As the U.S. 10-year Treasury yield has fallen to a new low, many analysts believe that an economic recession is likely to happen. Investors are looking at bonds as a haven.
Apple stock fell almost 7% on Friday because of the coronavirus. However, AAPL recovered a huge chunk of its loss in no time. Today it is also up.
Even though Brad Garlinghouse has repeated more than once that both Ripple and XRP are different, the CEO has recently mentioned that selling XRP keeps the company afloat.
BTCU blockchain enables smart contracts to facilitate decentralized applications and all crypto transactions across a peer-to-peer network.
As major biotech companies try to create a proper coronavirus vaccine, the following stocks just might be strong enough to hedge against the current financial plunge.
Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.
HASHWallet focuses on a secure device that allows users to authenticate or sign any transaction without any risk of fraud or impersonation, at any time, from anywhere and in a simple way.
After a serious drop that happened last week, Bitcoin price has started to frow again. Meanwhile, BTC hash rate has reached a new ATH.
Amazon (AMZN) stock failed last month’s breakout above 18-month resistance. Even so, it could make a final stand at rising trendline support near $1,850, which has narrowly aligned with the 200-day EMA.
On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.
According to Ripple CTO David Schwarz, stablecoins are a major trend among institutions and even the Central Banks this year. It is expected that stablecoins will soon launch on the XRP ledger.
The recent analysis has shown that such a factor as a number of mentions on Twitter has a great influence on the price of XRP.
Once a month, one billion XRP coins get unlocked from Ripple’s escrow wallet, which ensures that the company’s large stash of the cryptocurrency (over one-third of the total supply of the asset) does not get depleted too fast.
After a massive bloodbath last week, the markets are showing signs of recovery as indexes turn positive. Dow Futures are surging. But China’s manufacturing Index for February has scored below market expectations.
The 2020 Geneva Motor Show is canceled after the Swiss government banned gatherings of 1,000 people or more due to concerns over the coronavirus. Now, most of the companies including BMW and Bentley will livestream their new models to the public.