Just when the global financial markets were in a state of turmoil, Bitcoin failed to prove itself as a “safe haven” for investors. After rising 40% during early 2020, BTC ended the Q1 2020 with 10% negative returns year-to-date.
As COVID-19 continues to spread, technology stock prices have fallen in tandem with the general market. However, such tech stocks as MSFT and AMZN could also become the market leaders.
The Dow Jones Industrial Average is expected to dip 700 points further on Wednesday, after falling over 600 points at the end of March. This comes as the White House predicts 100,000 to 240,000 coronavirus-related deaths in the United States
Ardor and Nxt’s decision to enlist more node operators from the crypto community is one that will not attract controversy.
CoinMarketCap.com published the document describing innovative cryptocurrency. It will keep the use of smut contracts to help users (called wipers) keep track of their supply and demand for toilet paper.
As gyms are closed, the demand for alternatives modes of working out has increased. And here comes Peloton that provides fitness solutions for at-home sports activities. Peloton (PTON) stock is expected to surge in the near future.
Bitcoin betting is becoming more popular today. Read this article to find out more reasons why as well as some pros and cons of using this cryptocurrency for iGaming.
The U.S government has partnered Johnson & Johnson and Moderna to facilitate the production of the possible COVID-19 vaccine in large quantities.
Five pharmaceutical companies across the globe lead the race in producing the first approved COVID-19 vaccine. Wall Street is likewise on alert for banking on the first company to produce an efficient one.
Tesla seems to be an all-weather stock. It could still remain a leading stock during this turbulent period for several reasons. Despite the recent fall, today TSLA is up.
General Electronic workers protest at the company’s headquarters after the announcement of a possible lay-off. However, GE stock shows a positive tendency.
Ford (F) stock price is unstable while the company is preparing to produce 50,000 GE ventilators in collaboration with Generic Electric to help coronavirus patients.
Market volatility remains high. That we’re in a recession is not a matter of doubt. At this point, it’s a question of mitigating its severity.
Facebook (FB) jumped 5.84%, approximately $9.16 yesterday, In the pre-market, it is still gaining and has reached $166,20. JPMorgan and JMP Securities have reduced their price target of the stock to $215, which reciprocates to approximately 30% gains.
Though Bitcoin (BTC) is experiencing its worst sell-off in the last 7 years, the smart money is preparing for a golden bull run after the next halving that is said to happen in 43 days.