Now that a $2 trillion economic stimulus package is on the verge of being approved by the Senate, many analysts and crypto enthusiasts everywhere believe the demand for bitcoin is going to go through the roof, which means now may be the time to buy… Before things get too expensive.Bitcoin Is About to Get Very BigLarry Kudlow – the chief economic advisor to President Donald Trump – called the plan the largest assistance the United States has ever seen, and further claimed:This legislation is...
Read More »Moderna (MRNA) Stock Rises 3.61% Today, Coronavirus Vaccine Results Are Still Months Away
Moderna (MRNA) stock price has risen at the possibility of having a new coronavirus vaccine by the fall of this year. Trials are expected to have been completed in two months’ time.Moderna Inc (NASDAQ: MRNA) stock price has risen slightly today. The stock price is up to $28.11 +0.98 (3.61%) intraday. This rise in stock price is attributed to the expected positive results from the Moderna COVID-19 vaccine. The first results could be available in two months. Analysts believe that the trials...
Read More »CME Group Should Start Mining Bitcoin, Board Of Directors Nominee Says
CME Group is the largest institutional provider of Bitcoin futures contracts. However, according to a nominee for the upcoming Board of Directors election, the company should also focus on additional operations, including mining Bitcoin and other companies, to create additional value for its stakeholders.CME Group Should Start Mining BitcoinDante Federighi is a nominee for CME Group’s upcoming board of directors election. He is also the co-founder of an investment managing firm called...
Read More »Dow Futures Adds 800 Points Despite Jobless Claims Jumps Above 3 Million
U.S. stock market led by the Dow futures turned positive despite the negative data on jobless claims that shot to historic figures of more than 3 million. The number of jobless claims even surpassed the Great Recession peak of about 695,000.During the early trading hours on Thursday, the U.S. stock futures led by the Dow Jones showed signs of recovering, despite the initial release of jobless claims that recorded the worst in recent history. As a result of the ongoing coronavirus, layoffs...
Read More »Litecoin Price Analysis: LTC Pokes $40 But Continues To Decline Against Bitcoin
Litecoin increased by a small 7% over the last week of trading as it reached $40.The cryptocurrency has been trading within a rising wedge formation for the past 2-weeks.Against Bitcoin, Litecoin continues to create fresh lows each day during March.Key Support & Resistance LevelsLTC/USD:Support: $39, $35, $32.50.Resistance: $42, $44, $47.50.LTC/BTC:Support: 0.0058 BTC, 0.0056 BTC, 0.0055 BTC.Resistance: 0.006 BTC, 0.0062 BTC, 0.00634 BTC.LTC/USD: Litecoin Trading Within Rising WedgeThe...
Read More »Ripple Labs Donates $200k to Help Fight with Coronavirus Pandemic
Ripple Labs is donating $200,000 to two different non-profits to help them amid teh spread of the COVID-19 at the time when scammers are looking for opportunities to cause problems too.Ripple Labs has donated about $200,000 to help halt the spread of coronavirus. The blockchain startup indicated this in a recent tweet. In these challenging times, Ripple is committed to being part of the global response to the COVID-19 pandemic. We’re starting in our own backyard with $100K donations each to...
Read More »U.S. Congress Might Disburse $1,200 Checks to Taxpayers in Coronavirus Aid, Who Qualifies?
The United States Congress is working on a $2 trillion stimulus bill to mitigate financial hardships due to coronavirus, with Americans set to get up to $1,200 checks for that purpose.The U.S. Congress is currently pushing through a $2 trillion stimulus bill to mitigate the financial effects of the COVID-19 pandemic. Some Americans can expect to receive checks from the government to assist them to cope with the hard times during this coronavirus crisis.Official reports confirm that the...
Read More »Ethereum 2.0 Will Impress Public with Totally Audited Code
Blockchain ventures could not issue new code and hope that the ‘community’ will handle it. Ethereum developers know that and put enormous amounts of time into improving the Ethereum 2.0.Let’s dig into what is currently happening with the long-awaited Ethereum 2.0 update? It appears that Phase 0 has been completed in a path towards code review. The Ethereum developer Danny Ryan and Least Authority are performing the code audit. The Least Authority is a security consultant firm. So far, they...
Read More »What Will $6 Trillion in Monetary Expansion Do To Cryptocurrency? (Opinion)
The pressure’s on for Congress to pass a $2 trillion spending bill to thaw the frozen economy. While they negotiate the largest ever emergency relief bill in US history, markets are getting restless. Stock futures have been volatile as the bill makes progress and stalls, then makes progress and stalls again. Voters are getting restless too. Both sides are badgering each other to “Hurry!” while negotiating a $2 trillion transaction with other people’s money.Any time either side of the partisan...
Read More »Bitcoin Price Seems to Be Ready to Stabilize, BTC Is Trading Over $6,600 Today
On Thursday, March 26th, the volatility in the BTC remains high. However, today the prices for the leading cryptocurrency are declining slightly, generally trading at $6645, while yesterday’s peak was $8350.BTC price todayQE in the USA is good for the BTCBitcoin price “will be okay” – Novogratz and PompilianoOn W1, Bitcoin demonstrates a significant pullback after a drastic decline. The market is still declining, and the nearest aim of the main trend is the fractal low of $3121.90 USD. The...
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