Crypto news

The broader cryptocurrency market failed to chart any notable changes in the past seven days, with the total capitalization remaining more or less what it was back then. This comes on the back of slight volatility in between, but nothing that could have been sustained. That said, there’s an obvious exception in the face of the freshly-minted and now-trending PEPE coin. Let’s dive in. Bitcoin is trading more or less where it was exactly seven days ago – at $29K. The...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Assets like bitcoin and Ethereum have soared in recent weeks, and the sudden bull run is causing many big financial players – such as Fidelity and BlackRock – to increase their stakes in the crypto space and try to do more with digital tokens. Bitcoin Could Give Rise to Further Tokenization The bull run has...

The announcement from Binance seems to have caused some excitement in the market as PEPE saw a surge of over 40%, while FLOKI increased by over 60%. Binance, the world’s largest cryptocurrency exchange, has confirmed the listing of Floki Inu (FLOKI) and PEPE in the Innovation Zone on its platform. According to the firm, a listing fee of 0 BNB applies to trade pairs featuring the duo of FLOKI and PEPE. As per a published statement, Binance also ascertained that by the latter part of today,...

Due to its commendable Q1 2023 streaming numbers, Warner Bros. Discovery expects its streaming business to stay profitable this year.  On Friday, May 5, Warner Bros Discovery (NASDAQ: WBD) reported its Q1 2023 earnings before the bell that came in mixed. For instance, the media and entertainment giant reported a significant overall loss despite raking in profit from its streaming endeavors. Warner Bros. Discovery lost $930 million in quarterly free cash flow even though its...

The central bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. In a notice on Thursday, May 4, the Reserve Bank of Zimbabwe (RBZ) invited financial institutions and individuals to subscribe to its upcoming gold-backed digital currency. As per the initial plans, the gold-backed digital tokens will be available to investors starting May 8. The central bank also plans to sell these tokens at a minimum price of $10 for individuals...

This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Tron. Ethereum (ETH) This week, Ethereum has retested the support at $1,800. Buyers showed strength and did not allow the price to fall lower, which is why ETH is found at a similar level to last week due to low volatility. The current target for this cryptocurrency is $2,000, which is also a key psychological level. In April, ETH managed to break above it but quickly lost ground once sellers took over...

Neues Bitpanda Spotlight-Listing: Pepe (PEPE) Bitpanda Spotlight bietet Früheinsteigern und Trendsettern Zugang zu neuen, schwer auffindbaren und schnell wachsenden Kryptowährungen auf einer stark regulierten und sicheren europäischen Plattform. Bitpanda listet nun den neuen PEPE Token und schreibt an seine Kunden: Pepe (PEPE) im Rampenlicht Pepe ist ein Ethereum-basierter Token, der nach der Zeichentrick- und Memefigur Pepe der Frosch benannt ist....

Following months of repeated price cuts, Tesla has raised the price of some of its EV offerings in China to remain competitive.  Tesla (NASDAQ: TSLA) has hiked the price of its new Model S and Model X electric vehicles in China by 19,000 yuan ($2,751). On Friday, the company’s website reflected the product price increase, which comes on the heels of price hikes for its other cars. Tesla Models S and X EVs to Sell for 808,900 Yuan and 898,900 Yuan in China As it stands, Tesla’s Model S...

Adidas has failed to give an explicit plan of what it is going to do with unsold Yeezy stock. The Q1 2023 sales performance of Adidas exceeded expectations despite its terminated partnership deal with Ye, formerly Kanye West. Adidas announced an operating profit of 60 million euros, surpassing analysts’ expectations of 15 million euros. However, due to the loss of Yeezy sales, higher supply chain costs, and discounts, Adidas’ gross margin fell to 44.8%. Adidas in Q1 2023 Though the sale...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Three computer scientists in Germany have established a new crypto-based, non-profit company in Switzerland called Zero Sync Association. The goal is to help scale bitcoin using what are known as zero-knowledge proofs (ZK-proofs), which have already been hard at work through networks like ETH. Zero Sync Wants...