Bhushan Akolkar

Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Market News, News

Apple Asks Suppliers to Prepare 75 Million 5G iPhones, AAPL Stock Up 4%

By Bhushan Akolkar Sep 2, 2020 • 3 mins read

Apple expects a massive demand for its upcoming flagship 5G iPhone 12 and is all geared up for the launch next month in October 2020. Apple has successfully dodged the coronavirus economic slowdown and despite the contracting economy, it expects to do it in the coming quarters as well.

Market News, News

Tesla (TSLA) Stock Split Helps Elon Musk to Surpass Mark Zuckerberg as Third-Richest Person

By Bhushan Akolkar Sep 1, 2020 • 3 mins read

With a massive success for the company despite the COVID-19 economic crisis, the Tesla CEO has added a whopping $87 billion to his personal wealth in 2020. Elon Musk’s net worth currently stands at around $115 billion.

Altcoin News, Bitcoin News, Blockchain News, Cryptocurrency News, News

Coinbase Welcomes FinTech Veterans Marc Andreessen and Gokul Rajaram as Board Members

By Bhushan Akolkar Sep 1, 2020 • 3 mins read

Both Marc and Gokul have worked in the cryptocurrency and FinTech industries for a long period and will bring tremendous experience to the Coinbase board. It is expected that the two new board members will help the company steer ahead its IPO plans.

Altcoin News, Blockchain News, Cryptocurrency News, News

Total Locked Value in DeFi Surged to $9.02 Billion as DeFi Projects Gain Massive Momentum

By Bhushan Akolkar Aug 31, 2020 • 3 mins read

The DeFi market continues to hit milestones as DeFi tokens are raging in the cryptocurrency market. DeFi has got many other crypto projects interested as they look to expand their platform capabilities for DeFi over the next few months.

Market News, News

U.S. Tech Stocks Valuation Surpasses Entire European Stock Market, Says Bank of America

By Bhushan Akolkar Aug 31, 2020 • 3 mins read

The U.S. tech companies have witnessed a mammoth growth over the last decade. The coronavirus pandemic has added more fuel to its growth and the tech sector valuations soar above $9.1 trillion with Apple leading the pack.

Market News, News

TikTok Could Be Walmart’s Big Ticket to Online Advertising Market, Influencers Remain Worried Though

By Bhushan Akolkar Aug 29, 2020 • 4 mins read

If the TikTok deal goes through, it can give a massive boost to Walmart’s online advertisement and e-commerce business. Besides, Walmart will have a strong footprint in the social media world competing directly against giants like Facebook, Amazon, and Alphabet.

Market News, News

Walmart Shows Interest in TikTok, Will Join Microsoft for Bid, WMT Stock Up 2% in Pre-market

By Bhushan Akolkar Aug 28, 2020 • 3 mins read

The e-commerce retail giant Walmart is the new player in the race for acquiring the Chinese social media platform TikTok. However, Walmart will be joining Microsoft in the bid for TikTok. Walmart sees a massive opportunity in integrating TikTok’s audience to its e-commerce retail business.

News

Amazon Enters Wearables Market, Announces Halo Band Activity Tracker and Smart Health Subscription

By Bhushan Akolkar Aug 28, 2020 • 3 mins read

Amazon steps into the fitness wearables market by announcing its fitness tracker Amazon Halo Band and its smartphone subscription services. The Amazon Halo Service prioritizes more on lifestyle changes associated with individuals’ daily habits and routines.

News

U.S. President Donald Trump’s Intervention Fuelled Microsoft and TikTok Deal

By Bhushan Akolkar Aug 27, 2020 • 3 mins read

A push by the Trump administration has got Microsoft to consider a massive acquisition of TikTok’s global operations. It remains to be seen if Microsoft is willing to shell some more tens of billions of dollars for this deal.

Bitcoin News, Cryptocurrency News, News

Fidelity Launches New Bitcoin Index Fund for Institutional Investors

By Bhushan Akolkar Aug 27, 2020 • 3 mins read

Fidelity aims to foray deep into the crypto market as the company files for a new Bitcoin-only fund for accredited and institutional players. The investment giant also published a survey showing rising institutional participation in the crypto market.

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