Tag Archives: News

From the beginning of its inception, Bitcoin was worth cents but had indestructible inner value. In the darkest days of humanity, only rare things will have value. Bitcoin and other cryptocurrencies can become the vaccine from the financial crisis.Due to the coronavirus attack and democracy constant fail across the globe, banks now can dump your data to anyone. The corporations and governments are taking away more rights under the cover of safety measures. However, total exposure to social...

It seems that Samsung range of smartphones might be the first of many to hit the market in the years to come owing, among other things, to blockchain and crypto adoption by the company.For some time, competition between tech giants has been predominantly focused on smartphone specifications and improving features such as camera specs, screen size, and resolutions. However, Korean technology giants Samsung, the creators of the Galaxy smartphone range could potentially become one of the most...

It’s been reported by some analysts that bitcoin demand is likely to go up in the coming weeks due to the current economic and market conditions, though some sources claim the opposite, and believe there will be a stronger desire for traditional financial services and institutions.Some Want Tradition Over BitcoinDuring the last few weeks, several traders sold off their bitcoin and crypto stashes along with their stocks, metals and other assets as a means of attaining cash. During times of...

The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay. Several mining firms and blockchain-based enterprises don’t see a point in keeping their doors open so long as the asset’s price suffers, and some companies – like mining venture Digital Farms in California – have decided to shut down “indefinitely.”Digital Farms Will Close Down for a WhileThis isn’t the first time we’ve seen the mining industry...

New data suggests that investors are once again gaining confidence in bitcoin.Bitcoin Is Back, BabyThe currency – which is often seen as a speculative asset – shed several points off its reputation during the past few weeks, though to be fair, the same can be said for many assets (i.e. stocks, oil, etc.) The coronavirus pandemic sent everyone into a solid panic, and people began selling off everything they owned in the hopes of gaining cold hard cash before the global economy suffered too...

The past several weeks have been chaotic everywhere in the world as the coronavirus outbreak threatens economies in both the West and the East. McKinsey explained what new challenges businesses have today.We are all aware nowadays that the novel coronavirus affected the world markets. If we are talking about cryptocurrencies, Dow Jones or commodities it affected them all. Also, it affected people and their ability to invest. We already wrote that the management and consulting company McKinsey...

Abbott Laboratories gets FDA approval on its coronavirus test m2000 RealTime System, which takes a 5-minute minimum to get the results. ABT stock rose nearly 2% after hours to trade around $76 though on Monday its price was $62.Abbott Laboratories (NYSE: ABT) announced on Friday that it has received the approval of its rapid COVID-19 test from the U.S. Food and Drug Administration. According to the company, the molecular point-of-care test will be run with their portable called ID now. This...

People who own cryptocurrency probably want to make sure there’s someone to receive it if they’re no longer around. The coronavirus has everyone scared about what will happen; are their lives at stake? Will they survive? Crypto startups like Casa and Unchained Capital are now helping enthusiasts ensure their loved ones receive their crypto stashes in the events of their demise.Casa and Unchained Capital See Surge in ActivityIt’s a morbid thought, but companies like Casa and Unchained Capital...

Big bitcoin price predictions keep entering our midst, with the latest one coming from Dan Morehead, the CEO of Pantera Capital.Morehead: BTC Will Surge Past $20,000While Morehead doesn’t push bitcoin into the six-figure range like Tim Draper or Ross Ulbricht have done in recent months, he’s confident BTC is set to accomplish big goals. He believes that by early 2021, the price of bitcoin will have surged past the $20,000 mark.Bitcoin almost reached this peak in December 2017. Just shy of the...

Dow Jones started the day with losing 1,058 points, or 4.7%. The S&P 500 was down 4% and the Nasdaq was 3.87% lower. Alphabet (GOOGL) stock is in the red as well.Friday’s trading started with Wall Street in red, with tech stocks going south. For instance, Alphabet Inc (NASDAQ: GOOGL) stock started the trading session at $1,127.47. At the moment of writing, Alphabet stock makes up $1,120.00 per share. It means that now GOOGL stock is falling nearly 4% if compared with the previous...