Crypto news

Bitcoin Cash would remain bearish as long as the price action remains inside the daily channel against the US DollarThe price is still up 1.87% despite the recent bearishness in the overall marketAgainst Bitcoin, BCH is currently relying on 0.033 BTC support levelBCH/USD: BCH Rejecting At $240 Resistance Key Support Levels: $240, $280, $351Key Resistance Levels: $200, $169, $141BCH/USD. Source: TradingViewAfter a massive crash earlier this month, Bitcoin Cash saw a significant recovery over...

President Donald Trump reversed his earlier decision to open the United States by April 10, 2020, and now he plans to reopen the country for business on April 30.On March 29, President Donald Trump reversed his earlier decision to open the United States by April 10, 2020. He has decided to extend national social-distancing guidelines to April 30. This initiative is aimed at keeping the forecasted coronavirus death toll in the U.S. from reaching catastrophic and worst-case scenario levels.In...

As a result of the ongoing coronavirus pandemic, EasyJet has announced that it has grounded its entire fleet of more than 300 aircraft. EasyJet stock market has lost another 8% after the announcement amidst internal disagreements.EasyJet plc (LON: EZJ), a British low-cost airline group that is headquartered at London Luton Airport, has today announced that it will ground its entire fleet of more than 300 aircraft. The airline is responding to the ongoing travel restriction caused by the...

Abbott Laboratories (ABT) stock rises further following the company’s announcement about its system for identifying coronavirus. Today, during the pre-market hours, Abbott Laboratories shares were 8.77% up. Now they are 6.83% up.It is high time to see where do things stand in healthcare companies. One of them, Abbott Laboratories (NYSE: ABT), has recently got FDA approval on its coronavirus test m2000 RealTime System, which takes a 5-minute minimum to get the results. The test is portable and...

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...

JPMorgan Chase (JPM) stock price remained in the neutral territory today in the pre-market as strategists say that the worst is over for the financial markets. As the trading opened, JPM started falling.JPMorgan Chase & Co (NYSE: JPM) stock remained neutral during the pre-market. Sources say that the banking behemoth’s stock prices seemed to hold steady as many expect the U.S. economy to go into a recession.This period of negative growth has been expected for the past month or so. This...

BlockTv, an Israeli-based blockchain and cryptocurrency video content media, has reduced its workforce by almost 80%. The company reportedly ended its contract with all but 5 of its employees as a result of the ongoing Coronavirus pandemic. BlockTv Layoff 18 EmployeesOwned by controversial Israeli businessman Moshe Hogeg, BlockTv has been providing crypto-related video content since it was founded in 2018. The company was seemingly performing well with 23 staffers until the recent Covid-19...

XRP saw a 6% increase today as it climbs back above $0.171.The cryptocurrency recently dropped lower but managed to rebound at support provided by a rising trend line.Against Bitcoin, XRP met resistance at 2800 SAT again and has dropped int 2750 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.171, $0.16, $0.156.Resistance: $0.182, $0.191, $0.2.XRP/BTC:Support: 2750 SAT, $2710 SAT, 2650 SAT.Resistance: 2800 SAT, 2850 SAT, 2900 SAT.XRP/USD: Ripple Rise Stalled By Bearish .618 Fib...

[PRESS RELEASE – PLEASE READ DISCLAIMER BELOW]The numbers keep rising. In the 3 months since it was first detected, the novel coronavirus (COVID-19) has infected upwards of 725,000 people all around the world, claiming over 34,000 lives, and counting.Amidst this global pandemic, healthcare workers are selflessly working around the clock to treat the infected and to contain and prevent the spread of COVID-19. They are our first line of defense in the battle against the virus. However, this...

The extreme levels of volatility reached the U.S. dollar as well, and the world’s reserve currency is losing value. It comes only days after the historic $6.2T “stimulus package,” which aims to help individuals and businesses in need.Amid the rising threat of inflation and concerns amongst numerous experts, the cryptocurrency community broached Bitcoin’s scarcity as an alternative to the constant increase of fiat money in circulation.U.S. Measures Harm The DollarThe novel coronavirus appeared...