Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The COVID-19 spread continues to cast a larger shadow on the global markets as volatility seeps in. Analysts say that corrective measures by the Fed are doing little to control the market fall. Dow seriously dropped on Thursday.
While the coronavirus fears are spreading, the companies are developing new solutions for their customers. Instacart announces the launch of door-step grocery drop-off service in the United States.
Automobile giant Tesla could see competition growing as home-rival General Motors announces its all-electric vehicle roll-out starting next year. Tesla (TSLA) started falling on Thursday.
The Bitcoin price is rising steadily again and has crossed $9k. BTC halving is getting closer and closer with less than 10,000 blocks away.
Dow is set to drop nearly 600 points as coronavirus fears spread across Wall Street and the California state. Wuhan’s report claims a 36-year man died at home after he was cured of coronavirus at the hospital. Wuhan still has trouble with virus elimination.
It is likely that non-custodial lending platforms including the likes of Lendroid, Aave and Compound will continue to rise to prominence as they are well protected against hacks, thefts and even black swan events.
On Thursday, March 5th, the Bitcoin (BTC) started increasing after the recent fall. The coin is currently trading at $9,081.94.
Some new evergreen stocks could become a new choice for investors. Moderna (MRNA), Gilead Sciences (GILD) and Co-Diagnostics (CODX) are also expected to change the game for coronavirus.
EY with Microsoft and ConsenSys announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain.
As Apple stock rises to correct its market plunge, an analyst has confirmed that the company’s upcoming 5G iPhone 12 will ensure a bull run. AAPL was up yesterday but started falling in the premarket.
Facebook has announced that one of its contractors is infected with the coronavirus. Though FB stock gained yesterday, it is falling in the premarket.
GM says its battery technology will allow electric cars to travel 400 miles on a single charge without compromising driving performance. GM reacted positively, having gained over 3% yesterday.
South Korean regulators have taken a decision that it is better to introduce important changes within the crypto industry rather than just put a major ban on it.
All technical indicators convinced commentators that Ripple’s XRP has taken on a bullish path after the Supreme Court of India reversed a bitcoin ban imposed by Reserve Bank of the country.
Inovio(INO) stock is enjoying the rally as it put on almost 8% weight days after it announced that it will be speeding up plans for its coronavirus (COVID-19) vaccine.