Markets

Tesla(TSLA) stock has been witnessing wild trading over the last days as the company announces its decision to resume the production at its Shanghai gigafactory after the delay due to the coronavirus outbreak.Tesla (TSLA) stock has been on the radar of the investors after its massive price surge this year. So far, since the beginning of 2020, the Tesla stock has surged over 90% taking the company valuations close to $150 billion.After an unprecedented surge to $965 levels last week, the stock...

The Airbus stock price is rising, and the only danger seems to be the coronavirus attack that has a negative influence on businesses. The company has recently shown its new plane, possibly revolutionary and certainly stylish.Airbus has proudly presented a new type of plane on several air shows. The new plane has blended wing body design, which is a rare thing. Also, it’s a stylish thing which emits 20% less carbon than other similar models.The project’s codename is Maveric, it’s a 10.5 feet...

The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...

According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.With the further spread of coronavirus, Chinese business faces a new challenge. At the end of Q1 2020 that ends in March, China’s smartphone shipments could drop by over 30%.International Data Corporation (IDC) stated:“The coronavirus outbreak impacted the Lunar...

Place/Date: Switzerland - February 11th, 2020 at 10:24 am UTC · 3 min read Source: EBO Even now in 2020, being a cryptocurrency user can be convoluted. If you want to buy an altcoin and store it in your own wallet away from an exchange, it could take up to three separate transactions if you’re not already holding some BTC or ETH.Of course, centralized exchanges have no incentive to address this. They want your funds in their wallet because you’re more likely to trade them, handing over...

Samsung Unpacked event 2020 is set today. The company is expected to release to the market its new devices including Galaxy S20, Z Flip foldable and also Galaxy Buds Plus.Samsung Unpacked 2020 event is set to take place today at 2 PM ET/ 11 AM PT as announced earlier through its official web page. Samsung is one of the world’s largest phone maker. That’s why it is a huge tech day as the company is set to unveil its new flagship foldable devices that will compete with other devices already in...

Good things don’t come up so quickly. This is what happened with Bitcoin, following the first time in four months that the coin had crossed the $10,000 mark.Two days ago, following the 10K break, we saw it rising a bit more but getting rejected before the next critical resistance price level at $10,300 – $10,400.The positive is that everything is healthy so far. Looking at the following daily chart since the beginning of 2020, you can see three mini-rallies (including the most recent one from...

Tron price jumped above $0.0200 and traded to a new 2020 high at $0.0237 against the US Dollar.TRX price is currently correcting lower and trading nicely above the $0.0205 support area.There is a major contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to aim a fresh upside break above the $0.0220 and $0.0230 resistance levels.TRON price is trading in a strong uptrend against the US Dollar, similar to bitcoin. TRX price...

Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000.Bitcoin Price To $40,000Lee is among the most vocal Bitcoin proponents and has regularly made positive price predictions. Speaking on CNBC’s Power Lunch, Lee reiterated on the current bullish...

Ethereum price traded to a new 2020 high at $231 and recently corrected lower against the US Dollar.ETH price is currently trading below the $225 and $224 support levels.There is a key bullish trend line forming with support near $206 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after it completes the current correction near $213 or $206.Ethereum price is trading nicely in an uptrend above $200 against the US Dollar. ETH/USD is currently correcting lower,...