Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
European leaders have agreed to borrow $858 billion from financial markets and distribute around half of it as grants and the rest as loans to EU countries.
While Digitex introduced itself as the next-gen crypto futures platform, it doesn’t shy away from the other popular niches. Digitex has promised it will launch its own version of crypto spot trading (commission-free) as well as non-custodial accounts.
With the Mustang Mach-E 1400 expected to debut in the NASCAR race soon, Ford Motor will look to solidify its position. F stock price is growing.
Jeff Bezos’ wealth is growing. There are more than a few reasons for this apart from the fact that Amazon is filling gaps.
eBay and Adevinta announced a definitive agreement for eBay to transfer its Classifieds business to Adevinta. This move will significantly strengthen both entities and see them compete with major e-commerce businesses.
Virgin Galactic (SPCE) now has new Chief Executive Officer and Chief Space Officer. SPCE stock is in the green.
Despite the COVID-19 slowdown, IBM managed to deliver better-than-expected results for Q2 2020. The company said that many small businesses that were using IBM’s services have turned cash conservative and now want to spend less.
Amazon has revealed a delay in its annual Prime Day sales. It will however hold the event for Prime subscribers in India in August. Meanwhile, AMZN stock managed to gain almost 8% yesterday and is up now.
In its outlook, UBS warned that continued group credit losses could be expected in the second half of the year due to the coronavirus pandemic, but said these would be below those seen in the first half, especially in Q2.
Jim Cramer said that he has never seen any stock performance like Microsoft, Tesla, and Amazon stocks have these days.
Data from AstraZeneca’s clinical trials of its COVID-19 vaccine candidate AZD1222 shows promising results but AZN share price has refused to be positively impacted.
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.