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Huge Panic Grips Crypto Market: Ethereum, XRP and Other Altcoins Fall by 20-30%
By Steve Muchoki
• 3 mins read
The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.
Bitcoin Price Down 23% Today to Trade Below $6,000
By Steve Muchoki
• 2 mins read
Bitcoin price has fallen down 23% today. Alongside, the whole crypto space has been affected in a similar way as coronavirus gets declared a global pandemic
Group of Anonymous Bitcoiners CoroHope Starts Searches for Coronavirus Vaccine
By Steve Muchoki
• 3 mins read
A group of anonymous Bitcoiners known as CoroHope has begun their search for a coronavirus vaccine. Although not authorized by the FDA, CoroHope is hopeful it might crack on the vaccine for the deadly COVID-19 virus.
TSLA Stock Down 1.72%, Tesla Is Highest-Valued U.S. Industrial Company Overtaking Boeing
By Steve Muchoki
• 3 mins read
Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.
Amazon and Gates Foundation May Deliver Coronavirus Test Kits to Seattle Homes
By Steve Muchoki
• 3 mins read
Amazon Care and Bill & Melinda Gates Foundation may team up to deliver coronavirus test kits to Seattle residents. But there is no official confirmation of this cooperation.
Saudi Arabia Plans to Ramp Up Oil Production, Escalating Oil Prices War with Russia
By Steve Muchoki
• 3 mins read
Through the state-owned company Aramco, Saudi Arabia plans to raise its oil production from 12 million BPD to 13 million BPD. The sell-off was as a result of the production disagreement with non-OPEC member Russia.
Dow Jones Opens with Fall as Coronavirus Panic and Oil Price War Go On
By Steve Muchoki
• 3 mins read
The Dow Jones opened with a fall amid the coronavirus outbreak. The Saudi Arabian and Russians continue with their supremacy battle on the crude oil price.
Bank of England Cuts Rates Due to Coronavirus, Health Minister Tests Positive
By Steve Muchoki
• 3 mins read
The Bank of England cuts interest rates by half. The country’s Health Minister Nadine Dorries tested positive for coronavirus.
Elon Musk Plans to Open Tesla Cybertruck and Model Y Factories in U.S.
By Steve Muchoki
• 3 mins read
Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.
U.S. Treasury Yields Edge Lower as Confirmed Coronavirus Cases in the Country Surpass 1,000
By Steve Muchoki
• 3 mins read
The U.S. Treasury yields increase volatility caused by coronavirus panic as the number of confirmed cases in the country is growing.