UK Is Top Destination for European Fintech Investment with $4.9 Billion Received
Venture capital and private equity investment into the fintech sector of London and the UK in general has risen 38% year on year and reached $4.9 billion.
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Venture capital and private equity investment into the fintech sector of London and the UK in general has risen 38% year on year and reached $4.9 billion.
Facebook has reported figures for fourth-quarter earnings. The company’s revenue was $21.08 billion and the number of monthly active users reached 2.5 billion. Even though there is an improvement, the report shows growth has declined.
Coinbase Custody International will provide institutional-grade crypto asset storage to clients across Europe. The new entity is based in Dublin, Ireland.
Bitcoin options platform Bakkt is showing almost zero interest in its product. Some of the industry players expect the project’s annihilation. At the same time, CME’s options product still enjoys high interest.
It has become known that Google’s former vice president and founder of Flipkart Surojit Chatterjee will join Coinbase as its chief product officer.
Binance US will provide its customers with ALGO and ATOM staking options to compete in this market with Kraken and Coinbase that already offer Tezos (XTZ) staking.
Microsoft reported earnings for its second fiscal quarter of 2020, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51 (compared to revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 in Q2 2019).
Millennials prefer to invest their funds into the stocks of the most advanced companies that are being widely discussed today. They are Apple, Amazon and Tesla.
Being boosted by various factors, many stocks are climbing up while coronavirus fears are still growing. Let’s have a look at the earnings that some giants have recently reported for the previous quarter.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, EOS, Bitcoin Cash and Litecoin price movement.
Apple has revealed the figures showing its earnings in the first fiscal quarter. The report demonstrates a strong surge in revenue from the iPhone 11.
Very soon the latest earning report from Tesla will be revealed. While most of the market is bullish, Jim Cramer says that there is a possibility that the results may disappoint investors.
In recent news, Saudi Arabia’s oil giant Saudi Aramco Energy Ventures (SAEV) made a $5 million investment into a blockchain-based oil trading company Vakt.
There are now calls for more effort in controlling the spread of the coronavirus. According to some experts, the virus could become a reason for a heavy global recession.
AMD revenue jumped 50% to $2.13 billion in Q4, which is higher than analysts’ estimates of $2.11 billion. However, the Q1 revenue estimate is rather disappointing.