Markets

The recent volatility in the global markets and the cryptocurrency markets has raised most trading volumes. Bitcoin options, for instance, reached a new all-time high yesterday. The futures market also saw a massive jump in the volume, as Binance Futures breaks its all-time high record.Bitcoin Options Volume SoarsThe past several days have been quite harmful to the cryptocurrency market in terms of price action. For example, the leading digital asset by market capitalization, Bitcoin, lost...

Tiffany Hayden is known as a major XRP supporter but she has sold off all her XRP holdings, citing bullying in the larger XRP community.The self-proclaimed Ripple‘s XRP CEO Tiffany Hayden has ditched her position on grounds of being bullied by the XRP community. In a series of tweets, she explained her experience ever since she began complaining about some flaws with the system, where the XRP community was harsh on her.According to the tweets, Hayden, who was considered a major supporter of...

Last week’s decision from the Supreme Court of India to lift a two-year-old ban on cryptocurrency usage already has a positive impact on the local business scene. Kraken, a leading veteran U.S.-based digital asset exchange, announced plans to invest resources in the Indian market.Kraken Recommits To The Indian MarketThe veteran San Francisco-based exchange, Kraken, is planning to invest in the newly-reopened for cryptocurrency-related business Indian market. The company recently announced its...

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...