Markets

Switchere, a new player in the crypto world, is actively developing in Europe where it has a huge customer base and penetrating the Asian market as well.A new crypto exchange by the name Switchere is not only developing fast but also gaining a huge customer base in Europe. Although entering a market with huge competition, it has grown fast to see its services reach the Asian market, which has a very large number of crypto enthusiasts.The crypto exchange is offering transparency and...

3M is facing turbulence as the Trump administration meddles with its operations, making MMM stock unpopular among investors despite their products being involved in the fight against COVID-19.On April 2, the White House confirmed that it might adjust previous guidelines that discouraged non-health workers from wearing medical face masks. The new change will come as ‘guidance’ from the CDC. However, President Trump said that, for now, it would not be made mandatory. Medical-grade masks...

Bank of America (BAC) has opened its small business loan portal. This comes as its stock is down in the market due to the COVID-19 situation.Bank of America Corporation (NYSE: BAC) stock price has fallen since the opening bell of the New York Stock Exchange (NYSE). Bank of America (BAC) stock has dropped to around $19.90, -$0.66 (3.23%).This comes at a time that the bank is seemingly “all-American” in its response to the business malaise that is currently occurring due to COVID-19.Bank of...

Both the Dow Jones and the Nasdaq Composite managed increased but started to lose points as the COVID-19 outbreak continues to spread, affecting over 1 million people globally.Even as the coronavirus pandemic continues to ravage the world both health-wise and financially, there seems to be some much-needed respite coming in from the world’s financial markets. Regardless of how long this respite will last, Wall Street is seeing some interesting and generally optimistic upward movement...

BitcoinBitcoin managed to increase by around 8% over the past 7-days of trading as the cryptocurrency climbed above crucial resistance at $6,800 today. Bitcoin had actually been trading within an ascending triangle and bounced from the lower boundary of this pattern 5-days ago, which allowed it to break above the upper boundary at $6,800.Note: Today’s candle has still not closed, so it is not fully confirmed if this is a real breakout.From above, the first level of resistance lies at $7,000....

Tesla reported much better Q1 deliveries than Wall Street could expect due to the risks associated with coronavirus. TSLA stock is up.Electric carmaker Tesla Inc (NASDAQ: TSLA) said on Thursday that they had the best first-quarter performance ever with 103,000 vehicles produced and 88,400 vehicles delivered. This number of deliveries revealed by Tesla was a surprise for many investors. The company also said that its Shanghai factory continued to achieve record levels of production, despite...

Amazon is taking measures to protect workers from novel coronavirus. Amazon (AMZN) stock has continued to rise to pick up from yesterday’s levels.Amazon.com Inc (NASDAQ: AMZN) has begun to bow to demands of the workers union and the plea from New York legislators who requested that the firm puts in place more coronavirus protection for workers at the warehouse. At the same time, AMZN stock is moving up.Recent reports state that Amazon Inc. is now beginning plans to roll out temperature checks...

Apple is set to introduce its newest budget iPhone SE. However, today in the pre-market, AAPL stock wasn’t rising as it could have been expected.Apple Inc (NASDAQ: AAPL) stock price is down by about 0.58% in the pre-market today. The stock of the technology giant has faced increased pressure in recent times due to the COVID-19 situation. The closing prices are positive. The closing prices closed by 1.67% to $244.93.So, it could be a battle between the bulls and the bears. Sources say the...

Yesterday Cryptopotato reported on one of the most impressive acquisitions within the cryptocurrency field. Binance struck a deal for an undisclosed amount of money to acquire the most popular data monitoring resource – CoinMarketCap.Naturally, given CMC’s massive userbase, a lot of members of the crypto community began to wonder how this will impact the future development of the website. Earlier today, we had the chance to speak with CoinMarketCap’s CEO, Carylyne Chan.Chan: CoinMarketCap...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 850. Heute sprechen wir über folgende Themen: Bewährungsprobe für Bitcoin, Coinmarketcap nimmt Stellung zur Binance-Übernahme & Altcoin Investoren bereit mit ihren Coins unterzugehen. 1.) Bewährungsprobe für Bitcoinhttps://www.spiegel.de/netzwelt/web/bitcoin-in-der-corona-krise-runtergerissen-aber-nicht-fallen-gelassen-a-19ae4633-571d-4288-9886-93079d0a82cf 2.) Coinmarketcap nimmt Stellung zur...