Bears continue pushing prices of assets to the downside as they broke the closest support levels again. In the daily chart of Bitcoin, a good level to rebound upwards from is $7335.
Novavax (NVAX) stock jumped again yesterday after it received a $4 million award to be pumped into developing a vaccine for COVID-19. However, today it is falling.
Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.
The Bank of England cuts interest rates by half. The country’s Health Minister Nadine Dorries tested positive for coronavirus.
The coronavirus is negatively influencing the markets. Though Apple (AAPL) stock was moving up yesterday, today it is falling again.
Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.
Google (GOOGL) stock rose 4.88% on Tuesday as the company is expanding work from home recommendation to all North American employees and established ‘COVID-19 fund’
Bitcoin options market is rising, per the crypto analytics firm Skew, with a massive money inflow from institutional investors. Yesterday, the volume of crypto derivatives trading was only increasing, reaching the level of almost $200 million.
DueDEX, the reputable crypto derivatives exchange, continues to up the ante on sophisticated crypto trading by introducing yet another ground-breaking trading tool: the DueDEX Risk Manager.
Tuesday’s rally did not last long. Early on Wednesday, U.S. stock futures, including Dow, fell sharply. Tech stocks have also suffered.
The U.S. Treasury yields increase volatility caused by coronavirus panic as the number of confirmed cases in the country is growing.
The drastic plunge has raised questions about Bitcoin (and other cryptos) viability as a stable asset and correlation to traditional markets. Changelly CEO Eric Benz has shared his views on this issue.
Citron Research warned investors that Ino stock would fall back to $2 and called for the Securities and Exchange Commission to investigate Inovio and suspend trading of its stock.
There is nothing so far to suggest that there will be a permanent impact on businesses, or that earnings will not eventually recover. But when you want to invest during the crisis, you need to think about long-term benefits.
While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.