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Tag Archives: News

Disney (DIS) Stock Is Down 3% while Bob Iger to Step Down as Disney CEO

It has become known that Bob Iger is leaving his position of the Disney CEO, the DIS stock has reacted negatively to the announcement and is falling in the pre-market.Walt Disney Co (NYSE: DIS) CEO is stepping down. Sources indicate that Bob Iger has resigned from the top role in the entertainment giant yesterday. The announcement was made after trading hours. Disney (DIS) stock went into a dive after the announcement about the CEO. Bob has reportedly decided to step down to take up creative...

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Bitcoin Price Plummets to $9,100 as Coronavirus Takes a Toll On It

Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100. That marked the second day of losses as global equities markets steeply corrected on the fears of the coronavirus spreading to more countries. As the price plunged violently, traders in...

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Tesla (TSLA) Stock Dropped by Over $100 in Two Days amid Coronavirus Fears

Tesla (TSLA) shares are now trading at $782.42. The stock has gained 171% in the past 12 months, and the current downfall is quite painful for the company.Amid the spreading coronavirus fears, the situation on the market is worsening, with tech giants’ shares tanking. Even Tesla Inc (NASDAQ: TSLA) stock dropped greatly. The carmaker’s shares plunged by more than $100 in just two days. As we have recently reported, Tesla (TSLA) stock plunged more than 7% on Monday, closing down 7.5% at...

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Cardano (ADA) Price Analysis: Bears In Control Below $0.055

ADA price started a nasty decline after it broke the $0.0600 support against the US Dollar.The price even traded below the $0.0550 support level to enter a bearish zone.There is a major bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The price remains at a risk of more losses below the $0.0520 and $0.0500 levels in the near term.Cardano price is down more than 5% and trading in a bearish zone against the US Dollar, similar to bitcoin. ADA...

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Bitcoin Is Reaching for Stars This Year, Crypto Sports Betting Market Follows Suit

Today, more than 60% of global transactions involving Bitcoin have a connection with the gambling industry. One of the main factors that can be used to explain this popularity is the anonymity that crypto offers to the network participants.In a business running on estimation and predictions, observation and critical analysis of trends – of past, present, and future – play the central role. All the profits and losses incurred by its participants depend entirely on this object of detail and...

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Bitcoin Price Analysis: BTC Starts Fresh Decline Below Key Supports

Bitcoin price topped near the $10,030 level and declined heavily against the US Dollar.The price is now trading with a bearish bias and it is well below the $9,400 level.There is a key bearish trend line forming with resistance near $9,780 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue lower if it breaks the $9,100 and $9,080 support levels.Bitcoin price is showing signs of bearish continuation below $9,400 against the US Dollar. BTC is...

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Brazil Crypto Tax Regulations Cause Trading Platforms to Leave the Industry

It looks like Brazil’s hardcore tax laws are starting to hurt its crypto industry. Two digital exchanges in Brazil – Acesso and Latoex – have shut their doors permanently, claiming they cannot adhere to the country’s new tax laws which they cite as extremely strict and rigid.Crypto Companies in Brazil Are Facing the HeatBoth trading platforms say they are facing heavy fines. In addition, the tax laws have caused a lot of people to exit the space altogether, and thus both companies are facing...

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Facebook Is Being Sued (Again) Over Phony BTC Promotions

A billionaire in Qatar named Wissam Al Mana is filing a lawsuit against social media giant Facebook after crypto-based advertisements on its platform used his picture to promote their products.Facebook Heads to Court… AgainAl Mana has filed his suit in a Dublin court, where the European headquarters of Facebook is located. He alleges that Facebook did nothing to prevent the use of his image in phony crypto advertisements. He also says he never gave his permission for his likeness to be...

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Tandem Diabetes (TNDM) Stock Goes Down after Company Posts Its Q4 2019 Earnings

Tandem Diabetes Care Inc reported its financial year results and Q4 earnings. Although the company reported profits, TNDM stock went down as the sales continued to slag.Tandem Diabetes Care Inc (NASDAQ: TNDM) unexpectedly posted profits in the fourth quarter on Monday. After that, the stocks took a downtrend direction and dipped below to trade at 78.30 at the time of writing. It means that TNDM is around 10% today. In the framework of its Q4 report, Tandem Diabetes also announced the 2019...

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Reginald Fowler of Crypto Capital Charged After Questionable Wire Transfer

Reginald Fowler, a businessman situated in Arizona, was charged with wire fraud on Friday following a long list of other charges that have accumulated over the past month.Fowler Has Another Charge Added to His RecordFowler was once a stake owner in the Minnesota Vikings, but he’s also a potential operator of Crypto Capital, a payment processing venture that seeks to govern digital currency transactions. This new charge alleges that he garnered money through “false and fraudulent pretenses”...

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