
Bitcoin Halving in 8 Days, BTC Hash Rate Hits New ATH
The next Bitcoin halving is expected to happen in a little bit more than a week. Meanwhile, the BTC hash rate hit a new record moving above 140 EH/s.
The next Bitcoin halving is expected to happen in a little bit more than a week. Meanwhile, the BTC hash rate hit a new record moving above 140 EH/s.
Berkshire Hathaway had a record $137 billion in cash and equivalent instruments on its balance sheet at the end of Q1 2020. Meanwhile, Warren Buffett has decided to sell the airlines stocks.
On April 30, Ripple published the Q1 XRP Markets report to update the public on the company’s views on the state of the XRP market.
Apple reported revenue of $58.3 billion for its fiscal second quarter, falling below its initial Q2 guidance but surpassing Wall Street’s muted expectations. AAPL stock is down in the pre-market.
The cryptocurrency market has regained over 100% from the March 12 flash crash leaving the stock markets far behind after they gained 36%. The majority of coins are in the green now.
Following the positive news on the remdesivir trial, Gilead stock rebounded. Yesterday, GILD closed at $83.14 per share or 5.68% up. After hours, it added another 2.29% to trade at $85.04. The price is also rising today in the-premarket trading.
U.S. gross domestic product turned negative for the first time since 2014 in the first three months of the year as the coronavirus pandemic broadened out across the globe and country in March.
Tesla reported Q1 results, including a $16 million profit. A Covid-19 outbreak in China forced the company to suspend manufacturing in Shanghai for more than a week in February, and in the U.S. at the end of March. TSLA stock jumped 9% after hours.
With the Bitcoin halving event less than 13 days away, the BTC price rally continues. The coin has hit $8,000 with the bulls setting new higher highs striving to break strong resistances.
TON OS that is expected to launch in the nearest future will not serve as an alternative to the existing operating systems. Instead, it will be an add-in for devices to support apps based on blockchain.
An improved Stock-to-Flow model for Bitcoin is predicting a very bullish future for the king coin within a few years. BTC is expected to reach $288K by 2024.
While the total count of the infected COVID-19 cases continues to rise, countries mull the option of restarting economic activity on different fronts after a month of major lockdown.
The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750 two weeks before halving.
Ebang, a Chinese Bitcoin ASIC chip manufacturer, is looking to go public with new shares. The company has filed with the U.S. SEC for a $100 million IPO.
CNBC’s Jim Cramer said that investors should “stop circling the wagons around index funds”. It’s time for us to pay attention to new Covid winners.