Nvidia (NVDA) stock rose 2.8% to $247.04 after the company announced the full release of its GeForce Now game streaming service, which has been in beta for several years. Now GeForce will compete against other similar services like Google Stadia. Nvidia (NVDA) stock market price shot up with a 2.8% rise in the wake of Wednesday, February 5. Such an increase has been observed after the company launched its flagship gaming service, GeForce. The stock has been trading on a horizontal...
Read More »TRON Price Analysis: TRX Spikes 7%, Can The Bulls Charge To $0.022?
Tron dropped to 15th on the market cap spot but now showing strength with 5.68% gainsThe key breakout level for Tron lies at $0.022 resistance against the US DollarTRX buyers show interest after remaining indecisive for about six daysMajor Resistance Levels: $0.022, $0.030Major Support Levels: $0.018, $0.016General SentimentFor the past few days, the entire crypto market saw a slight loss as a result of Bitcoin’s sideways movement. But now, most of the top altcoins are charging back with...
Read More »Tesla (TSLA) Pulls Stock Market Higher, Nasdaq Hits ATH, Dow Closes Up Over 400 Points
Tesla (TSLA) stock is in green. Moving higher, it is a real booster for the stock market. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have surged.We are just one month into 2020 as Tesla investors are riding with immense joy. So far, Tesla Inc. stock price has surged 100% since the beginning of the year in an unprecedented rally.Tesla’s stock has been soaring new highs ever since it announced its Q4 2019 beating street estimates. On Tuesday, February 4, the Tesla stock...
Read More »BitGo Allows B2B Crypto Trading from Custody Accounts
It has been announced that SettleBit financial solutions entered in a partnership with BitGo to provide a new Bitcoin custody service to its longtime supporters.Crypto custody provider BitGo is expanding its services. The institutions that use BitGo Bitcoin custody service now receive a possibility to trade digital assets right within it. This is done via API integration, where a client’s price offer instantly matches with the network soon after verification of incoming funds. During the...
Read More »Ripple’s XRP Underperformance in 2020 Is Highly Likely, Says Mike Novogratz
While some experts are rather bullish about the performance of Ripple’s XRP in 2020, Mike Novogratz believes that the coin will underperform again this year.XRP’s underperformance in 2020 is likely. It is the world’s third-largest cryptocurrency by capitalization. But by this moment, it has failed to meet expectations. Many in the crypto space are even wondering if the cryptocurrency token deserves mention. The past few years have been harsh for XRP price. Some experts are laying blame on...
Read More »Visa Is to Change Point-of-Sale System Fees for U.S. Merchants
Visa has announced some updates for merchants. Transactions on e-commerce sites will have higher rates, while retailers in certain services categories, such as real estate and education, will see fees decline.It got about the plan of financial corporation Visa to change the point-of-sale system for the U.S. merchants. According to the company, the move is the major system’s update through which Visa aims to persuade more people to give up using checks. Besides, the company is planning to...
Read More »Ripple’s XRP Price Is Up as BitMEX Launches Perpetual Swaps against U.S. Dollar
Just recently BitMEX has launched XRPUSD swaps. At the very beginning Ripple’s XRP price hasn’t reacted, staying stable. However, now XRP seems to be climbing up.The third-largest cryptocurrency by market cap XRP is now supported for perpetual swaps with the United States Dollar on the crypto derivatives exchange, BitMEX. The XRP price at first failed to react positively. It stayed at the same level. However, now the situation has changed. The price seems to be climbing up. BitMEX confirmed...
Read More »Samsung and Salesforce Participate In $35M Funding Round For Blockchain Company
Samsung Venture Investment Corp (Samsung) and Salesforce Ventures, recently participated in a Series C funding round for a blockchain company called Digital Asset Holding. This is its second funding round in two months, each raising $35 million.Samsung And Salesforce Invest In Digital AssetDigital Asset, the creators of the smart contract modeling language, DAML, announced yesterday the successful Series C financing round. According to the statement, the company raised $35 million, which...
Read More »Amazon Is a New Member of $1 Trillion Club after Months of Flirting
Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...
Read More »Snapchat (SNAP) Stock Drops 11% as Revenue Fails to Meet Analysts’ Expectations
Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...
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