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Tag Archives: News

Bybit Announces Sweeping Changes with New USDT Contracts

The rollout of USDT contracts introduces some major flexibility improvements to margin accounts. USDT will be the single currency for all user account balances, profits, and losses.March has been an extremely challenging month for the crypto markets, but at least some exchanges are keeping calm and carrying on with their roadmaps. Bybit has confirmed it’s rolling out some significantly enhanced functionality to its trading platform with the introduction of USDT contracts. The changes will...

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Chainalysis Economist: The Worst Is Over for Bitcoin

Some claim that bitcoin’s price can be predicted, while others say they know when bitcoin will go up and down. Is any of this truly possible?Can We Ever Know What Bitcoin Will Do?Bitcoin – the world’s number one digital currency by market cap – reached a 2020 high last month when it jumped past the $10,300 mark, though at press time, the currency is struggling in the mid-$6,000 range. While this is ultimately an improvement over where it was just two weeks ago, there is still a lot of room...

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Coronavirus Spreading Intensifies in U.S., India Locks Down

India is going on a nationwide quarantine. For at least the next 24 hours all Indians are discouraged to go to the streets. Also, the WHO thinks that the United States can become the next hot spot for coronavirus pandemic.Great Britain, India and many other countries already imposed hardcore quarantine. The coronavirus, U.S. markets, and overall uncertainty makes people go hoarding. Coronavirus spreading across the planet is causing much panic from the government and investment sides too. All...

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Disney (DIS) Stock Rises Over 11% Today, Disney+ Launches in Some European Countries

Disney (DIS) stock price has risen as the entertainment company has launched its streaming service in seven European countries. This has also excited investors at a time when confidence is low.The Walt Disney Company (NYSE: DIS) stock price has risen as Disney + has opened across Europe. Sources say that the stock price has responded positively despite the prevailing COVID-19 situation. Disney (DIS) stock was at $90.79 (+5.87%) in the pre-market today. At the time of writing, DIS stock is...

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When Coronavirus Vaccine Will Be Ready, Moderna and Many Others Working on It

As soon as a coronavirus vaccine is approved, it’s going to be needed in vast quantity, and many of the organizations in the Covid-19 vaccine race simply don’t have the necessary production capacity. Moderna is one of the promising players,The most asked question of all nowadays is probably the question of when the coronavirus vaccine will be ready. All eyes are turned to the prospect of a vaccine because only a vaccine can prevent people from getting sick. The overall number of infected...

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Euro-Zone Economy Crashes on Coronavirus Shutdowns,Tokyo Olympics Postponed for 1 Year

The economy of the euro zone is being brought down on its knees in a historic measure due to the ongoing coronavirus outbreak. In response to the coronavirus pandemic, the Olympic Games in Tokyo have been pushed forward for another year.The coronavirus pandemic has not spared the giant euro-zone economy. According to a post by Bloomberg, the euro zone is sinking into the biggest economic crisis ever recorded in recent financial systems. As the authorities rush to implement precautionary...

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U.S. Working on Stimulus Bill in Response to COVID-19

U.S. Senate leaders and the Trump administration neared an agreement on a massive stimulus bill that could inject $2 trillion into the economy to blunt the impacts of the coronavirus.The United States Democratic party said it is working on a big stimulus bill in response as an answer to the coronavirus epidemic and its economic impact. A version of the bill is dated March 22 and it has been circulating includes a passage that, if passed, would lead to the creation of a “digital dollar” to be...

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How OKEx and OKB Managed to Outperform in Crypto Market Meltdown

OKEx CEO Jay Hao reveals the magic behind and explains how the company overcomes the recent market crash and COVID-19 outbreak.It is the worst of times for the global economy. Almost every major economy is inescapable from the outbreak of coronavirus, aka COVID-19. The recent stock market shocks and oil price war are fuelling the economic hardship of the world. The fear of recession is rising.It is the best of times for the cryptocurrency market. Despite a few days of uncertainty, the crypto...

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You Can Offer Your BTC to Combat the Coronavirus in Europe

The coronavirus has spread to several countries across all major continents in the past few months. Thus far, more then 300,000 cases have been reported while the death toll exceeds 14,000.Bitcoin Will Battle the CoronavirusMany non-profit organizations and similar ventures are looking to donate their time, energy and resources towards battling the pandemic and assisting those who have succumbed to it, and for crypto holders, the time to ensure these companies get what they need is...

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Tesla (TSLA) Stock Rises 15%, Is It Time to Buy TSLA Instead of Toilet Paper?

Tesla (TSLA) Stock price is up. There are several reasons to think that the automaker will do well during these chaotic times.Tesla Inc (NASDAQ: TSLA) stock price went up in the pre-market today. And this tendency continued when the market opened. This indicates that Tesla is getting something right amidst the stock market chaos. The COVID-19 situation has driven everyone into panic mode. As such, the reaction of the markets is panic based on irrationality rather than rationality that...

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