Peloton’s first day on the stock market was disappointing, to say the least, and it ended as the third-worst IPO performer. PTON stock kept on sliding throughout the day, ending on a much worse note than it started.
Talking at a blockchain event at the U.N. headquarters in Geneva, Libra’s managing director Bertrand Perez said Libra will not replace existing fiat currencies, but could help the UN achieve its SDGs as eliminating poverty and achieving gender equality.
SEC’s Hester Peirce stated that cryptocurrencies prove to be important “transaction mechanisms” and their “store of value” is an important function of the digital assets.
Bitcoin price has dropped below the $8,000 and analysts believe that the $7,500 zone is now vulnerable but the cause for this abrupt and sharp drop is yet to be determined conclusively.
Arcane Research has found a systematic pattern of shorting just before the CME Bitcoin Futures settlement every month, since January 2018. Thus, the speculations of manipulation are being weighed-in.
Reports show some evidence, though not conclusive, that institutional investors may have played a role in the recent Bitcoin price drop with many expecting it to test the $7,500 support before recovering.
Amazon’s hardware event came with a few surprises this year but with a lot more innovations including a device that can link other devices to enhance the Internet of Things (IoT) in the immediate environment.
The Stock Market has responded positively to Trump’s hint at a possible resolution to the trade war with China. There were modest gains which seem to be unaffected by the current impeachment proceedings against Trump.
David Marcus, the head of Calibra wallet, went on Facebook to explain the company’s motivation behind building Libra. David elaborates on why Facebook didn’t choose to build on top of existing systems, but rather chose to build a new one.
The forum “Case for Small” is organized by the administration of the Krasnodar Territory and is scheduled for October 18-19. So, Russian entrepreneurs have decided that Elon Musk should definitely join them.
An official impeachment enquiry has been started against President Trump and there are concerns about what this news and the possible timeline of events, could do for stocks. Should investors be worried?
The US Securities and Exchange Commission (SEC) has delayed its final verdict on the Bitcoin exchange-traded fund (ETF) that is backed by investment firm Wilshire Phoenix. The rule change proposal is currently being evaluated.
30 famous brands will launch support for Bitcoin payments in France. Among them are sportswear giant Decathlon, sneakers emporium Foot Locker, cosmetics store Sephora, design company Moustache and more.
Bitcoin sees a massive 15% price drop in a flash crash on Tuesday, as the world’s largest cryptocurrency slips below $8500. Analysts point at the waning institutional interest and slow launch of Bakkt.
Today, on September 24, crypto exchange giant Binance has announced the launch of its arm in the U.S. market. Binance.US is finally opened.