Markets

Gilead Sciences (GILD) stock price has moved up at the news that its drug remdesivir is used to treat coronavirus patients on ‘compassionate’ grounds.Gilead Sciences Inc (NASDAQ: GILD) stock has made some gains after the confirmation of the use of one of its drugs on U.S. soil. Sources say that Remdesivir is being used to treat several patients who have coronavirus. The drug is not approved by the U.S. Food and Drug Administration (FDA). Certain rules allow for the use of such mediations on...

In what has arguably been one of the worst drops for bitcoin in recent history, the world’s number one cryptocurrency by market cap has fallen back down to where it was in late January.Bitcoin Is Down for the CountWhile some are quick to blame the panic surrounding the coronavirus, others are saying that separate factors are responsible. Tim Enneking – the managing director of Digital Capital Management – says that bitcoin spiked to $10,500 too quickly, and that what we’re experiencing now is...

The Dow Jones opened with a fall amid the coronavirus outbreak. The Saudi Arabian and Russians continue with their supremacy battle on the crude oil price.The Dow Jones Industrial Average (DJI) opened on Wednesday with a 2.40% fall as hopes of quick stimulus by the government due to the coronavirus faded. This only indicated high volatility in the future of the stock market as uncertainty caused by the increase in coronavirus cases continue spreading all over the U.S.All other major indexes...

Nous travaillons depuis quatre ans dans le domaine des actifs digitaux, notamment dans la gestion d’actifs, et nous avons du gérer quotidiennement des transferts de fonds avec des comptes d’exchange. Les exchanges jouent plusieurs rôles: custodial, carnet d’ordre et parfois market maker, concentrant les risques et favorisant les conflits d’intérêts. Retirer ses fonds est une façon de mieux contrôler ces risques. Or, l’interaction avec...

As the third Bitcoin halving event approaches, interest among investors seems to dwindle as BTC followed the price action of the traditional markets failing to act as a haven asset.Everyone in the crypto world is aware that the third Bitcoin halving event will take place sometime in May. According to several analysts, it could be the needed spark that will ignite a crypto bull market. Interestingly, others also say that it will drop the token’s inflation rate lower than central banks’ 2%...

The constant expansion of the coronavirus continues to harm the global economic markets. Monday’s severe stock sell-off pushed the UK to cut the interest rates, a week after the US did the same.As a result, Europe stocks are in the green as of writing these lines. Wall Street’s major indexes opened Wednesday’s trading in the deep red zone – S&P 500 and NASDAQ are down 3% at the moment. At the same time, Bitcoin’s price is steady around $7800.Coronavirus Spreads: Global Markets ReactThe...

Novavax (NVAX) stock jumped again yesterday after it received a $4 million award to be pumped into developing a vaccine for COVID-19. However, today it is falling.Since the coronavirus epidemic worsened, the stock market has been a lot more unreliable than ever. Stocks that had shown a lot of promise since the year began, have crashed considerably and are still bleeding. There are a few stocks that seem to be well-positioned for an increase if the epidemic continues to get worse. However, of...

Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.Blockchain.com once was responsible for 70% of all the BTC wallets. Today, users can borrow USD (in stablecoin) and keep the precious Bitcoin for themselves. If they will pay the credited funds back after some time, of course.Per the official announcement made on Tuesday, Blockchain.com (former Blockchain.info) offers a new borrow...

The coronavirus is negatively influencing the markets. Though Apple (AAPL) stock was moving up yesterday, today it is falling again.Apple Inc (NASDAQ: AAPL) stock has jumped by about 7.2% in the markets on Tuesday. This comes after the stock had faced a rough time at the markets due to COVID-19 issues. The Cupertino California giant has had it rough this year when it comes to the numbers. This comes as the big tech companies have been hammered recently. Sources say iPhone sales fell to about...

Google (GOOGL) stock rose 4.88% on Tuesday as the company is expanding work from home recommendation to all North American employees and established ‘COVID-19 fund’To ensure employee safety and reduce the risk of an infection, a few companies around the world are asking their staff to work from home. As the coronavirus epidemic got worse in China and the government began its lockdown, businesses that could run remotely began doing so. Now that the virus is spreading across the world, other...