Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
It has become known that Google’s former vice president and founder of Flipkart Surojit Chatterjee will join Coinbase as its chief product officer.
Binance US will provide its customers with ALGO and ATOM staking options to compete in this market with Kraken and Coinbase that already offer Tezos (XTZ) staking.
Microsoft reported earnings for its second fiscal quarter of 2020, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51 (compared to revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 in Q2 2019).
Millennials prefer to invest their funds into the stocks of the most advanced companies that are being widely discussed today. They are Apple, Amazon and Tesla.
Being boosted by various factors, many stocks are climbing up while coronavirus fears are still growing. Let’s have a look at the earnings that some giants have recently reported for the previous quarter.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, EOS, Bitcoin Cash and Litecoin price movement.
Apple has revealed the figures showing its earnings in the first fiscal quarter. The report demonstrates a strong surge in revenue from the iPhone 11.
Very soon the latest earning report from Tesla will be revealed. While most of the market is bullish, Jim Cramer says that there is a possibility that the results may disappoint investors.
In recent news, Saudi Arabia’s oil giant Saudi Aramco Energy Ventures (SAEV) made a $5 million investment into a blockchain-based oil trading company Vakt.
There are now calls for more effort in controlling the spread of the coronavirus. According to some experts, the virus could become a reason for a heavy global recession.
AMD revenue jumped 50% to $2.13 billion in Q4, which is higher than analysts’ estimates of $2.11 billion. However, the Q1 revenue estimate is rather disappointing.
LVMH achieved record profit in 2019. In the fourth quarter, the sales rose 12% to 15.27 billion euros ($16.94 billion). But the coronavirus may negatively influence the company’s revenue.
Some experts think that Ripple’s IPO will put an end to the inherently speculative nature of the XRP token that won’t be much appreciated by its investors.
According to Wietse Wind, the lead developer of XRPL Labs, Ripple is considering launching not only a free version of the banking app but also a paid one that will be called ‘Xumm Pro’.
Bitcoin price surge continues as investors move to crypto on the outbreak of the deadly coronavirus in China. With today’s price jump, Bitcoin has made a new 2020-high and we expect this momentum to continue in the near term.