Bernie Sanders has seized his wins in Iowa and New Hampshire in the presidential race indicating a strong start to the national elections ahead this year. However, the markets have preferred to neglect his wins and continue to be on the rising momentum ahead. Dow Futures are moving up.The Dow Futures have rallied to a new high 29, 270 despite Bernie Sanders winning the Democratic Primary from the New Hampshire. The Dow Futures broke 45 points northwards soon as the news broke out despite the...
Read More »Bitcoin Price Hits $10,320 as Fed Chairman Confirms Crypto Is a Threat to U.S. Dollar
Bitcoin price and the overall crypto market reacted positively after Fed Chairman Jerome Powell recently stressed on the importance of private crypto-based transactions. He said that the Fed is working on a number of projects for digital currencies.Bitcoin price surged over 5% on Tuesday, February 11, pushing it to a five-month high above $10,300 levels. With this move, BTC has surged nearly 50% since the beginning of 2020. At press time, BTC is trading 5.6% up for a price of $10, 304 with a...
Read More »Samsung Publicly Shows Its New Galaxy S20 Phones Family: 5G, 108 MP, 100x Zoom
During the Samsung Unpacked event at San Francisco, people were able to see the new Galaxy S20 family: Samsung Galaxy S20, Galaxy S20+ and Galaxy S20 Ultra.Samsung has just rolled out its new smartphone family. As we have announced earlier, it was an important day for Samsung fans. Just a couple of hours ago the world had an opportunity to ee three new Samsung Galaxy S20 smartphones during the presentation in Munich. Those are S20, S20+, and the ultra-hardcore monster – S20 Ultra smartphones....
Read More »Google Cloud Picks Hedera as a Partner in Revolution of DLT Tech
Google Cloud has become a new partner of Hedera Hashgraph. Now they will cooperate to give a significant bump to the Distributed Ledger Technology (DLT).As it is known from the recent reports, Hedera Hashgraph is actively working on Distributed Ledger to boost the finance industry. Now it has chosen Google Cloud as its new reliable partner to move forward in this direction. The digital economy evolves as the developers from DLT camp present new challenges and answers to the public. DLT is...
Read More »Tesla Stock Surges 9% on Reports of Resuming Shanghai Factory Production
Tesla(TSLA) stock has been witnessing wild trading over the last days as the company announces its decision to resume the production at its Shanghai gigafactory after the delay due to the coronavirus outbreak.Tesla (TSLA) stock has been on the radar of the investors after its massive price surge this year. So far, since the beginning of 2020, the Tesla stock has surged over 90% taking the company valuations close to $150 billion.After an unprecedented surge to $965 levels last week, the stock...
Read More »Bitcoin, Gold and Dollars Look Safe for Investors as Coronavirus Deaths in China Top 1,000
The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...
Read More »Coronavirus Insurance Payouts Can Be Processed on Blockchain, Virus Disrupts Crypto Events
As the world is joining efforts to help with coronavirus treatment and spread, the blockchain technology is now being employed for related insurance payments.Blockchain technology is now seeing some new applications because of the deadly coronavirus. According to a recent report from the South China Morning Post, a mutual aid service known as Xiang Hu Bao has now started using blockchain technology to process insurance claims related to the coronavirus from its many customers.Blockchain Used...
Read More »Coronavirus is the Biggest Market Threat Right Now as China Death Toll Tops 900
One of the Wall Street bulls Edward Yardeni believes that there is currently no bigger threat to the financial market right now than the coronavirus outbreak. The number of death cases is growing.The world already has more than enough evidence that the coronavirus is a big enough market threat. In the very recent past, we have seen the unpleasant effects of the coronavirus on the world’s financial markets. Oil prices also took a beating, as well as several businesses. Even though investors...
Read More »Bitcoin Price Drops Below $10,000 after Yesterday’s High of $10,200
Bitcoin (BTC) price has slipped below $10,000 in the early Asian trading hours to trade above last week’s resistance zone after reaching $10,200 over the weekend. Bitcoin price has dropped below the long-awaited $10,000 price tag after hitting $10, 200 yesterday. Checking the BTC derivative chart, the market opened with a huge gap as a result of the high trade volume over the weekend. Using technical analysis, whenever there is a market gap in the derivative market chart, it is bound to be...
Read More »Bitcoin Price Hits 10,000 Level, Overall Market in Green Zone
Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...
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