Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Though at the moment Bitcoin price is far away from its all-time high, some analysts expect a bull run in the near future.
The number of digital money users in the U.S. stands at 14-15%, while in Indonesia, the number reaches 11%. But Indonesians started joining the crypto market 2-3 years ago and Americans did it in 2008-2010.
Today Boeing (BA) stock is up nearly 8%. Meanwhile, the stock has dropped 48.53% in the past twelve months.
Morgan Stanley analyst Adam Jonas provided a bearish outlook for Tesla stock as the risks in U.S.-China relations are rising. TSLA stock is down today.
Gamers all around the world are excited as Sony Corporation has unveiled a new PlayStation 5 game console design. However, the company still keeps in secret the price of the console and when it will be finally released.
Brad Garlinghouse shared his views on the role of crypto and XRP in particular under the current circumstances during Ripple’s “all-hands” virtual meeting on YouTube.
With market uncertainty rising yesterday, the top 5 tech companies saw their shares falling. Amid a worrisome surge in new coronavirus cases and a high unemployment rate, the stock market experienced an increase in volatility.
Elon Musk is known for his controversial tweets. Now he has answered ‘lol’ to the question about the soaring price of Tesla (TSLA) stock.
Even despite yesterday’s fall in TSLA stock price, Tesla’s market cap is still higher than the combined capitalization of 5 major automakers.
Microsoft has said it will not sell its face recognition technology to the police. This decision was followed by the MSFT stock performance on Thursday.
Dow Jones futures turned positive today morning after crashing 7% on Thursday on the report of rising COVID-19 cases. Analysts are weighing the impact of the economic reopening of the market.
According to the International Air Transport Association (IATA), airlines worldwide are expected to lose $84.3 billion this year because of the COVID-19 pandemic.
As most stocks turned red yesterday, Apple (AAPL) stock closed the day with a 4.80% loss. Meanwhile, the company revealed the lineup for its WWDC20 that will take place virtually from June 22 to 26.
The biggest debt jump comes from the side of businesses. It increased by 18.8%. Meanwhile, the U.S. federal government debt is up 14.3%.
In a recent market rally, bank stocks were the biggest winners. But as investors are worried about the uncertainty around how much the economic decline will affect loans, bank stocks will not rebound as fast as shares of other sectors.