Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Facebook announced that it will not support all state-controlled media outlets in promoting their ads effective this summer ahead of the 2020 U.S. elections. FB shares are up 0.45% to trade around $227.30 in the pre-market.
The Nasdaq 100 index showed a sharp recovery after the market crash and made a new intraday record on Thursday. Analysts are turning bullish over the reopening of the economy with many saying that the worst is behind us.
Since COVID-19 first broke out, Revolut has reportedly asked over 50 Poland and Portugal-based workers to quit. Meanwhile, the company revealed a new version of its app that is aimed at enhancing user experience.
Elon Musk believes it’s time to break up Amazon. In a series of tweets, he called the company a monopoly after it was revealed that his book about coronavirus doesn’t meet Amazon guidelines for sale.
AstraZeneca plans to deliver 1 billion doses of a COVID-19 vaccine to developing countries, 400 million doses can become available this year. Moreover, 400 million doses will be sent to the U.S. and the United Kingdom. AZN stock is up in the pre-market.
Tether is now the third biggest cryptocurrency by market capitalization. On May 25, it overtook XRP, reaching a market cap of around $8.7 billion. Now it is expected that USDT can become the number two crypto instead of Ethereum.
Tesla has major plans for expansion in China, Germany and the United Kingdom. Meanwhile TSLA stock is down today, trading at below $860.
If the talks between Amazon and Bharti Airtel are successful, Amazon will buy a 5 percent stake in this Indian telecommunications company.
The funds that Bill Gates-backed GAVI is going to raise are meant to assist failing healthcare systems in the world’s poorest countries.
U.S. jobless claims for the week that ended on Saturday totaled close to 1.9 million. Continuing claims, which represent the aggregate total of people actually receiving unemployment benefits, also came in higher than expected.
Current data from CME and other Bitcoin price monitoring bodies have shown a bullish activity among institutional investors which may help Bitcoin price to hit $13,000 in June-July
Morgan Stanley expects that Apple (AAPL) stock price could climb to $340 being powered by strong App store sales results. Today AAPL is at $324.94.
On Thursday, the leading cryptocurrency keeps correcting, which is absolutely logical after the latest movements. Today Bitcoin is generally trading at around $9,500.
According to SVB Leerink analyst Geoffrey Porges, remdesivir price is likely to be $5,000 per course in the US, $4,000 per course in Europe, and around $2,000 in other markets. Gilead Sciences (GILD) stock keeps rising.
ZoomInfo has repriced its IPO with a target to hit $890 million. This new projection is aimed at offering each share at $19 to $20 following boosted interests from investors.