Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Following the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0.42% down, at $30.52 per share. In the pre-market trade today, it slightly declined.
Chainlink (LINK) added around $3.38 in the past 24 hours to trade slightly above $17 at the time of publication. As a result, it officially secured its 5th position in a long list of cryptocurrencies.
With Donald Trump’s executive order to ban WeChat, smartphone giant Apple needs to make a decision whether or not to ban WeChat from its global App Store. This could also possibly have a big impact on Apple’s business ambitions in China.
Coinbase has unveiled its borrowing service which will go live later in the fall. Customers will get access to up to 30% of their BTC holdings.
Swipe on its official blog has announced that it is waiving the 1% commissions for purchase/sell and transaction of cryptocurrencies. Not only commissions are gone, but Swipe cards are also fee-free and are shipped with no cost.
Since the launch, SRM’s trading volume has exceeded $350 million in the first twelve hours. The Serum token is native to the Serum DEX.
Cryptocurrencies are still correcting before another attempt to start a new bullish impulse. In charts of many cryptoassets, they are forming a Triangle pattern, a breakout of which to the upside may lead to the continuation of the current trend.
After climbing an impressive $440 open interest in June, CME Bitcoin futures recently hit a new record high. Deribit has larger figures.
On August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.
Tencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat.
Gold hit its worst single-day decline as its price fell more than 5% but Treasury yields increased. Analysts have tied this movement to the progress in the development of COVID-19 vaccines.
Announcing its stock split, Tesla said that they were looking to make its shares more accessible to employees and small investors.
As a result of the announcement by MicroStrategy about purchasing BTC, the company’s shares jumped 9.12% yesterday.
The United Kingdom has witnessed one of its worst GDP contraction during Q2 2020 owing to lockdowns initiated by the government after the outbreak of the coronavirus pandemic. Job losses are on a steep rise as the U.K. economy shows little of recovery in the near term.
Moderna inked a $1.525 billion deal with the U.S. government for the supply of 100 million doses of its promising mRNA-1273 vaccine. MRNA stock is up in the pre-market.