Gold Prices Hit Record High Moving Closer to $2K amid U.S.-China Tensions
Gold is benefiting from the present uncertainty. But it is unclear whether gold prices will grow further and set new record highs. Bulls’ next target is $2,000.
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Gold is benefiting from the present uncertainty. But it is unclear whether gold prices will grow further and set new record highs. Bulls’ next target is $2,000.
Bitcoin jumped 5% to move above $10,000 levels for the first time since June 3. Investors are closely observing the next resistance of $10,500 above which Bitcoin can set a new bull trend.
The second stimulus package that was confirmed by Treasury Secretary Steven Mnuchin is being viewed as a long-term bullish call on crypto assets.
For the reported Q1, the Ryanair revenue dropped by 95%. RYA stock lost over 8% after the statement was published.
The launch of the Mandi project is a revitalization of the hope that real-world ventures can be bridged with cryptocurrency, in a manner that is community-governed and cognizant of its stakeholders.
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Li Auto, a Chinese electric car manufacturing company, is going to raise up to $950 million in an IPO. The funds will be allocated for the company’s research.
Ethereum (ETH) price jumped to over $300 in a major rally as the Ethereum network sees a significant surge in daily transactions. The price rally comes as the developers plan to launch the Ethereum testnet on August 4.
In a court case hearing involving the use of Bitcoin for transferring funds for illicit activities of drug trafficking, the District Court of Colombia has considered Bitcoin and cryptocurrencies as “money”.
The compounding economic uncertainty due to the rising COVID-19 cases and the growing tensions between the U.S. and China have caused the gold price to soar higher taking them at their record-high levels of 2011.
Cypherium CEO is a massive advocate for ensuring CBDCs are interoperable and he has developed a framework to ensure CBDCs achieve their full adoption and global innovation.
Presently, scams constitute 1% of activities in the crypto sphere. This year the most widely discussed scam so far is the Twitter hack.
After almost two decades, Jamf has completed a successful IPO. With a surge over 90%, can Jamf stock become a good option?
Exxon Mobil (XOM) discovered a new material that enhances carbon capture technology, XOM stock is slightly down during the trading session.
With new cash injection in a deal with American Express, British Airways owner IAG hopes to stay afloat after a serious hit due to the coronavirus lockdown.