Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
With the decline in oil demand due to the Covid-19 crisis, Saudi Arabia has pledged to further cut its production rate. Oil prices surged as a result of this news.
Despite a slight decline, some analysts believe that new peaks for Tesla stock price are on the horizon. The company may soon move the headquarters out of California, which will save millions of dollars for Elon Musk in taxes.
In an interview with Coindesk reporters, Vitalik Buterin confirmed that after a row of delays Ethereum 2.0 will be launched in July.
Spotify’s new Group Session feature offers real-time collaboration when people are gathered together. It supports up to 100 users. SPOT stock rose on Monday.
Binance.US has launched its own OTC trading desk that can facilitate large value orders without creating volatile price swings and without affecting the normal trading movements.
Roxe Chain builds a blockchain architecture based on graphene technology to meet vertical decentralized applications and horizontal scalability requirements.
Shanghai Disneyland has reopened after China declared reopening its economy after the pandemic. In the upcoming week, Disney will gradually get back to welcoming visitors to other resorts. DIS stock is in the red.
With the latest Bitcoin halving, the BTC mining rewards have reduced from 12.5 BTC to 6.25 BTC. Since its last halving in 2016, the BTC price has appreciated 1200% so far until the third event.
Michelle Phan, YouTube beauty queen, and Ashton Kutcher are among the investors in Lolli that raised $3 million. The round was led by Pathfinder, with participation from Bain Capital Ventures, Craft Ventures, and Digital Currency Group.
Paul Tudor Jones revealed that around 1-2% of his assets are in Bitcoin. According to him, every day people trust in BTC more.
Finally, Aurora Cannabis implemented the announced 12:1 reverse stock split, mainly aimed at preventing the cannabis company from being delisted from the New York Stock Exchange. ACB stock is in the red now.
Quidel (QDEL) stock goes up as the healthcare manufacturer has received approval from the US Food and Drug Administration (FDA) for its COVID-19 antigen test. It is quicker, cheaper and easier to develop than most other diagnostics.
Richard Branson will sell the Virgin Galactic shares “from time to time by means of ordinary brokers’ transactions.” Credit Suisse Group AG will manage the sale.
Shares of AMC Entertainment rocketed 47% in active pre-market trading today, as it was reported that Amazon is interested in acquiring the struggling movie theater chain.
With a few hours and less than 40 blocks to 2020 Bitcoin halving, CME Group says the record trading activity for its Bitcoin derivatives reflects a strong institutional interest before the halving event.