Crypto news

The situation with the oil price is getting worse as the price has now fallen below $30 as there is no longer much demand because of travel restrictions due to the coronavirus.The price of oil is easily the most talked about the news after the coronavirus pandemic. Oil, which has relatively maintained a significantly healthy price range for a while now, crashed terribly last week. Saudi Arabia deliberately cut down on the price of oil by 30% in response to Russia disagreeing to reduce its...

Currently, Google is working on a website devoted to COVID-19. Serving an informative function, the website will also remove fake information about the virus on YouTube, Google Maps, Google developer platforms, and across ads.Last Friday, the U.S. President Donald Trump revealed that Google is currently working on the screening website that addresses COVID-19 education, treatment and prevention, and local resources across the nation. According to Trump, 1,700 engineers under the tenure of...

Apple (AAPL) stock price dropped by around 13% in the premarket and is falling in the trading session today as well. This is due to a fine of about $1.2 billion imposed by the French antitrust regulators.Apple Inc (NASDAQ: AAPL) stock price was down 12.26% in the premarket. The stock price was at $243.90. This wasn’t the case though on Friday. Sources say that the price of the stock ended on Friday at $277.97. The fall has reportedly happened due to a € 1.1 billion (about $1.2 billion) fine...

Samuel Reed, BitMEX CTO, shared some information on the recent controversy that led to high levels of liquidated assets on the exchange platform. He noted that the technical issues BitMEX experienced were connected to an on-going botnet attack.March 13th: Botnet Attack On BitMEXLast week, Bitcoin went through a severe plunge that brought the price down to as low as $3,700 on BitMEX. The sharp decrease led to lots of trading volume and, inevitably, significant levels of liquidations on the...

Though a month ago TSLA stock was approaching $1000, today it is trading much lover. Its current price is below $500 in the premarket.Most of the tech stocks rose Friday together with the rest of the market. However, Tesla Inc (NASDAQ: TSLA) again decided to swim against the stream so it ended the week in the red after hours after President Donald Trump declared a national emergency over the coronavirus pandemic. Tesla shares opened on Friday at $595 plunged to $502 at their lowest point in...

The coronavirus pandemic isn’t at all taking it easy on European markets as well as travel stocks. Both are seriously bleeding. People are panicking and waiting for signs of improvement.The coronavirus outbreak has gotten increasingly worse since the first cases last year. Because of the situation, governments all over the world have begun imposing different lockdown levels to curb the spread of the highly contagious disease. With a large number of Europeans currently confirmed with COVID-19,...

NASA Marshall center claimed that they have the employee tested positive for the coronavirus. SPCE stock started falling in the premarket after a good Friday.Johns Hopkins University says the U.S. already has 3,300 or more contamination cases. Dow and S&P 500 do not show any signs of positive resolve. Nasa, Boeing, Blue Origin and Lockheed Martin have set the limit for their employees, they also cancel public events. The development of important spacecraft hardware is under attack....

The story about hotels owned by Ronaldo turned out to be fake. But it has become known that LVMH will produce free hand sanitizer for French Hospital Authorities.Even though it was reported through a lot of the media that a famous footballer Cristiano Ronaldo is turning his CR7 hotels into hospital to help people with coronavirus infection – it seems the news was fake.One of the hotels that were rumored to be have transformed into an infirmary for people affected by the deadly disease, The...

The novel COVID-19 (coronavirus) continues with its adverse effects on the financial markets. The cryptocurrency space is no exception. Bitcoin, for instance, slipped below the significant $5,000 mark and is currently trading at around $4,500.Just hours ago, the leading cryptocurrency by market cap saw a spike of $800. When the U.S. Fed Reserve made a total injection of $700 billion in treasuries and mortgage-back securities, Bitcoin jumped to almost $6,000. The bullish move, however, was...

With the coronavirus being declared a global pandemic by the WHO, McKinsey predicts different scenarios as to how the global markets will react in the future.The unprecedented breakout of the COVID-19 virus across the globe has gripped the global markets in absolute fear. A majority of the stock market across the globe have corrected to the tune of 20-30% just over the last month during the coronavirus outbreak.Businesses across different sectors are facing a major jolt as logistics and trade...