Crypto news

Place/Date: - March 23rd, 2020 at 5:00 pm UTC · 2 min read Contact: BitMax.io, Source: BitMax.io BitMax.io (BTMX.com), an industry-leading digital asset trading platform, has announced the introduction of derivatives trading as part of its continuous strategic product expansion. Complementing its current spot and margin trading products, derivative trading has been officially launched on March 23rd, 9:30 a.m. EDT with a Bitcoin-based Perpetual Contract before extending to other assets and...

Place/Date: - March 23rd, 2020 at 4:33 pm UTC · 5 min read Source: IPSE [embedded content]In recent years, blockchain-centric technology clusters have moved to industrial applications. Among them, blockchain has become the most revolutionary and innovative technology due to its decentralized and distributed core concept and the promotion of fairness. Regardless of the economic, financial, and social aspects, blockchain with a distributed core concept, will be used as the underlying...

Although Bitcoin, among most financial assets, has lost a significant chunk of its value in the past month, Michael Novogratz remains positive. The CEO of Galaxy Digital Holdings recently predicted that 2020 will be the year of Bitcoin because of the macroeconomic backdrop.Novogratz: 2020 – The Year Of BitcoinIt’s safe to say that the past several weeks have been brutal in most financial markets, including the cryptocurrency scene. Some popular indexes plunged so hard that they had to halt...

While Google is working on its COVID-19 website, Alphabet (GOOGL) stock is trading in the red. Now its price is around $1036 per share.Google is one of the most famous companies in the world. It works virtually, doesn’t consume oil, metals and corporate loans. However, it lost 1/3 of the stock price, driving one from $1,509 diapason to $1,037 during the last 30 days. Alphabet Inc (NASDAQ: GOOGL) stock lost a bit at the beginning of the downwards spiral, with price moving to $1,300-1,400...

Johnson & Johnson (NYSE: JNJ) stock lost 5.64% on Friday and is 2.33% down today. The company’s CEO Alex Gorsky reassured that the company will have important data by the end of the year to offer a coronavirus vaccine.In the race for the search of a coronavirus vaccine is an American multinational corporation, Johnson & Johnson (NYSE: JNJ). However, things are not all rosy for its stock market which has been falling for the past two months. As a result, all the gains made from late...

Disney (DIS) stock price is falling due to the poor performance of its “Onward” movie. COVID-19 is causing disruptions in the entertainment industry apparently. Meanwhile, Disney+ is launching in Europe.The Walt Disney Company (NYSE: DIS) stock price has dropped since the premiere of Pixar’s new feature-length “Onward”. Sources say that this is because of falling demand from the theaters across the United States and beyond. On Friday Disney stock fell to $85.98 (-9.43%) at the market’s close....

The US Federal Reserve announced a new set of measures to help the market in the current ongoing crisis. Among these moves is an open-ended commitment to keep buying assets under the quantitative easing measures. The markets responded with an uproar, and Bitcoin followed, charting a quick 13% increase before retracing to its current levels.“Open-Ended Commitment” To Purchase AssetsThe Federal Reserve announced a new set of measures aimed at saving the collapsing markets. Among the most...

The Z/Yen Group Limited recently took legal action against a blockchain developer, the Cardano Foundation. The core of the problem and the cause of the lawsuit dates back to 2017 and is related to an agreement between the former research partners.Business partnerships are usually great at the beginning. However, sometimes unpredictable things happen and they fall apart. That is fine if the parting terms suit both sides, but in the case of the Cardano Foundation, the separation from the former...

Tezos resumed bearish sentiment after meeting rejection at a crucial resistance area.Despite losing 3.5% today, the price of Tezos continued to find support at 2500 SAT level against  BitcoinThere’s hope for the bulls if Tezos can clear the $1.8 resistance level.XTZ/USD: Tezos Remains Bearish Under $1.8 ResistanceKey Resistance Levels: $1.80, $2Key Support Levels: $1.25, $0.845XTZ/USD. Source: TradingViewFrom what’s happening so far, it appeared the coronavirus is still causing serious panic...

The fiscal stimulus bill presented by the Trump government failed to receive a key Senate vote and was halted from passing. The Democrats said that the bill did little to help out workers and more to bail out companies.The coronavirus pandemic continues to hit the global markets and the number of infected cases is on a steep rise. The U.S. Stock futures plunged in the early morning on Monday as Wall Street awaits an economic stimulus from the Trump government.Today, early morning 6 am, the...