Inovio plans to start a clinical trial of its coronavirus vaccine in the U.S. next month with the thought to expand to China and South Korea shortly thereafter.Inovio Pharmaceuticals Inc (NASDAQ: INO) is up over 18% in the premarket. Now its price is $8.80. But on Tuesday its results were even more impressive. INO stock gained practically 70%, reaching the level of $7.45. It happened after Inovio announced it has been speeding up the timeline for the development of a vaccine to treat the...
Read More »Ripple Price Analysis: Past Week’s Sideways Action Might End-up In A Huge XRP Move Soon
XRP continues to maintain the $0.227 support as it recently made attempts to break $0.24.The cryptocurrency has lost a total of 15% over the past two weeks of trading but is doing well to remain above the $0.227 support.Against Bitcoin, XRP is struggling to break resistance at 2700 SATs.Key Support & Resistance LevelsXRP/USD:Support: $0.227, $0.22, $0.217.Resistance: $0.245, $0.25, $0.26.XRP/BTC:Support: 2640 SAT, 2600 SAT, 2550 SAT.Resistance: 2700 – 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD...
Read More »10-Year Treasury Yield Dips Below 1% after Fed Presses the Emergency Button
The 10-year and 30-year Treasury bond yields are currently at their historic lows. Tuesday’s FED rate cuts have surprised traders as investors are now leaving stocks aside and moving for safer bonds.The economic effects of the rising coronavirus spread have forced policymakers to take instant corrective measures. Last week, the S&P 500, Nasdaq, and Dow Jones plunged around 10%, one of the nastiest corrections in the market after the 2008 financial crisis. To combat it, the Federal Reserve...
Read More »Cardano (ADA) Price Analysis: Upsides Remain Capped Near $0.052
ADA price started a major decline and traded below the $0.0520 support against the US Dollar.The price traded as low as $0.0450 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0515 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it fails to recover above the $0.0515 and $0.0520 resistance levels.Cardano price is facing an increase in selling pressure against the US Dollar and bitcoin. ADA price must...
Read More »FED Rate Receives 50 Basic Point Cut as Coronavirus Scares More People
The FED interest rate will receive a cut-off despite the fact that Jerome H. Powell was previously against that. Donald Trump and Steven Mnuchin send the words of support. The U.S. is full of coronavirus fears.Due to the coronavirus attack, the U.S. Federal Reserve (FED) decides to take 50 basis points off the interest rate. After the news, Bitcoin price went up, later showing again that the trend is not moving in a positive direction. No matter what, Bitcoin is in the relax zone below $9000....
Read More »Tesla and SpaceX CEO Elon Musk Claims Dogecoin Is Cool, Price Goes Up
Elon Musk has been trolling the crypto community many times already. Now he says that Dogecoin is the best cryptocurrency.Elon Musk has been tweeting about different cryptocurrencies for several years so far, mentioning Ethereum and Litecoin. Other coins are not the ones he like, but to make it without clear judgment, he seems like love Dogecoin. One was invented just for fun, the developers didn’t think that the community will make the coin grow. Not only the community supported the network,...
Read More »Bitcoin Price Analysis: BTC Could Recover Towards $9,400
Bitcoin price declined heavily and traded below the $9,000 support against the US Dollar.The price traded as low as $8,400 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $9,405 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher towards $9,400 if it breaks the $9,000 resistance.Bitcoin price is currently correcting higher above $8,800 against the US Dollar. BTC must surpass $9,000 to start a...
Read More »#826 Bitcoin als digitales Gold gefestigt, Volumen Einbruch Bitcoin CME Futures & Paris Blockchain Week verschoben
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 826. Heute sprechen wir über folgende Themen: Bitcoin hat sich in seiner Rolle als digitales Gold gefestigt, Volumen Bitcoin CME Futures stürzt ein & Paris Blockchain Week verschoben. [embedded content] 1.) Grayscale Direktor: „Bitcoin hat sich in seiner Rolle als digitales Gold gefestigt”https://de.cointelegraph.com/news/bitcoin-has-solidified-role-as-investors-digital-gold-grayscale 2.) Das Volumen der Bitcoin CME Futures...
Read More »India’s Supreme Court Lifts The Cryptocurrency Trading Ban by RBI From 2018
Today, the cryptocurrency community in India received a positive outcome on behalf of the country’s Supreme Court. After years of suppression from the Reserve Bank of India, The Supreme Court officially lifted the ban on trading or operating with digital assets.The RBI’s crypto ban is UnconstitutionalA local report from earlier today informed the positive outcome coming from the giant Asian country. A three-judge bench led by Rohinton Nariman quashed the 2018 directive from the Reserve Bank...
Read More »Australia Receives “Test” Version of Libra
The Reserve Bank of Australia (RBA) says its ready to do all it can to regulate Libra and any other new “payment technologies” that make their way through the country’s borders.A Test Version of Libra Is Made AvailableAustralia has been particularly hard towards Libra in the past, citing trust issues and even hinting that the platform was going to face hardcore scrutiny due to a largely unwelcoming attitude. This latest statement suggests that Australia may be giving into the idea that Libra...
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