Markets

An American technology leader IBM has shared positive news: IBM stock jumps 5%, which results from appointing a new CEO.On Thursday, IBM closed at $137.69 per share, 5% more than the day before. And it is continuing its growth, the price makes up $142.10.IBM stock jumps 5% after its announcement about the change in the board of directors. Arvind Krishna, the current IBM Senior Vice President for Cloud and Cognitive Software, will serve as CEO. Further, Jim Whitehurst, Red Hat’s former CEO,...

Michigan-based General Motors (GM) is turning heads with a new announcement. The automaker has announced that it will resurrect the popular Hummer truck, making it all-electric, and a lot more power-packed than previous offerings.The New GM HummerDescribing it as a “super truck”, GM has said that the new vehicle will be launched as a GMC. It will be called the GMC Hummer EV as it is an all-electric vehicle and will have improved torque and acceleration. The company says that the new GM Hummer...

Traders of Bitfinex got the ability to trade the stablecoin XAUT with a maximum of 5x leverage. Bitfinex also pumps up BTC/USD margin trading pair to the same maximum.Last week Bitfinex presented a new stablecoin Tether Gold. It is backed by the gold bars hidden in the unknown Swiss vault. Tether claimed that they have ‘direct access’ to the vault. The margin trading option as announced on Tuesday, against the U.S. dollar, Tether and BTC. The initial equity can be 20%.Margin trading will...

Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert.Furthermore, he expressed his hopes once again that the United States can lead the race for both digital assets and blockchain adoption. This aligns with Bakkt plans, as CryptoPotato reported this week.Ethereum Futures Coming Soon?Bitcoin has dominated the cryptocurrency Futures market, but Ethereum might soon have its own similar product, according to Tarbert. The...

Amazon has released impressive earnings figures for its fourth quarter. The figures show that the company beat its expectations for what its efforts for the quarter would yield. Amazon announced that its holiday sales profit crossed $3 billion. In response, Amazon stock jumped 13%, pushing its valuation into the neighborhood of $1 trillion.Amazon Holiday Sales Quarter HighlightsAmazon reported a total profit of $3.3 billion for the holiday quarter recently concluded with a total revenue of...

Verasity, the attention-based rewards platform for content creators, finished 2019 on the right note. And 2020 is looking even better.The team has been working hard on key relationships, which culminated in its partnership with Jun Capital, a gateway to the lucrative Asian streaming market. Outside of promising professional relations, Verasity released its metrics for a fervent Q4 2019 that entailed a 20X increase in videos watched and a 10X increase in wallet registrations since the launch...

Since Bitcoin broke firmly above the $9K price line last Tuesday, we saw the coin consolidating mostly inside the range of $9300 – $9400.The beautiful thing about Bitcoin is that its volatility will ever stay. It doesn’t really matter whether Bitcoin price is trading for $10, $100, or $9000.Yesterday we saw another volatile move a-la Bitcoin: in under 30 minutes, we saw Bitcoin dropping from $9450 to $9000, only to mark a new yearly high at $9570 not so long after.The day traders who had kept...

Bitcoin cash price is showing a lot of positive signs above the $360 and $350 supports against the US Dollar.The price is currently trading just below the key $400 and $405 resistance levels.There is a rising channel forming with support near $378 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start another surge once it clears the $400 resistance area.Bitcoin cash price is trading in a bullish zone above $360 against the US Dollar. BCH/USD is likely to...

When last year in November, a documentary series episode from Netflix called “The Next Pandemic” came out – nobody actually didn’t give it too much importance. However, only a month after – boy, how it started to be popular. The episode describes the ways how viruses are spreading and evolving into epidemic situations.The story starts with traveling across India, Egypt, the Democratic Republic of Congo, the United States and explains historical cases of pandemics like it was the Spanish flu...

Tesla stock is beating Bitcoin – and when we say “beating” we mean it. Bitcoin investors are surely not happy with this fact that Tesla is outperforming Bitcoin (except if they didn’t invest in Tesla as well). If we look at the exact figures starting from January 1, the Bitcoin price rose around 30% while Tesla went 38% up.New Record – AgainTesla stock wasn’t like this all the time. Just for the reminder, in November, when the famous Cybertruck was revealed (and smashed, but hey every PR is a...