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Boeing (BA) Stock Rose 19% on Monday, Up 4.5% Today amidst Coronavirus Factories Lockdown

April 7, 2020

Boeing (BA) stock price increased by 19% on Monday despite the fact that the company will pause operations at its facilities in South Carolina starting on Wednesday.Boeing Co (NYSE: BA) stock on Monday experienced a 19.47% rise as it contributed 16 points (10%) of the Dow Jones Industrial Average’s 1,627 point gain. The surge has made the stock become a reference point in its history as in 2020 alone Boeing stock has surged more than it had in the past 39 years.The firm’s share is now used as a proxy to measure the impact of coronavirus on the aerospace industry as this has not been unprecedented because the virus has managed to halt half of the global commercial jet fleet.As per reports from Cirium that provide aviation data, it reports that 14,500 planes are parked, leaving fewer than

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XRP Price Hits $0.20 as Over 200M Coins Transferred Anonymously

April 7, 2020

XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.As every crypto coin has begun to gain momentum and is rising now, XRP price is also rising. The coin is trading at $0.20 at the time of writing. It means that the coin has gained 7.78% within 24 hours.The crypto has broken above the overhead resistance at $0.18867. If the bulls can sustain the altcoin above this level, it will signal strength. There is a minor resistance at the 50-day SMA ($0.20) and above this level a rally to $0.25 is possible.Reportedly, as the coin gradually gain momentum, unidentified investors at both retail and institutional level are transferring a large amount

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Microsoft (MSFT) Stock Is Up 5.31% Now, Is It True Winner on the Market?

April 6, 2020

On Monday Microsoft stock experienced a 5% market rise. The global computer software firm is well-placed to outlive the coronavirus storm better than many other stocks.Global computer software firm, Microsoft Corporation (NASDAQ: MSFT) stock has experienced a 5% market rise on Monday. Since sliding during the coronavirus sell-off, the firm’s stock did not plunge into the red in the first quarter. However, the firm’s stock trades 17% below it high on February 17.In the firm’s fiscal second-quarter earnings report issued in January, Microsoft reported earning $1.51 per share on revenue of $36.91 billion, which was the highest on analysts’ expectations of $1.32 EPS and revenue of $35.67 billion.However, in the fiscal 3rd quarter 2020 guidance update, released towards the end of February as a

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March Crypto Digest: Bitfinex Shimmers, HitBTC Announces Demo Platform, Binance Wins New Partners

April 5, 2020

In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.During this uncertain time, many companies in the crypto industry are continuing to develop their technology further and implement more innovative features for their users. This crypto digest will guide you through the major stories of March 2020.Shimmer on RustAlso, this month crypto exchange Bitfinex announced the deployment of its proprietary market surveillance tool called “Shimmer.” Shimmer will be used to detect and combat possible manipulative behaviors and suspicious trading on the platform. The market alert and reporting tool will notify its market surveillance team of improper trading activity via email summaries. It utilizes the Rust

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TSLA Stock Jumps 5.62%, Tesla Dismisses Contract Workers from U.S. Plants

April 4, 2020

Tesla has begun to retrench its contract workers in the U.S. But not all news from Tesla can be viewed as negative. TSLA stock is in the green while stocks of many other companies are down.Even as Tesla Inc (NASDAQ: TSLA) stock continues to soar, the electric car manufacturer has begun retrenching contractors at its U.S. car and battery plants. Reportedly, the firm is cutting down the number of contractors from its workforce in its factory across many states alongside where they make battery packs that power electric vehicles and energy storage products. According to in-house anonymous sources, the lay-off would affect a row of people.Some people who have been working at Tesla for many years and hoped to get full-time jobs at Tesla were notified about their retrenchment.The memo from

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AMZN Stock Climbs 0.15% as Amazon Takes Coronavirus Precautionary Measures at Warehouses

April 3, 2020

Amazon is taking measures to protect workers from novel coronavirus. Amazon (AMZN) stock has continued to rise to pick up from yesterday’s levels.Amazon.com Inc (NASDAQ: AMZN) has begun to bow to demands of the workers union and the plea from New York legislators who requested that the firm puts in place more coronavirus protection for workers at the warehouse. At the same time, AMZN stock is moving up.Recent reports state that Amazon Inc. is now beginning plans to roll out temperature checks and face masks for workers in all workers in U.S.and European warehouses alongside food stores by next week.Following reports that Amazon workers are beginning to contract the novel coronavirus, the firm said they would start testing employees in their thousands for fever, which are primary symptoms

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Macy’s Stock Drops Another 7.6% as Company Is Dumped from S&P 500 Index

April 1, 2020

Macy’s has been removed from the benchmark S&P 500 stock index. Its market capitalization currently is a representative of small-cap space according to S&P Dow Jones Indices.American department store Macy’s Inc (NYSE: M) is currently experiencing the adverse effect of the novel coronavirus as it has been revealed that it will be removed from the benchmark S&P 500 stock index and be replaced by air conditioning company Carrier Global. Carrier Global Corp spun out last month by United Technologies in a bid to shed assets to complete its merger with Raytheon Co.The firm owing to the virus has been forced to close all its retail stores and still struggles to move its activities online. The firm’s share plunged over 70% this year already as its market value dropped to $1.52 billion on Tuesday

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Ripple Partners ANU Law School to Launch Courses for Studying Blockchain

April 1, 2020

Ripple and ANU law school have partnered to develop courses about blockchain in relation to the law profession. Adoption of blockchain into the legal sector will bring several advantages and advancements to the industry.Australian National University (ANU) law school in collaboration with Ripple are set to begin two new courses in its master’s program to explore the effects blockchain would have on the legal profession.With the courses being co-developed by Ripple Blockchain Research Initiative primarily aimed at partnering universities to analyze new trends and developments in the distributed ledger technology (DLT) cryptocurrencies, Digital payments, etc.Australian National University before now has already taken undergraduate courses critically analyzing the relationship between

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JNJ, MRNA Stocks Down Around 1.5%, J&J and Moderna to Produce Possible COVID-19 Vaccine

March 31, 2020

The U.S government has partnered Johnson & Johnson and Moderna to facilitate the production of the possible COVID-19 vaccine in large quantities.The government of the United States of America alongside Johnson & Johnson (NYSE: JNJ) and Moderna Inc (NASDAQ: MRNA) have partnered to produce in more substantial amounts possible vaccine for COVID-19 before the real vaccines hit the market. As per report, the U.S. government is also working to partner with not lesser than two other anonymous firms for the same assignment.Currently, it has not been revealed, or there are still no approved vaccines for the novel coronavirus that has not stopped ravaging the whole world affecting 803,180 people globally, leaving 41,404 dead as of press time with 623,531 active cases. Reportedly, chances of

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GE Stock Rises 1.97% Today, General Electric Staff Protests at Company’s Headquarters

March 31, 2020

General Electronic workers protest at the company’s headquarters after the announcement of a possible lay-off. However, GE stock shows a positive tendency.Amidst the coronavirus pandemic, the world has been forced to experience an economic recession with prices of commodities in the international market crashing day by day as multinational firms are experiencing a hard time as well. General Electric (NYSE: GE) is one of the many multinational firms hit by the pandemic. It has also had to deal with the situation in its way by announcing a necessity to cut down the workforce by a certain percentage for three months to enable it to save around $500 million to $1 billion according to a press release by the firm.The announcement has forced the Industrial Division of Communication Workers of

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Johnson & Johnson Stock Up 7%, Human Testing of Coronavirus Vaccine to Begin by September

March 30, 2020

Johnson & Johnson after the announcement of the test of its coronavirus vaccine, JNJ stock has continued to surge, rising over 7%.Multinational pharmaceutical firm Johnson & Johnson (NYSE: JNJ) on Monday announced that human trial of its experimental vaccine for ravaging coronavirus will start September and would be ready for emergency use authorization early next year.After Johnson and Johnson made the announcement, the firm’s JNJ stock has continued to surge, rising over 7%.Johnson & Johnson Coronavirus VaccineBeyond Johnson & Johnson vaccine, the firm also pledged over $1 billion of investment in partnership with the federal biomedical Advanced research and Development Authority. The fund is said to be used to co-fund research for the vaccine with the department of health and human

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Santander Plans to Launch Ripple-powered Payments Solution One Pay FX in Mexico in 2020

March 30, 2020

Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.Aiming at improving transparency, efficiency, and general client satisfaction Spanish bank Santander is going to launch its Ripple-powered payments solution in Mexico later in 2020.This has become known from a Form 20-F filed with the U.S Security and Exchange Commission (SEC) earlier this month, where the Spanish bank revealed that the Santander Ripple-powered solution One Pay FX would begin operation in Mexico in 2020.One Pay FX was launched in 2018 as a money transfer solution leveraging RippleNet to oversee international payments and does not use XRP.According to the Spanish bank, the One Pay FX would enhance

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Is Samsung Quietly Becoming a Significant Player in the Cryptocurrency and Blockchain Industry?

March 29, 2020

It seems that Samsung range of smartphones might be the first of many to hit the market in the years to come owing, among other things, to blockchain and crypto adoption by the company.For some time, competition between tech giants has been predominantly focused on smartphone specifications and improving features such as camera specs, screen size, and resolutions. However, Korean technology giants Samsung, the creators of the Galaxy smartphone range could potentially become one of the most significant driving forces behind crypto and blockchain adoption on a mass scale. The power of crypto and blockchain technology is now accessible and available to more extensive consumers thanks to their smartphones, putting the power in the hands of the people, literally.Over the years, the Android

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Fixing the Volatility Issue: How to Exchange Crypto Safely amid Market Chaos

March 26, 2020

Although fixed rates don’t possess such popularity as floating ones, they can become a good reassurance and an efficient tool to tackle uncertainty in today’s market situation. This article will clear up all the ambiguities.The market for online cryptocurrency exchange platforms is quite saturated nowadays. With the enormous amount of options available, each and every one of them has to work hard to keep up with the competition so as not to go out of business. Exchanges rush to add new features as soon as somebody else on the market adopts them – and one of such features has been “fixed rates”, that allow users to receive exactly the amount they see when exchanging crypto.Despite fixed rates obviously being seen as something essential by the many platforms implementing them, it seems that

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Obvious Pros and Cons of Automation in Crypto Trading

March 20, 2020

It is true that automation makes crypto trading simpler, but you must still consider a number of factors before you fully rely on this method.An automated trading system or an algorithmic trading system allows traders or investors to develop precise rules for trade entries, exits, and money management which, once programmed, can automatically be executed through a computer.The crypto-currency market is active all the time. It never pauses or stops, not even at night. Thus, monitoring can be very stressful for traders and investors. Imagine waking up in the morning only to find a pleasant or unpleasant surprise. Also, a lot of opportunities are lost as a person can’t monitor trade 24×7.This issue can be resolved by employing automated trading solutions. It has turned out to be a boon for

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Road to Efficient Cross-Border Payment Network

March 19, 2020

Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.Cross-border transactions play a crucial role in the payment industry as the world economy is becoming progressively interconnected and global.The global remittance market’s growth is a decent indicator of the above-mentioned. According to a recent report, the revenue of cross-border transactions could nearly double in 10 years – from 2014’s $144 billion to $280 billion in 2024.However, despite the expected growth of cross-border payments, it’s hard to not see the flaws of the existing, traditional global remittance networks, such as the high costs of the transfers and slow processing times.Due to the ever-increasing

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Student Finance 2020: What First-time Students Need to Know

March 19, 2020

The most important step is to put together a budget with all of your living expenses and then compare it to what that student loan breaks down into on a monthly basis.It’s a whole new world when a student takes that first step out of their parent’s place and onto a college campus. There are lots of new things to learn, like cooking, cleaning, getting a good checker, so you don’t plagiarize, and learning how to live on a budget. It is a big shock, and there are many things that new students aren’t prepared for, like plagiarism, writing a paper, and the dreaded deadline.Here is what students need to know before they leave for college.Will loans for students cover everything?If you’ve gotten a student loan, then your tuition is likely covered, and there’s probably a little bit of money left

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Mycryptoview: New Platform to Learn Cryptos and Earn Tokens

March 19, 2020

Mycryptoview is a platform where people can actually learn from one another and talk about their investment decisions. All the actions on the platform bring bonuses to the contributors.Cryptocurrency is known to most people as a worldwide phenomenon and some claim it will eventually supplant fiat money, thus changing the paradigm of the world economy. With this shift towards the digital, the only question is: how soon?Being blockchain believers and crypto traders ourselves, we can identify pain points of people who want to invest in cryptos: lack of expert knowledge, information overload and get-rich-quick schemes with enough potential to dampen any enthusiasm right away.In this article, we introduce a new tool that can fix these problems. We developed Mycryptoview as a place where people

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5 Effective Ways to Secure Your Cryptocurrency

March 15, 2020

If you are keen on trading cryptos or enjoying the many benefits it brings to the financial world, you should learn to secure your assets. Here are 5 simple but effective ways to secure your cryptocurrency.While blockchain is often touted as the model of internet security, it doesn’t mean that all its systems are secure for the users. For instance, there are a few security risks associated with digital wallets, which many cryptocurrency investors don’t know. Security threats to digital wallets don’t occur through the blockchain but via wallets or exchange providers.For instance, your information such as your private key can be traced at the exchange provider level and used by hackers to access your wallet without permission. To be safe, here are 5 simple but effective ways to secure your

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March Madness 2020 Comes Early: Changelly’s Eric Benz on Coronavirus and Market Headwinds

March 11, 2020

The drastic plunge has raised questions about Bitcoin (and other cryptos) viability as a stable asset and correlation to traditional markets. Changelly CEO Eric Benz has shared his views on this issue.In a month that is usually remembered for the dramatics it delivers on the basketball court, thanks to the coronavirus and what seems to be a developing oil war, March madness has emerged in markets across the world. The U.S. and UK stock markets posted their worst losses for a single day since 2008, the price of crude oil plummeted and whole sectors of the European economy are on life support in the wake of a nation-wide Italian quarantine.Cryptocurrency, which has at times been portrayed as something of a stone set in wavering seas, has been unsettled by the tide disrupting traditional

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Top 6 Methods to Earn Money from Cryptocurrencies

March 9, 2020

Making money with cryptocurrency may sound scary at first, however, there are some convenient ways in which one can profit from the cryptocurrency boom. The cryptocurrency market is hitting a new high, more and more people want to invest in it and make the most of the price movement. That said, not everyone successfully ends up doing that. From overnight millionaires’ success stories to painful tales of the ridiculously high amount of tax owed, this market is a place where fortunes can be made and lost in just half a second.Making money with cryptocurrency sounds daunting and scary at first- especially now that more and more governments and entire industries are getting involved in this market. However, there are some convenient ways in which one can profit from the cryptocurrency

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World Gold Miner Tokenizes Assets, Opens Trading on Coinsbit, Simex and P2PB2B Exchanges

March 9, 2020

The GoldFinX blockchain will allow you to track gold at all stages of supply, from its production to its final destination, to verify the legality of ore mining.Recently, in search of easy and big profits, to the crypto market have come many new investors who thoughtlessly invested money and manipulated the price of cryptocurrencies, as a result of which this Big Bubble burst. The great and terrible “Crypto-disaster of 2018” happened during which many coins either lost their entire price or still have not regained their position. And although some projects were fraudulent, most startups only too late realized the importance of creating a truly viable, crisis-resistant management system.Now the situation has changed a lot. Investors no longer want to take risks and thoughtlessly invest

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Blockchain and Crypto Innovations Merge with Financial Services

March 9, 2020

Today more and more blockchain and crypto-related projects are entering the financial market offering competitive advanced services.Innovations around blockchain and crypto tech have been on the rise since Bitcoin’s first transaction a decade ago. Despite the regulatory hurdles, this industry emerged as a force to reckon with especially after Facebook’s digital currency proposal Libra.More so, a number of blockchain and crypto oriented projects are popping up in relation to the financial services industry. Some have actually proven their use case while others happen to be crypto scams disguising as ICO projects. This has since forced regulators across the world led by the U.S. SEC to take swift action in fraud elimination.Nonetheless, they’re currently a few innovations leveraging

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Brief Guide on Making Money with Crypto Lending

March 5, 2020

It is likely that non-custodial lending platforms including the likes of Lendroid, Aave and Compound will continue to rise to prominence as they are well protected against hacks, thefts and even black swan events.Although many cryptocurrency owners turn to trading in order to profit on their investment, this is far from the only way to make money with cryptocurrencies.Instead, an increasing number of people are turning to safer, less technical ways to gain a positive yield from their cryptocurrency holdings, one of which is cryptocurrency lending.The Basics of Crypto LendingIn its most basic form, cryptocurrency lending is the practice of lending digital assets to borrowers in return for an agreed interest rate.Although this might sound like a risky process, the vast majority of lending

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BTCU – the Fastest and Complete Bitcoin?

March 2, 2020

BTCU blockchain enables smart contracts to facilitate decentralized applications and all crypto transactions across a peer-to-peer network.Headed by Nikolai Udianskyi, the software developers team of Coinsbit crypto exchange will work on introducing a new Bitcoin fork, identified as “Bitcoin Ultimatum (BTCU)”.The crypto developers team assumes a critical mission of building the BTCU consensus network and developing new innovative technologies, that aim to fix the major challenges facing the cryptocurrency users.Embedded on Ethereum-Based Smart ContractsThe way BTCU works is the same as the principles behind the functionality of Ethereum, the second main crypto by capitalization. Similar to Ethereum, BTCU blockchain enables smart contracts to facilitate decentralized applications and all

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INCIBE Awards HASHWallet as Most Innovative Project in Spanish Ciberemprende Contest

March 2, 2020

HASHWallet focuses on a secure device that allows users to authenticate or sign any transaction without any risk of fraud or impersonation, at any time, from anywhere and in a simple way.Recently, the National Cybersecurity Institute (INCIBE) has awarded the prizes to the three winning start-ups of the ideas and entrepreneurship contest Ciberemprende. Within the framework of the ‘Tech Spirit’ event in Barcelona, ​​the Demo Day was celebrated, the final day of the incubation program that took place in the Naturgy Innova Hub.The eSignus initiative in Tenerife has received the first prize endowed with a whooping € 8,000. Its project HASHWallet focuses on a secure device that allows the user to authenticate or sign any transaction without any risk of fraud or impersonation, at any time, from

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How Artificial Intelligence is Transforming Crypto Industry

February 29, 2020

Check out the top five ways of how artificial intelligence (AI) is successfully transforming the crypto into a thriving industry.While it can be easily said that no industry or business department has been left untouched by artificial intelligence, there is still one primary industrial sector left. Cryptocurrency is one of the significant products of the digital era. A complete software-based digital currency following a decentralized regulation method. That means there is no authority or third party influence involved like that of banks or government. However, even after being a powerful blockchain technology, every type of cryptocurrency also has its limitations in the industry.However, according to recent statistical publications, cryptocurrency is practically usable in any industrial

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Why Audiences Are Disadvantaged When It Comes to Film and TV

February 28, 2020

To ensure a high-tech approach that empowers creators of all levels with a model that truly values fans, Filmio uses a blockchain ecosystem. It helps to incentivize fan-creator-investor interaction.With movie tickets being so expensive, and time being a precious commodity, a bad film can leave ticket purchasers feeling used and angry. Television, streaming media and other in-home entertainment options are becoming more popular as a result, but these venues can burn fans when they waste a viewer’s time.Creators–or more often, Hollywood executives–hold all the power when it comes to deciding what projects get made. Fans are often left out of the process until they’re asked to spend money and time on a newly released project.And while tricking a fan into paying for a bad experience may seem

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Bitcoin Is Reaching for Stars This Year, Crypto Sports Betting Market Follows Suit

February 26, 2020

Today, more than 60% of global transactions involving Bitcoin have a connection with the gambling industry. One of the main factors that can be used to explain this popularity is the anonymity that crypto offers to the network participants.In a business running on estimation and predictions, observation and critical analysis of trends – of past, present, and future – play the central role. All the profits and losses incurred by its participants depend entirely on this object of detail and immense complexity. Such is the market of crypto sports betting that requires one to get a hang of multiple factors, from gauging sports team quality to consistently predicting the value of the cryptocurrency that they are dealing in.Crypto Sports Betting has been a recent entrant on blockchain business

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Is Artificial Intelligence Poised to Come of Age?

February 25, 2020

Once AI has transformed into a lifelong-learning system across industries, individual users and big corporations alike will notice its more than dynamic insights.Artificial Intelligence (AI) in 2020 and beyond, with its seemingly limitless potential, is set to transform the world – or is it? To fully embrace and reap the rewards of this futuristic technological trend, industries as far afield as a business forecasting and online gambling security, predictive maintenance and customer service will need to identify a clear strategy of AI’s inherent value for each of them.The answer may lie in AI’s many nuances. For example, is your software able to learn new stuff on the fly? While at the National Aeronautics and Space Administration (NASA), neural network software expert Max Versace began to

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