Markets

Boeing released several internal messages with company employees expressing their unease with the 737 Max. They discussed the problems existing in the flight simulators used to train pilots on the new jetliner while attempting to avoid extensive regulatory scrutiny of the plane. One company pilot told their colleague in 2016:“This airplane is designed by clowns, who, in turn, are supervised by monkeys.”The company had already given the documents to lawmakers with the U.S. Federal Aviation...

If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only the beginning for the world’s king coin.$20,000 Prediction for Bitcoin in 2020In a recent conversation with Bloomberg’s Taylor Riggs which took place on Wednesday, Singh spoke quite...

XRP, directly the third-biggest crypto with an ongoing market capitalization of $8.8 billion, has plunged about 2% of its price, trading at $0.2000 at the hour of writing. The crypto reversed from the price level at $0.2255 arrived earlier this week, after announcing that Binance had added the token to the list of cryptos accessible for futures trading, with leverage up to x75.Also, in an ongoing discharge, Alloy Networks reported a completely independent token electrical transfer board. The...

2020 could quite easily be a great year for FAAMNG stocks if things continue the way they currently are. FAAMNG comprises Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Netflix (NFLX), and Google’s parent company Alphabet (GOOG and GOOGL). These are the biggest tech and internet stocks in the world.FAAMNG Stocks in 2020A publication from The Arora Report shows the current money flow into these companies via their stocks. Dividing each stock into several data points, the table...

Recently, there appeared reports stating that American food delivery giant Grubhub is in talks with Walmart, Kroger, Albertsons, and Ahold-Delhaize. Some have rumored that the companies may acquire the leading food ordering and delivery company. The discussions around the news became even hotter after the comments of Brittain Ladd, ex-Amazon executive, and supply-chain consultant.Ladd said:“I have spoken with executives from each company (especially Walmart) and there is interest in acquiring...

Bitcoin cash price currently correcting gains from the $255 resistance area against the US Dollar.The price is approaching a couple of key supports near $227 and $225.There is a major contracting triangle forming with support near $232 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could dip towards the $225-$227 support area before it starts a fresh increase.Bitcoin cash price is slowly declining losing momentum below $240 against the US Dollar. BCH/USD could...

The halving for bitcoin is still months away, yet many analysts are still deeply divided on where the event will take us. Is the currency likely to go up as it’s done in the past, or will things remain as they are?Will the Halving Do Anything for the Industry?The rewards garnered by bitcoin miners will be cut in half, and the currency is set to become much rarer. Something that’s rare is likely to have a lot more value than something that’s common, but several industry leaders still believe...

Bitcoin equals digital gold, according to Bloomberg report. Altcoins set to suffer in 2020. The futures market will aid mass adoption. Bitcoin is going to boom this year. That’s the verdict, according to Bloomberg’s crypto’s outlook for 2020. Within the recently published report, Bloomberg market analyst Mike Mcglone outlines exactly how BTC can attain its 2019 high. Spoiler alert: it’s mostly to do with a correlation to gold. The bitcoin-gold relationship is on the...

It’s happened, folks. After roughly two months of waiting, bitcoin (BTC) – the world’s most powerful cryptocurrency by market cap – has jumped past the $8,000 mark.Bitcoin Is Heading for the StarsThis is not only good news, but it’s a testament to the coin’s resilience and maturity. According to Bloomberg’s 2020 crypto outlook report, bitcoin is edging its way closer to being considered “digital gold,” as many analysts and enthusiasts have referred to it over the years. While there are still...

Shares of techno giant Apple Inc. jumped to another record high on Wednesday, and have doubled over the past year. The company’s report on its app store sales said that App Store sales reached $1.42 billion between Christmas Eve and New Year Eve.This represents a 16% increase from the same holiday-season period a year ago. Just on New Year’s Day, App Store customers spent a record of $386 million in just one day. That is 20% more than the case was last year.The App Store started with its work...