Markets

Moderna (MRNA) stock rocketed today after the biotech company dosed the first patient in a study of its coronavirus vaccine. The drug aims to use a natural function called messenger RNA to protect against the SARS-CoV-2 virus that causes Covid-19.American pharmaceutical company Moderna Inc (NASDAQ: MRNA) stock started rising yesterday and kept their pace today as well. Yesterday, the MRNA price jumped over 24%. Today Moderna stock continued moving higher. The stock has managed to jump another...

TSLA stock is down while the company started delivering its latest car models on March 13, ahead of the initial schedule of autumn 2020. Later, Tesla made an official announcement and presented a video of the Model Y. Tesla Inc (NASDAQ: TSLA) stock continues plunging. Yesterday, it closed at $445.07, 18.58% down from its previous close of $546.62. Today, it was trading at $448.40 in the early hours, with the day high reaching $456.12 later. At the moment of writing, Tesla stock makes up...

The vaccine to protect against coronavirus has started to be tested in the US. Four patients received the jab. The vaccine contains a harmless genetic code copied from the virus that causes the disease.Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases confirmed that the first human trial testing a potential vaccine to prevent COVID-19 finally began. The vaccine was tested for the first time on Monday.He stated:“Finding a safe and effective vaccine to...

DBL Digital, a branch of Draw Bridge Lending, is unveiling its new Bitcoin Managed Account Program (MAP) for both inexperienced and professional traders.Draw Bridge Lending Looks to Bring Institutional Players OnboardDraw Bridge is a commodity trading advisory (CTA) firm that according to a press release, takes a “credit-based approach” to investing in digital currencies and tokens. All futures trading is done through a separate account of the client’s, who is only exposed to crypto trading...

While the US stock market saw its steepest one-day sell-off since Black Monday in 1987, Bitcoin saw its steepest one-day sell-off in its ten-year history, just a few days before.But don’t worry, that was institutional money running from everything Thursday. Of course, it ran from the risky cryptocurrency industry. Don’t forget that institutional investors getting into Bitcoin was a massive driver of its price growth over 2019. So Bitcoin just lost a bunch of people who don’t believe in it–...

Apple (AAPL) stock price dropped after it was announced that retail shops outside China will be closed due to COVID-19 fears.Apple Inc (NASDAQ: AAPL) stock price fell by about 12% on Monday. Sources say that the technology giant’s shares dropped as well. Stocks kept sliding even after the pre-market drop. This indicates that the Cupertino California technology company has its plate full. But today Apple stock is in green. As at the time of filing this report, Apple (AAPL) stock price was...

At the beginning of 2019 around $1.92 million of ETH was locked into DeFi, by the end of the year, this had risen to almost $3 million in Ethereum.Launched in 2015, the cryptocurrency Ethereum (ETH) is the go-to digital currency for smart contracts. While cryptocurrencies such as Bitcoin are used to transfer currency from one person to another, Ethereum can be described as highly programmable digital transactions that take place when certain conditions are met.It has a current circulating...

Last week’s massive Bitcoin sell-off that drove its price to below $4,000 came from short-term holders, new data shows. Long-term holders, on the other hand, are not moving or selling their BTC assets, at least for now.New Players Sold Their BTCMarch 12th-13th this year later became known as one of the worst trading days in the cryptocurrency market. Bitcoin, and most alternative coins, decreased by as much as 50% in less than 24 hours after extensive sell-offs.According to a report compiled...

Coinbase Card, Google Pay are uniting as one to increase the liquidity of cryptocurrencies and offer a new set of convenient payment options to customers. Coinbase users will have the chance to use their cards in many more jurisdictions.Per the official Coinbase blog, users of Android devices can connect their Coinbase Card to Google service now. The Visa-based debit card receives payments from cryptocurrency origin and spends fiat. Google allows Coinbase to become the first exchange in the...

Ripple is plotting a fresh rally, waiting for a triangle breakout to set mode on the 4-hours chart.Against Bitcoin, the price is struggling in consolidation following a sharp drop from a crucial resistance level of 3000 SAT.If XRP reverses its trend, the price is likely to hit $0.20 resistance on a short-termXRP/USD: Ripple Formed Symmetrical TriangleKey Resistance Levels: $0.17, $0.20Key Support Levels: $0.128, $0.11XRP/USD. Source: TradingViewOver the past few days, the entire crypto market...