This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
Nexo-Tron partnership introduces the first ever TRX-backed fiat credit line to accept TRON (TRX) as collateral.
With an increase of 43% in 2020, Tencent has added $197.74 billion to its market value on Tuesday, pushing its market cap higher than that of Facebook.
Offering deep discounts helped Apple to top its iPhone sales in China during Q2 2020. The Chinese shopping festival last month and Apple’s offering of the cheaper iPhone SE made the smartphone best-selling during the second quarter.
Barclays Plc has posted its H1 performance report showing revenue of £11.6 billion. The BARC stock is 37% down in 2020.
Visa reported Q3 earnings and revenue that fell sharply as the coronavirus pandemic led to a global recession, plunging consumer spending. V stock is down.
Amgen reported Q2 earnings that beat Wall Street estimates, but AMGN stock fell over 1% in after-hours trading. The company reported non-GAAP earnings per share of $4.25 for the second quarter.
With blockchain solutions gaining a global traction, Israel’s Tel Aviv Stock Exchange (TASE) has launched a blockchain platform that will enhance peer-to-peer Securities Lending.
A1 recently announced that users of its cashless payment app can now conduct crypto payments which retailers will receive in fiat.
To build the undersea cable, Google signed a deal with SubCom, the New Jersey-based subsea cable provider. The project will be completed in 2022. GOOGL stock gained 1.4% yesterday.
Today in the morning, Pfizer has published its Q2 earnings results. Revenues of $11.8 billion reflect a 9% operational decline.
Moderna has got nearly $1 billion in support from the U.S. government so far to support the development of the COVID-19 vaccine. The biotech firm is conducting its last-stage trials. MRNA stock is up.
There is a number of factors that will affect the COVID-19 vaccine price. They include technology, single or a double vaccine dose, as well as what yields from manufacturing facilities might be.
Amidst the ongoing economic and healthcare crisis, the Republican Party in the U.S. has unveiled the second round of stimulus package plan. The government is willing to pass the legislation by July 31 and has sought support from the Democratic Party for proceeding ahead.
As Tesla announced gains in its second-quarter earnings report, the EV company also hopes to add two new models after the Cybertruck. TSLA stock is up today.
LVMH CEO and Chairman Bernard Arnault says that the company showed exceptional resilience to the serious crisis the world suffered in the first half of 2020.