Ant Group receives a regulatory summons to halt its IPO that was scheduled for a dual listing in Hong Kong and Shanghai. The Chinese regulators have asked the Alibaba-backed company for additional disclosures.
While the Americans are voting for their President, major stock indices are climbing higher.
The difficulty adjustment has stirred up reactions on Twitter, with Twitter users praising Bitcoin Founder Satoshi Nakamoto.
Markets remain on the edge a day before the U.S. Presidential elections. Volatility is growing as this week has some big announcements from the Federal Reserve and policymakers. The surge in COVID-19 in the U.S. and Europe puts major pressure on the markets.
As the U.S. election remains a hot topic for the world, Bitcoin price seems to be on a significant rise and fall trajectory. A price drop even came at a time when BTC blew out its 12th birthday candles.
As the oil price continues to dip following the effect of the coronavirus and the U.S. elections this week, many experts expect OPEC and its allied bodies to make policy moves to help prevent the complete market collapse.
In twelve years, the 9-page technical paper has turned into a worldwide famous project with over $256 billion capitalization without fundraising, marketing budget, office, and employees. And the best you can do today is to reread the document and make sure that genius is simplicity.
Friday’s losses came along with the coronavirus cases in the U.S. hitting new all-time highs and European countries announcing new lockdowns. Besides, this messy week comes just three days before the U.S. election, and traders are preparing for mutable market moves next week.
Hours after the European Central Bank (ECB) statement and optimistic job data from the U.S., Bitcoin (BTC) price rallied from $12,920 to $13,600.
Ant Group raised over $34.5 billion in Hong Kong and Shanghai. The company recorded a huge retail investors bid of $3 trillion which equals the Gross Domestic Product (GDP) of the United Kingdom.
Apple registered a 20% drop in the sales of its flagship iPhone smartphone during Q4 2020. Probably, enthusiasts have been waiting for the release of the latest flagship iPhone 12 5G, announced earlier this month.
Volatility has once again ensured the stock markets which are facing a double whammy with the rising coronavirus cases on one end and the halting stimulus talks. Markets are losing confidence with a gloomy outlook ahead.
According to the latest analysis, major U.S. equity benchmarks Like Dow Jones recorded a decline of 180 point. This decline has been linked to the 83,000 new coronavirus cases recorded in Sun Belt State over the weekend.
As per the market estimates, the Jack Ma-backed Ant Group will list its shares at the Hong Kong and the Shanghai STAR at 69 yuan per share price. This could further boost Shanghai’s status as the fastest ever-growing market in the world.
During the fiscal third quarter that ended on September 26, Intel reported $1.11 EPS on an adjusted basis with a revenue of $18.33 billion.