Tag Archives: News

The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.The Dow index, as well as top stocks, S&P 500 and Bitcoin price, have all started losing as coronavirus is conquering new territories. Even more, value vanishes since the virus reaches Italy: one of the world’s biggest travel and trading mecca. The COVID-19 also visits Iran, South Korea, Bahrain, Kuwait...

Unfortunately, the crypto industry is still widely associated with illegal activities, scams and frauds. Though the measures are taken, such projects as CryptoUnit still exist.The scandal erupted around the OneCoin project reached its peak in the fall of 2019. According to the top management of the project, OneCoin was a cryptography-based digital currency, an analog of bitcoin. However, a targeted review revealed that a fraudulent scheme underlined OneCoin. First of all, despite the numerous...

Coronavirus is actively affecting the stock markets and Apple (AAPL) stock is not an exception. Yesterday, the stock lost around 4.8%. In teh pre-market, AAPL has started to gain.Apple Inc. (NASDAQ: AAPL) stock was down 4.8% at yesterday’s closing. This is indicative of many things. Analysts reportedly have many opinions about this recent drop. Some believe that the Cupertino California giant’s China sales which have dipped are the main reason. Others believe that this may be the end of the...

As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.After a sustainable growth, Tesla Inc. (NASDAQ: TSLA) stock plunged more than 7% on Monday. Closing down 7.5%, the company’s shares ended the day at $833.79. Tesla stock is hit hard as a result of the sell-off driven by coronavirus fears. However, it’s worth mentioning that after hours the price is moving up. Now the TSLA price is around $854...

As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.On Monday, financial markets in the U.S. and across the globe plunged heavily on account of rising coronavirus cases outside China. The fall in the broader markets came after South Korea and Italy reported a sudden splurge in coronavirus cases on...

Tron price failed to stay above the $0.0215 support and declined against the US Dollar.TRX price is now trading well below $0.0210 and it remains at a risk of more losses.There is a key declining channel forming with resistance near $0.0208 on the 4-hours chart (data feed via Bitfinex).The price could either rally above $0.0208 or decline sharply below $0.0192 in the near term.TRON price is facing an increase in selling pressure against the US Dollar, similar to bitcoin. TRX price must stay...

Ethereum price struggled to clear the $280 resistance and declined recently against the US Dollar.ETH price is declining and it is now trading below the $270 support area.There was a break below a major contracting triangle with support near $265 on the 4-hours chart (data feed from Coinbase).The price is likely to continue lower towards the $243 support level in the near term.Ethereum price is showing a few bearish signs below the $270 support against the US Dollar. ETH/USD could slide in...

The impact of the coronavirus spread outside China is giving jitters to the entire financial markets as the average rate on the 30-year fixed mortgage has hit a low of 3.34% on Monday.The situation in the global markets continues to exacerbate with the rising fears of the coronavirus spread. On Monday morning, Dow Jones futures and global markets plunged heavily after a sudden jump in the number of coronavirus infected cases in South Korean and Italy.The financial markets continue to take a...

During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.The TRON founder and CEO Justin Sun is one of the most media-savvy personalities in the crypto industry. In his recent interview with CNN’s Julia Chatterley, Sun spoke about the future of the crypto markets. Justin Sun has...

There’s a new cryptocurrency scam a-brewing, and this time, it targets specific YouTube accounts.YouTube Is Spreading the Work of Crypto HackersThe scam takes on the form of phishing, which means hackers gain personal information from users to access their accounts and other private data. The scam targets YouTube account holders with fake brand deals, and it’s been active for the past two months. Companies like Brick Bros Productions have already reported that their accounts are no longer...