FB Stock Down 3% in Pre-market Despite Facebook Beating Expectations in Q2 2021
Facebook stock has been on a winning streak since the onset of the coronavirus pandemic.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Facebook stock has been on a winning streak since the onset of the coronavirus pandemic.
According to PayPal’s Q2 2021 earnings report, the company has seen a 19% growth in net revenue year over year in the quarter that ended June 30, reaching $6.24 billion. However, it falls short of the $6.27 billion expected.
The fund manager in charge of receiving the SHIB donations from Vitalik Buterin for COVID-19 relief in India has revealed bottlenecks to the process.
Visa reported revenue of $6.1 billion in Q3 2021 against an estimate of $5.86 billion according to a consensus by FactSet.
Beyond the integrated Binance tax reporting tool, the exchange has also taken action to reduce the daily Bitcoin (BTC) withdrawal limit for its users that have not completed the KYC verification requirement.
The availability of the Ripple ODL option in Japan means customers of RippleNet can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs.
Even though Bitcoin’s trading volume is still higher than Ether’s, the year-on-year growth for the latter is breaking all records.
Chinese crackdown on tech and education companies put pressure on Asian indices. On the other hand, the US tech giants continue to post stellar returns in the second-quarter earnings season.
In the IPO filing, Stronghold noted that with the fundraising, it will purchase an additional 27,300 crypto miners to expand its operations and increase its hash rate.
It is a non-custodial app which means customers can fully control and manage their Dash holdings without paying any exchange fee to a third party.
While the Changpeng Zhao potential exit is one of the defined ways Binance looks to get back on track with regulators, the firm is also doing a lot to pacify watchdogs across the board.
In an interesting marketing move, the Burger King franchise in Brazil is selling the Doggeper burgers for Dogecoin (DOGE). The offer will be available only for a limited period of time.
Alphabet recorded a revenue of $61.88 billion during the just-concluded quarter against $56.16 billion expected by analysts according to Refinitiv.
The new Mastercard upgrade is said to pose a challenge to rival Visa’s Fast Track initiative and intends to add crypto and blockchain tech track to their Start Path Incubator program.
When introduced, the new Robinhood feature will help to provide more security for users of the trading app and also absolve the firm of any supervisory failures.