Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Bitcoin is still dominant in the cryptocurrency space with data showing that it has staggering 140 times more daily active addresses than Ripple’s XRP.
Walmart has already started to gradually transfer its customers to the new Walmart app that now places 50% of online grocery orders. WMT stock closed in the green yesterday but declined in the pre-market today.
Moderna chairman Noubar Afeyan assured people of the company’s fidelity to statistical accuracy concerning its vaccine trials. MRNA stock price went up yesterday.
Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it will allow its employees to work remotely after the COVID-19 pandemic.
Investors have turned bullish on tech companies as COVID-19 could possibly change consumer behavior making them more online dependent. While Amazon accelerates its move in the gaming industry, Facebook makes a big announcement to step in e-commerce with Facebook Shops. FB and AMZN stocks are hitting new highs.
The three major Wall Street averages have soared on Wednesday. Dow Jones is nearly 400 points up. Stocks like Facebook and Amazon jumped as well, hitting new all-time records.
With the COVID-19 effect, Expedia revealed rather disappointing Q1 earnings results: adjusted net loss for the first quarter was $285 million, 545% up Y-o-Y. Additionally, the gross air bookings revenue for the company also tanked a massive 56%. However, EXPE stock is up now.
Amazon has introduced its first big-budget multiplayer shooter game called Crucible. This comes as the technology giant is seeking to enter into gaming big time.
A Bitcoin wallet first opened in 2009 has suddenly cashed out. 50 BTC was moved in one transaction, leading many to speculate on the owner’s origins, with some suggesting it could be Satoshi Nakamoto.
Cryptocurrencies continue rising slowly; as we can see, the bullish pressure isn’t going down.