Ford (F) stock price is unstable while the company is preparing to produce 50,000 GE ventilators in collaboration with Generic Electric to help coronavirus patients.Ford Motor Company (NYSE: F) stock fell 3.08% on March 30, to trade at $5 per stock. But today it is trading with a 1.39% rise at $5.10. As with most U.S. stock markets at the moment, Ford (F) stock has recovered from the previous free fall thanks to the coronavirus stimulus package meant to cushion the market from further...
Read More »Bitcoin HODLers: BTC Daily Transfer Volume Hits 15-months Low
Bitcoin (BTC) and the general cryptocurrency markets are yet to fully recover from the massive sell-off on March 12, which left traders and hodlers scratching their heads as they watch the entire gains so far in 2020 being wiped off the board. Data gathered at that time suggested that the majority of sellers who rushed to sell their coins due to panic did so at a loss. The report further revealed that hodlers who had kept their BTC holdings in personal wallets started un-hodling by moving...
Read More »Markets in the Time of Covid-19
Market volatility remains high. That we’re in a recession is not a matter of doubt. At this point, it’s a question of mitigating its severity.Market volatility remains high as the Trump administration continues to address itself to the COVID-19 pandemic and its economic consequences. A degree of guarded confidence and corresponding gains have, however, arrested the marked drops in the S&P 500 and Dow, thanks to the approximately 2 trillion-dollar stabilization package currently being...
Read More »Quantum Entanglement: Mysterious Blockchain Project From Darknet, Which Is About To Change The World Pattern
On January 3, 2009, Bitcoin was born out of nowhere, which did not receive widespread attention. On May 22, 2010, a programmer named Laszlo Hanyecz bought two pizzas for 10000 BTCs. It can be seen that the value of Bitcoin was not recognized until it met the darknet. The mysterious dark web, like the iceberg hidden in the sea, is defined as the web that general search engines can’t search on the technical level; on the social level, it has many unimaginable horror, terror and crime.But it’s...
Read More »FB Stock Rose 5.84% on Monday, Facebook Shares Expected to Go Up Nearly 30%
Facebook (FB) jumped 5.84%, approximately $9.16 yesterday, In the pre-market, it is still gaining and has reached $166,20. JPMorgan and JMP Securities have reduced their price target of the stock to $215, which reciprocates to approximately 30% gains.Facebook Inc (NASDAQ: FB) stock has been on the winning side for the past two weeks, thanks to fundamentals that are cushioning its stock from the coronavirus pandemic. As of March 30, 16:26 EDT, the stock had pushed higher 5.84% and reached...
Read More »Bitcoin Halving is Just 43 Days Away, BTC Price Is Around $6,400
Though Bitcoin (BTC) is experiencing its worst sell-off in the last 7 years, the smart money is preparing for a golden bull run after the next halving that is said to happen in 43 days.While coronavirus is raging all over the world, investors are wondering what will happen to Bitcoin and altcoins, especially after BTC halving. We all already know that halving is happening soon but let’s start from the beginning. As part of Bitcoin issuance, miners are rewarded a certain amount of Bitcoins...
Read More »Ethereum 2.0 Multi-Client Testnet May Launch in April
The works on the development of Ethereum 2.0 are going on. The multi-client testnet is scheduled for April.The Ethereum 2.0 multi-client testnet is set to launch in April. Sources say that Ethereum co-founder Vitalik Buterin stated this in an interview yesterday 30th March 2020.The multi-client testnet phase is the last stage before the final introduction of the new Ethereum 2.0 to the mainnet. Buterin said several things which are worthy of note. He indicated that the latest phase underwent...
Read More »Tezos Price Analysis: XTZ Rebounds, Eyes $1.80 As Next Resistance Target
After recovering from $1.45, XTZ bulls are now pushing back at crucial resistance of $1.80While consolidating, Tezos is waiting for a huge price movement across its trading pairsAgainst Bitcoin, XTZ keep trading around 25000 SAT support as it looks for a strong rebound levelXTZ/USD: Tezos Struggles In A Tight RangeKey Resistance Levels: $1.80, $2, $2.5Key Support Levels: $1.45, $1.25, $0.845XTZ/USD. Source: TradingViewSince our previous price analysis, the price of Tezos has been trading in a...
Read More »Ethereum Price Analysis: ETH Consolidates Around $133 But Rolls Over Against Bitcoin
Ethereum saw a 1.6% price increase over the last 24-hours as it currently trades around $133.The cryptocurrency had fallen beneath an acute ascending triangle but managed to find support at the lower boundary of a new triangle this weekend.Against Bitcoin, Ethereum suffers as it drops back beneath 0.021 BTC. Remaining above 0.201 BTC will be crucial moving forward.Key Support & Resistance LevelsETH/USD:Support: $130, $123, $120.Resistance: $135, $140, $150.ETH/BTC:Support: 0.0201 BTC,...
Read More »Russia Will Stop Buying Gold But Will Sell It Internationally, Report Says
After years of purchasing significant quantities of gold, the Central Bank of Russia will seize buying more as of April 1st. The country announced it yesterday without explaining the move.Local analysts, however, claimed that the nation already has a lot of gold stashed in reserves and might start selling to international investors because of the high demand.Russia Stops Buying GoldThe precious metal is often regarded as the preferable safe-haven investment instrument by many. Individual or...
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