Markets

PepsiCo reported revenue of $18.09 billion versus the anticipated $17.23 billion. PEP shares haven’t been significantly affected.PepsiCo Inc (NASDAQ: PEP), an American multinational food, snack and beverage corporation, the stock added 1.05% during Wednesday’s trading session to close the day at $138.60. PEP shares were trading around 1.52% up in regards to yesterday’s close. Today, PEP stock is slightly up, trading at $138.67. Meanwhile, PepsiCo revealed its Q3 report.The tweak is largely...

The world’s largest sovereign hedge fund, the Norwegian Government Pension Fund, is reported to add more Bitcoin into its investment holdings. It has garnered indirect BTC exposure of 577.6 BTC via the Nasdaq-listed company MicroStrategy.Grayscale Trust has become a force that can not be ignored in the crypto asset market.On September 21, BTC fell from $10,988 to US$10,417. Two days later, Grayscale took a “sweep” and bought 17,100 BTC. This significant increase in holdings seems to have...

Twitter CEO Jack Dorsey has openly criticized Coinbase CEO Brian Armstrong following a recent controversial post urging employees of the exchange to steer clear from political discussions. Dorsey, however, believes that the whole purpose of the cryptocurrency field is social activism.Armstrong Highlights The Coinbase Core MissionIn a post shared over the weekend, Armstrong outlined that 2020 has already been a challenging year. The upcoming US Presidential elections also raise massive...

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...

Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar.LTC price is now trading above $46.20 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $45.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the key $47.30 resistance zone in the near term.Litecoin price is currently showing positive signs above $45.00...

If anyone is interested in starting their own major crypto company somewhere, they should probably look at how Coinbase operates. The exchange is one of the largest trading platforms in the United States, and while that’s certainly important, the company appears to have its head on straight when it comes to all the distractions of the outside world.Brian Armstrong States How Coinbase Will Move in the FutureIn a blog post published on Sunday by CEO Brian Armstrong, Coinbase mentioned that it...

Symblox is working on creating a global-scale cross-chain synthetic asset platform, it needs a blockchain platform simultaneously providing high scalability, low cost and easy interoperability.Symblox has revealed that it will be building on the Velas artificial intelligence-powered blockchain platform. The solution it is developing will feature attractive protocol mining opportunities via the SYX governance and utility token. Symblox is a defi project building a decentralized cross-chain...

Moderna (MRNA) stock has positively reacted to the news about good results shown by the company’s COVID-19 vaccine candidate.Following a research study published in the New England Journal of Medicine which shows that Moderna Inc (NASDAQ: MRNA) COVID-19 vaccine generated similar neutralizing antibodies in older and elderly adults at levels comparable to those in younger adults. Moderna (MRNA) is one of the top pharmaceutical companies in a frantic race to land authorization for the COVID-19...

A leaked memo from the company to its U.S. dealers indicate that Ford will be slashing prices for its all-electric Mustang Mach-E. Ford Motor Company (NYSE: F) stock price dropped 1.35% yesterday to close the day trading at $6.60. F stock continues experiencing sell pressure amid the ongoing coronavirus pandemic and the increased competition, especially in the electric vehicle industry.The company is competing with Tesla Inc (NASDAQ: TSLA) and Chinese companies that have significantly...

Bitcoin price is facing a strong resistance near $10,900 and $11,000 against the US Dollar.The price is holding the $10,600 support level and the 55 SMA (H4).There is a key breakout pattern forming with support near $10,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to decline sharply if there is a break below the $10,600 and $10,500 support levels.Bitcoin price is currently trading in a range above the $10,500 support against the US Dollar. BTC...