Credit Suisse has ended 2019 with figures in earnings that seems to leave all of its woes in the past, with optimism for 2020. CSGN stock is up though the CEO is leaving the company.Credit Suisse has impressed analysts with interesting figures in its recent earnings report. The Swiss financial services company which had a pretty tumultuous year ìn 2019 seems to have risen above its problems. The recent earnings report surpassed market expectations significantly and is keeping the public quite...
Read More »How Suterusu is Bringing ZCash Privacy to Any Blockchain
Suterusu, a privacy-preserving blockchain protocol and private sidechain launchpad, has just partnered with IOST – a platform designed to power the Internet of Services.Through the introduction of a new type of zero-knowledge proof (ZKP) known as zk-ConSNARK, Suterusu hopes to imbue technically disparate blockchains with privacy-preserving features and a heap of new applications.IOST x SuterusuAs we previously touched on, Suterusu utilizes a new type of zero-knowledge proof, known as...
Read More »Ripple’s XRP Price Crosses $0.33 Barrier Gaining 10%, XRP Rally Seems to Be Here
After a brutal -50% performance in 2019, XRP price has bounced back to start off the new year. Since the $0.17 bottom established in December 2019, the price of the third-largest cryptocurrency has rallied by 75% to over $0.30.XRP price has shockingly jumped yesterday for more than 11.13%, and the value has been placed at $0.3143. At the time of writing, it was up by 10% to $0.33.It seems that rising of Ripple‘s XRP could go on for a while, at least considering some medium-term.Yesterday XRP...
Read More »Facebook Stock Is Showing Signs of Recovering Against All Odds
Despite the fact that Facebook has faced numerous challenges tackling sensitive ads in the political election period, yesterday FB stock started to rise and showed some signs of recovering.Facebook (FB) stock price showed signs of recovering from the falling trend that had started forming before the market closed yesterday. The stock started reversing after hitting $207 where it is currently trading at $210.76 per share at the time of news reporting. The volatility on the Facebook stock is...
Read More »Airbus Stock Is 1% Down while the Company Plans to Prop Up Jetliner Deliveries in 2020
In 2020, Airbus aims to deliver about 880 jetliners, up from 863 in 2019, which was already a record. However, now Airbus (AIR) stock is in red, trading around 1% lower than yesterday.Airbus SE announced its plans to prop up jetliner deliveries to an all-time high in 2020. What actually happens is that it will utilize the situation it came under after the resolution that its rival’s Boeing Co. 737 Max remains grounded. From Boeing, they said they had zero new orders for its aircraft in...
Read More »Grayscale Investors Buy Ethereum at Insane 300% Premium
Ethereum has managed to get a sizable price boost as JPMorgan and Grayscale reportedly make huge business with the cryptocurrency. But it has become known that Grayscale investors buy Ethereum coins at more than 300% premium.Recently, the Ethereum price gained another 12% in value, reaching the $275 level. The bulls are ruling the market, we can expect the price to rise to $292 or $300 per Aayush Jindal. Kraken charts show that Ethereum has an hourly support level at $268. The major...
Read More »Dow Futures Take a Dive as Registered Coronavirus Cases Jump above 60,000
Dow Futures tanked in as the health officials from China’s Hubei city have arrived with a new “clinical diagnosis” methodology which has suddenly shot the tally of a total number of infected cases above 60,000.On Wednesday, February 12, China reported an additional 14,840 cases of coronavirus in its Hubei province. As the Hubei health officials tweaked their methods of diagnosing the virus, the total number of registered coronavirus cases shot above 60,000. This has sent its ripples across...
Read More »Coronavirus Confirmed Cases Surge by 15,000 Crashing Asian Markets
The coronavirus outbreak seems to be getting worse instead of getting better and the Asian markets have crashed in response to a 45% surge in confirmed cases.For a few days now, the general atmosphere about the state of the coronavirus outbreak in China has been somewhat optimistic. This is because it was generally thought that the epidemic was slowly starting to resolve and might soon peak. However, a new development shows that the coronavirus epidemic is a lot worse and markets are tumbling...
Read More »Reuters and Facebook Launch Fact-Checking to Deal with Misinformation amid U.S. Elections
Within the initiative of fact-checking, Reuters will check English and Spanish language content on Facebook and Instagram and publish the results on the Reuters blog.The world’s largest news agency Reuters and Facebook have launched fact-checking service. The initiative aims at verifying the authenticity of user-generated photos, videos, headlines and identifying misinformation on Facebook and Instagram.Notably, for the initiative, Reuters has partnered with Facebook’s Third-Party...
Read More »Coinbase Pro Crypto Exchange Launches Margin Trading to Its Selected Users
Coinbase Pro will first offer margin trading with 3x leverage to retail traders from twenty-three states of the United States.Cryptocurrency exchange Coinbase has announced that it will now offer margin trading to its Coinbase Pro interface selected users from today. According to the company, both retail and institutional traders will be able to submit orders with a margin of up to 3x leverage. However, the margin will only be available on crypto pairs with the U.S. dollar as the base...
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