Duolingo made a strong debut at Wall Street raising over $500 million worth of funds. The company plans to use these resources for expanding to overseas markets.
Chinese crackdown on tech and education companies put pressure on Asian indices. On the other hand, the US tech giants continue to post stellar returns in the second-quarter earnings season.
Bitcoin price has been consolidating since mid-May, where a lot of events making an impact on BTC happened.
According to Tether, it is currently running its usual business activities and focuses on its customers.
With Tesla hitting a record Q2 net profit, the company is making an optimistic prognosis for the upcoming future. It expects a 50% average annual growth in vehicle deliveries.
Criminal charges currently faced by Tether due to this unethical act are said to carry heavy complications for the company’s future.
Ethereum hit the high, after climbing more than 8% in 24 hours and nearly 23% in one week, as several other assets also rise.
A Bitcoin squeeze has seen the crypto asset jump over 13% to $40,000, caused by factors such as Amazon’s interest and support from big names.
Notably, Bitcoin is the first currency Amazon is considering. However, in the future, it will expand its possibilities with other digital assets.
Binance US will be competing for a public spot proceeding despite facing allegations from global regulators.
Besides concerns of Covid resurgence in the United States, food stocks including Domino’s are heavily bolstered by the second-quarter earnings results.
JPMorgan wealth management advisors will be able to buy and sell these funds on clients’ demands. However, they cannot propose or recommend any crypto investment.
Stellar and Advent have joined a list of companies including Ant Group and Western Union, to pitch for an acquisition of MoneyGram.
Dow Jones recovers all losses from Monday with two-day consecutive rallies. Interestingly, the bond market is also fuelling optimism on Wall Street.
The revelations made by Elon Musk as well as other stakeholders present at the B-Word conference have stirred a positive reaction in the broader cryptocurrency market.