Tag Archives: News

As a result of the ongoing coronavirus pandemic, EasyJet has announced that it has grounded its entire fleet of more than 300 aircraft. EasyJet stock market has lost another 8% after the announcement amidst internal disagreements.EasyJet plc (LON: EZJ), a British low-cost airline group that is headquartered at London Luton Airport, has today announced that it will ground its entire fleet of more than 300 aircraft. The airline is responding to the ongoing travel restriction caused by the...

Abbott Laboratories (ABT) stock rises further following the company’s announcement about its system for identifying coronavirus. Today, during the pre-market hours, Abbott Laboratories shares were 8.77% up. Now they are 6.83% up.It is high time to see where do things stand in healthcare companies. One of them, Abbott Laboratories (NYSE: ABT), has recently got FDA approval on its coronavirus test m2000 RealTime System, which takes a 5-minute minimum to get the results. The test is portable and...

Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.Aiming at improving transparency, efficiency, and general client satisfaction Spanish bank Santander is going to launch its Ripple-powered payments solution in Mexico later in 2020.This has become known from a Form 20-F filed with the U.S Security and Exchange Commission (SEC) earlier this month, where the Spanish bank revealed...

JPMorgan Chase (JPM) stock price remained in the neutral territory today in the pre-market as strategists say that the worst is over for the financial markets. As the trading opened, JPM started falling.JPMorgan Chase & Co (NYSE: JPM) stock remained neutral during the pre-market. Sources say that the banking behemoth’s stock prices seemed to hold steady as many expect the U.S. economy to go into a recession.This period of negative growth has been expected for the past month or so. This...

Stellar lumen price is currently recovering higher from the $0.0375 area against the US Dollar.XLM price is likely to face a strong resistance near the $0.0405 and $0.0410 levels.Earlier, there was a break below a major bullish trend line with support near $0.0400 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0440 if it clears the main $0.0410 resistance area.Stellar lumen price is recovering towards major hurdles against the US Dollar and bitcoin. XLM price...

Ripple price declined recently from the $0.1880 resistance area against the US dollar.The price is now trading below $0.1700, but it is holding the key $0.1600 support.There is a key bullish trend line forming with support near $0.1605 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only resume its upward move as long as it is above the $0.1600 support area.Ripple price is holding a key uptrend support near $0.1600 against the US Dollar. XRP price is likely...

The CME Group in Chicago, Illinois, is proving to be one of the biggest and most influential establishments in the entire crypto community.The CME Group Is Heading for the TopThe company has gone on to break all kinds of records with its latest bitcoin futures options, which became available in late January of this year. The firm has already managed to outdo the likes of Bakkt, which arguably had greater publicity going into the bitcoin futures market and had more of a leadup before its doors...

IMF chief Kristalina Georgieva said that the global economy is now in a recession due to the impact of COVID-19. “We should not go with small measures now when we know that it is a gigantic crisis,” she said.International Monetary Fund chief Kristalina Georgieva has stated that the global economy is now in a recession due to COVID-19, Bit she added that she’s “heartened to see world leaders finally realizing that only a coordinated effort will be able to stem the spread of the novel...

Darn it, bitcoin was doing so well as of late! Now it looks like the world’s number one cryptocurrency by market cap has taken another nosedive.Bitcoin Has Fallen Into Oblivion… AgainAt the time of writing, bitcoin has fallen by roughly $500 in the past 24 hours. Just yesterday, the currency was trading as high as $6,700, but now it has seemingly fallen to as low as $6,250. That’s a slip of roughly seven percent. What could have caused such a dramatic fall in such a short period?While it’s...

As Congress went back and forth regarding the latest $2 trillion stimulus package designed to help America out during these strenuous times, many lawmakers suggested the idea of a digital dollar to potentially get things moving in the right direction.The Digital Dollar Has Failed… Or Has It?The digital dollar would have been an extension of USD. Instead of receiving paper checks in the mail, American citizens would instead receive digital funds as a means of ensuring that they did not handle...