Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Digital payment service provider TransferWise has increased its valuation to $5 billion and is now ranked among top European fintech companies.
Goldman strategists said that the fragile economic condition, with interest rate at an all-time low, and the uncertain political scenario, have added to the instability of the USD showing signs of real concerns for it to continue as the world’s reserve currency.
After the antitrust hearing was postponed to pay respect to the late Rep. John Lewis, D-Ga, the four U.S. big tech CEOs are expected to be grilled by Congress today.
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.
Ripple Labs’ Japanese partner SBI Holdings has set up its new S coin token platform. The platform works on the Corda blockchain.
For the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. This indicates that the biggest altcoin enjoys greater adoption, sending signals that speculators are backing Ethereum.
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.