Though it’s probably too early to speak about it, but the Disney takeover by Apple seems to be quite real these days. Disney (DIS) stock is rising in the pre-market today.It seems like the Walt Disney Company (NYSE: DIS) takeover by Apple Inc (NASDAQ: APPL) is something that may be really possible soon. This is all due to the COVID-19 situation and its effects on the Disney business model. Sources say that though Disney has a lot going for it during this period, several things are working...
Read More »Ripple Price Analysis: XRP Battling a Critical Resistance At $0.191, Huge Move Inbound?
XRP surged by a strong 5% today as it reaches the $0.19 level.The cryptocurrency rebounded at the rising trend line this weekend, which allowed it to surge back into the $0.191 resistance today.Against Bitcoin, XRP is trading sideways between 2600 SAT and 2700 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.182, $0.171, $0.16.Resistance: $0.191, $0.2, $0.215.XRP/BTC:Support: 2600 SAT, 2560 SAT, 2525 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD: Ripple To Break Bearish .618...
Read More »Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Digital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021.South Korean businesses and officials were talking about the government-backed stablecoins since December 2018. The Central Bank was hiring different industry experts. The experts prepare research on the CBDC related progress in other countries. Also, they propose own legal initiatives to improve the project. Now the Central Bank seems to be working...
Read More »Bitcoin Price Analysis: After 4 Attempts, Will BTC Finally Turn Bullish And Break To New 3-Week High?
The month of April so far seems bullish for Bitcoin. After starting the month at around $6200, the Bitcoin price quickly elevated to $6600 (April 1st) and built a ‘baseline’ around this price zone.At the same time, $6800 provided a tough resistance from the other side, and most of the time, Bitcoin was trading between the price range of $6600 – $6800, as we mentioned here before.As we can see, the $6600 had been providing decent support for Bitcoin over the past week and could defend every...
Read More »Apple (AAPL) Stock Up Over 4% in Pre-Market, Company Is Now Producing Face Masks
Today’s pre-market rise of Apple (AAPL) stock follows its CEO’s announcement about designing and producing face shields for medical workers. The company is already in the process of donating over 20 million masks to healthcare professionals. On Friday, the stock of the Big Four technology company Apple Inc (NASDAQ: AAPL) closed 1.44% down at $241.41. Today, the situation has improved, and Apple stock is trading 4.06% up in the pre-market. At the moment of writing, it makes up $251.20 per...
Read More »Dow Futures Gain Over 800 Points, Global Stock Prices Rise on New Positive COVID-19 Numbers
As there finally appeared some positive news about the coronavirus cases, the global markets started to react. Today in the pre-market, Dow futures have gained 837 points already.Global stock prices have risen in response to new COVID-19 statistics. The same we can say about stock futures and Dow futures are not an exception. Sources say that financial markets have gone into a rebound in anticipation of fewer infected and dead due to that coronavirus. Reports coming in from some of the most...
Read More »Auswirkungen der Corona-Krise im Crypto Valley
Swiss Blockchain Federation Die Swiss Blockchain Federation hat in der vergangenen Woche eine breite Befragung bei Startups im Schweizer Blockchain-Ökosystem durchgeführt. An der Umfrage zur Corona-Krise haben 203 Unternehmen teilgenommen und dabei einen Hilferuf abgegeben. Die zentralen Erkenntnisse: Ein Grossteil (79.8%) der befragten Startup-Vertreter gibt an, in den...
Read More »Bank Of Korea Launched A Test Program For Its Cryptocurrency Despite Low Demand
The Bank of Korea (BOK) has initiated a test program to check the capabilities and necessary technologies required for launching a central bank digital currency (CBDC). Despite the testing, though, the bank noted that the chances of issuing its own cryptocurrency are slim due to lots of competition.BOK Tests CBDCA local report from earlier today informed about the actions from the Bank of Korea. It indicated that the test program began last month and will provide a decisive conclusion by the...
Read More »Stellar Lumen (XLM) Price Surging Towards $0.050
Stellar lumen price is currently rising and trading nicely above the $0.0432 resistance against the US Dollar.XLM price is likely to continue higher above the $0.0450 and $0.0475 resistance levels.There is a key bullish trend line forming with support near $0.0418 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0550 if it clears the main $0.0500 resistance area.Stellar lumen price is gaining bullish momentum above $0.0420 against the US Dollar, similar to bitcoin....
Read More »Tone Vays: Bitcoin Bottomed, Will Be Surprised To See It Under $6,000
Popular cryptocurrency commentator Tone Vays believes that Bitcoin has already reached its yearly bottom when it hit $3,700. He continued his positive prediction noting that BTC might not even dip below $6,000.Tone Vays: Bitcoin Already BottomedThe egregious circumstances caused by the COVID-19 pandemic led to extremely high levels of volatility in all financial markets in March. Naturally, the cryptocurrency market is amongst the leaders in terms of violent fluctuations. During the most...
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