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Tag Archives: News

Revolut Junior Is New Money Management Product Launched for Children

Revolut has introduced a new money management product for children. It is called “Revolut Junior” and is aimed at children aged 7-17 years.Revolut has been one of the new fintech apps taking the world by storm from the very beginning of its existence. Its unique offerings have wowed everyone. It came as no surprise to members of the fintech community when they announced a new children’s product. The “Money-Management” app named Revolut Junior aims to target younger children. The target range...

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Dow Jones Bounced 1000 Points Yesterday as Trump Announced $1 Trillion Fiscal Stimulus

The fiscal stimulus package came amid the constantly dropping markets over the rise in the coronavirus spread. The Trump government announced direct payments and tax reliefs to individuals and small businesses. Dow Jones moved up on this news.The coronavirus outbreak has taken the entire global economy on a toss. Businesses across the world are facing the heat of this slowdown as the situation goes from bad to worse. The Dow Jones Industrial Average has been tossing like a crazy ball on the...

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Dow Futures Lose 800 Points Hitting ‘Limit Down’, Market Rebounded on $1T Stimulus Hopes

Dow Futures lost another 800 points. Futures contracts for the indices were in “limit down” territory, a situation where trading is halted after they have hit a 5% loss and can go no lower.Trading of futures contracts has seen extreme volatility overnight, and some traders even thought of the possibility that computer trading has distorted trading moves in the market’s collapse deriving from the coronavirus outbreak. Futures on the Dow Jones Industrial Average fell 821 points, indicating a...

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Cardano (ADA) Price Analysis: Recovery Approaching Key Resistance

ADA price is currently recovering from the $0.0184 yearly low against the US Dollar.The price is trading above the $0.0200 and $0.0240 resistance levels.There was a break above a key bearish trend line with resistance near $0.0255 on the 4-hours chart (data feed via Kraken).The price could correct further higher in the short term, but it is likely to face hurdles near $0.0300.Cardano price is currently staging a decent upside correction against the US Dollar and bitcoin. However, ADA price is...

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Tesla (TSLA) Stock Slips Below $450 amid Marketwide Crash, Fundamentals Remain Strong

While Tesla (TSLA) stock has crashed over 50% over the last month, its fundamentals currently remain solid. Tesla is facing a massive blow on its manufacturing facilities due to the coronavirus outbreak.The COVID 2019 outbreak has taken a huge toll on the global markets and Wall Street’s once best performer Tesla Inc (NASDAQ: TSLA) took a severe beating. Just over the last week, the Tesla (TSLA) stock has crashed nearly 30% showing extreme volatility.Tesla (TSLA) Stock TodayDespite Dow Jones...

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Bitcoin Price Analysis: BTC Trading Below Crucial Downtrend Resistance

Bitcoin price is currently correcting losses from the $3,860 low against the US Dollar.It is trading in a range above the $4,440 support and below the $5,965 resistance.There is a key bearish trend line forming with resistance near $5,520 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a lot of hurdles near $5,965 and $6,000.Bitcoin price is showing a few recovery signs above $5,000 against the US Dollar. However, BTC...

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Coinbase to Start Batching BTC Transactions; Should Lower Fees and Traffic

Coinbase – one of the largest and most popular cryptocurrency exchanges in the United States – says it will start grouping bitcoin transactions together, rather than processing them separately.Coinbase Has Decided to Start BatchingThe process – known as “batching” – is designed to prevent high levels of traffic on the blockchain and keep transaction speeds reasonable. The process is also made to ensure users’ transaction fees remain low.In a blog post, the trading platform...

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Crypto-Based Lolli Struggles to Keep Up with Demand

Many people are looking to stock up on supplies like canned goods, toilet paper and water while the coronavirus continues to spread panic and fear across the globe, but with so many people unable to leave their homes, the idea of purchasing from online retailers like Lolli is becoming much more appealing.Lolli Is Helping Those Buying Out of PanicLolli is a marketplace that accepts digital currencies as payment for goods and services. The company – along with many others that process crypto...

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Remember These Names: Moderna, BioNTech, CureVac and Keep an Eye on Their Vaccine Progress

Initiating human trials is only one step in the long process of proving the safety and efficacy of a new therapeutic. Still, the timeframes to beginning testing for Moderna, BioNTech and CureVac are faster than typical for traditional vaccines.We already wrote how almost all pharmaceutical firms throughout the whole world are doing everything to develop a vaccine that would help to stop the coronavirus spread. No matter if they’re big or small, the goal is the same and it is no more just a...

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TransferWise Enters Partnership with Alipay for International Money Transfers

Thanks to teh partnership between TransferWise and Alipay, 7 million-plus users of TransferWise will be able to send Chinese yuan from 17 currencies to users of Alipay.TransferWise has entered a new partnership with Alipay. Sources say that the remittance company will be able to send money to Alipay users. This expands TransferWise’s offerings to its current user base of about 7 million people. Alipay has one of the widest payment networks in the world covering about 1.2 billion people. Many...

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