Markets

As the markets have started to recover after the recent fall, Bitcoin price has finally managed to go beyond the level of $8,000 today.The VIX volatility index, the stock market’s main risk indicator, skyrocketed to 55 on March 9. Created by the Chicago Board Options Exchange (CBOE), the Volatility Index, or VIX, is a real-time market index that represents the market’s expectation of 30-day forward-looking volatility. But not only the traditional markets have reacted to the global situation,...

Call of Duty authors are launching a new battle royale game Warzone that will try to bite off a market share from Apex Legends, Fortnite, PlayerUnknown Battlegrounds, etc.Developed by Activision Blizzard Inc (NASDAQ: ATVI), Call of Duty: Warzone will put the players in front of complex military tasks. Its battle dynamics looks neat and the game is set to engage players thanks to huge gaming maps, a ton of different weapon and improved graphics.Call of Duty: Warzone will be available on PC, X...

Last week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.The Robinhood app went offline again. This comes as the fintech app reportedly ceased to function. Sources say that this is the second time this has occurred. This puts the commission-free trading app in a position where losses are mounting. Already various social media show that some users are migrating to other platforms. Goodbye #RobinHood ✌?...

Inovio (INO) stock has now erased some of its YTD gains after Citron Research suggested the company was grandstanding. Citron’s analysts now put INO at $2.Several factors affect the volatility of financial markets all over the world. In recent times, it’s been the coronavirus outbreak. The uncertainty and fear have caused a general plunge in the markets. However, some stocks – specifically biotech companies – rode on the epidemic for a time, and increased in value. Inovio Pharmaceuticals Inc...

The Italian government has announced extraordinary measures to contain the coronavirus. Prime Minister Giuseppe Conte on Monday declared the entire country a “red zone,” meaning people should stay home except of work needs and emergencies.In a pretty bizarre move, all of Italy and its 60 million residents have been placed under lockdown due to coronavirus. First, it was only the Lombardy when on Saturday, Italian Prime Minister Giuseppe Conte signed a decree to impose quarantine and limit...

Markets in the Asia Pacific began to recover Tuesday and Dow Jones futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.After the most disturbing day in newer U.S. market history (since 1991 Gulf War), as of 2:30 am ET Tuesday, futures on the Dow Jones Industrial Average started growing by 794 points, indicating an opening jump 839 points on Tuesday. S&P 500 futures and Nasdaq 100 futures also pointed to a higher open for...

While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.Facebook Inc (NASDAQ: FB) stock fell 6.40% on Monday drastically ending the hopes of recovering any time soon. The stock traded below $170 for the first time since the calendar flipped, and retested September 2019 strong support level. However, it did not respect the level as it has continued to show signs of falling further in the near future. The...

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...

The coronavirus outbreak has pushed some world central banks to quarantine physical cash bills. The World Health Organization (WHO) encourages the adoption of contactless payments. As such, it raises a legitimate question – could cryptocurrencies seize this opportunity to receive a larger market share for online payments?Caution On Physical BillsThe COVID-19 (coronavirus) outbreak continues to escalate. The number of confirmed cases worldwide exceeds 110,000. The serious effects on people’s...

Tron price remained in a bearish zone below the $0.0180 pivot level against the US Dollar.TRX price traded as low as $0.0141 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0175 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to struggle near $0.0164 and $0.0175 in the near term.TRON price is trading in a major downtrend against the US Dollar, similar to bitcoin. TRX price is likely to...