Search results continue to churn three days after Google announced the May 4 update. Google warned it may take a couple of weeks to settle. The changes are felt by many.
Stuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO.
The phase one trade deal requires China to buy an additional $200 billion worth of U.S. products and services over the next two years compared to 2017 levels. However, the global pandemic has made it extremely unlikely that China will be able to fulfill its promises.
Bitcoin’s PoW miners continue to dominate the cryptocurrency mining industry both in terms of total revenue and total security spending. Bitcoin miners received $5.5bn in total block rewards, $5.2bn (94.8%) of which were newly minted coins, and $284m (5.2%) of which were transaction fees.
Elon Musk is now one step closer to receiving the totality of his $55 billion award from Tesla, as contained in his 2018 agreement with the company.
As BTC halving is expected to happen next week, Bitcoin network’s mining difficulty has reached close to its all-time high of 16.55 trillion. Bitcoin’s mining difficulty adjusts itself every two weeks or every 2016 blocks depending on the competition in each adjustment cycle.
The U.S. Treasury Department announced its plans to borrow about $3 trillion this quarter. The money is being used in large part to support the economy in the wake of the coronavirus pandemic.
Elon Musk has listed two of his houses for sale on Zillow.com. Meanwhile, Tesla (TSLA) stock is moving higher again.
Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop.
More and more economies are starting to reopen. It is expected that in the long-term, gold prices will benefit from the ongoing situation. Now, the gold price is $1,709.50 per ounce.
The next Bitcoin halving is expected to happen in a little bit more than a week. Meanwhile, the BTC hash rate hit a new record moving above 140 EH/s.
Berkshire Hathaway had a record $137 billion in cash and equivalent instruments on its balance sheet at the end of Q1 2020. Meanwhile, Warren Buffett has decided to sell the airlines stocks.
On April 30, Ripple published the Q1 XRP Markets report to update the public on the company’s views on the state of the XRP market.
Apple reported revenue of $58.3 billion for its fiscal second quarter, falling below its initial Q2 guidance but surpassing Wall Street’s muted expectations. AAPL stock is down in the pre-market.
The cryptocurrency market has regained over 100% from the March 12 flash crash leaving the stock markets far behind after they gained 36%. The majority of coins are in the green now.