Johnson & Johnson after the announcement of the test of its coronavirus vaccine, JNJ stock has continued to surge, rising over 7%.Multinational pharmaceutical firm Johnson & Johnson (NYSE: JNJ) on Monday announced that human trial of its experimental vaccine for ravaging coronavirus will start September and would be ready for emergency use authorization early next year.After Johnson and Johnson made the announcement, the firm’s JNJ stock has continued to surge, rising over 7%.Johnson...
Read More »OKCoin Gets License to Offer Its Services in Japan
OKCoin has received a license to work in Japan and will soon launch its exchange service for individuals and businesses in the country.OKCoin, the premier cryptocurrency trading exchange, has secured a license to begin operations in Japan. While this may not sound like a big deal, there are many reasons to consider this as one of the major events in the cryptocurrency community for 2020. OKCoin Opens Its Operating Unit in JapanIts Tokyo unit OKCoin Japan obtained the license without recourse...
Read More »Bitcoin Has Fallen By Another $200
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has fallen an additional $200 and is now trading for just over $6,000.Bitcoin Has Dropped Another $200This means the currency has lost about $700 in just a few days. At the end of last week, the asset had reached a solid price of about $6,700 – a nice throwback to where it had been before all this crazy coronavirus panic. While this was still more than $3,000 less than its February high point, bitcoin...
Read More »Trump Agrees to Shut Down till April 30 to Maintain U.S. Coronavirus Death Toll Below 100K
President Donald Trump reversed his earlier decision to open the United States by April 10, 2020, and now he plans to reopen the country for business on April 30.On March 29, President Donald Trump reversed his earlier decision to open the United States by April 10, 2020. He has decided to extend national social-distancing guidelines to April 30. This initiative is aimed at keeping the forecasted coronavirus death toll in the U.S. from reaching catastrophic and worst-case scenario levels.In...
Read More »EasyJet Grounds Entire Fleet as EZJ Stock Dips Another 8%
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...
Read More »Abbott Laboratories (ABT) Stock Rose 8% in Pre-Market Trading and Is Up 6.83% Now
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...
Read More »Santander Plans to Launch Ripple-powered Payments Solution One Pay FX in Mexico in 2020
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...
Read More »JPMorgan Chase (JPM) Stock Remained Neutral in Pre-Market after Dropping by 7% on Friday
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...
Read More »Stellar Lumen (XLM) Price Approaching Make-or-Break Levels
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...
Read More »Ripple Price Analysis: Bulls Protecting Key Support Near $0.16
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...
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