Day: July 13, 2020

Pfizer (PFE), BioNTech (BNTX) Stocks Surge, Coronavirus Vaccine Candidates Get ‘Fast Track’

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Pfizer and BioNTech stocks have jumped in response to receiving ‘Fast Track’ status on their coronavirus vaccine candidates. PFE and BNTX prices are rising. Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) stocks surged after the Food and Drug Administration (FDA) gave the companies’ joint coronavirus vaccine candidates a Fast Track designation. The companies are making headway in the race to develop a vaccine to combat the global health crisis. As a result, Pfizer stock increased by 2.3% while BioNTech jumped 5.3% in pre-market trading on Monday. Presently trading…

Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High

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An index of 50 low-capitalization cryptocurrencies, the so-called Shitcoin Index, is up 114% so far this year. Launched in 2019 by FTX, the index was trading at an all-time high of $1,065 Monday after making all-time highs for the past three consecutive trading days.  Disclosure The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source AllTimeBitcoinCryptoHighHitsIndexRhymesVulgar…

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BTC, ETH, XRP, BCH, ADA, BSV, BNB, LTC, CRO, LINK

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The Nasdaq has regularly been making new highs for the past few days, which has resulted in a strong rally in a few technology companies. Along with this, a few stocks in the S&P 500 are also on a tear, pushing their valuations to astronomical levels. While the U.S. equity markets are on a strong footing, gold is not to be left behind. It has also risen to a nine-year high, which shows that assets that are perceived as risky and safe havens, both are rallying at the same time.…

How to Protect Your Bitcoin Wallet

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Bitcoin is a hot commodity lately. This cryptocurrency is usually at the top of experts’ and users’ lists of recommendations for investments in the digital world. If you’re thinking about using Bitcoin or have already started your crypto journey, there are steps you can take to secure your currency. Here’s how to protect your Bitcoin wallet. 1. Use a Hardware Wallet There are a few types of cryptocurrency wallets. Hard wallets connect to the internet for you to access at any time. This constant internet connectivity comes with certain cyber…

Crypto Lawyers Are in Hot Demand as the Industry Goes Mainstream, Say Experts

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The crypto market might soon see an uptick in legal hiring as it is moving out of regulatory gray zones, according to a recent article from Bloomberg Law. The publication interviewed a number of experts from the industry following the news that Coinbase had tapped former Facebook Vice President and Deputy General Counsel, Paul Grewal, as the leader of their legal team. The main consensus was that the amount of in-house hires in the crypto industry is likely going to rise significantly in the near future, mainly because the market…

Netflix, Citi, Delta and Other Stock to Watch

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This week, the S&P 500 companies are expected to announce their Q2 2020 earnings. Things will be slightly different from their usual state considering the current situation. Big companies in the United States are announcing their Q2 2020 earnings this week. Many of them are expected to be quite encouraging. For example, Citigroup Inc (NYSE: C), JPMorgan Chase & Co (NYSE: JPM), Wells Fargo & Co (NYSE: WFC), and Delta Air Lines Inc (NYSE: DAL) will post their earnings on Wednesday. It will be a super Thursday with Morgan Stanley…

Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys

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According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being married to the self-proclaimed ‘cryptocurrency inventor’ for years. The Deposition of Craig Wright’s Wife — Ramona Watts Just recently, news.Bitcoin.com reported on the Gavin Andresen deposition in the infamous Kleiman v. Wright billion-dollar lawsuit. Ira Kleiman, the brother of the now-deceased Dave…

Compound ‘5x Overvalued’ as COMP Farming Accounts for 88% of Its Assets

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Unlike most other cryptocurrencies, governance tokens for decentralized finance, or DeFi, lend themselves to classical fundamental analysis techniques. Since they are in many ways similar to traditional equity, they can benefit from established frameworks for evaluating a company. Cointelegraph spoke with Pankaj Balani, the CEO of derivatives platform Delta Exchange, to learn more about his company’s research exercise in trying to give a fair value to the Compound protocol token. The monetary value of governance The researchers initially focused on assigning a monetary value to the ability of governing the…

Chainlink (LINK) Price Up 10% after Jumping 40% and Hitting New ATH

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After adding 39.5%, Chainlink (LINK) is up 9.64% now to trade around $7.38. LINK is currently among the leading altcoins in a presumably early bull run. Chainlink (LINK) is one of the altcoins that is about to pull the rest of the digital asset industry up based on past experiences. Chainlink price has more than doubled in the past three months since the coin was trading around $3.68 in May and has risen to hit an ATH of $8.48. With a market capitalization of around $2,584,042,882 and daily volume in…