Markets

Let’s have a closer look at Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA) stocks as the companies are working on possible coronavirus vaccine.In the race for a coronavirus vaccine, two horses battle for the lead, Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA). As a result, a lot of speculation on the booming of their stock prices has been in the mainstream media, since the outbreak of the deadly virus.Gilead Sciences is an American public biotech company...

Bitcoin has been hammered hard over these past few days, though it has managed to remain a small bit of momentum during the last 48 hours. The world’s number one cryptocurrency by market cap has managed to retain a position at around $5,300.Bitcoin Gets a Surge Thanks to the White HouseThis is likely thanks to a new economic stimulus package that President Donald Trump is looking to infuse. The package could be worth as much as $1 trillion and involves deferred tax payments for both...

These days, the BTC is trying to correct after stressful sales. On Thursday, March 19th, the key cryptocurrency is trading at $5800, growing 11%.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin price tech analysisBinance will not let the BTC rate fall to zeroMore and more opinions are voiced about the potential of the BTC fallingThe decision of the Fed to decrease the rate supported the BTC but not for longOn W1, the Bitcoin is realizing our monthly expectations of its decline. The...

Ripple’s partnership with DeeMoney is set to enter the second phase. DeeMoney is currently the only fintech firm with a funds transfer license from the Thai Central Bank.The partnership between Ripple and DeeMoney is entering a new phase. Sources say that the remittance blockchain company indicated this in a press release yesterday. The new partnership will allow Thais to remit funds to their homeland at cheaper rates. This comes as Ripple Labs Inc, that widely uses XRP in its solutions, is...

Since the day’s beginning, Bitcoin price gained slowly, setting the 35% record on a weekly scale. On March 19, Bitcoin gains more than 10%, setting a positive trend for the market.Bitcoin price and the hash rate were falling during the last week. Today, the price bounced, setting a 6 days record since March 13. BTC price has added more than 11% and reached $5,800. Back then, Bitcoin made a quick dive to $4,000 and below. The analysts were not expecting such a sharp move reverse, with many of...

Days after the significant volatility and Bitcoin price declines, Bitcoin Options trading volume on regulated exchanges sees record-breaking lows. While CME’s Options platform recently hit its all-time low level, Bakkt’s situation is even worse without any action for weeks.CME’s Bitcoin Options Volume ATLIn the middle of March, the cryptocurrency market, along with most financial markets, plunged amid the outbreak of the novel COVID-19 virus. In just a day, Bitcoin’s price dropped by...

Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.Cross-border transactions play a crucial role in the payment industry as the world economy is becoming progressively interconnected and global.The global remittance market’s growth is a decent indicator of the above-mentioned. According to a recent report, the revenue of cross-border transactions could nearly double in...

Huobi Group, a leading digital currency company, through its subsidiary Huobi DM, has launched a new “partial liquidation” mechanism in a bid to protect Futures traders against risks during times of heavy plummets in the cryptocurrency markets, according to a press release. Huobi DM is digital assets derivatives trading platform of Huobi Group. The move to create this mechanism, which is quite similar to Wall Street Circuit breakers, is coming as a result of the most recent price plunge that...

Although it is true that most cryptocurrencies have experienced significant losses in recent weeks, similar losses have been seen on multiple occasions in the past, and the market has always bounced back stronger than before.The last month has been an interesting time for both cryptocurrency traders and holders, as the cryptocurrency market witnessed one of the biggest crashes in its brief history.As it stands, the vast majority of cryptocurrencies have lost more than 40% of their value in...

For Walmart, the coronavirus outbreak has taken a beneficial turn, as the demand for some categories of goods and the number of deliveries have notably increased. This week, Walmart (WMT) stock cleared the 125.48 buy point.While the whole market is in the red because of coronavirus, Walmart Inc (NYSE: WMT) stock maintains its position. Moreover, it has managed to jump and reach a new high.On Wednesday, Walmart (WMT) stock got a second upgrade this week and cleared the 125.48 buy point. It...