Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
JPMorgan upgraded AbbVie (ABBV) stock to Overweight from Neutral. The price target was raised to $105 from $85. The current stock price is around $91.
Citi’s Jason Bazinet repeated his Buy rating on Alphabet shares while lifting his target for the GOOGL stock price to $1,600, from $1,400.
YouTube blocked Cointelegraph’s live stream of the Bitcoin halving event. YouTube is known to do the same with other cryptocurrency-related content providers.
Now JPMorgan Chase & Co. will extend banking services to crypto exchanges. As it has been revealed, Coinbase and Gemini already have their accounts.
Tesla CEO Elon Musk reopened the company’s factory in Fremont, California, and said that he would be on the line, ready to be arrested.
ErisX has announced that it is launching Ethereum futures contracts. It is the first U.S.-based exchange to introduce physically-delivered ETH futures.
Tether (USDT) has become the third-largest crypto in terms of its market capitalization that is said to reach $8.8 billion.
Top cryptocurrency payments firm Crypto.com gets about $350 million in insurance coverage. It may improve confidence in the crypto space and become a step toward cryptocurrency adoption.
With the decline in oil demand due to the Covid-19 crisis, Saudi Arabia has pledged to further cut its production rate. Oil prices surged as a result of this news.
Despite a slight decline, some analysts believe that new peaks for Tesla stock price are on the horizon. The company may soon move the headquarters out of California, which will save millions of dollars for Elon Musk in taxes.