built atop the Ethereum blockchain.Tether and Gold: A Solid Match?The coin is backed by physical gold, and thus qualifies as a stable currency in that it is tied to something that’s known to retain its value during times of economic strife. The same goes for the “classic” or standard form of Tether, which is allegedly backed by reserves of the U.S. dollar.In...

Australia has a plan for tackling stable coins like Libra.Are Libra and Australia At It Again?Stable coin regulation will now be in the hands of Australia’s Prudential Regulatory Authority (APRA). As part of the Australian Council of Financial Regulators, the APRA has created what’s known as the Distributed Ledger Technology Working Group as a way of governing new operations and maneuvers in the industry of decentralized finance.One of the most controversial steps taken in recent years in the...

The stock market is famous for its volatility. While companies operating in one industry are on the rise, businesses in other spheres are suffering drops in prices. Currently, the world is obsessed with the rapidly spreading coronavirus that initially appeared in China. And obviously, it could not just pass by the pharmaceutical industry and such companies like Johnson & Johnson, producer of medical devices and pharmaceutical goods. Johnson & Johnson stock has seen growth last week....

As January draws to a close, the market is seriously anticipating the release of earnings reports from Apple and Facebook. Both companies, two of the world’s largest tech companies that make up the popular FAANG stocks, had a really great year in 2019. Before Wednesday when the last of these reports will be published, let’s take a look at their journey so far and what is expected.FAANG Stocks to AnticipateWhile the name comprises 5 different companies including Facebook, Apple, Amazon,...

Well, here’s some good news for all the bitcoin hodlers. It looks like the world’s number one cryptocurrency by market cap is back on track and is trading at $8,500.Bitcoin Is Coming BackThis is a $200 price increase over the past 24 hours. After several spells of the old gloom and doom meandering through the space (what with Lunar New Year in China and what have you), it seems like all the soothsayers are licking their wounds a bit and hiding out in a cave somewhere before they say anything...

The world was thrown into mourning yesterday, Monday 27th January 2020 as popular NBA star, Kobe Bryant alongside his 13-year-old daughter and a few others died in a fatal helicopter crash in Los Angeles. This news has brought about several condolence messages and tributes from everyone around the world and one of these tributes from the crypto community has stood out.The TRON Foundation has announced that its 2020 niTROn Summit which will hold from February 29 to March 1 will be dedicated to...

The initial public offering (IPO) market for 2020 is widely-anticipated in the finance industry. This is because more than a few companies last year, expressed intentions to go public sometime this year. While last year was a somewhat disappointing year for IPOs, 2020 is expected to be better. Top of the list is the GE Healthcare IPO and that of Airbnb as well.GE Healthcare IPO 2020American multinational healthcare manufacturing conglomerate GE Healthcare will go for an IPO this year. The...

Engineers from Square Crypto want to build a product that will make LN integration easier for the wallet developers. Whether Lightning Network is a good scaling solution or not is defined by adoption rates. So far, it is used mostly by the exchanges and people directly supporting Bitcoin Core. However, Twitter CEO Jack Dorsey thinks that development (and adoption) must flow faster. His revolutionary solution is called Lightning Development Kit (LDK) and is a creation of Jack’s new company.It...