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Elon Musk Says Tesla Will Be Worth More in 5 Years though Now It May Be Overvalued
By Steve Muchoki
• 3 mins read
Elon Musk says that Tesla will be much more valuable in years to come despite short term challenges.
Bitfinex Launches Tether (USDT)-Settled Perpetual Contracts to Track Europe 50 and German 30
By Steve Muchoki
• 3 mins read
Bitfinex will provide perpetual contracts to traders 24 hours a day seven days a week, unlike equity exchanges that are open for business five days a week.
Binance Introduces Venus (XVS) on Binance Launchpool, Users to Stake BNB, BUSD, SXP Tokens
By Steve Muchoki
• 3 mins read
Binance has announced another project on its Binance Launchpool called Venus. Users will be able to get new token rewards in return for staking BNB, BUSD and SXP tokens.
2.5 Million of Bitcoin Supply to Be Mined before 2140, Half of Then to Be Mined in Next 3 Years
By Steve Muchoki
• 3 mins read
At the time of writing, its market price was trading around $10,866.30. Notably, Bitcoin was up 32.5% in the past 12 months, down 5.9% in the past 30 days, and up 1.6% in the last 24 hours.
Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs
By Steve Muchoki
• 3 mins read
As global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs.
China Poses Biggest Impediment to Arm Acquisition by Nvidia, Deal Worth Approximately $40 Billion
By Steve Muchoki
• 3 mins read
The primary focus for the Nvidia-Arm deal is the fact that an American company is acquiring the globally recognized tech company, hence putting China at the direct hands of Americans.
UNI Token Fell 6.4% but Is 2% Up Now, Legality of Uniswap’s Decentralization Is Questioned
By Steve Muchoki
• 3 mins read
After rising to its all-time high, $8.40, on September 18, UNI token has lost approximately 38% of its value.
NKLA Stock Drops to New Lows, Wedbush Downgraded Nikola as Its Shares Are Too Risky
By Steve Muchoki
• 3 mins read
NKLA stock price dropped yesterday. The fall is largely attributed to the report which claimed that Nikola is “an intricate fraud built on dozens of lies over the course of its founder and executive chairman Trevor Milton’s career.”
Fed Releases Its Workplan for Updating Payment Systems amid Coronavirus Pandemic
By Steve Muchoki
• 3 mins read
In a bid to deliver the best to compete with the Chinese model and possibly retain the dollar global reserve currency status, the Fed is working closely with other institutions.
GOOGL Stock Fell 3.45% on Wednesday, Google Set to Try ‘Hybrid’ Work-from-Home Models
By Steve Muchoki
• 3 mins read
Google is reviewing its long-term work options for employees, as most of them say they don’t want to come back to the office full-time.