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Bitcoin price surged 16% and crossed $9,200 by now. Market factors include the beginning of the removal of quarantine in the EU and the most powerful emission of the Central Bank of the EU and the Fed.
U.S. gross domestic product turned negative for the first time since 2014 in the first three months of the year as the coronavirus pandemic broadened out across the globe and country in March.
Tesla reported Q1 results, including a $16 million profit. A Covid-19 outbreak in China forced the company to suspend manufacturing in Shanghai for more than a week in February, and in the U.S. at the end of March. TSLA stock jumped 9% after hours.
Ripple’s arm Xpring has brought another glory to the crypto ecosystem as it is classified among the top ideas changing the world to a better place. Meanwhile, XRP price is 8% up.
Checkout.com is the first payments firm to join the Libra Association since Visa, Mastercard and Stripe pulled out over regulatory concerns. Libra was met with almost instant backlash from global policymakers.
The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750 two weeks before halving.
Ebang, a Chinese Bitcoin ASIC chip manufacturer, is looking to go public with new shares. The company has filed with the U.S. SEC for a $100 million IPO.
Despite its size, Alphabet is getting slapped around a bit this quarter along with the rest of the digital advertising space. However, GOOG stock may still be a good choice.
Bill Gates outlined the innovations needed to stop the Covid-19 pandemic and reopen the economy in a new blog post. He said the world must advance its treatments, vaccines, testing, contact tracing.
CNBC’s Jim Cramer said that investors should “stop circling the wagons around index funds”. It’s time for us to pay attention to new Covid winners.