The coronavirus is negatively influencing the markets. Though Apple (AAPL) stock was moving up yesterday, today it is falling again.Apple Inc (NASDAQ: AAPL) stock has jumped by about 7.2% in the markets on Tuesday. This comes after the stock had faced a rough time at the markets due to COVID-19 issues. The Cupertino California giant has had it rough this year when it comes to the numbers. This comes as the big tech companies have been hammered recently. Sources say iPhone sales fell to about...
Read More »Elon Musk Plans to Open Tesla Cybertruck and Model Y Factories in U.S.
Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.Tesla Inc (NASDAQ: TSLA) Co-Founder and CEO Elon Musk went to Twitter to announce that the company is set to open a Tesla Cybertruck gigafactory in the central USA, while Model Y production set for the east coast. It is a bold move to invest billions of money at these uncertain times headed by coronavirus stock panic.Scouting locations for...
Read More »Google (GOOGL) Stock Rose 5%, Remote Work Recommended in North America
Google (GOOGL) stock rose 4.88% on Tuesday as the company is expanding work from home recommendation to all North American employees and established ‘COVID-19 fund’To ensure employee safety and reduce the risk of an infection, a few companies around the world are asking their staff to work from home. As the coronavirus epidemic got worse in China and the government began its lockdown, businesses that could run remotely began doing so. Now that the virus is spreading across the world, other...
Read More »Bitcoin Options Receive Massive $198 Million Worth of Traders’ Attention
Bitcoin options market is rising, per the crypto analytics firm Skew, with a massive money inflow from institutional investors. Yesterday, the volume of crypto derivatives trading was only increasing, reaching the level of almost $200 million.Bitcoin options are receiving a major call from the investors. They started selling and buying derivatives as the market went down. Let’s see what has happened here in detail.The CME Group, Deribit, Bakkt, LedgerX, and OKEx are experiencing the money...
Read More »Gain a Statistical Advantage Whilst Crypto Trading With the New DueDEX Risk Manager
DueDEX, the reputable crypto derivatives exchange, continues to up the ante on sophisticated crypto trading by introducing yet another ground-breaking trading tool: the DueDEX Risk Manager.Leveraged trading or margin trading, as typically offered by derivatives platforms like DueDEX, has become increasingly popular with modern crypto traders due to the heightened gains potential with minimal fund outlay. Simply put, the ability to purchase options and other derivatives at a far higher volume...
Read More »Ripple Price Analysis: XRP Standing At A Crucial Decision Point – Breakdown To New 2020 Lows?
XRP is attempting to recover from this weekend’s market capitulation after a price increase of approximately 7% from this week’s low.The cryptocurrency encountered resistance at $0.22 yesterday and quickly retraced back to the current price of $0.207.Against Bitcoin, XRP also recovered remarkably well as it swings back above 2650 SAT from a closing price beneath 2525 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.195, $0.19.Resistance: $0.22, $0.227, $0.235.XRP/BTC:Support:...
Read More »Dow Futures Slide 700 Points after Tuesday’s Rebound
Tuesday’s rally did not last long. Early on Wednesday, U.S. stock futures, including Dow, fell sharply. Tech stocks have also suffered.After the coronavirus outbreak, the market has become as volatile as never before. Yesterday, it rebounded after the crash on Monday, but it was not out of the woods yet. Today, U.S. stock futures dropped sharply, suggesting more volatility when trading began Wednesday, following two roller-coaster days on Wall Street. Dow Futures slide 700 points, rolling...
Read More »First Crypto Victim: Diagnosed With Coronavirus After Attending Two Recent Ethereum Community Conferences
A blockchain project executive was recently diagnosed with the coronavirus. He recently attended two major blockchain conferences and encouraged people who had close contact with him to get tested, as well.Diagnosed With COVID-19 After Attending Ethereum ConferencesZhen Yu Yong (Zen) is the Co-founder of TorusLabs – a decentralized login service company. Earlier today, he noted that after falling ill, he was later diagnosed with COVID-2019 (coronavirus.)Yong recently attended two major...
Read More »U.S. Treasury Yields Edge Lower as Confirmed Coronavirus Cases in the Country Surpass 1,000
The U.S. Treasury yields increase volatility caused by coronavirus panic as the number of confirmed cases in the country is growing.The coronavirus outbreak in the United States has now reached a red alert level after surpassing 1,000 cases and over 30 deaths. As a result, it has affected the treasury yields which is the return on investment on the government’s debt obligation. However, the United States government debt prices rose on Wednesday, after investors had hoped on imminent fiscal...
Read More »Split Operation: Damit bekämpft die Credit Suisse das Coronavirus
Das Coronavirus macht auch vor den Schweizer Grossbanken nicht Halt. Die Credit Suisse und Konkurrent UBS haben unterschiedliche Massnahmen ergriffen, um Mitarbeiter und Kunden zu schützen. Die wichtigste Massnahme von Credit Suisse hört auf den Namen „Split Operation“ und soll die wichtigsten Prozesse der Schweizer Großbank aufsplitten. Im Falle einer Ausbreitung des Coronavirus wird dann in der Theorie nur ein einzelner Bereich lahmgelegt, anstelle des gesamten...
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