Crypto news

Last week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.The Robinhood app went offline again. This comes as the fintech app reportedly ceased to function. Sources say that this is the second time this has occurred. This puts the commission-free trading app in a position where losses are mounting. Already various social media show that some users are migrating to other platforms. Goodbye #RobinHood ✌?...

In Japan bekommt man immer öfter zu hören, dass sie eine digitale Währung mit dem „digitalen Yen“ einführen wollen. Dieses Vorhaben wird vor allem durch die LDP-Partei vorangetrieben, wie Heise.de berichtet. Aufgrund der schon länger geplanten digitalen Version des Yuan in China, wird nun auch in Japan das Projekt für eine digitale Landeswährung unter Hochdruck umgesetzt. Der Start des digitalen Yuan,...

Place/Date: - March 10th, 2020 at 12:05 pm UTC · 7 min read Source: GSR Matrix Fund With the development of the digital economy, emerging technologies such as 5G, the Internet of Things, artificial intelligence, and big data have emerged endlessly, and the global Internet industry shows a comprehensive information explosion, against which background the data crisis has become apparent. Centralized data logic such as storage and search are facing many challenges, and the information...

Inovio (INO) stock has now erased some of its YTD gains after Citron Research suggested the company was grandstanding. Citron’s analysts now put INO at $2.Several factors affect the volatility of financial markets all over the world. In recent times, it’s been the coronavirus outbreak. The uncertainty and fear have caused a general plunge in the markets. However, some stocks – specifically biotech companies – rode on the epidemic for a time, and increased in value. Inovio Pharmaceuticals Inc...

The Craig Wright versus Kleiman legal case is far from over as the presiding judge has recently rejected Wright’s attempt to claim multiple privileges regarding the long-awaited private keys of the Satoshi’s 1 million Bitcoins, worth around $8 billion. Craig Wright claimed in December that he would receive the keys needed to access the Bitcoin via a bonded courier on January 1, 2020. The court then gave him until February 3 to provide evidence that he has gotten access to the funds. Wright...

The Italian government has announced extraordinary measures to contain the coronavirus. Prime Minister Giuseppe Conte on Monday declared the entire country a “red zone,” meaning people should stay home except of work needs and emergencies.In a pretty bizarre move, all of Italy and its 60 million residents have been placed under lockdown due to coronavirus. First, it was only the Lombardy when on Saturday, Italian Prime Minister Giuseppe Conte signed a decree to impose quarantine and limit...

Markets in the Asia Pacific began to recover Tuesday and Dow Jones futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.After the most disturbing day in newer U.S. market history (since 1991 Gulf War), as of 2:30 am ET Tuesday, futures on the Dow Jones Industrial Average started growing by 794 points, indicating an opening jump 839 points on Tuesday. S&P 500 futures and Nasdaq 100 futures also pointed to a higher open for...

While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.Facebook Inc (NASDAQ: FB) stock fell 6.40% on Monday drastically ending the hopes of recovering any time soon. The stock traded below $170 for the first time since the calendar flipped, and retested September 2019 strong support level. However, it did not respect the level as it has continued to show signs of falling further in the near future. The...

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...

The coronavirus outbreak has pushed some world central banks to quarantine physical cash bills. The World Health Organization (WHO) encourages the adoption of contactless payments. As such, it raises a legitimate question – could cryptocurrencies seize this opportunity to receive a larger market share for online payments?Caution On Physical BillsThe COVID-19 (coronavirus) outbreak continues to escalate. The number of confirmed cases worldwide exceeds 110,000. The serious effects on people’s...