Story of the Day Archives - Page 226 of 368

Bitcoin Halving Is in 5 Days, North America’s BTC Miners Could Benefit from China’s Collapse

By Teuta Franjkovic May 6, 2020 • 4 mins read

Bitcoin’s PoW miners continue to dominate the cryptocurrency mining industry both in terms of total revenue and total security spending. Bitcoin miners received $5.5bn in total block rewards, $5.2bn (94.8%) of which were newly minted coins, and $284m (5.2%) of which were transaction fees.

Market News, News

Elon Musk Just Unlocked a $706 Million Award from Tesla

By Tolu Ajiboye May 6, 2020 • 3 mins read

Elon Musk is now one step closer to receiving the totality of his $55 billion award from Tesla, as contained in his 2018 agreement with the company.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Bitcoin Halving Is Coming in 6 Days, BTC Mining Difficulty Reaches Close to All-Time High

By Bhushan Akolkar May 5, 2020 • 2 mins read

As BTC halving is expected to happen next week, Bitcoin network’s mining difficulty has reached close to its all-time high of 16.55 trillion. Bitcoin’s mining difficulty adjusts itself every two weeks or every 2016 blocks depending on the competition in each adjustment cycle.

Market News, News

U.S. Treasury Is Going to Borrow $3 Trillion in Q2 2020

By Teuta Franjkovic May 5, 2020 • 4 mins read

The U.S. Treasury Department announced its plans to borrow about $3 trillion this quarter. The money is being used in large part to support the economy in the wake of the coronavirus pandemic.

Market News, News

Elon Musk Puts Two Houses on Market After His Tweet about Selling Almost All Possessions

By Christopher Hamman May 5, 2020 • 3 mins read

Elon Musk has listed two of his houses for sale on Zillow.com. Meanwhile, Tesla (TSLA) stock is moving higher again.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Bitcoin Halving Is Just in 7 Days, Price May Drop after BTC Halving Event

By Teuta Franjkovic May 4, 2020 • 3 mins read

Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Bitcoin Halving in 8 Days, BTC Hash Rate Hits New ATH

By Teuta Franjkovic May 3, 2020 • 5 mins read

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.

Market News, News

Warren Buffett Builds Up His Cash, Sells Airlines Stocks in Q1 2020 amid Coronavirus

By Teuta Franjkovic May 3, 2020 • 4 mins read

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.

Altcoin News, Blockchain News, Cryptocurrency News, News

Ripple Publishes Q1 XRP Markets Report for the Year 2020

By Steve Muchoki May 2, 2020 • 3 mins read

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.

Market News, News

Apple Reveals Earnings for Fiscal Q2, Results Beat Expectations, AAPL Stock Down 3% Now

By Teuta Franjkovic May 1, 2020 • 3 mins read

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.

Altcoin News, Bitcoin News, Cryptocurrency News, Ethereum News, Market News

Crypto Market Gains $35 Billion in 24 Hours, Stocks Market Far Behind

By Wanguba Muriuki Apr 30, 2020 • 5 mins read

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.

Market News, News

GILD Stock Rose 5.68%, Gilead Reports ‘Positive Data’ on Treating COVID-19 with Remdesivir

By Darya Rudz Apr 30, 2020 • 3 mins read

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.

Market News, News

U.S. GDP Falls 4.8% in Q1 2020, Why Recession Will Last Long?

By Teuta Franjkovic Apr 30, 2020 • 4 mins read

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.

Market News, News

Tesla Q1 Revenue Jumps 32% YoY to $5.99B, TSLA Stock Rises 9% After Hours

By Teuta Franjkovic Apr 29, 2020 • 4 mins read

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.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Bitcoin Price Hits $8K Before BTC Halving, Is a Rally Imminent?

By Wanguba Muriuki Apr 29, 2020 • 3 mins read

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.