
Coronavirus: Financial Market Shows Record Plunges as Epidemic Spreads
The general financial market worldwide is currently suffering from the effects of the coronavirus. However, Bitcoin price seems to be boosted by such circumstances.
The general financial market worldwide is currently suffering from the effects of the coronavirus. However, Bitcoin price seems to be boosted by such circumstances.
Dubai may become more crypto-friendly as its DMCC is planning to establish a cryptocurrency valley with special terms.
Philips has been struggling to see sustainable growth in the electronics market, and now it plans to sell its home appliance unit to focus more on the healthcare division where it sees a great future potential.
Apple is planning to boost production and to ship 80 million iPhone units before June and 200 million by the end of 2020. However, the coronavirus might impede that plan.
Singapore’s new financial legislation is aimed to increase crypto-related activities in the country. Notable crypto operators and exchanges support the move to obtain a Singaporean license.
Bitcoin price has reached the level that hasn’t been observed since early November. One of the factors can be the recent announcement made by Jack Dorsey.
Businesses all over the world are experiencing a negative effect of the spread of the coronavirus. While efforts are underway, there’s currently no solution.
According to the latest research done by the Deutsche Bank, it is possible that crypto may break into the mainstream financial world in two years as India and China encourage blockchain adoption.
Bitcoin and other cryptocurrencies surged as global stocks plunged in reaction to the coronavirus outbreak in China. A report shows that Bitcoin’s correlation with gold has also turned positive.
According to Jeffrey Tucker, the future for the XRP price is quite unclear right now. It can either reach one million dollars or fall to zero.
It has been revealed that the stake of MacKenzie Bezos in Amazon was reduced by about $400 million. How the shares were transferred is yet unknown.
Johnson & Johnson (JNJ) stock may incredibly increase as J&J chief scientific officer is ‘pretty confident’ the company can create a coronavirus vaccine. Procter & Gamble, Pfizer and Walmart stocks are also growing.
As Netflix has already shared its 2019 Q4 report, it’s time for Apple and Facebook. The reports of these two FAANG stocks are highly anticipated this month. Take a look at possibilities.
The TRON Foundation has decided to dedicate its niTROn summit to NBA star Kobe Bryant who died in a helicopter crash. However, Justin Sun is now criticized for “using someone’s death” for personal gain.
The GE Healthcare IPO is one of the most anticipated public offerings. It will also be the 2020’s largest one as it is expected to overtake the Airbnb IPO. Generally, the IPO market is said to be rather interesting to observe this year.