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Bitcoin Below $7,000, Clear Regulations Are Directly Related to BTC Price Volatility
By Steve Muchoki
• 3 mins read
On Monday, April 20, 2020, Bitcoin (BTC) price dropped below $7,000. The fall comes amid coronavirus pandemic as findings by new research shows that clear regulation has a direct effect on Bitcoin price volatility.
Bitcoin Halving Is Just 22 Days Away and Catches Institutional Investors’ Interest
By Steve Muchoki
• 3 mins read
With Bitcoin halving set to take place on May 12 and 22 days left, institutional investors are catching the fever and can’t help taking advantage of the crypto asset’s huge opportunities.
Renaissance Permits Medallion Fund to Enter CME’s Bitcoin Futures Market
By Steve Muchoki
• 3 mins read
Renaissance, which had nearly $166 billion in regulatory assets under management at the end of 2019, has “permitted” the Medallion fund to enter the Chicago Mercantile Exchange’s (CME) cash-settled Bitcoin futures market.
Apple iPhone 12 Pro Max to Look Like iPad Pro, AAPL Stock Adds 5% in a Week
By Steve Muchoki
• 3 mins read
Apple iPhone 12 Pro Max schematics show off the cutting edge design that reminds iPad Pro. Apple (AAPL) stock maintain a rising trend but closed with a small fall on Friday.
Binance Unveils Binance Smart Chain for Enabling Smart Contracts
By Steve Muchoki
• 3 mins read
Binance community proposes the idea of a parallel blockchain to the current Binance chain, called Binance Smart Chain, which will offer better smart contract functionality.
General Electric, Ford Stocks Jump 5% as Companies Sign $336M Contract to Make Ventilators
By Steve Muchoki
• 3 mins read
General Electric (GE) and Ford (F) stocks jumped by over 5.50% on Friday, as companies signed a $336 million federal contract to make ventilators urgently needed for coronavirus patients.
MSFT Stock Up 3% Yesterday, Microsoft Lands Deal with NBA to Use Azure and Surface
By Steve Muchoki
• 3 mins read
Microsoft (MSFT) rose by 3.0% on April 16 as the company lands a deal with the NBA to tap on the Azure public cloud and to use its Surface device.
Facebook (FB) Stock Up 2.71% in Pre-market, Zuckerberg Lets Employees Work Remotely
By Steve Muchoki
• 3 mins read
Facebook (FB) stock is on the rise for the past few weeks, Zuckerberg decided to cancel events involving more than 50 people and to allow employees to work from home through summer.
Wyoming Amended Insurance Code to Allow Domestic Companies to Invest in Digital Assets
By Steve Muchoki
• 2 mins read
The U.S. State of Wyoming, one of the most crypto-friendly states in America, has amended its insurance code to allow domestic insurance companies to invest in digital assets like Bitcoin.
Amazon’s Jeff Bezos Wants to Test All Employees for COVID-19, AMZN Stock Up 3.52%
By Steve Muchoki
• 3 mins read
Amazon CEO Jeff Bezos says the company is developing COVID-19 testing capabilities to keep a record of all its employees globally. Amazon (AMZN) stock price is rising over 3% today.