
Crypto Price Analysis May 20: BTC, ETH, LTC, BCH, EOS
Cryptocurrencies continue rising slowly; as we can see, the bullish pressure isn’t going down.
Cryptocurrencies continue rising slowly; as we can see, the bullish pressure isn’t going down.
Gavin Newsom, California Governor, is ‘not worried’ about CEO Elon Musk shifting Tesla out of the state as CEO faces legal battles over tweets. TSLA stock is up around 1% today.
After closing yesterday with a 1% loss, JNJ stock was 0.34% down further in the pre-market today but is 0.72% up now. Johnson & Johnson announces that it will stop selling its talc baby powder in the U.S. and also in Canada.
Ripple’s XRP has got approval for being used in cross-border money transfers from the U.S.Consumer Financial Protection Bureau. XRP price is rising now.
Spotify has announced its partnership with popular podcast personality Joe Rogan. SPOT stock jumped 8% yesterday and is 5% up today.
Currently, Bitcoin isn’t “hard money.” Its supply is not fixed, and will not be for a very long time. The famous 21 million limit won’t be reached for over a century if it is ever reached at all. eToro analyst Simon Peters believes that Bitcoin price has all chances to reach the level of $120,000 within 18 months after the halving.
FAANG stocks have been defying the coronavirus market disruption as they continue to scale higher every day. The NYSE FANG+ Index is up around 21% since the beginning of the year.
Bitcoin (BTC) price are expected to rise. This could happen because of several reasons which are currently at play. Bitcoin price could hit $10,00 and take off. However, it is said that less than 1% of the stimulus money being sent to U.S. citizens in two waves will be enough to buy the entire supply of new BTC in 2020.
Facebook (FB) stock price is rising as Mark Zuckerberg announced the introduction of Facebook Shops which is a shopping feature available for free to users of Facebook, Instagram and Whatsapp.
As Stat News has reported, it is too early to assess the COVID-19 vaccine offered by Moderna. Most of what Moderna disclosed “were words, not data”, while the critical information has been withheld. MRNA stock is down.
Microsoft has announced that it is now joining hands with OpenAI to create one of the fastest artificial-intelligence supercomputers on top of Azure’s infrastructure.
In February, Apple TV+ topped 10 million subscribers. Expanding content with Hollywood older shows and films, Apple TV+ will gain more traction. AAPL stock is rising in the pre-market.
As miner profitability has tanked considerably after the latest Bitcoin halving, the BTC mining difficulty has also seen a drop of over 6% if we compare it with the pre-halving period.
Using Softomotive’s tools and integrating them with its PowerAutomate platform, Microsoft plans to up its game in the process-automation industry. MSFT stock was down on Tuesday.
The Celo Foundation announced the launch of its Mainnet. The next step in its plan is to allow transfers of the Celo Gold tokens.