Markets

The popular American hedge fund manager, Paul Tudor Jones II, said that he is buying Bitcoin amid the growing trend amongst world central banks to print excessive amounts of money.He added that the hedge fund he founded in 1980, Tudor Investment Corporation (Tudor BVI), could start allocating portions of its assets in Bitcoin futures.Paul Tudor Jones Buys Bitcoin To Fight InflationJones is a prominent traditional investor who founded the Tudor BVI hedge fund 40 years ago. He is also a...

Binance Coin is currently positioned in a downward direction.BNB may regain momentum if buying volume continues to increase again.The price dropped beneath 7-month support following a considerable selling pressure from 0.0023 BTC.BNB/USD: Binance Coin Remains Under CorrectionKey Resistance Levels: $18.7Key Support Levels: $16, $14.9BNB/USD. Source: TradingViewFollowing the latest drops in the entire crypto market, Binance Coin had gained about 1% since yesterday. Recently, BNB has been...

Seit ungefähr zwei Jahre bewegen sich der US-Index S&P 500 und der Bitcoin Kurs gleichförmig. Geht es für den Index hoch, geht es auch für Bitcoin hoch. Zuletzt ging es durch die Coronakrise für beide deutlich runter. Doch mit seiner letzten Kurserholung hat sich der Bitcoin seit ungefähr zwei Jahren zum ersten Mal richtig vom Index entkoppelt.Crypto News: Bitcoin vom S&P 500 entkoppeltIm Februar dieses Jahrs erreichten sowohl der S&P 500 als auch der Bitcoin ihre bisherigen...

Phase 2 trial of Moderna’s coronavirus vaccine will shortly begin and enroll 600 participants. The company is also planning to begin phase 3 trial as early as this summer. MRNA stock is 10% up now.Biotech company Moderna Inc. (NASDAQ: MRNA) has come one step closer to finding a COVID-19 vaccine. As Moderna has said, the Food and Drug Administration (FDA) approved its mRNA-1273 vaccine for phase 2 human trial. According to the company, this step will be “crucial” for vaccine development.As a...

The new members of the Celo Foundation’s Alliance of Prosperity will make their contribution to the platform’s common goal of creating the opportunity for like-minded organizations to collaborate together.Just in two months after the Celo Foundation announced its Alliance of Prosperity platform, 75 new members have pledged their integration. As members of the Alliance, their focus will be on larger financial inclusion and prosperity while adopting Celo’s technology.Besides, they will also...

Paypal (PYPL) stock price is rising today. Now the stock is over 12% up. The rise is attributed to the first quarter 2020 results released yesterday.PayPal Holdings, Inc. (NASDAQ: PYPL) stock continues climbing on top amid the coronavirus pandemic. The rise will continue to be fueled by the good result the company posted in Q1 of 2020. As of yesterday, the shares closed the day trading at $128.31, which reciprocated to a 2.30% rise. Paypal stock is now scaling to set a record of a new...

Gilead (GILD) stock price is rising slightly after the Japanese government indicated that it could grant approval to its remdesivir drug to be used in the fight with COVID-19.Gilead Sciences Inc (NASDAQ: GILD) stock price has risen by around one percent in the pre-market. Sources say that Gilead (GILD) stock price rise is attributed to the news about the Japanese government that is set to approve the use of remdesivir. The COVID-19 situation has created many issues, you can read about the...

Liberty Global and Telefónica have struck a deal to combine their British operations O2 and Virgin Media in a $38B merger that will reshape the UK’s telecoms market. The two companies announced the deal after five months of negotiations.Multinational telecommunications company Liberty Global Olc (NASDAQ: LBTYA) and Telefonica S.A. (BME: TEF) decided to combine their British operations in a deal that will constitute a new giant in the country’s telecommunications industry. Liberty Global’s...

Bitcoin has come a long way since it was first introduced to the world when its pseudonymous creator Satoshi Nakamoto published the whitepaper. In its first days of trading in 2010, BTC had a price of around $0.003.To those who have been in the market long enough, this price seems like that of many altcoins with an ambiguous background. However, at the time of this writing, Bitcoin trades at around $9,300, charting an unprecedented increase in the past decade.Bitcoin Was $0.003 10 Years...

EOS price started a major downside correction from the $3.121 high against the US Dollar.The price traded below the $3.000 and $2.800 support levels.There was a break below a major bullish trend line with support near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is currently holding a crucial support at $2.600, which holds the key in the near term.EOS price is consolidating above a few important supports against the US Dollar, while bitcoin is rising. The...