Markets

After the published Q2 report, Morgan Stanley (MS) stock price is rising. As the market opened today MS stock is 0.78% up.Earlier today, Morgan Stanley (NYSE: MS) published its Q2 2020 earnings results which crushed analysts’ predictions. The company’s net revenue turned out to be better than figures from a year ago, despite the current global economic situation. This year, net revenue hit $13.4, an increase over 2019 Q2’s $10.2 billion. Morgan Stanley earnings managed to hit $1.96 a share,...

On Thursday, July 16th, the quotations of the BTC renew local lows after another failure to overcome the resistance line of the descending channel. It seems that market participants regard the level of $9000 as the main support line and will test it.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBitcoin price today after a “fraud” attack via TwitterHuobi Futures planning to start trading options for the BitcoinOn W1, not much has changed again. The cryptoasset keeps...

David Rutter, CEO of blockchain firm R3, is independently working on a platform that leverages the distributed ledger technology (DLT) for bond trading.Digitizing the Corporate Bond Market with BlockchainThere is no doubt that the bond market is among the largest securities markets in the world, and yet trades are still handled over the phone. David Rutter, who founded R3, wants to modernize it by adopting blockchain technology. He started a corporate bond tech venture called LedgerEdge. The...

EOS price started a downside correction from the $2.726 high against the US Dollar.The price is now trading well below the $2.600 level and the 55 simple moving average (4-hours).There is a crucial declining channel forming with resistance near $2.580 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a fresh increase above $2.600 as long as it is above the $2.450 support zone.EOS price is following a declining pattern below $2.600 against the US Dollar,...

Although Bitcoin received massive attention yesterday while hackers exploited almost every world leader’s Twitter accounts, the asset price refuses to move outside of its comfort zone of approximately $9,200. The altcoin market, though, remains volatile – Chainlink reached a new all-time high yesterday, Tezos next?Twitter Hack Can’t Shake BitcoinAll eyes were on the popular social media platform Twitter yesterday’s night UTC. An unknown to this moment, the hackers gained access to the most...

Litecoin price is struggling to stay above the $42.60 support zone against the US Dollar.LTC price is now trading well below the $44.00 level and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase above $44.00 or it might dive below the $42.60 support.Litecoin price is showing a few bearish signs below $44.00 against the US...

An ongoing scam is being promoted on Twitter through some of the biggest accounts of major cryptocurrency companies and proponents.These include the world’s leading exchange, Binance, the US-based exchange Coinbase, as well as the account of one of the best-known Bitcoin proponents, AngeloBTC, and even Winklevoss’ Gemini.Ongoing Crypto ScamIn the past few minutes, some of the most popular cryptocurrency Twitter accounts have been compromised.A message about a partnership with a company called...

Chainlink continues its bullish sentiment after seeing some correction on Monday. Current ATH around $9The price is likely to reach $10 in case the bullish momentum proceeds.LINK/USD: Chainlink Resumes The Buy PressureKey Resistance Levels: $8.9 – $9, $9.5, $10Key Support Levels: $7.83, $6.86, $5.7After climbing above $5 earlier this month, Chainlink saw an impressive 70% increase to reach over $8.9 earlier today. The price couldn’t hold there, and of writing these lines, LINK is trading...

Following its IPO, nCino (NCNO) stock increased 195% on the first day of trading. However, today it is down nearly 15%.After filing for its initial price offering (IPO) last month, nCino Inc (NASDAQ: NCNO) raised $250 million in the IPO, as stock prices climbed over 190% on its first trading day. nCino, the financial cloud-based software provider, is now the latest company to achieve a healthy IPO day.At first, nCino planned to sell shares between $22 and $24. However, the stock opened at...

Bitcoin may be the world’s number one cryptocurrency by market cap, but it’s Ethereum that seems to be all the rage amongst both crypto enthusiasts and developers everywhere as of late.Ethereum Is Getting Bigger and BiggerEthereum is only the world’s second largest cryptocurrency, but it is the number one competitor to bitcoin. Still a relatively new currency by comparison (it was unveiled in 2015), the asset has established itself as the leading asset in the smart contracts space, attracting...