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Tag Archives: News

Bitcoin Adds $400 to Its Price; Could Be a Safe Haven After All

Recently, Live Bitcoin News suggested that the bitcoin price was potentially on the verge of fixing itself. At the time of writing, the world’s number one cryptocurrency by market cap is trading for just under $8,900, meaning it’s added another $400 (roughly) in the past 24 hours.Bitcoin Is Again Smashing Its CompetitionIt appears that the fears surrounding the coronavirus and some of the global problems that have haunted our present financial markets are beginning to cease. The Dow Jones has...

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Virgin Galactic (SPCE) Stock Is Almost 2% Up, Company Plans to Expand beyond Space Tourism

Virgin Galactic is looking beyond space tourism to completely change the face of transportation entirely. The price of SPCE stock is growing.The possibility of space tourism is a very exciting one for the average person. The idea that anyone that can afford it can go into space on a leisure trip, points to the growth of technology while also making space more accessible. Virgin Galactic Holdings Inc (NYSE: SPCE) is the foremost company in this regard and has already seen an amazing demand for...

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Coronavirus Could Be a Positive Game-Changer for These 5 Stocks

While many stocks are taking a big hit because of the coronavirus, the following 5 are some that are set up to benefit from the outbreak. Let’s have a look at them.The coronavirus outbreak is still driving a deep wedge into the world’s financial markets and stocks. As the situation continues to worsen, some of the world’s biggest companies are shedding significant weight in stocks as a result of the market disruptions from the coronavirus. In addition to that, the world’s richest people are...

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Microsoft (MSFT) Stock Rose 6.65% on Monday, No Coronavirus Worries

Without a doubt, investors should brace themselves for more declines in Microsoft (MSFT) stock as the coronavirus rages on. But for investors with a longer-term view holding on to this software giant should prove to be a smart move.Stocks on Wall Street traded higher in the premarket on Tuesday following a report that a drug made by American company Gilead Sciences will soon start trials on patients infected with the coronavirus. Last night, the Dow Jones recorded its largest daily point...

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Tim Draper Wants Bitcoin to Become the National Currency of the United States

Tim Draper wants the U.S. to become a Bitcoin nation with free 5G, no borders for honest workers and Universal Minimum Income set in cryptocurrency. However, he is not going to participate in next elections.Tim Draper is a famous venture capitalist and cryptocurrency market whale. He was constantly buying large portions of Bitcoin since 2014, claiming that the future will not be centralized. Now, he claims that the United States deserves significant monetary changes.Back in the days the U.S....

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Ethereum Price Bounces Back to $230 while Fundamental Metrics Continue to Increase

Ethereum price goes up as bulls seem like waiting for major bullish action. The developers are teasing the community with ‘big code update’ and prepare several possible upgrades, both controversial and useful.Since the lows of Q4 2019, Ehtereum price and network has gained significant steam. The hash rate, transactions per day, and the number of active addresses all rising. The network currently consists of around 7,100 public nodes. During the last 24 hours, ETH shows $3,71 billion of the...

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G-7 to Coordinate Their Efforts in Fighting Coronavirus, Mnuchin and Powell to Lead a Call

Led by U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, a G-7 call will be devoted to the discussions of the coronavirus outbreak and its economic impact.Financial ministers and central bankers from all over the world are planning to hold a conference call on Tuesday in order to coordinate their financial and economic responses regarding the spreading coronavirus. The teleconference call will be led by Treasury Secretary Steven Mnuchin and Federal Reserve...

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Robinhood Was Offline for Entire Trading Day, Dow Jones Made Its Biggest Point Gain Ever

Robinhood online brokerage app crumbled on March 2 when the Dow Jones gained its most single-day points, leaving investors frustrated unable to take advantage of the market recovery.After the stock markets imploded last week due to the fears of the coronavirus spread, traders were ready on March 2 to cut some of those losses. However, that was not meant to be for all Robinhood investors. Robinhood, the brokerage platform, suffered a prolonged outage and was offline for a whole U.S. trading...

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Ripple Inks New Partnership with UAE Bank for Cross-Border Payments via RippleNet

The UAE-based National Bank of Fujairah PJSC (NBF) said that it will use the RippleNet platform for facilitating instant payment and settlement solutions to its customers. The NBF bank has also partnered with India’s IndusInd Bank to use this facility for its Indian customers.In the latest development, blockchain startup Ripple has inked a new partnership with the UAE-based National Bank of Fujairah PJSC (NBF). The announcement reads that the partnership aims to use Ripple’s RippleNet...

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Apple (AAPL) Stock Rises Unbelievable 9%, Best Day in More Than 11 Years

Apple played a significant role in Monday’s historic rally. Shares of the iPhone maker soared 9.3%. It was the AAPL stock’s largest one-day move in more than 11 years.Apple Inc (NASDAQ: AAPL) rose more than 9% on Monday which was the best day for it in 11 years. The company announced it will pay up approximately $500 million to settle lawsuit among American customers who said the company is intentionally slowing down older iPhone models. It closed on the aftermarket at the price of...

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