Markets

Though it’s probably too early to speak about it, but the Disney takeover by Apple seems to be quite real these days. Disney (DIS) stock is rising in the pre-market today.It seems like the Walt Disney Company (NYSE: DIS) takeover by Apple Inc (NASDAQ: APPL) is something that may be really possible soon. This is all due to the COVID-19 situation and its effects on the Disney business model. Sources say that though Disney has a lot going for it during this period, several things are working...

Today’s pre-market rise of Apple (AAPL) stock follows its CEO’s announcement about designing and producing face shields for medical workers. The company is already in the process of donating over 20 million masks to healthcare professionals. On Friday, the stock of the Big Four technology company Apple Inc (NASDAQ: AAPL) closed 1.44% down at $241.41. Today, the situation has improved, and Apple stock is trading 4.06% up in the pre-market. At the moment of writing, it makes up $251.20 per...

As there finally appeared some positive news about the coronavirus cases, the global markets started to react. Today in the pre-market, Dow futures have gained 837 points already.Global stock prices have risen in response to new COVID-19 statistics. The same we can say about stock futures and Dow futures are not an exception. Sources say that financial markets have gone into a rebound in anticipation of fewer infected and dead due to that coronavirus. Reports coming in from some of the most...

The outbreak of the novel coronavirus (COVID19) caused serious turmoil in the global financial markets. According to a report by VanEck Global, an ETF and Mutual Fund Manager, during this crisis so far, gold correlates with Bitcoin increasingly in the short-term.Gold Correlates With Bitcoin Amid Coronavirus OutbreakGold and Bitcoin are two assets that have nothing to do with each other on the surface and yet they are oftentimes compared. A closer look reveals many similarities, such as...

Stellar lumen price is currently rising and trading nicely above the $0.0432 resistance against the US Dollar.XLM price is likely to continue higher above the $0.0450 and $0.0475 resistance levels.There is a key bullish trend line forming with support near $0.0418 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0550 if it clears the main $0.0500 resistance area.Stellar lumen price is gaining bullish momentum above $0.0420 against the US Dollar, similar to bitcoin....

Popular cryptocurrency commentator Tone Vays believes that Bitcoin has already reached its yearly bottom when it hit $3,700. He continued his positive prediction noting that BTC might not even dip below $6,000.Tone Vays: Bitcoin Already BottomedThe egregious circumstances caused by the COVID-19 pandemic led to extremely high levels of volatility in all financial markets in March. Naturally, the cryptocurrency market is amongst the leaders in terms of violent fluctuations. During the most...

Ripple price is currently trading nicely above the $0.1680 support area against the US dollar.The price is facing a major resistance near the $0.1875 level.There is a crucial bullish trend line forming with support near $0.1772 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong upward move if it breaks the $0.1875 resistance area.Ripple price is showing a few bullish signs above $0.1680 against the US Dollar. XRP price is likely to continue...

Things are looking good for bitcoin from a technical standpoint.Technical Charts Suggest Positivity for BitcoinPer recent technical charts, the world’s number one cryptocurrency by market cap has surged past a crucial position – the same position it moved beyond last January to incur a serious price spike that saw the currency surge past the $10,000 mark in mid-February.Could this mean that the gloom and doom that’s been plaguing bitcoin over the past few weeks is about to come to an end?...

President Donald Trump invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting critical medical gear used to protect wearers from the coronavirus. 3M stock price went down.American conglomerate 3M (NYSE: MMM) stock is experiencing not the best period. Though taking into account the products that the 3M company manufactures, the situation for it amid coronavirus could be just the opposite. On Friday, its stock lost 2.99% to trade at $133.79. After hours...

There has been a wide array of opinions about what bitcoin is doing throughout this pandemic. Some say it’s going to go up, while some say the downward spiral it’s been on for the past month is going to last until May’s halving.What Will Happen to Bitcoin in the Coming Days?One of the big opinions as of late is that bitcoin is the subject of a mass selloff – at least it was up until earlier this week. That explains why the world’s number one cryptocurrency by market cap fell into oblivion...