
Ripple’s XRP Underperformance in 2020 Is Highly Likely, Says Mike Novogratz
While some experts are rather bullish about the performance of Ripple’s XRP in 2020, Mike Novogratz believes that the coin will underperform again this year.
While some experts are rather bullish about the performance of Ripple’s XRP in 2020, Mike Novogratz believes that the coin will underperform again this year.
Visa has announced some updates for merchants. Transactions on e-commerce sites will have higher rates, while retailers in certain services categories, such as real estate and education, will see fees decline.
Just recently BitMEX has launched XRPUSD swaps. At the very beginning Ripple’s XRP price hasn’t reacted, staying stable. However, now XRP seems to be climbing up.
Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.
Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.
Millions of investors on TradingView can now buy Bitcoin, Ethereum, Bitcoin Cash and Litecoin through Gemini partnership.
Ripple has entered in a new partnership. Together with International Money Express, Inc. (Intermex) it will ensure faster cross-border payments between the U.S. and Mexico.
Ripple’s XRP has surprised the market and the investors as its price jumped 10% due to a sudden surge in trading volumes. With today’s move, the XRP price has gained 35% year-to-date.
Disney has revealed the first earnings report since the launch of its new streaming service Disney+. Disney CEO Bob Iger said the service has exceeded their greatest expectations. DIS stock price has increased.
Continuing its ascent, Tesla (TSLA) leaped more than 20% on Tuesday to over $940 and is up 45% over the first two days of trading this week.
BTC price has increased significantly over the last days. The current Bitcoin pump is expected to continue as fear and uncertainty are increasing while the number of confirmed coronavirus cases is growing.
Tesla plans to release its personal ride-sharing app earlier than attaining complete autonomy and drivers will be coated under the automaker’s insurance coverage.
UK-based oil and gas company BP is experiencing not the best times at the moment as well as the industry in general. The net profit in 2019 was 21% lower than in 2018.
Oil stocks are suffering from the heavy weight of the current coronavirus outbreak and are crashing continuously. For now, there seems to be no hope.
Global carmakers from VW to General Motors Co. are pouring billions into electric vehicles, trying to repeat Tesla’s success on the market. Experts believe that TSLA stock could reach $15,000 in 4 years.