Why everyone's talking about bitcoin and Zimbabwe [CNBC]
Churchill Capital Corp V Class A (CCV)
US:NYSE Investor Relations:
cmcsa.com/investors
Company Research
Source: CNBC
Wilfred Kajese | AFP | Getty Images A man holds a two dollar Zimbabwean 'bond note' withdrawn in Harare, Zimbabwe on November 28, 2016. A surge in demand for digital currency in Zimbabwe has highlighted an interesting quirk in the trading of bitcoin , as well as the current economic woes the African country is facing. Zimbabwe panic sends bitcoin soaring over $6,000? asked a report on one cryptocurrency website over the weekend. While the answer is clearly no — there's not enough trade in Zimbabwe to impact the price — it does hint at two issues. Firstly, Zimbabwe appears to be facing some serious currency concerns again. After the hyperinflation of 2008, the country adopted the U.S. dollar as its own. But a scarcity of greenbacks means a crisp new $100 bill can reportedly trade at a premium and is worth more than the digital dollars that people have in their bank accounts. They're also trading at a higher price to the Zimbabwe bond note
Show less
Read more
Impact Snapshot
Event Time:
CCV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CCV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CCV alerts
High impacting Churchill Capital Corp V Class A news events
Weekly update
A roundup of the hottest topics