Your essential daily read: our featured Story of the Day highlights the most impactful development across crypto, blockchain, or regulation—curated for urgency, significance, and insight. Don’t miss what moves the market today.
In March, when the coronavirus pandemic was most widely unwrapping, some experts said it was time to buy FAANG stocks. And as we see now, they were right.
Bitcoin is seeing a downward selling pressure as it fails to hold $9000 support levels. After the Bitcoin halving, miners are selling more than they mine to meet the surging operational costs.
The Moderna episode is a case study of how the coronavirus pandemic and the desperate hunt for treatments and vaccines are shaking up the financial markets. Now Moderna (MRNA) stock is trading below $70 again.
Ripple has joined the Faster Payments Consortium (FPC) that offers its members the possibility to work together and to get access to the latest research and data.
China is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997. The Hang Seng index is down.
Happy Bitcoin Pizza Day! Ten years ago, a programmer from Las Vegas made the first-ever purchase with Bitcoin. The deal has made it into history, 22 May has become a great day, and the programmer will be forever known as “Bitcoin Pizza Guy”.
Investors have turned bullish on tech companies as COVID-19 could possibly change consumer behavior making them more online dependent. While Amazon accelerates its move in the gaming industry, Facebook makes a big announcement to step in e-commerce with Facebook Shops. FB and AMZN stocks are hitting new highs.
The three major Wall Street averages have soared on Wednesday. Dow Jones is nearly 400 points up. Stocks like Facebook and Amazon jumped as well, hitting new all-time records.
Ripple’s XRP has got approval for being used in cross-border money transfers from the U.S.Consumer Financial Protection Bureau. XRP price is rising now.
As miner profitability has tanked considerably after the latest Bitcoin halving, the BTC mining difficulty has also seen a drop of over 6% if we compare it with the pre-halving period.
U.S. bank stocks are rising on the hope that the economy is slowly bouncing back after a lockdown due to the coronavirus pandemic.
Moderna said its experimental coronavirus vaccine demonstrated immune responses in some of the healthy volunteers who were vaccinated in a clinical study. MRNA stock is up.
Of course, there is always risk involved in investing, regardless of which industry or what kind of company it is. In the case of coronavirus vaccine stocks, you should bear in mind that not all of the vaccine candidates will be successful.
Ethereum co-founder Vitalik Buterin, Elon Musk, the CEO of Tesla, and Justin Sun, the CEO of Tron Foundation, tried to explain to Harry Potter creator JK Rowling what Bitcoin is and how it can be used.
Sorrento Therapeutics (SRNE) stock price jumped 160% as the company has revealed that it found an antibody that 100% blocks SARS-CoV-2 virus infection.