Tag Archives: Story of the Day

Bitcoin halving is one of the major reasons for volatility increase before May 2020. Miners increased their effors in mining Bitcoin. But during a coronavirus attack, it may be difficult to resist the temptation and sell coins to buy masks and disinfectors.After Bitcoin price reached $10,000 last week, it hasn’t been moving back and traders are wondering what happens next. Next Bitcoin halving and coronavirus fears force worldwide crypto communities to protect their family from both the...

At 7.30 p.m. EST, the U.S. stock market indexes were up, and futures started soaring. By the moment of writing, Dow futures have already gained around 400 points. Wednesday began with U.S. stock futures climbing in the early morning following Super Tuesday election results. Dow futures soared by 371 points at the open, S&P 500 futures climbed 1.4%, and Nasdaq futures were up 1.5%.Notably, yesterday, the stock futures market was in a downturn. It closed with the Dow Jones futures lower by...

Inovio plans to start a clinical trial of its coronavirus vaccine in the U.S. next month with the thought to expand to China and South Korea shortly thereafter.Inovio Pharmaceuticals Inc (NASDAQ: INO) is up over 18% in the premarket. Now its price is $8.80. But on Tuesday its results were even more impressive. INO stock gained practically 70%, reaching the level of $7.45. It happened after Inovio announced it has been speeding up the timeline for the development of a vaccine to treat the...

The market bounce at the beginning of the week was partly driven by expectations that the Federal Reserve would step in to mitigate the coronavirus impact by cutting the key interest rates.Stocks made quite of a ricochet yesterday after their worst week since the financial crisis back in 2008. The Dow Jones Industrial Average posted its best gain in more than 10 years mostly boosted by the expectation that the Fed will lower interest rates.Dow Jones Industrial Average jumped over 1,290 points...

Despite the massively weakening demand in the European market, the TSLA stock surged 11% on Monday beating down the bears. Reportedly Tesla is focusing on strengthening its position in the North American market.On Monday, March 2, the Tesla Inc (NASDAQ: TSLA) stock gained over 11% with its price moving close to $750 but Morgan Stanley still asks investors to be cautious. This recovery came amidst the broader markets showing marginal recovery on Monday. Although the COVID-19 cases have been on...

Bitcoin (BTC) price rebounds after central banks of several countries announced their support to markets and promised to provide the help needed to protect the global economy.Seems that after suffering losses, markets have started recovering. A prime example of this recovery is Bitcoin that reached 3.2% in daily gains on March 2. Still being down from earlier highs of $8,900, Bitcoin is trading at $8,797.68 at the moment of writing. Notably, Bitcoin price rebounds after the last week’s 14...

As major biotech companies try to create a proper coronavirus vaccine, the following stocks just might be strong enough to hedge against the current financial plunge.The coronavirus epidemic isn’t letting down as many people hope it would. Instead, the number of confirmed cases as well as the mortality rate, are on a steady rise. The number of countries affected by the virus is also increasing steadily with many more countries confirming new cases of infection. The situation is worrisome to...

After a massive bloodbath last week, the markets are showing signs of recovery as indexes turn positive. Dow Futures are surging. But China’s manufacturing Index for February has scored below market expectations.Last week, the rising cases of coronavirus globally pushed the traditional stock markets in a bloodbath. All indices – Dow Jones, S&P 500, and Nasdaq – corrected around 10%. This was the fastest correction witnessed by the market since the global economic recession of...

Stock market and Bitcoin volatility are bad but holding the fiat currency or average altcoin is even worse. Dow, S&;P 500 markets are falling during the fears that coronavirus stops supply chains. Where are investors putting their money power to avoid risk?The stock market had lost more than 3,6 trillion USD or the equivalent of 694 573 870 Bitcoin. The total mass of Bitcoins that can be in circulation is 21 million. We can say that the fair lost 33 Bitcoin markets. Each one has 16-21...

Equities on major United States stock markets closed the trading session on Friday mostly lower, ending the worst week since the 2008 financial crisis. The Dow Jones and S&P 500 each dropped 12% and 11% in a week.Wall Street went through a historic drop this week all “thanks” to fast-spreading coronavirus that worried investors and traders. Novel coronavirus (COVID-19) developments grabbed the investors’ focus as the World Trade Organization (WHO) updated the coronavirus global risk to...