As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.After a sustainable growth, Tesla Inc. (NASDAQ: TSLA) stock plunged more than 7% on Monday. Closing down 7.5%, the company’s shares ended the day at $833.79. Tesla stock is hit hard as a result of the sell-off driven by coronavirus fears. However, it’s worth mentioning that after hours the price is moving up. Now the TSLA price is around $854...
Read More »Big Tech Stocks Together Lost $250 Billion on Monday over Rising Concerns of Coronavirus
As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.On Monday, financial markets in the U.S. and across the globe plunged heavily on account of rising coronavirus cases outside China. The fall in the broader markets came after South Korea and Italy reported a sudden splurge in coronavirus cases on...
Read More »Tron (TRX) Price Analysis: Trading Near Crucial Make-or-Break Levels
Tron price failed to stay above the $0.0215 support and declined against the US Dollar.TRX price is now trading well below $0.0210 and it remains at a risk of more losses.There is a key declining channel forming with resistance near $0.0208 on the 4-hours chart (data feed via Bitfinex).The price could either rally above $0.0208 or decline sharply below $0.0192 in the near term.TRON price is facing an increase in selling pressure against the US Dollar, similar to bitcoin. TRX price must stay...
Read More »EOS: Das könnte der Altcoin des Jahres werden
EOS ist eine Blockchain-basierte Kryptowährung, die im Juni 2017 gestartet wurde. Heute liegt EOS mit einer Marktkapitalisierung von ungefähr 6,9 Milliarden US-Dollar auf Platz 5 der Kryptowährungen mit der grössten Marktkapitalisierung. Kryptowährungen sind für ihre starken Kursschwankungen und ihr daraus resultierendes Potential bekannt. Wie alle anderen großen Kryptowährungen erlebte auch EOS in den vergangenen Tagen einige...
Read More »Bitcoin Price Analysis: After $600 Plunge In 48 Hours, Bitcoin Is Facing Huge Critical Support Area
And the volatility continues: The past three weeks for Bitcoin’s price were very volatile. While the coin reached its new year’s high at $10,500, the fluctuations to both sides refuse to calm down over the past days.On our recent Bitcoin price analysis, we mentioned that Bitcoin was surging $300 intraday (towards the $10,000) and that this, in high chance, also could turn into a temp correction before discovering new lows.Unfortunately to the bulls, and following the massive global markets...
Read More »Ethereum Price Analysis: ETH Showing Signs of Fresh Decrease
Ethereum price struggled to clear the $280 resistance and declined recently against the US Dollar.ETH price is declining and it is now trading below the $270 support area.There was a break below a major contracting triangle with support near $265 on the 4-hours chart (data feed from Coinbase).The price is likely to continue lower towards the $243 support level in the near term.Ethereum price is showing a few bearish signs below the $270 support against the US Dollar. ETH/USD could slide in...
Read More »#820 Bitcoin und traditionelle Märkte fallen, Vodafone bringt Bitcoin zum Mainstream & Warren Buffett Tron
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 820. Heute sprechen wir über folgende Themen: Bitcoin und traditionelle Märkte fallen, Vodafone bringt Bitcoin zum Mainstream & Warren Buffett gibt zu, dass er keine Kryptowährungen besitzt. 1.) Bitcoin & Traditional Markets Drop 3% as Coronavirus Spreads in Italyhttps://cointelegraph.com/news/bitcoin-traditional-markets-drop-3-as-coronavirus-spreads-in-italy 2.) Vodafone bringt Bitcoin zum Mainstream –...
Read More »Mortgage Rates Drop 8-Year Low amid Coronavirus Fears, Investors Flee to Safe-Haven Assets
The impact of the coronavirus spread outside China is giving jitters to the entire financial markets as the average rate on the 30-year fixed mortgage has hit a low of 3.34% on Monday.The situation in the global markets continues to exacerbate with the rising fears of the coronavirus spread. On Monday morning, Dow Jones futures and global markets plunged heavily after a sudden jump in the number of coronavirus infected cases in South Korean and Italy.The financial markets continue to take a...
Read More »Tron CEO Justin Sun Is Ultra-Bullish on Bitcoin, Claims Holding Large Sums of ETH and XRP
During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.The TRON founder and CEO Justin Sun is one of the most media-savvy personalities in the crypto industry. In his recent interview with CNN’s Julia Chatterley, Sun spoke about the future of the crypto markets. Justin Sun has...
Read More »YouTube Is Hosting and Spreading Phony Bitcoin Giveways
There’s a new cryptocurrency scam a-brewing, and this time, it targets specific YouTube accounts.YouTube Is Spreading the Work of Crypto HackersThe scam takes on the form of phishing, which means hackers gain personal information from users to access their accounts and other private data. The scam targets YouTube account holders with fake brand deals, and it’s been active for the past two months. Companies like Brick Bros Productions have already reported that their accounts are no longer...
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