Tag Archives: News

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...

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...

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...

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...

The article provides an explanation of how the U.S. Federal Reserve devalues dollars by printing them in huge amounts and saves corporations for the money of taxpayers.Nobody expected a sudden collapse of the global economy this year. Production and consumption volumes have fallen to incredibly low levels, and Goldman Sachs analysts predict in the second quarter of 2020 GDP contraction will make up 24%. Such a discouraging forecast contradicts central banks’ vision, and to handle the...

In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.During this uncertain time, many companies in the crypto industry are continuing to develop their technology further and implement more innovative features for their users. This crypto digest will guide you through the major stories of March 2020.Shimmer on RustAlso, this month crypto exchange Bitfinex announced the deployment of its proprietary market...

At the time of writing, the privacy-focused cryptocurrency Monero is allegedly outperforming bitcoin, the world’s number one cryptocurrency by market cap.Monero Is Up, Up and Away!Monero is only the world’s 12th largest digital asset, though it is easily today’s biggest gainer, having surged by more than seven percent in just the last 24 hours alone. It is currently trading for just shy of $54, according to Messari.io.Monero is a very controversial coin in that it offers people far more...

Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.Binance, Block.one, BitMEX, TRON Foundation, BiBox and others received an astral hit. Well, not quite astral, but rather juridical. Because the regulators are mad when someone is doing things wrong.All the lawsuits are filed to the Southern District of New York. Per the...

Bitcoin mining has taken a real hit over the past month. Thanks to the coronavirus pandemic, the mining sector has experienced a huge fall in activity due to a bitcoin selloff and lagging rewards.Bitcoin Mining in Serious TroubleMany bitcoin mining firms are now looking at the situation differently. They figure they can still make a profit granted they work with people’s present situations. Thus, several are looking to sell bitcoin mining equipment at a discount. This way, they can earn...

Bitcoin has been dropping on a relatively consistent basis over the past month, and yet 2020 is still the year for mega predictions.Will Bitcoin Reach Its All-Time High in a Few Months?The co-founder of Morgan Creek – Jason Williams – is claiming that bitcoin will once again reach its all-time high of $20,000 this coming September. Normally, news like this wouldn’t strike people much, but considering the circumstances the crypto space and markets in general are now facing, this is a very bold...