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Tag Archives: News

U.S. Treasury Yields Edge Lower as Confirmed Coronavirus Cases in the Country Surpass 1,000

The U.S. Treasury yields increase volatility caused by coronavirus panic as the number of confirmed cases in the country is growing.The coronavirus outbreak in the United States has now reached a red alert level after surpassing 1,000 cases and over 30 deaths. As a result, it has affected the treasury yields which is the return on investment on the government’s debt obligation. However, the United States government debt prices rose on Wednesday, after investors had hoped on imminent fiscal...

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Cardano (ADA) Price Analysis: Upsides To Remain Capped Near $0.045

ADA price extended its decline below the $0.0450 and $0.0420 support levels against the US Dollar.The price traded as low as $0.0391 and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0470 on the 4-hours chart (data feed via Kraken).The price could correct higher in the short term, but it is likely to face sellers near $0.0460.Cardano price is following a downtrend below key supports against the US Dollar and bitcoin. ADA price could...

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March Madness 2020 Comes Early: Changelly’s Eric Benz on Coronavirus and Market Headwinds

The drastic plunge has raised questions about Bitcoin (and other cryptos) viability as a stable asset and correlation to traditional markets. Changelly CEO Eric Benz has shared his views on this issue.In a month that is usually remembered for the dramatics it delivers on the basketball court, thanks to the coronavirus and what seems to be a developing oil war, March madness has emerged in markets across the world. The U.S. and UK stock markets posted their worst losses for a single day since...

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Inovio (INO) Stock Fell 42% on Tuesday after Its 30% Drop on Monday

Citron Research warned investors that Ino stock would fall back to $2 and called for the Securities and Exchange Commission to investigate Inovio and suspend trading of its stock.Pharma company Inovio Pharmaceuticals Inc (NASDAQ: INO) had pretty volatile trading session yesterday. It started by growing 10.7% but in just a few minutes, the biotech quickly started to fall. INO stock finished its trading session with 42.01% in the red and with a price of $5.7.But, let’s start from the beginning....

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Market amid Coronavirus: When Investing in Times of Crisis, Think Long-Term

There is nothing so far to suggest that there will be a permanent impact on businesses, or that earnings will not eventually recover. But when you want to invest during the crisis, you need to think about long-term benefits.As coronavirus is spreading at an incredibly fast pace, people all over the world are watching eventual developments in the markets to find stocks for investing. However, it is important to stress that making an investment just because the markets are down and/or you are...

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Tesla (TSLA) Stock Rose 6.14%, Company Prepares to Expand its Building Capacity in China

While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.Tesla Inc (NASDAQ: TSLA) stock rose by 6.14% by Wednesday to trade at $644.81 while there were revealed the company’s plans to increase its production capacity in China. The stock market had been bleeding out due to the sharp decline in crude oil prices that hit the market caused by the ongoing coronavirus outbreak. Since Monday, Tesla (TSLA) stock nosedived after the release...

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Bitcoin Price Analysis: BTC Recovery Could Face Hurdles Near $8,400

Bitcoin price declined heavily and broke the $8,000 support against the US Dollar.The price traded as low as $7,636 and it is currently correcting higher.There are two key bearish trend lines forming with resistance near $8,840 and $9,200 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 $8,400.Bitcoin price is trading in a bearish zone below $8,400 against the US Dollar. BTC is likely to correct...

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Ethereum Issues Fat Brands Securities Via Blockchain

Last year, Live Bitcoin News reported that Fat Brands – a restaurant corporation that owns the popular burger chain Fatburger – was tokenizing a new bond offering with the help of the Ethereum blockchain.Fat Brands and Ethereum Make Digital Magic HappenNow, that offering is available in the form of $40 million worth of ETH-based securities. DBRS Morningstar, a company that rates investments, is passing its judgement on the new offering. The sentiment is positive as according to the company’s...

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Belgium Is Set to Sell Several BTC, BCH Units Through Wilsons Auctions

Belgium has decided to auction off several bitcoins it has in police storage.Belgium Is Set for a Bitcoin AuctionThis is a tactic that has been utilized time and time again and will likely continue so long as criminals seek to perform activities utilizing bitcoin. Several of these bitcoin auctions occurred years ago after the fiasco involving Ross Ulbricht, the alleged creator of the black-market website Silk Road. The U.S. Marshals service sold off several of the bitcoins held in Ulbricht’s...

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Future Looks Bright For BOSAGORA After Great End To 2019

Significant changes to BOSAGORA have been reached through hard work and application of theory, discovering what has worked so far and what has not.The future looks bright for BOSAGORA. Although Bitcoin and the wider cryptocurrency market was somewhat stagnant throughout 2019, BOSAGORA bucked the trend as BOA increased in value by 279% from August to year’s end. BOSAGORA now looks forward to 2020 following a period of steady project development and refinement.BOSAGORA is a decentralized,...

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