Financial Industry News
PlayStation has confirmed that the DualShock 4 controllers would only work with PS4 games on the PS5. Reactions have been split between people who don’t care and people who think it’s the worst news ever. No matter how you feel, it’s undoubtedly a sign of how restrictive the PS5 will be compared to the Xbox […]
Continue ReadingThe price of Bitcoin declined by more than 13% within 30 minutes on Aug. 2. The shocking short-term price action caused $1 billion worth of liquidations in futures contracts for Bitcoin (BTC) and Ethereum’s native token, Ether (ETH). Following the rapid sell-off, traders are cautiously optimistic and are considering both bullish and bearish scenarios. Before […]
Continue ReadingFord stock has dipped despite reporting an improved cash position and narrower losses in Q2 2020. Robinhood traders are loading up on the Ford stock. The truth is, Ford Motor Company is on borrowed time and will go bankrupt anyway. Despite reporting better than expected earnings last week, Ford Motor Company (NYSE:F) has continued its […]
Continue ReadingHuobi’s Japanese branch has joined the Japan Security Token Offering Association, or JSTOA, as a “supporting member” along with Zaif, FXCoin, and 8 other local crypto players, according to the announcement published earlier today. “A full member must be a securities firm holding a Finance 1 licence,” Huobi Japan CEO Haiteng Chen clarified in a […]
Continue ReadingMicrosoft shares rallied over 4% Monday after the company confirmed talks with Donald Trump regarding its takeover of TikTok’s U.S. operations. The market is getting excited, but TikTok won’t earn Microsoft huge revenues. TikTok brings a fraction of the earnings of Facebook and Twitter, while Microsoft doesn’t have a great track record outside of enterprise […]
Continue ReadingTravala.com has recently added an additional 600,000 hotels to its crypto-powered online travel platform thanks to a recent partnership with booking giant, Agoda. Travala’s CEO, Juan Otero, told Cointelegraph that the number of properties on the platform has now reached over 2.2 million in total. He claimed: “We can safely say we are the world’s […]
Continue ReadingApple announced a 4-for-1 stock split last week. Shares have since surged to new all-time highs. Retail traders looking to invest at the lower price will be sorely disappointed. Consumer tech giant Apple (NASDAQ: APPL) knows how to keep shareholders happy. During last week’s earnings call, the company announced it was doing a 4-for-1 stock […]
Continue ReadingIt feels as though Ellen DeGeneres has gone into hiding. #ReplaceEllen is currently trending on Twitter. Former fans of the show want Ellen gone – and it sounds like she wants out too. With her social media accounts uncharacteristically silent, it feels like Ellen DeGeneres has gone into hiding. Maybe it’s all for the best. […]
Continue ReadingBitcoin has been caught within the throes of a firm and unwavering bull trend throughout the past few weeks. After hovering within the lower-$9,000 region for over a month, the crypto’s breakout rally sent it as high as $12,000 this past weekend, at which point it met some insurmountable resistance. After declining back towards $11,000 […]
Continue ReadingAfter a flash-crashy weekend, CoinDesk’s Markets Daily is back with your quick daily update. Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash. Crypto traders didn’t have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins). Disclosure The […]
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