Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
ZoomInfo has repriced its IPO with a target to hit $890 million. This new projection is aimed at offering each share at $19 to $20 following boosted interests from investors.
Shares of Genius Brands continue rising ahead of the launch of its network brand “Kartoon Channel” later this month.
Hester Peirce, a U.S. SEC commissioner, has been nominated for a second term. She became a popular crypto advocate after her public objection of SEC’s disapproval of the Bitcoin exchange-traded fund application.
As traders eye the biggest quantitative easing program ever undertaken, Bitcoin could outperform the wider market in 2020 with investors scrambling to keep up with a rapidly evolving and uncertain situation.
In April, the U.S. unemployment rate grew to 14.7%, the worst since the Great Depression. In May, the unemployment rate growth was not as high as analysts predicted, and it seems the worst is probably behind.
Playtika has hired banking giants like Morgan Stanley and others to underwrite the IPO. Sources said that Playtika is looking to going public later this year or early 2021.
Ripple had a closed-door meeting with the central bank of Brazil on May 30 to discuss “institutional matters”. According to the financial institution’s website, its president Roberto Campos Neto had a video conference with Ripple CEO Brad Garlinghouse and three other representatives of the crypto firm.
After the industry data showing fewer job losses than expected, investor sentiment turns positive on account of reopening the economy after a long lockdown period. Some analyst think that the period of U.S. economic recession is over.
The acquisition talks between Western Union and Moneygram are going on. Here’s how Ripple Labs and XRP token can be affected by this deal.
The price of oil showed promise in the past few weeks when it became obvious that the global lockdown would be lifted. However, now the prices are falling.