Tag Archives: News

The White House has asked Congress for $1.3 trillion amid the coronavirus crisis. This sum includes $500 billion in direct payments to Americans, $50 billion in loans to the airline sector, and $150 billion to other “distressed sectors” of the economy.To survive in the coronavirus crisis, the U.S. White House has come up with the proposal to send Americans relief money. Donald Trump‘s administration is planning to make direct payments of $1,000 per adult and $500 per child as a part of a...

More than 245,000 people have now been confirmed with the coronavirus globally, of which at least 85,000 have recovered from COVID-19, while more than 10,000 have died. Bank of America has already stated that the recession is here.The number of people infected with the novel coronavirus surpassed 200,000 yesterday and it’s still rapidly growing. At 8:18 am CET so, around 12 hours after those numbers were announced, this number grew to already 245,997. Bank of America announced the beginning...

Bitcoin cash price is currently correcting higher from the $133 yearly low against the US Dollar.The price is up more than 20% and it is now trading above the $200 level.There was a break above a key bearish trend line with resistance near $195 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is now approaching a major resistance area near the $240 and $242 levels.Bitcoin cash price is showing a few positive signs above $200 against the US Dollar. However, BCH/USD...

Binance – the world’s biggest and most popular cryptocurrency trading platform – is bringing several new coins to investors including Tezos (XTZ). The asset will be available to all traders utilizing Binance.us.Binance Brings Tezos to U.S. TradersThe cryptocurrency exchange has also commented that trading pairs between XTZ/ USD and XTZ/ Binance USD (BUSD – the company’s stable currency) will also be available. Trading is slated to go live next Monday. Prior to that date, all customers of...

An African cryptocurrency exchange known has SAFCOIN has opened its doors for business, and the trading platform allegedly offers zero-fee trading to its customers.SAFCOIN Is Ready for African TradersSAFCOIN is reportedly one of the first exchanges to offer such a benefit. In addition, it provides users with what it calls an “easy and accessible” interface that should make trading as easy as one, two, three. The exchange has early and first-time traders in mind and is trying to make things as...

Avigan, also known as Favipiravir, is a Japanese flu drug developed by the healthcare arm of Fujifilm. 340 patients taking the drug found it reduces recovery time and improves their lung condition. Enthralled by COVID-19, the world is waiting for a hero who will find the coronavirus vaccine. And one of the most widely-discussed variants to treat coronavirus today is Favipiravir (or Avigan). Worldwide famous biotech companies such as Gilead Sciences Inc (NASDAQ: GILD), Inovio Pharmaceuticals...

Let’s have a closer look at Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA) stocks as the companies are working on possible coronavirus vaccine.In the race for a coronavirus vaccine, two horses battle for the lead, Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA). As a result, a lot of speculation on the booming of their stock prices has been in the mainstream media, since the outbreak of the deadly virus.Gilead Sciences is an American public biotech company...

Elon Musk has offered to manufacture ventilators if they become scarce. He said this while tweeting about a possible effective form of COVID-19 treatment.Elon Musk has offered to manufacture ventilators in the U.S. to help beat COVID-19. Sources say that the serial entrepreneur indicated this on a twitter thread. Musk it appears has had a change of heart about coronavirus. This comes after he allegedly called the emotional response about the situation “dumb”. The coronavirus panic is dumb—...

Bitcoin has been hammered hard over these past few days, though it has managed to remain a small bit of momentum during the last 48 hours. The world’s number one cryptocurrency by market cap has managed to retain a position at around $5,300.Bitcoin Gets a Surge Thanks to the White HouseThis is likely thanks to a new economic stimulus package that President Donald Trump is looking to infuse. The package could be worth as much as $1 trillion and involves deferred tax payments for both...

These days, the BTC is trying to correct after stressful sales. On Thursday, March 19th, the key cryptocurrency is trading at $5800, growing 11%.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin price tech analysisBinance will not let the BTC rate fall to zeroMore and more opinions are voiced about the potential of the BTC fallingThe decision of the Fed to decrease the rate supported the BTC but not for longOn W1, the Bitcoin is realizing our monthly expectations of its decline. The...