Bitcoin-led gaming site Bitcasino.io has announced the addition of the TronLink browser extension, which will allow for a seamless transaction experience on the casino for all TRON users.Now, fast and secure transactions need not be a hassle for TRON users, since TRX can be directly deposited or withdrawn via a simple click on a browser extension TronLink that ensures fully secure communication with Bitcasino without ever leaving your browser.This means that interaction with the TRON...
Read More »Reasons Why Markets Continue to Rise Despite Growing Number of Coronavirus Cases
Well, the jobless figures and the economic outlook seem pretty bleak for the coming few quarters amid coronavirus, here is how the market is reacting to the situation. Is any further damage already priced-in?On Thursday, March 26, Dow Jones surged 6.38% closing the day 1351 points higher at 22,552 levels. This has been the index’s biggest 3-day surge since 1931. Just in the last three days, Dow has added nearly 4000 points to its rally.However, it was all surprising to see the markets rally...
Read More »Digital Dollar Team Adds 22 Advisors, Hints at Whitepaper in Q2 2020
Ex-CFTC chief’s Digital Dollar Initiative adds 22 new advisors and will release a white paper in the next two months. The Digital Dollar is serious as never, as ex-CFTC, FED, Treasury board directors join the venture.Chris Giancarlo is gathering the industry’s top minds around what could soon become the Bitcoin killer for institutions. The Digital Dollar initiative is serious as never, as ex-CFTC, Treasury board directors join the venture. Digital Dollar Foundation (DDF) issue a press...
Read More »Microsoft Stock (MSFT) Rose 6% Yesterday, Company Announced Affirmed Networks Acquisition
Microsoft (MSFT) stock rose by over 6% yesterday after the company announced it had acquired Affirmed Networks to deliver new opportunities for a global 5G ecosystem. The FAANG stocks were on the winning side with a surge of 5% on average.Wall Street yesterday had many traders pocket some profits and also others cut some losses. This is after Microsoft Corporation (NASDAQ: MSFT) stock rose by over 6% in a day. The positive jump is being attributed to several fundamental factors that have...
Read More »Bitcoin Cash Analysis: Bulls Facing Strong Breakout Resistance
Bitcoin cash price is currently recovering above the $200 resistance zone against the US Dollar.The price is showing positive signs above the $210 and $215 levels.There is a key bullish trend line forming with support near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge higher if it clears the $240 and $244 resistance levels.Bitcoin cash price is trading in a positive zone above $200 against the US Dollar. BCH/USD is likely setting up for a...
Read More »Traders Revisit the Age-Old “Bitcoin or Gold” Question
The atmosphere surrounding cryptocurrencies such as bitcoin has gotten crazy following news of a $2 trillion stimulus package in the U.S. and the growing coronavirus pandemic. Many are revisiting the question of whether bitcoin qualifies as a “safe haven” asset and if it’s comparable to gold.Is Gold Still Better Than BTC?Matthew Dibb – the co-founder of Stack, which provides index funds and cryptocurrency trackers – commented on the overall situation:The trade tensions, political turmoil and...
Read More »Mike Novogratz: Bitcoin Needs to “Rally This Year”
Mike Novogratz – the head of bitcoin hedge fund Galaxy Digital – says that bitcoin “needs to rally this year.”Novogratz Is Still Confident in BTCAt the time of writing, economies around the world are suffering at the hands of an ongoing coronavirus pandemic that has stirred fear in the hearts of men. Many are wondering if things could recover in due time, while others remain bearish and claim that the $2 trillion stimulus package recently approved by the U.S. Senate won’t be enough to push...
Read More »Analysts: Stimulus Bill Will Make Bitcoin Very Popular
Now that a $2 trillion economic stimulus package is on the verge of being approved by the Senate, many analysts and crypto enthusiasts everywhere believe the demand for bitcoin is going to go through the roof, which means now may be the time to buy… Before things get too expensive.Bitcoin Is About to Get Very BigLarry Kudlow – the chief economic advisor to President Donald Trump – called the plan the largest assistance the United States has ever seen, and further claimed:This legislation is...
Read More »Moderna (MRNA) Stock Rises 3.61% Today, Coronavirus Vaccine Results Are Still Months Away
Moderna (MRNA) stock price has risen at the possibility of having a new coronavirus vaccine by the fall of this year. Trials are expected to have been completed in two months’ time.Moderna Inc (NASDAQ: MRNA) stock price has risen slightly today. The stock price is up to $28.11 +0.98 (3.61%) intraday. This rise in stock price is attributed to the expected positive results from the Moderna COVID-19 vaccine. The first results could be available in two months. Analysts believe that the trials...
Read More »Dow Futures Adds 800 Points Despite Jobless Claims Jumps Above 3 Million
U.S. stock market led by the Dow futures turned positive despite the negative data on jobless claims that shot to historic figures of more than 3 million. The number of jobless claims even surpassed the Great Recession peak of about 695,000.During the early trading hours on Thursday, the U.S. stock futures led by the Dow Jones showed signs of recovering, despite the initial release of jobless claims that recorded the worst in recent history. As a result of the ongoing coronavirus, layoffs...
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