The Federal Reserve’s 2% inflation target has already been outstripped in April mainly due to the effects of economy reopening, contained demand and supply restrictions.
Lordstown Motors stock has dropped 17.47%, 8.23%, and 39.16% in the past 5-days, 1-month, and 3-months respectively according to market data provided by MarketWatch.
Soon after completing the $500 million bond sale, MicroStrategy is willing to raise another $1 billion with the public sale of its Class A common stock and using those proceeds to buy Bitcoin.
The latest funding rounds that Stripe has closed and the level of participation may suggest a more ambitious move for the payment processor.
Beyond the company’s move in seeking advancement in its smartwatch, it is also working assiduously to explore new areas, notably in the Apple car pursuits.
With recent consolidation and the fresh announcement from Elon Musk, Bitcoin on-chain indicator has turned bullish setting it up on a north trajectory to $85,000.
Notably, Virgin Group owns 80% of Virgin Orbit shares, with Mubadala Development Company owning 20%.
Coinbase is expected to open its new office in New York. By the time of reporting, there haven’t been any official comments from the company.
Musk is right saying that Bitcoin mining is dangerous for our planet. Over the past two years, the rise of Bitcoin has caused CO2 emissions to increase by over 40 million tons, which is equivalent to 8.9 million cars added to the road.
The proceeds obtained from the auction will be donated to Blue Origin’s education-focused nonprofit Club for the Future.
Apart from the two bills focused on Amazon and Apple, the other three include the Platform Competition and Opportunity Act, Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act and Merger Filing Fee Modernization Act.
Mythical Games believes that the future of the gaming industry is in the development of NFTs. Therefore, it is launching an NFT platform to further drive mass adoption of ownership in games as well as enhance the growth of its first game, Blankos Block Party.
Anticipated to be one of the biggest tech IPOs of 2021, Didi IPO could fetch the company a $100 billion valuation while raising $10 billion.
Unlike conventional in-flight internet providers which have a few satellites orbiting at about 36,000 km above the earth, SpaceX has close to 1,800 satellites orbiting at only 550 km above the earth.
Powell revealed that Kraken now has eyes set on a more traditional initial public offering (IPO) describing the firm’s stance on the plan as ‘very serious’ as they look to avoid any potential issue should they go public via a direct listing.