Markets

Despite the raging volatility of the global markets due to the coronavirus, Bitcoin is acting as a stable coin, and over the past week, we had seen it trading between $8500 and $9000, which is roughly a 5.6% price range.Since the previous analysis from two days ago, Bitcoin had broken above our marked triangle (on the following 4-hour chart), and surged to the next resistance level at $9000, along with the 4-hour’s 50 moving average line (the pink line).There, the primary cryptocurrency got...

Place/Date: Vienna, Austria - March 3rd, 2020 at 8:55 pm UTC · 2 min read Contact: Bitpanda co-CEO Paul Klanschek, Source: Bitpanda Photo: Bitpanda Pro / TwitterBitpanda, the European leading home of digital assets, is repositioning its professional offering. The Bitpanda Global Exchange has been renamed to Bitpanda Pro and will now complement the company’s beginner-friendly brokerage service. Bitpanda Pro will focus on crypto-to-fiat markets with European currencies to onboard both...

Thermo Fisher launched an $11.59 billion bid for genetic testing company Qiagen NV. This acquisition may create a powerhouse that could be the next big thing in the biomedical field.Thermo Fisher Scientific Inc (NYSE: TMO) seems set to acquire Qiagen NV (NYSE: QGEN). The deal is reportedly worth about $11.59 billion. With its headquarters in the Netherlands, Qiagen runs operations from Germany. Sources indicate that the deal is expected to be rounded up as early as this week. After talks...

Costco stock is directly poised to enjoy a heavy surge in related supplies as the coronavirus outbreak causes people to start bulk buying.Because of the coronavirus epidemic, news about stock crashes are no longer surprising. Many companies have had some losses because the outbreak has serious adverse effects on their books and their general business. What makes the situation worse is that the coronavirus is still spreading and there is little to no hope of a solution anytime soon. However,...

Since Tesla issued its Model 3 ultra-fast electric car, BMW has started taking pressure on the luxury-level sedan market. People used to buy BMW when they wanted their sedan to be the best in the neighborhood.The German car manufacturer BMW describes the new i4 EV design as ‘crisp, smooth lines and taut volumes merge into a rich, smoothly contoured sculpture and create a clear surfacing language’.BMW Motoren Werke AG (ETR: BMW3) understands that the future is slowly coming, so they decide to...

Recently, Live Bitcoin News suggested that the bitcoin price was potentially on the verge of fixing itself. At the time of writing, the world’s number one cryptocurrency by market cap is trading for just under $8,900, meaning it’s added another $400 (roughly) in the past 24 hours.Bitcoin Is Again Smashing Its CompetitionIt appears that the fears surrounding the coronavirus and some of the global problems that have haunted our present financial markets are beginning to cease. The Dow Jones has...

Virgin Galactic is looking beyond space tourism to completely change the face of transportation entirely. The price of SPCE stock is growing.The possibility of space tourism is a very exciting one for the average person. The idea that anyone that can afford it can go into space on a leisure trip, points to the growth of technology while also making space more accessible. Virgin Galactic Holdings Inc (NYSE: SPCE) is the foremost company in this regard and has already seen an amazing demand for...

While many stocks are taking a big hit because of the coronavirus, the following 5 are some that are set up to benefit from the outbreak. Let’s have a look at them.The coronavirus outbreak is still driving a deep wedge into the world’s financial markets and stocks. As the situation continues to worsen, some of the world’s biggest companies are shedding significant weight in stocks as a result of the market disruptions from the coronavirus. In addition to that, the world’s richest people are...

Following a six-day sideways movement, Tezos now trades around $2.75 against US Dollar with 1.32% losses over the past hours.Tezos maintain the 10th best-performing cryptocurrency in terms of market cap.XTZ could resume the mid-term bullish trend if it can overcome immediate resistance levels across trading pairs.XTZ/USD: Tezos Keeping Sideways Trend After Two-Week LossesKey Resistance Levels: $2.95, 3.58, $3.9Key Support Levels: $2.6, $2.4, $2XTZ/USD. Source: TradingViewSince our previous...

Without a doubt, investors should brace themselves for more declines in Microsoft (MSFT) stock as the coronavirus rages on. But for investors with a longer-term view holding on to this software giant should prove to be a smart move.Stocks on Wall Street traded higher in the premarket on Tuesday following a report that a drug made by American company Gilead Sciences will soon start trials on patients infected with the coronavirus. Last night, the Dow Jones recorded its largest daily point...