Cryptocurrencies continue correcting without making any significant movements.
Cryptocurrency asset trading and custodian BitGo is expanding its offering for institutional traders with the news BitGo Prime platform.
Today there is a huge number of cryptocurrency exchanges that are competing for winning attention. Here are our picks for the three of them to keep an eye out for.
Merck (MRK) stock price is up. This comes as the pharmaceutical giant is making some new moves towards winning the COVID-19 vaccine race. Merck announced its decision to buy Austrian vaccine maker Themis Bioscience.
Amazon is in talks to buy self-driving car tech company Zoox. However, it is said that Amazon is not the only potential buyer. Meanwhile, AMZN stock is slightly down.
Through a series of tweets Ripple CEO, Brad Garlinghouse, urged the U.S. regulators to swiftly step up and lean into digital currencies to keep the dollar market dominance high, citing the Chinese quest to develop its central bank-backed digital currency.
Google is set to resume office activities starting on July 6 in a phased reopening which will see offices at only 10% capacity with plans to achieve 30% capacity by September 2020. GOOGL stock is up.
The Spanish government will approve a basic income program which will provide a guaranteed income for poorer Spaniards. The scheme’s introduction has been accelerated by the coronavirus pandemic.
Investors are bullish, but this enthusiasm can not help cruise stocks to recover to their former levels immediately. It is possible that it will take years for them to fully recover, even if the companies can sail promptly later this summer.
SpaceX announced that it had raised $346.2 million in its recent funding round, bringing the total raised since January 2019 to $1.7 billion. Today is the day Elon Musk’s SpaceX will launch its next level of human space exploration.
Laszlo Hanyecz mined around 100,000 BTC in total, and about half of it went to pizza. If we use the historical maximum price of $20,000, then 50,000 BTC comes out to $1 billion.
Moderna (MRNA) stock price fell yesterday. This happened as both Merck and Novavax are set to go into COVID-19 vaccine trials.
Tencent, one of China’s tech giants has allocated $70 billion to help the digital infrastructure growth of China as Beijing intensifies effort to digitize the economy.
Novavax, a biotechnology company developing next-generation vaccines for serious infectious diseases, announced enrollment of the first participants in a Phase 1/2 clinical trial of its coronavirus vaccine candidate. NVAX stock is up.
Speaking of JPMorgan’s position, Dimon said the bank is “very valuable” at the current price. Despite its losses, revenues from JPMorgan’s trading division are still strong. Following his statement, JPM stock went up.