MicroStrategy stock (MSTR) has fallen a whopping 35% from its peak of $535, seen on November 21. The shares tanked to $340 on Tuesday before recovering to end the day’s trading at $353, according to Google Finance. The Kobeissi Letter reported on Nov 27 that this equates to around $30 billion in market capitalization erased...Read More
Fold, a popular Bitcoin financial services platform, has confirmed arrangements to become a publicly traded company on the NASDAQ stock exchange. The firm’s entry will add another tally to the growing list of public stocks that keep a large swath of Bitcoin directly on their balance sheet. Bitcoin Banking Gone Public Per a press release...Read More
Bitcoin miners are experiencing a significant drop in stock prices as the upcoming halving is slated for later this week. The fourth Bitcoin halving, around April 20, will slash mining rewards by half to 3.125 BTC, currently valued at approximately $200,000. Bitcoin Miner Stocks Decline The stock prices of Marathon Digital (MARA) and Riot Blockchain (RIOT),...Read More
Crypto custody and trading platform Bakkt has received a warning from the New York Stock Exchange (NYSE) regarding its non-compliance with the stock exchange’s listing rules. According to the NYSE, the platform has not been able to maintain its closing share price above $1 for the past 30 days, hence facing delisting risk. Bakkt Plans...Read More
Coinbase insiders seem to be disposing of COIN shares this December, with the co-founder Fred Ehrsam III appearing to be the most active seller, according to data from Insider Alerts. Several executives and top shareholders at the exchange have recently been selling company shares, with some following the trend set by Cathie Wood’s asset management...Read More
Comparing Bitcoin with the traditional asset class and commodity assets such as gold has been a common theme in 2020. However, while most assets were unable to compete with Bitcoin’s ascendency in terms of RoI, Tesla did it better. In fact, almost 3 times better. In order to understand the dynamics on a grander scale,...Read More
There is never a shortage of drama and speculation in the cryptocurrency world. Former Bakkt CEO Kelly Loeffler is now accused of insider trading. A lot of people are making good money during the novel coronavirus crisis. Former Bakkt CEO has Some Explaining to do Some may have done so due to insider information, including...Read More
Where to invest in 2020? TOP 5 directions. Where to invest money online or offline this year, how to “buy time” and receive interest even when you are not working? Where to invest in 2020 in order to receive monthly income, how best to do it, as well as several important recommendations from professionals in...Read More
Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment realms, Etoro has a unique insight into the health...Read More
2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created. In fact, Bank of America’s recent securities report...Read More
Bitcoin may be trading at prices that seem low in comparison to the crypto asset’s all-time high price or $20,000, or even its recent local high of nearly $14,000 but in reality, it’s the best performing investment of the last decade.Let’s see how the number one cryptocurrency by market cap, and even the number two...Read More
Global stocks surged on Thursday, driven by the US-China trade optimism. Elsewhere, British Prime Minister Boris Johnson’s historic win boosted the UK and European stocks. Markets have now become volatile, but what about Bitcoin? Let’s briefly analyze the two medium-term scenarios. Stock Rally Might Boost Investors’ Appetite for Cryptos Usually, Bitcoin has shown no correlation...Read More
While the creation of Bitcoin has spawned an entire industry of cryptocurrencies and blockchains that are used by individuals around the world, this nascent market remains small.Related Reading: Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital CurrencyAs Mati Greenspan, founder of Quantum Economics and a former eToro senior analyst,...Read More
Elon Musk tweeted about Porsche’s Taycan Turbo-electric sports car appearing to poke fun at the ‘turbo’ in the name. Twitter users pointed out that the Tesla CEO has his own history of using loose definitions. Yesterday we wrote of how four years after Porsche showed us the original Mission E concept, the 2020 Taycan is...Read More
While there is no concrete plan to make any specific crypto moves, an Apple Pay executive has just confirmed that the company is paying attention to the sector. Hopefully and at some point, Apple Pay will support cryptocurrency. Apple has not been very forward regarding cryptocurrency and blockchain technology in general. A recent report from...Read More
A database with personal data of hundreds of millions of Facebook users has been found online by a security researcher. Facebook has since taken it down, declaring that no accounts were breached. Facebook is in the middle of another serious problem of a security breach involving a feature that the company had disabled more than...Read More
Four years after Porsche showed us the original Mission E concept, the 2020 Taycan is finally here showing that there is a real alternative to the Tesla Model S that has ruled the large luxury electric sedan roost. It seems Tesla (TSLA) is getting some real competition and it just might help it. If this...Read More
Apple plans to borrow in the bond market for the first time since November 2017. The proceeds will go towards share buybacks, dividends, and other general corporate purposes. One of the most cash-rich companies in the world, Apple Inc. (AAPL) is getting ready to offer bonds for the first time in almost two years. As...Read More
The Zao app which is capable of swapping faces from video clips shot to the top of the app store shortly after it was released, pulling in millions of downloads. Now, concerns have been raised about possible use of the app for negative propaganda. A new Chinese mobile deepfake application that allows users very easily...Read More
Android 10 is now rolling out to Pixel phones and it introduces dark mode, new accessibility features, battery saving features and improved notifications. However, it can’t be expected to be seen on non-Pixel phone soon. In the sea of the newly released gadgets and their announcements, one thing is sure – if you have Google...Read More
As the trade war between the U.S. and China continues to rage, US stocks including the Dow Jones, Nasdaq and the S&P 500 are currently taking a hit affecting retail stocks with no current hope for recuperation. The fires heating up the trade war between U.S. and China which has been going on for quite...Read More
California’s state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times. Stocks of Uber and Lyft fell to their new lows yesterday what seems to be their lowest point since their IPO. The thing is, each day...Read More
If implemented, Facebook posts will no longer show the number of likes or reactions to a post. The user who created the post can see a list of people and their reactions, but a number won’t be displayed. Will influencers suffer another slap in the face? Just after Instagram said it plans to hide Like...Read More
Investor’s in Uber’s stock are currently anything but happy as its value has dropped from the initial $45 it started with to $32. What are the chances UBER will rise? Valued at $82.4 billion, Uber completed its IPO in May and started at $45 per share. The company which seemed to have been struggling with...Read More
According to the sources, the tech would utilize the Apple Watch’s motion sensor, heart rate monitor and noise detection to measure your quality of sleep. No other device will be needed. On September 10th, among its other products, Apple is expected to also show the new Apple Watch Series 5. Some rumors have been going...Read More
Photo: Xiaomi / Facebook The stock of the Chinese smartphone maker Xiaomi Corp seems to be answering to news of the buyback, its biggest, by climbing nearly 7%. Last week the company announced an HK$12 billion (US$1.53 billion) share buyback plan in a reversal of its cash-management strategy that is aimed at boosting its floundering...Read More
Facebook has finally gotten a partner app for Instagram dubbed ‘Threads’. This may be the app that will be the Snapchat killer. The question though is which direction is Facebook going in? Facebook (FB) is said to be developing a new application which is meant to be attached to Instagram. The new application called ‘Threads’...Read More
The We Company is looking to raise billions of dollars in its upcoming IPO. However, many potential investors are worried that there’s too much going on there that isn’t explanatory. Should you invest in WeWork? Founded in 2010, WeWork is a company in the business of creating fully set up workspaces for several interested entities...Read More
As iPhone unit sales have slowed, Apple was partially relying on higher prices to make up the difference. Consumers are now less tolerant of the premium prices phone makers want for their newest devices. Every day we are witnessing more and more doubts surrounding upcoming Apple’s new iPhone models. On September 10, Apple is should...Read More
Recently, Huawei announced that their new flagship phone line – Mate 30, will be launched on September 19, in Munich, Germany. The tagline for this launch event is “Rethink Possibilities”. Huawei just recently announced its new flagship phone line – Mate 30. The company tweeted a short loop animation along with a description on their...Read More
