Cryptocurrency Analysis and News Portal
Iran’s deputy health minister has been infected with coronavirus. The news comes an hour after the nation’s President asked citizens to not panic about the epidemic. Experts believe the number of cases in Iran to be much higher. Iran’s Fars news agency has reported that the nation’s deputy health
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The stock market cratered on coronavirus fears. Donald Trump took to Twitter to try to calm investors’ nerves. Analysts see more downside potential for the stock markets. When they tell you not to panic, that’s when you run. This line from the movie “2012” appears to be relevant these
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The Dow Jones nosedived Monday, but investors who are willing to take a risk could use this dip to nab value stocks. Warren Buffett reminded investors not to panic over the weekend as coronavirus spread throughout Italy. While the virus is likely to dent global growth, the impact is
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South Korea reports new cases of coronavirus as four army soldiers are affected. 6,400 soldiers are being diagnosed as a precautionary measure. The government raised alert level to the maximum, but reluctant towards imposing additional travel restrictions. Hours after the government of South Korea raised the alert level for
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The Chinese automobile industry is in freefall as the country deals with the economic fallout from the coronavirus outbreak. Tesla depends on China to fulfill the optimistic guidance provided by Elon Musk. Tesla probably won’t be able to meet its forecasts because of China-related headwinds. Car sales in China
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The Dow Jones struggled on Thursday as the Trump administration changed its tune on China’s handling of the coronavirus epidemic. Top economic official Larry Kudlow stated the U.S. is “disappointed” with how events were playing out. Despite an inevitable economic shock, some Dow bulls believe the spike in infections could be good
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Ethereum (ETH) based cryptocurrency payment network Matic has described as “baseless” claims it manipulated the price of its token after it crashed 60% in minutes.In a blog post on Dec. 10, executives addressed community participants who saw the value of the project’s in-house MATIC token lose most of its
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AnalysisWhen looking at the chart below, we can see that Ethereum (ETH)trade is currently trading at $177.8. The price has broken the support of $178, turning it into resistance with new support at $173.43.The price seems to be stuck between the channels, like Bitcoin, with the resistance as the upper
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AnalysisWhen looking at the chart below, we can see that Ethereum (ETH)trade is currently trading at $166.67. The ETH price has recently broken the support of $171.25 turning it into resistance with the next support level at $160.75.The second-largest cryptocurrency’s price has fallen 26% which clearly indicates a negative momentum.
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