Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Salesforce continues to expand its offerings and to add more features, such as Lition’s blockchain, to its CRM platform.
Bitcoin price suddenly dips below $7,000 level on April 10, dragging with it the total crypto market cap below $200 billion. ETH and XRP followed the same volatility, as panic gripped the crypto community.
Huawei has made coronavirus donations to France, Canada, and other countries. Canadian Prime Minister Justin Trudeau has said that the donations won’t affect decisions on 5G.
JPMorgan predicts that as the coronavirus outbreak continues to worsen, the economy would get a lot worse before it at least gets a chance to recover.
Amazon (AMZN) stock has been experiencing a surge after the company announced that it is suspending its third-party delivery service due to an increase in demand from its customers. UPS and FedEx shares rallied on the announcement as they will become the alternatives.
The IRS urges the American people with low income, as well as disabled ones, who do not normally file tax returns to do so as soon as possible to get coronavirus stimulus paychecks.
Bank of America (BAC) Stock price is rising again, as well as the stocks of many U.S. banks. We may be observing a new uptrend as the financial giant’s fundamentals are sound.
America’s electric-car automobile giant Tesla manages to beat the market meltdown making higher sales in March in comparison to February. The company is also preparing itself for any economic downturn ahead.
According to some estimates, the oil industry owes at least $200 billion to lenders, with the loans backed by oil and gas reserves. Many companies will not be able to pay off. Therefore, banks will manage their assets until the situation improves.
Pfizer had initially planned to enter clinical trials for its coronavirus drug by the end of the year. Now it hopes to start the trials in the third quarter. Pfizer shares price is rising.
While the Americans are losing millions of jobs over the last few weeks, Walmart is on a hiring spree looking to hire 150,000 employees on a temporary basis. Meanwhile, WMT stock remains practically at the same level.
The meeting between OPEC and its allies OPEC+ lasted more than nine hours and the agreement on oil production cut was finally reached.
European finance ministers have agreed to implement a €540bn economic package for countries hit hard by the coronavirus pandemic. The measures will help governments cover healthcare costs but also will support businesses.
U.S. stocks soared on Thursday to post their best week of gains since 1974, extending a remarkable rally despite evidence of increasing economic strain due to the coronavirus pandemic.
The New York Judge Kevin Castel claims that Telegram’s TON Grams are securities. But Blockchain Association’s (BA) Kristin Smith put out the fact that Grams only arrive under the security name while being not a security. BA filed the letter of support to the court earlier this week.