Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 1 October 22:04 (GMT -05:00)



Foreign exchange market

USA Sponsors Experimental COVID-19 Vaccines


A billion dollars for 100 million dozes of a vaccine that's not create yet. The U.S. Government has already paid for a potential vaccine. This is yet another transaction of that kind. This time, the money was paid to Johnson & Johnson. Apparently, the government has been sponsoring all kinds of experimental vaccines. Basically, Johnson & Johnson is expected to ship 100 million dozes of this vaccine at the price of 10 dollar per doze.
 
It's interesting to note that similar orders were made in the UK, Japan and the EU. To be more specific, they ordered experimental vaccines from Sanofi (France) and GlaxoSmithKline (UK), spending well over 2 billion dollars on that.
 
This exactly how the USA sponsors the research before the vaccine is out and available. At the same time, they are first in the line to get it. At this point, the total number of COVID-19 victims is nearing 5 million people, which is around 1,5% of the U.S. population.
 
J&J already received 1 billion dollars and promised to ship the vaccine to the BARDA for potential use by the FDA. The other day, the BARDA approved the transaction to sponsor the creation of the facilities for producing over 1 billion dozes of experimental vaccines.
 
As for the U.S. Government, they payed $10 per each doze of the 100 million dozes ordered. Later on, the government will have to pay around 20 dollars per doze if they want to get more, especially since the price has already been approved by Pfizer and BioNTech. The government is reported to be willing to buy 200 million extra dozes from J&J once the vaccine is invented. At this point, the price is not specified.
 
This is the first vaccine-related contract for J&J. According to Reuters, they are having talks with the EU but no agreement has been reached so far. The vaccines is being tested on volunteers from the United Stats and Belgium. At this point, there are no approved vaccines against COVID-19, and 20 vaccines are under test. According to Airfinity (UK), the USA, the EU, the UK, and Japan collectively own around 1,3 billion dozes of the vaccine, with the potential to increase the quantity to 1.5 billion dozes.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Tape Patterns Indicator

Traders often use various kinds of technical indicators these days. The list can be rather long, from popular ones like RIS, MACD etc. to less popular ones like Tape Patterns.
Publication date: 30 September 08:52 AM

Bitcoin's Getting Ready For a Strong Rally

While Bitcoin could have been more volatile over the recent weeks, the king of cryptocurrencies stoped in the range between 10K and 11K dollars per coin. Do BTC miners know in which way the coin is going in the near future?

Publication date: 30 September 04:07 AM

Bloomberg: Crypto Is Better Than Gold In 2020

According to the recent Bloomberg report, cryptocurrencies are way better than gold in terms of investments in 2020. Which is interesting, most cryptocurrencies have been growing much faster than gold this year. It's not a secret that gold is considered a safe-haven asset amid crises. Bloomberg Galaxy Crypto Index (BGCI) has gained 66% this year,while gold has gained only 20% over the same period.
Publication date: 29 September 01:07 PM

Gold Prices Drop Below $1860/oz, Seeing A Major Downtrend

On Thursday morning, the spot price of gold dropped roughly down to $1850/oz withing the scope of a strong downtrend started earlier this week, with a strong gap from the consolidation level. The key factors contributing to the price drop was the sudden strengthening of the U.S. Dollar.

Publication date: 25 September 07:39 AM

Texas Authorities Spot New Crypto Scams

The TSSB, which is the financial regulator of Texas, is reported to have revealed a couple of potential scams in the international market of cryptocurrencies. These are named Forex Birds and PEK Universe. From now on, both of these projects cannot work in Texas anymore. These projects were banned on September, 3rd.

Publication date: 18 September 01:07 PM

Cryptocurrencies On Sale: ChainLink and TRON Go Down, Bitcoin Is Stable

Wednesday's session is bringing a retracement in the market of digital assets, which is affecting the entire crypto market cap. Chainlink (LINK), TRON (TRX), and Tezos (XTZ) have been the biggest losers over the last 24 hours. They lost 9,7%, 8,7%, and 5,5% respectively. Bitcoins remains stable and one of the very few tokens among the top 20 that are still showing some gains, though modest ones.

Publication date: 16 September 12:04 PM

What's Next For Bitcoin?

Some analysts argue the future of Bitcoin, also known as the digital gold. Last week, the Winkelvoss brothers stated that the BTC price may skyrocket all the way up to 500.000 dollars per coin in the near future. This opinion is shared by Bloomberg analysts. But on the other hand, Bitcoin may see the opposite scenario, which is a major crash to make it as cheap as dirt.

Publication date: 10 September 03:00 AM

How To Get Ready For Bitcoin Boom 2020?

Cryptocurrencies keep on growing in value. If you are going to buy your first coins, this is what you should do first.
Publication date: 30 August 11:27 AM

U.S. Tech Companies Increase Stock Buyback

Publication date: 20 August 06:10 AM

Altcoin Mining Account For Over 30% Of Overall Crypto Mining Consumption

Scientists for the University of Munich urge the regulators to go beyond the BTC scope when it comes to crypto mining affecting the environment. They say that Bitcoin accounts for over 66% of the entire energy consumed by crypto mining, based on the basic algorithms, the current hashing speed, and the mining equipment used, while altcoins account for the rest of it. Consequently, altcoins add almost 50% on top of Bitcoin's energy demand, which in itself may result in considerable damage to the environment.

Publication date: 09 August 11:06 AM