Markets

Popular Lebanese-American essayist and economist, Nassim Nicholas Taleb, recently revealed that he has closed his Coinbase account. Taleb, who is also a former options trader and a risk analyst, complained that the US-based exchange was uncooperative in resolving some technical issues. Taleb Closes His Cloinbase Account Apart from being a well-known economist, Taleb is also the author of The Black Swan. It describes impossible-to-predict adverse events in all areas of life and how people...

Bitcoin cash price is following a bullish path above the $250 level against the US Dollar.The price is facing a major hurdle near the $268 and $270 levels.There is a major bullish trend line forming with support near $254 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if there is a clear break above the $268 resistance zone.Bitcoin cash price is trading in an uptrend above $255 against the US Dollar. BCH/USD is likely to clear the...

Tesla has major plans for expansion in China, Germany and the United Kingdom. Meanwhile TSLA stock is down today, trading at below $860.Electric-car pioneer manufacturer Tesla Inc (NASDAQ: TSLA) has a lot going on in regards to growing its market across the globe. Among the plans that the company has revealed are rather ambitious ones. For example, Tesla wants to install 4,000 Superchargers in China before the end of 2020, rework plans for its factory near Berlin to appease environmental...

If the talks between Amazon and Bharti Airtel are successful, Amazon will buy a 5 percent stake in this Indian telecommunications company.Privileged information made available by Reuters shows that Amazon.com Inc (NASDAQ: AMZN) is making a strategic move to buy a stake in Indian Telco Bharti Airtel Limited (NSE: BHARTIARTL). Bharti Airtel is looking to expand its services as it tries to catch up with its main competitor Reliance Jio.Jio has in recent times morphed into India’s third-largest...

Following yesterday’s sudden, short-term bitcoin spike, Coinbase – one of the largest and most popular crypto exchanges in the United States – experienced an outage that prevented customers from taking advantage of the volatility.Coinbase Experiences Another Outage, and People Aren’t Too HappyThis seems to be a pattern with the trading platform as of late. Every time bitcoin spikes to $10K or experiences solid jumps very quickly, the exchange seems to stop working. The last time this occurred...

Current data from CME and other Bitcoin price monitoring bodies have shown a bullish activity among institutional investors which may help Bitcoin price to hit $13,000 in June-JulyBitcoin, the first-ever digital currency which was created in 2008 by Satoshi Nakamoto and came into limelight in 2009 is renowned for its volatility, a factor that influences the price and market value of all other digital currencies collectively known as altcoins. CME data shows that Bitcoin remains bullish...

Morgan Stanley expects that Apple (AAPL) stock price could climb to $340 being powered by strong App store sales results. Today AAPL is at $324.94.Apple Inc (NASDAQ: AAPL) stock price rose in the last trading session but was down 0.23% in the pre-market. Sources say that experts of Morgan Stanley (NYSE: MS) expect Apple (AAPL) stock to reach $340. The reasons given for this estimate are dual. Strong App store sales and an increase in revenues from services.Katy Huberty in a research note said...

Bitcoin is on course to reach and possibly break its all-time high level of $20,000 by the end of the year, says Bloomberg’s latest report.It adds that BTC has matured as an asset in the past several months, which is supported by the increasing number of similarities with gold and its performance during the price drops prompted by the COVID-19 pandemic.BTC: $20,000 And Beyond This Year?“Something needs to go really wrong for Bitcoin to Not appreciate,” emphatically starts the report.By...

Die sogenannte Mining Difficulty steht kurz vor einem Drop. Traditionell sinkt mit einem Drop auch der BTC-Preis, so dass trotz des Bullenmarktes eine kurzfristige Preiskorrektur für den BTC zu erwarten ist. Der Drop der Difficulty ist der größte seit dem Bitcoin Halving am 11. Mai.Bitcoin News: Der BTC Preis könnte durch Mining Difficulty kurzfristig absinkenDas Bitcoin Netzwerk unterläuft einer automatischen Korrektur, die entscheidet, wie schwer es ist, einen BTC-Block zu minen. Bei hohen...

According to SVB Leerink analyst Geoffrey Porges, remdesivir price is likely to be $5,000 per course in the US, $4,000 per course in Europe, and around $2,000 in other markets. Gilead Sciences (GILD) stock keeps rising.Gilead Sciences Inc (NASDAQ: GILD) has been significantly progressing in fighting COVID-19 with remdesivir. While the biotech giant is planning on distributing the drug, analysts are estimation how much it will receive in revenue. According to SVB Leerink, with remdesivir...