Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.
Bitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. Major cryptocurrencies like XRP and ETH have followed the rally, as the market cap has risen by $23.8 billion in 24 hours.
The White House has asked Congress for $1.3 trillion amid the coronavirus crisis. This sum includes $500 billion in direct payments to Americans, $50 billion in loans to the airline sector, and $150 billion to other “distressed sectors” of the economy.
More than 245,000 people have now been confirmed with the coronavirus globally, of which at least 85,000 have recovered from COVID-19, while more than 10,000 have died. Bank of America has already stated that the recession is here.
It is true that automation makes crypto trading simpler, but you must still consider a number of factors before you fully rely on this method.
Avigan, also known as Favipiravir, is a Japanese flu drug developed by the healthcare arm of Fujifilm. 340 patients taking the drug found it reduces recovery time and improves their lung condition.
Let’s have a closer look at Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA) stocks as the companies are working on possible coronavirus vaccine.
Elon Musk has offered to manufacture ventilators if they become scarce. He said this while tweeting about a possible effective form of COVID-19 treatment.
These days, the BTC is trying to correct after stressful sales. On Thursday, March 19th, the key cryptocurrency is trading at $5800, growing 11%.
Ripple’s partnership with DeeMoney is set to enter the second phase. DeeMoney is currently the only fintech firm with a funds transfer license from the Thai Central Bank.
Since the day’s beginning, Bitcoin price gained slowly, setting the 35% record on a weekly scale. On March 19, Bitcoin gains more than 10%, setting a positive trend for the market.
Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.
Although it is true that most cryptocurrencies have experienced significant losses in recent weeks, similar losses have been seen on multiple occasions in the past, and the market has always bounced back stronger than before.
For Walmart, the coronavirus outbreak has taken a beneficial turn, as the demand for some categories of goods and the number of deliveries have notably increased. This week, Walmart (WMT) stock cleared the 125.48 buy point.
Square Bank will give loans to small business and corporations. It will also sell debts to third parties and engage in blockchain development.