Dow Drops 1,300 Points, S&P 500 Sheds 5% as Coronavirus Pushes Market Even Lower
The Dow Jones slumped over 1,300 points while the S&P 500 index shed almost 5% as of Wednesday, as the fears of the coronavirus effect grip most investors even more.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The Dow Jones slumped over 1,300 points while the S&P 500 index shed almost 5% as of Wednesday, as the fears of the coronavirus effect grip most investors even more.
Bill Gates claims that coronavirus panic is irrelevant and urges to be positive. Gates believes that a matured country can overcome it in 6 to 10 weeks. Coronavirus cure may be available in 18 months or earlier, he says.
Joining hands with several health services, Facebook will be releasing an information center to deal with the COVID-19 crisis. Facebook has also extended monetary help for small businesses affected due to the virus spread. Yesterday, FB stock was in red.
The DAOWallet is now compatible with the Changelly instant exchange platform, giving users the benefits of in-wallet instant crypto exchanges.
Oil price goes down as the demand for crude keeps melting. The coronavirus attack and the failure of the OPEC meeting influence oil dynamics. On Wednesday, it reached the super low price of $20,37 per barrel via WTI, Brent and on world markets.
PLATINCOIN is a digital ecosystem that includes a network of crypto ATMs and e-Commerce stores, where payments are made with tokens in order to identify economic agents and accelerate the growth of the ecosystem.
There is a new stablecoin backed by a 150% Bitcoin or Ethereum collateral, called USDB.
The currency market failed to get over another collapse. In general, there is a great potential in Bitcoin for a rebound upwards and new growth in anticipation of halving.
Apple introduces its iPad Pro and its Macbook Air with lots of new and exciting features. The new iPad Pro has received the LiDAR Scanner.
The number of coronavirus cases has reached a new sad record of 200,000. The markets react negatively. Dow Jones is falling.