Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Tesla Model 3 cars underperformed customers’ expectations. According to buyers, the hardware in Model 3 vehicles was the 2.5 version as opposed to the 3.0 version the company promised. Tesla (TSLA) stock was up on Wednesday.
To combat the pandemic-like situation with coronavirus spread, the Trump administration has ordered 35 million monthly N95 face masks from industrial giant 3M. The company has ramped up the production. 3M (NYSE: MMM) stock is up.
Dow Jones surges 1000 points for the second time in three days as markets cheer Joe Biden’s win North Carolina, Texas and Arkansas. The S&P health care sector surged 5.8%, the best single-day performance since 2008.
The price of XRP has been impressive this year. However, some fear is setting in as large transactions are recorded on the XRP Ledger.
Come the end of this season’s 2019/2020 English Premier League edition, Watford FC and jersey sponsor crypto-led sportsbook Sportsbet.io will join hands to host the first Crypto Cup meetup at Vicarage Road, the home of Watford Football Club.
Google has called off its I/O Developer Conference 2020 due to COVID-19 fears. It has joined the row of other major events globally to be canceled this year.
Unfortunately, the crypto market still fails to return to the phase of good growth. The assets are currently testing important support levels, and we can soon see a bounce and the beginning of an upward movement.
Willy Woo’s $135,000 Bitcoin price prediction makes waves in the crypto community. The notable trader in a chat with Max Keiser told the public that he expect Bitcoin to reach $135,000-250,000 level within a few months in 2020.
Facebook has changed plans for crypto and has decided to develop and issue multiple digital fiat-pegged assets in addition to Libra.
Bitcoin halving is one of the major reasons for volatility increase before May 2020. Miners increased their effors in mining Bitcoin. But during a coronavirus attack, it may be difficult to resist the temptation and sell coins to buy masks and disinfectors.
Facebook will provide free advertisements to the World Health Organization as it seeks to ensure users are not misinformed about the coronavirus. FB stock was down yesterday but started to grow in the premarket.
After a two-year crypto ban imposed by the Reserve bank of India, the Supreme Court has decided to allow cryptocurrency trading.
An Amazon employee in Seattle tested positive for COVID-19. Amazon stock (AMZN) lost over 2% on Tuesday but started gaining again in the premarket.
JMP said its new price target of $1,060 for Tesla (TSLA) stock, is one of the highest on Wall Street and implies earnings multiple that “may seem excessive”.
Veteran analysts from Wall Street warn investors that we are at the brink of the next economic recession and it could be possibly worse than the 2008 financial crisis.