Markets

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

Johnson & Johnson (JNJ) stock price is rising as the company is moving forward with its vaccine trials.Johnson & Johnson (NYSE: JNJ) is set to begin late-stage COVID-19 vaccine trials in September. It will be ahead of schedule. Meanwhile, Johnson & Johnson also indicated that its phase one trial should start next week. 1000 participants are expected for it. At the time of filing this report, in the pre-market, Johnson & Johnson (JNJ) stock price is $149.60 (+0.23%) and...

BlackRock declared revenue of $3.65 billion in Q2, 3.7% higher than in the same period last year. After the positive results, BLK stock is slightly up in the pre-market.BlackRock Inc (NYSE: BLK) has recently published its Q2 2020 financial results and joined the row of companies that have already done it earlier.The company declared that in the second quarter of 2020 its revenue was $3.65 billion which means that the figure has beaten the expectations by $100 million. As for year-to-year...

With a bit of delay following the Twitter hack, Bitcoin finally sees a slight movement downwards to $9,100. Interestingly, this time the three major US stock market indexes decrease in value with a similar percentage.The situation appears much more favorable in the low-cap altcoin market, as massive gainers include Aurora, Ampleforth, and Algorand.Bitcoin With A Quick DipFollowing the most discussed topic of the infamous Twitter hack from a few days ago, BTC’s involvement remained unnoticed,...

Bitcoin cash price failed to clear the $245 resistance and declined steadily against the US Dollar.The price broke the $228 support zone, which may now act as a resistance.There is a major bearish trend line forming with resistance near $228 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could extend its decline below $220 unless it recovers above $228 and $230.Bitcoin cash price is back in a bearish zone below $230 against the US Dollar. BCH/USD remains at a risk...

Shanghai Fosun Pharmaceutical Industrial Development received the acceptance notice of clinical trial application for the COVID-19 vaccine candidate BNT162b1 created by BioNTech.BioNTech SE (NASDAQ: BNTX) stock price rose slightly in trading during the early hours but started its way down as the market opened today. All these changes occurred as the Chinese government had approved the company’s COVID-19 vaccine trials. At the time of filing this report, BioNTech (BNTX) stock price was $76.17...

Amiti Uttarwar is looking to pave the way for more women to get involved in the crypto space.Uttarwar Reminisces on How Her Career Came to BeOne of the biggest arguments going against the bitcoin and blockchain market is that it is predominately inhabited by men, but Uttarwar, in her role as a bitcoin core developer, is trying to help the industry she’s come to love so much branch out a little.The daughter of Indian immigrants, Uttarwar says her parents struggled to make it to America, with...

Following last week’s reports, Swedish music-streaming leader Spotify has officially launched in Russia, along with a dozen other markets in Eastern Europe. SPOT stock is up.Spotify Technology S.A. (NYSE: SPOT) launched its service in 13 new markets across Europe including Russia, one of the world’s top 20 largest streaming markets. Spotify is definitely the world’s most popular audio streaming subscription service and with the new expansion, Spotify now reaches a current total of 92 markets...

Tesla (TSLA) stock price is down today. But it is still very close to $1,500. Is the stock a good buy now or maybe it needs to drop by at least $1,000 to attract investors?Tesla Inc (NASDAQ: TSLA) stock price was slightly down in the pre-market and is 3% down now. Currently, TSLA is trading at slightly below $1,500, at $1,498.02.Experts suppose that the stock price could be much higher than current levels. That is if not for the COVID-19 pandemic. However, even the current price level has...

American Airlines (AAL) stock is down. This is happening as the company has indicated that it may furlough up to 25,000 employees. The majority of them are front-line workers.American Airlines Group Inc (NASDAQ: AAL) stock price was down in the pre-market and is down now during the trading session. At the time of filing this report, American Airlines (AAL) stock price was $12.62 (-6.12%).It comes as the company has issued a notice of impending furloughs to 25,000 employees. It was said in a...