Markets

Tesla (TSLA) stock went down as it has become known that a full self-driving feature will add an extra $1,000 to the car prices. TSLA is 0.49% down.Tesla Inc (NASDAQ: TSLA) stock price was down in the pre-market today. This tendency continued as teh market opened as well. Sources say that this is occurring as Tesla is set to increase the cost of its self-driving option. As at the time of writing, Tesla (TSLA) stock price was $809.62, which means that the price is falling by 0.49%.Tesla is the...

On Monday, Moderna (MRNA) stock price jumped 20% after the company reported a positive date for its early-stage human trial for the COVID-19 vaccine – mRNA 1273. Now Moderna shares are around 3% down.Late Monday, May 18, a biotech company and a leading candidate for coronavirus vaccine – Moderna Inc (NASDAQ: MRNA) – announced that it plans to issue another 17.6 million shares at $76 each. With this, the company plans to raise gross proceeds worth $1.34 billion with the offer closing this...

U.S. bank stocks are rising on the hope that the economy is slowly bouncing back after a lockdown due to the coronavirus pandemic.Four major U.S. banks, including Wells Fargo & Co (NYSE: WFC), Citigroup Inc (NYSE: C), Bank of America Corporation (NYSE: BAC) and JPMorgan Chase & Co (NYSE: JPM), are seeing a rise in their stock value. The increase in these U.S. bank stocks is as a result of plans to reopen the U.S. economy, after a total shutdown because of the coronavirus pandemic.U.S....

Leading cryptocurrency exchange, Binance is back to China after leaving the country in 2017 due to the ban on crypto trading activities. However, the exchange’s return to China is not for crypto. It is to promote blockchain research and development in the region and across the world. “Binance China” Platform Goes Live Local media reported yesterday that Binance has officially launched a Binance China website. The domain name was registered with the Chinese government as “Binance.cn” in April...

Binance Savings Binance fügt seiner Plattform im Moment immer weitere Funktionen hinzu und scheint vorerst kein Ende zu finden. Mit Binance Savings (* Gutschein-Link unten im Artikel) sollen die Benutzer Zinsen erhalten können, indem sie ihre Kryptowährungen nutzen. Die Funktion steht derzeit für Kryptowährungen wie Litecoin, Bitcoin und Ethereum, aber auch für Ontology und...

Binance CEO Changpeng Zhao (CZ) claimed in a blog post that all projects within the Binance ecosystem operate independently from each other to some extent. CZ outlined that no person nor entity can affect CoinMarketCap’s new ranking system for exchanges, which placed Binance at the first spot.CZ: CMC Works IndependentlyAfter Binance acquired the data tracking company CoinMarketCap in April, both organizations launched a new ranking system for exchanges dubbed Web Traffic Factor. By combining...

Tron price is facing a major resistance near the $0.0155 level against the US Dollar.TRX price could start a strong increase if there is a clear break above the $0.0155 barrier.There is a key contracting triangle forming with resistance near $0.0155 on the 4-hours chart (data feed via Bitfinex).The price also dive significantly if it fails to stay above the $0.0148 support zone.TRON price is showing positive signs against the US Dollar, similar to bitcoin. However, TRX price must gain pace...

Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...

It’s been almost a week since bitcoin’s widely anticipated third halving, and thus far, the event has turned out to be a real bore.The Halving Hasn’t Amounted to MuchWhile bitcoin isn’t necessarily in bad shape, the halving made everyone believe that something big was about to happen. That perhaps the world’s number one cryptocurrency by market cap was going to aim for the stars and get there overnight. That may have been somewhat unrealistic, but there is certainly some speculation as to why...

The future for Zoom and airlines will be unknown as the economy can change in any direction. Today Zoom market cap is close to the market cap of 7 biggest airlines taken together.American communications technology company Zoom Video Communications Inc (NASDAQ: ZM) managed to capitalize on the coronavirus outbreak. As the whole world transferred to working from home, virtual meetings became more than a thing. So, today, Zoom has a market cap that is very close to the world’s seven largest...