The number of coronavirus cases has reached a new sad record of 200,000. The markets react negatively. Dow Jones is falling.COVID-19 cases surpassed 200,000 worldwide on Wednesday as the coronavirus continues to spread outside of China where the original thing started. Dow Jones continues to lose its points.At the time of writing, Dow is 1,764 points down.The total number of cases now stands at 206,664 as of 3:35 pm CET on Wednesday, according to data compiled by John Hopkins University. The...
Read More »Is Bitcoin About to Spike All Over Again?
Bitcoin has been down in the dumps as of late, but some analysts believe that the world’s number one cryptocurrency by market cap could surge by as much as $2,000 in the coming weeks. Is there any truth to their notions?Is a Bitcoin Spike Heading Our Way?Just last month, bitcoin had attained a new high for the year 2020 and was trading for about $10,350. This was miles above where it began the year (a measly $6,900), though that number is starting to look rather good by comparison to where...
Read More »Uber Stock Loses Over 14% Today After Canceling Car Pools
Uber stock is falling after the firm confirmed that it was suspending carpool services as a result of COVID-19 despite a rally in the tech stocks.On March 17, the shares of Uber Technologies Inc (NYSE: UBER) closed lower 6.8% to $18.91 per share. But, as the coronavirus hit the global markets, other tech stocks rebounded. In the case of Uber, the shares dropped after the firm confirmed that it was suspending carpool services as a result of COVID-19. Today the fall continues and Uber stock is...
Read More »U.S. Government Sends Checks to Households and Here’s How to Use This Opportunity Wisely
The value of checks that the U.S. government is sending to help people amid the coronavirus outbreak may reach $1,000 or even more.The U.S. Government is sending checks to households. This is reportedly to combat the effects of the economic malaise in the economy due to COVID-19. Sources say that the Secretary of the Treasury Steven Mnuchin indicated this yesterday at a white house conference.He reportedly said that the funds would reach households across America immediately.The amount that...
Read More »Winklevoss Twins Launch Marketplace for Blockchain Digital Art
Winklevoss twins, founders of the Gemini exchange, have launched a marketplace for blockchain digital art Nifty Gateway Marketplace. The twins are known to be among the earliest investors in Bitcoin.After making millions through early investment in Bitcoin, the Winklevoss twins, Tyler and Cameron, have now gone a mile further by launching a marketplace for blockchain digital art the Nifty Gateway Marketplace. The platform allows users to buy, sell and also store their digital art collections...
Read More »Fox Involves in Streaming Business via $440 Million Tubi Aquisition
The streaming service with top Hollywood shows and films Tubi is now under the wings of Fox, a broadcast and news company. They inked a partnership worth $440 million, paid by Fox for full share control.Fox still holds Murdoch Family’s media assets, television and cable sports channels after selling the 21st Century Fox to Disney. Tubi Ltd (ASX: 2BE) is one of the free ad-supported services of film streaming. Recently, they have offered their young audience to Fox Corporation (NASDAQ: FOX)....
Read More »Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion Injection
Bitcoin price recovery from last week’s catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package.Nowadays we can read all about Bitcoin being “safe haven” in cases of emergencies, wars, unstable currencies, etc.However, nobody thought that an epidemic can become a “black swan” in such short notice. We had a big financial crisis back in 2008...
Read More »Amazon (AMZN) Stock Rose 7% Yesterday, But Down More than 4% in Premarket
Yesterday, Amazon (AMZN) stock rose, rebounding 7.03% and closing at $1807.84. However, the positive movement did not last long, and in the premarket today, Amazon stock was down again. It was trading at $1,725.00, $82.84 (or 4.58%) lower.While big companies are closing their offices all over the world, Amazon.com Inc (NASDAQ: AMZN) is recruiting people. Notably, the hiring process has become a necessity due to coronavirus. As people are now afraid of going outside, the number of orders for...
Read More »Bitcoin Halving Is Coming in 55 Days, Will Peter Brandt Take His Words about BTC Price Back?
Peter Brandt, Bitcoin Halving and Coronavirus: is a famous trader and Bitcoin bear right about price fall? No matter what, he wants to convince you that Bitcoin is set to collapse. Recently, he said that Bitcoin can dive under $1,000, and here are some of his new thoughts.Peter Brandt broke forth into a series of hot Twitter posts, claiming that the Bitcoin halving, coming in 55 days, is irrelevant. He claims that the real Bitcoin‘s supply is its daily trading volume. So, the reduction of the...
Read More »Forget FANG, FAANG or MAGA: DAWN Is New Kid in Coronavirus-Fueled Panic Town
DAWN is the new Wall Street’s stock acronym that stands for Domino’s Pizza, Activision, Walmart, and Netflix. These stocks, as well as tech shares, are now worth investing in.Now the market is surrounded by coronavirus concerns. These fears are in the first place reflected in stocks that continue sliding. As a result of the downward movement, investors wonder which shares to buy to stay in the black and boost their fortune under the conditions given. And the answer is simple: DAWN.Obviously,...
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