Crypto news

Dow Jones futures plunges 800 points as the market opened in the European session. Analysts are speaking about a future market recession with possibilities of a 25% crash in Dow futures, as the coronavirus fears are spreading.Dow Jones Industrial Average (DJIA) plunged 800 points in the wake of Monday morning during the early trading hours in the European session. The sudden free-fall of the U.S. stocks is attributed to the increase in coronavirus outbreak alias COVID-19 cases outside...

XRP price is down now. But let’s take a closer look at the XRP market performance and the measures put in place by Ripple and XRPL community to see the coin thrive in the future.Ripple’s XRP has enjoyed a good reception in the market and the price has been recovering slowly after the 2017-2018 depreciation. That’s why the XRP market performance is widely discussed these days. The XRP price has been stabilizing, breaking the downward trend and also starting to form an upward movement.This has...

Etheruem has now increased by a total of 7.10% this week as the cryptocurrency edges toward $270.The bullish momentum has been fading. However, the buyers are still battling to stay present in the market.ETH made another attempt to break the 2020 high-day closing price today at 0.0278 BTC.Key Support & Resistance LevelsETH/USD:Support: $255, $250, $240.Resistance: $275, $285, $290.ETH/BTC:Support: 0.026 BTC, 0.0256 BTC, 0.025 BTC.Resistance: 0.0278 BTC, 0.0288 BTC, 0.030 BTC .ETH/USD:...

Tesla’s expansion plans with higher manufacturing outcomes by the end of 2020 are currently in the doldrums as China’s automobile industry witnessed a 92% drop in sales due to the coronavirus outbreak. TSLA stock started falling.The coronavirus outbreak has massively impacted China’s automobile industry as manufacturing has taken a backseat. Wuhan city also called the Detroit of China, has been at the heart of this virus epidemic. But will coronavirus seriously affect such giants as Tesla...

As Apple feels the heat from the coronavirus, AAPL stock is plunging and it looks like things might get worse for other tech stocks as well.Several companies and stocks in general, are still feeling the unpalatable effects of the coronavirus outbreak. Because of several restrictions placed by Chinese authorities as well as other governments, these businesses are taking a hit. The decline inevitably means that their stocks are also suffering. Apple Inc. (NASDAQ: AAPL) stock has felt this...

Facebook (FB) stock lost over 2% of its value on Friday and now its price is also decreasing in the pre-market. However, in the long term, it still looks viable.Facebook Inc. (NASDAQ: FB) stock lost 2% on Friday. Some experts believe that the dip in stock price came as a result of Fakebook’s recent earnings report. However, it’s worth mentioning that there has enough time gone since the moment of publication. But at that analysts are still wondering if the stock will be able to make...

Justin Sun, the founder and CEO of TRON blockchain, told CNN’s Julia Chatterley during a new interview that he is a long term believer in cryptocurrencies. He said he is very bullish on Bitcoin and also holds significant investments in other digital assets, including Ethereum (ETH) and Ripple (XRP). Justin Sun Doesn’t Hold FiatsWhile many would easily think that Justin Sun is only interested in TRX, the native token of the TRON network, he revealed that he has been holding a diversified...

As part of its goal to create a seamless bitcoin OTC transaction process, earlier in the year, Standard Escrow launched a web platform that enables its clients create and close transactions online. This new development simplifies the traditional strenuous offline escrow process and enables international cross-border transactions.Transacting parties can now conveniently open accounts, carry out all KYC and AML verification checks, and create transactions with *Standard Escrow online. This new...

Amazon (AMZN) is not the only stock that went down. Because of coronavirus, China will stop providing necessary physical and virtual services to the U.S. As a result, the market reacts with the overall drop in prices.At the beginning of 2020, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) has been showing not a very impressive performance. Such an outcome results from the company’s stock underperforming significant benchmarks over the previous six months. Until mid-January 2020, Amazon could...

Ripple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence. It is ranked with top giants in that field like PayPal and also UBS.The San-Francisco blockchain company Ripple Inc. has been recognized by FXC intelligence as one of the top 100 most important companies globally that are dealing with border payments in 2020. Ripple is the only crypto-related company that made it in the list of the cross-border whales.FXC Intelligence is a financial data...