Today’s pre-market rise of Apple (AAPL) stock follows its CEO’s announcement about designing and producing face shields for medical workers. The company is already in the process of donating over 20 million masks to healthcare professionals. On Friday, the stock of the Big Four technology company Apple Inc (NASDAQ: AAPL) closed 1.44% down at $241.41. Today, the situation has improved, and Apple stock is trading 4.06% up in the pre-market. At the moment of writing, it makes up $251.20 per...
Read More »Dow Futures Gain Over 800 Points, Global Stock Prices Rise on New Positive COVID-19 Numbers
As there finally appeared some positive news about the coronavirus cases, the global markets started to react. Today in the pre-market, Dow futures have gained 837 points already.Global stock prices have risen in response to new COVID-19 statistics. The same we can say about stock futures and Dow futures are not an exception. Sources say that financial markets have gone into a rebound in anticipation of fewer infected and dead due to that coronavirus. Reports coming in from some of the most...
Read More »Stellar Lumen (XLM) Price Surging Towards $0.050
Stellar lumen price is currently rising and trading nicely above the $0.0432 resistance against the US Dollar.XLM price is likely to continue higher above the $0.0450 and $0.0475 resistance levels.There is a key bullish trend line forming with support near $0.0418 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0550 if it clears the main $0.0500 resistance area.Stellar lumen price is gaining bullish momentum above $0.0420 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bulls Eyeing Crucial Upside Break
Ripple price is currently trading nicely above the $0.1680 support area against the US dollar.The price is facing a major resistance near the $0.1875 level.There is a crucial bullish trend line forming with support near $0.1772 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong upward move if it breaks the $0.1875 resistance area.Ripple price is showing a few bullish signs above $0.1680 against the US Dollar. XRP price is likely to continue...
Read More »Charts Suggest Another Bitcoin Rally May Be Coming
Things are looking good for bitcoin from a technical standpoint.Technical Charts Suggest Positivity for BitcoinPer recent technical charts, the world’s number one cryptocurrency by market cap has surged past a crucial position – the same position it moved beyond last January to incur a serious price spike that saw the currency surge past the $10,000 mark in mid-February.Could this mean that the gloom and doom that’s been plaguing bitcoin over the past few weeks is about to come to an end?...
Read More »Analysts: People Are Seeing Bitcoin as a Safe Haven, Lately
Bitcoin has climbed more than 15 percent over this last week, suggesting the currency hasn’t lost its strength or power as some might suggest.Is Bitcoin a Safe Haven After All?One of the big sentiments as of late is that bitcoin is being sold off in droves. That people are too worried about the economic conditions they’re facing and are looking to retain as much cash as possible. One of the ways of doing this is by selling all speculative assets to retain the money they need to survive and...
Read More »3M Stock Down 2.99% as Trump Forbids Coronavirus Protection Gear Export
President Donald Trump invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting critical medical gear used to protect wearers from the coronavirus. 3M stock price went down.American conglomerate 3M (NYSE: MMM) stock is experiencing not the best period. Though taking into account the products that the 3M company manufactures, the situation for it amid coronavirus could be just the opposite. On Friday, its stock lost 2.99% to trade at $133.79. After hours...
Read More »Bill Gates Is More Optimistic about Coronavirus Pandemic Than Donald Trump
Microsoft co-founder and philanthropist Bill Gates, who warned five years ago that the world’s greatest threat is a pandemic, believes that the current coronavirus crisis is “a nightmare scenario” but it could be worse.Even though the coronavirus spread seems like an unnatural phenomenon, it is real. And, what is, even more, real – is the death of hundreds of thousands of people. Coronavirus began its deathly crusade from China. However, the country with the most people infected (and dead as...
Read More »Poloniex Is Getting Ready to Release Powerful Token Launch Tool Named Launchbase
LaunchBase will become something more than just an issuance and exchange tool. Large ventures promise to offer professional help to novice businesses.Poloniex, LaunchBase and TRON Foundation promise to offer professional help to the selected teams who will manage to appear in the LaunchBase. The new projects will gain traction, adoption, and recognition thanks to Poloniex userbase.LaunchBase set for a collaboration with the investors, project CEOs, members of the community and all kinds of...
Read More »Crypto Exchanges Are Reporting Many New Bitcoin Customers
There has been a wide array of opinions about what bitcoin is doing throughout this pandemic. Some say it’s going to go up, while some say the downward spiral it’s been on for the past month is going to last until May’s halving.What Will Happen to Bitcoin in the Coming Days?One of the big opinions as of late is that bitcoin is the subject of a mass selloff – at least it was up until earlier this week. That explains why the world’s number one cryptocurrency by market cap fell into oblivion...
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