Markets

Bitcoin cash price started a downside correction after testing the $275 resistance against the US Dollar.The price declined below the $260 support, but it stayed above the $235-$240 support zone.There is a major bullish trend line forming with support near $244 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $235 support.Bitcoin cash price is trading in a positive zone above the $240 level against the...

Bitcoin’s price peaked at $9,972.03, its highest in two-and-a-half months. Billionaire hedge fund manager Pual Tudor Jones says he bought BTC futures to hedge against inflation. Bitcoin’s quadrennial halving event is likely to fall on May 12. The price of bitcoin edged closer to the psychological $10,000 level on Thursday, as investors geared up for the quadrennial halving in roughly five days. Meanwhile, one of the world’s most famous investors just threw his weight behind BTC as a hedge...

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...