Bernie Sanders has seized his wins in Iowa and New Hampshire in the presidential race indicating a strong start to the national elections ahead this year. However, the markets have preferred to neglect his wins and continue to be on the rising momentum ahead. Dow Futures are moving up.The Dow Futures have rallied to a new high 29, 270 despite Bernie Sanders winning the Democratic Primary from the New Hampshire. The Dow Futures broke 45 points northwards soon as the news broke out despite the...
Read More »Donald Trump Tries to Take His Merit for MAGA Stock Rise
President Trump called four big tech companies with trillion-dollar market caps, Microsoft, Apple, Google and Amazon, the MAGA club. MAGA is also a short form of ‘Make America Great Again’, a favorite slogan of Trump and his supporters.United States President Donald Trump called out four tech giants for becoming a trillion-dollar companies – thanks to his merits. And not just that. We all remember his slogan ‘Make America Great Again’ (MAGA), right? Well, he went that far to call Microsoft,...
Read More »Amazon Mulls Questioning Trump over Losing $10B Pentagon’s JEDI Contract
Amazon Web Services (AWS) said in the filing that it wants to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon’s JEDI contract awarded to Microsoft.Amazon Web Services (AWS) spokesperson blames United States President Donald Trump for using his executive powers in order “to advance his personal agenda.” They also claim that the example of this was awarding of the $10 billion Joint Enterprise Defense...
Read More »Facebook Stock Rises Despite Elon Musk’s Tweet Asking to #DeleteFacebook
Facebook (FB) stock price is moving higher despite all the noise around the company partially caused by Elon Musk’s negative position toward it.Last few years we are witnessing Facebook getting numerous objections from many sides. It all culminated when its CEO Mark Zuckerberg last year publicly admitted that the company won’t ever be included in checking the credibility of political parties that are advertising on the social network. Of course, it all was sparked even more when it’s...
Read More »Andrew Yang: Americans Need to Get More Involved in Crypto
The “presidential crypto candidate” – many known him as Andrew Yang – is once again praising digital currency, stating that more people need to become involved in it.Andrew Yang Is Pro CryptoYang is an entrepreneur, lawyer and businessman who, similar with current U.S. President Donald Trump, is seeking an entry into the world’s political spectrum. Yang has often been very praising of cryptocurrency, saying it’s the future of finance and that the lack of education centered around crypto is...
Read More »Brexit Is Done: Boris Johnson Wants ‘Canada Model’ for UK-EU Trade, But Is It Possible?
Brexit could “unleash the full potential” of the United Kingdom, though there will be “bumps in the road”, said the UK Prime Minister Boris Johnson in his first speech since Britain formally left the European Union. In his next speech that regards a trade deal with the bloc and other countries, Johnson will probably mention that he is ready to cut all the talks with the EU regarding the trade in case he doesn’t get it his way. He already set Australia as a successful example of a country that...
Read More »3 Reasons Why Bitcoin Price Has Gained 40% In 2020
2020 has so far been an exciting and profitable year for Bitcoin. Since the early days of January, the cryptocurrency has managed to increase its value by almost 40%. This is a spectacular performance for any asset, even more so within traditional markets.BTC/USD January. Source: TradingViewIn the past 24 hours alone, Bitcoin is up more than 3%, looking primed to start testing the resistance line at around $9,400.With so much going on in terms of price action, it’s perhaps interesting to...
Read More »Bitcoin Beats Gold as Investors Turn to Crypto while Coronavirus Death Toll Rises to 107
The spread of the coronavirus in China has really shaken the world. On Tuesday, January 28, the Chinese authorities said that the coronavirus outbreak has infected over 4000 individuals with over 100 deaths registered.Moreover, the global markets have already reacted to this alarming situation as we saw global stock plunging on Monday. At this time, Bitcoin and other cryptocurrencies are showing upward movement. The Bitcoin price surged nearly 5% today climbing above $9000 levels.At press...
Read More »Bakkt Consumer App Bakkt Pay Is to be Launched Already This Year
Blockchain firm Bakkt stole the show at the sideline of the World Economic Forum (WEF) held in Davos Switzerland by announcing the launch of its new consumer application that would look very much like a fintech app such as PayPal offers. Moreover, it will support all forms of digital assets, in addition to cryptocurrencies.Bakkt, the physically-settled Bitcoin Futures exchange created by the Intercontinental Exchange (ICE), is changing the way and manner in which crypto assets are perceived...
Read More »Amazon Files Motion to Suspend Microsoft from $10 Billion JEDI Project
In an interesting turn of events, Amazon is seeking a court injunction against Microsoft. Amazon wants the courts to prevent Microsoft from continuing with the popular Pentagon cloud project until all related cases are resolved.Amazon Looks to Stop MicrosoftIn October last year, the U.S. Department of Defense (DoD) announced that it will be awarding Microsoft with the Pentagon contract. Called the Joint Enterprise Defense Infrastructure (JEDI), the project is worth $10 billion. At the time,...
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