Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Ripple CTO David Schwartz has debunked all the talks about the company’s plans to replace XRP with Ripple Stablecoin (XRPSC).
Checks is one of the amendments on the XRP Ledger Protocol that have been around for long but is yet to achieve a majority vote to become functional on the Ripple network.
Of 20,247 new cars registered in the UK in May, 852 were Tesla Model 3. In April, Tesla Model 3 was the best-selling car in the UK as well. Following the news, Tesla (TSLA) stock is 0.84% up in the pre-market.
Though now Moderna (MRNA) stock is significantly below its ATH, Oppenheimer analyst predicts an 80% increase from the current level.
On Thursday, American Airlines (AAL) stock jumped 41% to $16.72 at the close, which is the biggest gain since 2013 when the company merged with US Airways. The jump followed the carrier’s announcement about boosting its capacity.
Facebook announced that it will not support all state-controlled media outlets in promoting their ads effective this summer ahead of the 2020 U.S. elections. FB shares are up 0.45% to trade around $227.30 in the pre-market.
The Nasdaq 100 index showed a sharp recovery after the market crash and made a new intraday record on Thursday. Analysts are turning bullish over the reopening of the economy with many saying that the worst is behind us.
Since COVID-19 first broke out, Revolut has reportedly asked over 50 Poland and Portugal-based workers to quit. Meanwhile, the company revealed a new version of its app that is aimed at enhancing user experience.
Сhangelly has added SOLO, the primary token of a securities tokenization platform Sologenic, to its expansive catalog of more than 160 cryptocurrencies available for exchange.
Elon Musk believes it’s time to break up Amazon. In a series of tweets, he called the company a monopoly after it was revealed that his book about coronavirus doesn’t meet Amazon guidelines for sale.