Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The next round of U.S. stimulus checks may come really soon. The only issue here is how fast Republicans and Democrats will come to an agreement.
The tech sector continues to drive market optimism despite the rising COVID-19 cases. Amazon has been the biggest beneficiary of government lockdown as the platform’s consumer spending has surged 60% year-over-year since the end of April 2020.
Bitcoin had another disappointing week providing a negative weekly return of 1.60%.
Despite BTC price moving between $9,000 and $9,500 recently, the CEO of Binance said Bitcoin is stable and the traditional market has a “drag down effect” on it.
Masayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country.
AMZN stock had a quite disappointing week but today it is in green again. Amazon is expected to release the Q2 earnings report on July 23 and analysts anticipate it as a catalyst to a new wave.
Brad Garlinghouse, Ripple CEO, at the Parallel Summit on July 17 expressed his opinion about the digital currency industry. He stated that China is a leader of it and admitted that he is awed by China’s approach.
It has become known that Coinbase saved over 1,000 users from sending Bitcoins to scammers in the recent Twitter hack.
Her Majesty’s Government has ordered 90 million doses of Pfizer COVID-19 vaccine candidate which became a stimulus for the PFE stock price rise. Moreover, the UK is going to be a worldwide leader in the search for a working vaccine.
The Ant Financial management believes that their move to go for an IPO and become a public company will enhance transparency to their stakeholders.
Following the company’s announcement about the success of its COVID-19 vaccine, Synairgen stock has increased significantly. Now it is nearly 470% up.
Chinese electric car company Xpeng Motors began delivering its P7 sedan model last month, which is almost similar to Tesla Model 3.
Fintech giant app Paypal has partnered with Paxos to launch a new crypto service. This new venture will serve more than 300 million PayPal users.
This year the gold price is 18.38% up. Analysts are predicting further growth. At the moment of writing, it is trading $1,810.40 per ounce.
The cooperation with Mastercard will allow Wirex the ability to directly issue crypto payment cards to its customers and push cryptocurrency adoption to the mainstream financial market.