Markets

Federal Reserve will spend $2.3 trillion on loans for households, small and medium-sized businesses with up to 10,000 employees and less than $2.5 billion in revenues for 2019.The U.S. stock markets have gone up for the third time this week, with stocks and indices jumping. The upgrading results not only from the optimism of investors who see signs of coronavirus outbreak slowing. The credit also belongs to the U.S. Federal Reserve that has unveiled a new $2.3 trillion program to support the...

Former Bakkt CEO and current Georgia Senate representative Kelly Loeffler, together with her husband, decided to liquidate all their shares to save her sinking re-election bid.Former Bakkt CEO, Sen. Kelly Loeffler, together with her husband Jeffrey Sprecher, decided to liquidate their shares portfolio and also move their holdings into exchange-traded funds. The move is anticipated to save Leoffler’s re-election bid which has been sinking by the day due to the coronavirus share sell-off...

Ford (F) stock price rose 7% yesterday but is still the lowest since 2009. The entire automobile industry should expect a 50% plunge in car sales in Q2 2020.Ford Motor Company (NYSE: F), the American car manufacturer, recorded a good rise in its stock price on Wednesday when it closed 6.79% higher than what it opened with. At the time of writing, the stock remains on a bullish run and has risen by 2.39% trading at $5.15 in the pre-market.However, the car manufacturer announced about a week...

Johnson & Johnson (JNJ) stock rose by 4.20% on April 9 to hit $143.26. The rise coincided with the positive ratings by different analysts like Citigroup. They believe the stock may reach $163.Johnson & Johnson (NYSE: JNJ) stock opened the day with the bulls ready to push more upwards. The stock rose by $5.78, which is approximately 4.20%, on April 9 to clinch slightly above $143. The pre-market price stands at $142, which means that JNJ stock started to fall. And now it is trading...

So far, April had been a blessing for Bitcoin. The primary cryptocurrency was trading slightly around the $6,000 mark on April 1st, but since then, there was only one way.There is only one disadvantage in this short-term positive trend: Bitcoin price is back to the recent positive correlation with the global stock markets. Satoshi’s plan was different – if Bitcoin wants to succeed in the long-term, it needs to stand by itself, uncorrelated to equity markets.Two days ago, on Tuesday, the...

EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...

Litecoin price is trading in a bullish zone above the $45.00 level against the US Dollar.LTC price is likely to accelerate further higher if it clears the $46.40 and $48.00 resistance levels.There is a short term bearish trend line forming with resistance near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could even surpass the $50.00 level as long as it is above the $44.00 support.Litecoin price is trading in a strong bullish trend against the US Dollar,...

The Dow Jones Industrial Average is actively gaining today as well as many stocks on the market. Meanwhile, U.S. coronavirus cases have topped 400,000The Dow Jones climbed nearly 800 points on Wednesday following Sanders’ decision to give up and quit his presidential campaign. Stock markets are also doing well today. Meanwhile, White House Health Advisor Anthony Fauci estimated the United States could see a slight outbreak decay next week and New York Mayor Bill De Blasio revealed some...

Check out an exclusive interview with CoinMarketCap’s senior leadership about the philosophy behind the project, its history and the acquisition by Binance.When talking about the platforms that are tracking cryptocurrencies movement, first that comes at one’s mind is definitely CoinMarketCap. A platform created to track the capitalization of different cryptocurrencies, the amount of trades that use them and the current price converted into fiat currencies updates the information every five...

Bitcoin has shot up by another $100, and the upsurge for the world’s number one cryptocurrency by market cap just keeps growing.Bitcoin Is Surging AgainNow, analysts think that if the currency can keep it up and potentially break $8,000, a run to $10,000 may soon follow. This is the sentiment of men like Craig Erlam, a senior analyst at OANDA. He explained in a recent statement that he believes $10K may not be far off for BTC if it can break the present $8,000 resistance level.Granted bitcoin...