Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Gilead Sciences (GILD) stock surged and reached an all-time high after the company confirmed the launching of phase 3 studies of coronavirus treatment.
The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.
While tech shares are suffering drops, coronavirus stocks are soaring, The pharma companies are actively working on the development of a new vaccine.
The Ethereum community doesn’t want to accept the planned hard fork on ProgPoW. The Ethereum price fell to $212 but has already started to grow again.
SQ has positively reacted to the recent company’s Q4 earnings report. Square is making a good process in its Bitcoin business.
The leading cryptocurrency is giving up its positions right before our eyes. On Thursday, February 27th, it is trading at $8,520, though just recently it was keeping above $10,000.
Within its new partnership with Ripple, Azimo will use Ripple’s On-Demand Liquidity service for fast payments into the Philippines.
The sales of Aston Martin are falling as well as the price of the AML stock. However, the company hopes to survive. It also plans to offer wide freedom in customization of its DBX SUV.
Panasonic has announced that it will cease solar manufacturing operations at the Tesla factory by the end of May. The TSLA stock price is falling.
With coronavirus outbreak spreading a lot of fears to the global investors, talks of a vaccine are bolstering the Moderna (MRNA) stock value. However, it is still an early call, as the vaccine takes over a year to go through the regulatory testing rounds.
Though Ripple hoped that it would manage to stop its class-action lawsuit, the legal battle seems to continue.
It has become known over $190 million worth of Bitcoin long and short positions were liquidated on well-known derivatives exchange BitMEX.
Microsoft (MSFT) stock fell 1.76% in pre-market trading on Thursday, a day after the company said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows.
Amazon (AMZN) stock has been already seriously hit by the coronavirus and things might get a lot worse for the e-commerce giant very soon if nothing changes.
Fear, uncertainty, and doubt are causing the global community at large to panic over the potential implications of the coronavirus. The chairman of Virgin Galactic Chamath Palihapitiya believes that in the current situation it would be sensible to keep 1% of assets in Bitcoin.