In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. Trading of the perpetual contract is yet to be reopened as the team...Read More
Bank of America (BofA) has a bullish view on gold and expects the prices of the precious metal to hit the $3,000 mark per ounce within the next 18 months, according to the bank’s latest report titled “The Fed can’t print gold.” Per the report, gold is the “ultimate store of value,” and the prices...Read More
By Mike Co In recent days, stablecoins have grown by nearly $3 billion. As a brief primer, a stablecoin is “a digital currency designed to maintain price parity to some ‘stable’ asset. A stablecoin can have its value ‘pegged’ to fiat money, to gold, to other digital currencies, to exchange-traded commodities, etc.” There are currently at least...Read More
Tezos is likely to correct downward to $1.6 if the price plunges below a five weeks wedge. Against Bitcoin, XTZ established resistance around 32840 SAT after gaining 27% in two weeks. Nonetheless, Tezos is still looking bullish across trading pairs despite the recent drops. XTZ/USD: Tezos Looking Bullish But Breakout Is Imminent Key Resistance Levels:...Read More
As a considerable amount in America’s stimulus checks flow into bitcoin, the cryptocurrency seems to be restless from other pressing matters like block reward halving and the holistic effects of COVID-19 on the general world economy. Below Dives Below $7,000 On Monday, April 20th, 2020, at 21:59 +0100 UTC, the price of bitcoin dropped below...Read More
The quest for utilizing blockchain technology during the coronavirus crisis is far from over. INATBA is launching its own COVID Task Force with the help of the EU Commission and UC London. It is remarkable how innovative technologies are suddenly in high demand again. Blockchain and the Coronavirus Remain an odd mix For blockchain, that...Read More
Bitcoin and altcoins leverage trading is becoming more and more popular. This is especially true in times of serious volatility when traders attempt to capitalize on the sudden market movements. As such, there has been an influx of new Bitcoin margin trading exchanges, and PrimeBit is among them. Being relatively young, the exchange offers a...Read More
XRP saw a 3.5% price decline over the past 24 hours of trading as the cryptocurrency battles with the $0.18 level. The support here is provided by a rising trend line, and a break beneath this could result in XRP unwinding toward $0.16. Against Bitcoin, XRP rebounded from 2650 SAT but is facing resistance at...Read More
The current crisis, largely induced by the unexpected spread of the novel coronavirus (COVID-19), took its toll on oil prices. For the first time in history, crude oil trades below zero, meaning that producers are paying the buyers for disposing of their supplies. While this is undoubtedly an event to be remembered, it’s unlikely that...Read More
In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 21st, the XRP cryptocurrency looks dubious, slightly growing in price. It is generally trading at 0.1836 USD. On D1, the technical picture is typical for the whole crypto market. The price is consolidating between 38.2% и 23.6% Fibo, which may mean that the price may be...Read More
Over the past two days, Bitcoin topped at a high around the $7300 mark, with no success of reaching the monthly high at $7400 – $7500. This resulted in a lower high, that terminated the higher-highs bullish trajectory which had been developed since the plunge below $4000 on March 12. Bitcoin had completed a 2-day...Read More
[Featured] The cryptocurrency market has exploded, with more and more people seeing the value in the economic freedom cryptocurrency brings. But with a lot of regulators still unclear as to their stance on Bitcoin and other digital assets, buying cryptocurrency can often be a challenge that leaves users in a tough spot. That’s where Coinmama...Read More
Contact tracing solutions are in high demand due to the global coronavirus crisis. Baseline, a smart contract and tokenization platform, is now throwing its hat in the ring. Baseline is an enterprise-grade blockchain venture created by EY, Microsoft, and ConsenSys. Improving Coronavirus Contact Tracing It is looking to bring distributed ledger technology and smart contracts...Read More
