One of the most popular cryptocurrencies, TRON (TRX) will be available to more users as the company partnered with a digital money transfer business Metal Pay. Moreover, TRON users will also be able to receive a cashback of up to 5% on eligible transactions for sending and receiving USD using the Metal Pay App.Tron Partners With Metal PayAccording to a press release shared with CryptoPotato, TRX, one of the largest and popular cryptocurrencies, will be available to more users. This becomes...
Read More »Amazon (AMZN) Stock Down 2% Now But It Still Could Be King of Market
Is Amazon (AMZN) stock still the king of the markets? Only time will tell us as the world goes topsy-turvy due to COVID-19.Amazon.com Inc (NASDAQ: AMZN) stock on a normal day used to be a “must-buy” for many investors. Today, the stock could as well rule the markets. The COVID-19 pandemic has sent markets south to incredibly new lows.This has created a new paradigm. Top-performing stocks are difficult to spot and the losers are everywhere across the board. The volatility of the markets has...
Read More »Facebook (FB) Stock Drops 3.33% Today amid Social Media Giant’s Weakening Ads Business
Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.Facebook Inc (NASDAQ: FB) stock is suffering as the coronavirus continues its spread and badly affects the market. On Tuesday, the Facebook stock closed at $161.23 and further dropped in the after-hours sales. Today, it has opened at $158.92 but already tanked by 3.33%. At the moment of writing, the Facebook stock...
Read More »AAPL Stock Up 10.03% Yesterday and Rises 2.53% Today, Apple Becomes $1T Company Again
While Apple stock has corrected nearly 32% in just the last month, analysts point out at its strong fundamentals and multiple revenue streams and say it is a good bet at the existing valuations.On Tuesday, March 24, the U.S. stock markets recovered significantly after some fiscal stimulus measures the previous day. Smartphone giant Apple Inc (NASDAQ: APPL) also showed yesterday a solid 10% plus recovery with the company reclaiming its trillion-dollar valuations. On Tuesday closing, the Apple...
Read More »Nike Stock Jumps Over 10% Today as Retailer Enjoys 36% Online Sales Growth
Nike reported quarterly earnings that have topped analysts’ expectations boosted by the company’s digital business and its success in North America. Nike stock is over 10% up today.On March 24, Nike Inc (NYSE: NKE) reported its earnings that topped analysts’ expectations, its stock reacted to the news. The quarterly earnings beat expectations due to a boost that came from the company’s digital business and significant growth in North America. These developments helped mitigate weakness in...
Read More »Ethereum Co-Founder Vitalik Buterin Wants Easy Bitcoin to Ethereum Swaps
Ethereum network co-founder and the brilliant mind Vitalik Buterin claims it’s a shame that the community still has to rely on ‘trusted’ parties to send Bitcoin value to Ethereum and back. He offers to change this using the Uniswap-alike decentralized solution.In a series of pretty interesting Twitter posts, Vitalik Buterin outlines presumable Ethereum future steps. Those steps needed to investigate the paranormal fact: Bitcoin and Ethereum still have no cheap and reliable means of...
Read More »Metal Pay Partners With TRON Allowing TRX to Be Bought Instantly in the US
Place/Date: SAN FRANCISCO - March 25th, 2020 at 3:15 pm UTC · 3 min read Contact: TRON, Source: TRON Digital money transfer business Metal Pay has partnered with TRON, making the TRX token available to users of the instant money service. As a result of the partnership, TRX will be fully integrated into Metal Pay’s mobile application, enabling TRON’s native token to be purchased using fiat currency via debit card or checking account.In addition, TRON users can earn up to 5% cashback in MTL...
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Following the latest price actions, Ethereum is undergoing consolidation around $135 against the US DollarEthereum is primed for a massive gain, but the price is still captured in an ascending triangle patternAfter breaking long-term support, Ethereum continued to drop and now faces another five-month support at 0.0195 BTC level against Bitcoin.ETH/USD: Ethereum Looking For BreakoutKey Resistance Levels: $160, $180, $196Key Support Levels: $121, $101, $86ETH/USD. Source: TradingViewThis week,...
Read More »Telegram Won’t be Able To Issue GRAM For Now, As Court Sides With SEC
The popular encrypted messaging application Telegram won’t be able to issue its GRAM tokens, for now. This becomes clear as a US District Court granted an injunction against the company in its lawsuit filed by the Securities and Exchange Commission (SEC).Howey Test Positive: GRAM Are SecuritiesTelegram’s GRAM sale has been officially halted following a lawsuit filed by the US Securities and Exchange Commission. According to a document issued by a United States District Court on March 24, the...
Read More »Bitcoin Price Analysis: Double-Top Could Send BTC Below $6,000 Very Soon?
Over the past day, we saw the Bitcoin price trading inside the tight range between $6600 and $6800. A few hours ago, Bitcoin finally seemed to break successfully to the upside touching $7000; however, the primary cryptocurrency got rejected very quickly, plunging $400 immediately back inside the described trading range.Over the past weeks, we had mentioned the correlation between Bitcoin and the global markets. This correlation disappeared at some point, but as of writing these lines and over...
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