Crypto news

World Markets is an award-winning firm that offers global investment opportunities. Founded in 2003 as a precious metal dealer, this company has gained a reputation as a leader in the Bullion (Gold/Silver) investment industry and has since expanded its services to provide digital trading services from digital Gold, STOs and now to AI Managed Trading Accounts. With World Markets, both institutional investors such as private banks, funds, and HNW investors; and retail investors, can take...

After several years of failing to meet the excessively optimistic forecasts, Tesla Inc. delivered in 2019. The company continued its profitability streak in Q4. It earned around $105 million and generated $7.4 billion in revenue. That represents 56 cents a diluted share, compared with $140 million, or 78 cents a share, in the same year-ago period. These results beat expectations and sent shares flying in after-market trading on January 29.Most of the promises that the Chief Executive Elon...

Shell stock has dropped quite significantly for 2019, disappointing the company’s teeming investors. The company released the figures earlier today, explaining several reasons for the sad drop in its net profit. The Royal Dutch Shell company believes that several challenges revolving around macroeconomic instability and a drop in the value of oil and gas.Shell Stock Figures for 2019Shell says its profit calculated using the current cost of supplies (CCS), which is data calculated like general...

The United Kingdom (including London) fintech ecosystem has reached a new record of $4.9 billion in investment. And as a result, it has managed to secure its position for another year as the number one destination for European fintech investment. Only the United States has a better record, according to the recent report from City AM, London.Exclusive data from Innovate Finance has revealed that the UK recorded a 38% increase in venture capital and private equity investment into its fintech...

Facebook recently released its fourth-quarter earnings with interesting figures. The general report shows that on the plus side, the social media giant is doing better than expected. Facebook surpassed the majority of Wall Street estimates for the company. On the other hand, the report shows that the level of growth needs work and seems to be slowing down considerably.Facebook Fourth Quarter HighlightsFacebook’s figures show that the company now sees 2.5 active monthly users. This is a 2%...

Leading cryptocurrency exchange Coinbase has launched Coinbase Custody International Inc. to go ‘international’, as it aims to deliver better quality localized services across Europe and subsequently to other parts of the world.Coinbase CustodyThe company released an official statement via its blog early this morning announcing its new move to launch Coinbase Custody International Inc. which has been in incubation since last year following the company’s acquisition of an e-license to operate...

The U.S. based cryptocurrency exchange Coinbase has hired a former Google executive as a new Chief Product Officer (CPO). After over a month since the previous CPO left the company, the popular exchange has replaced him with Surojit Chatterjee.Coinbase Hires A New CPOIn December last year, Jeremy Henrickson left his position at the company as the Chief Product Officer. Coinbase announced yesterday that they are filling the vacant spot with the former vice president of product at Google...

EOS price gained pace and traded above the $3.880 and $4.000 resistance levels against the US Dollar.The price traded as high as $4.148 and recently corrected lower.There is a key bullish flag forming with resistance near $4.075 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to resume its upward move once it clears the $4.10 and $4.150 resistance levels.EOS price is trading in a nice uptrend above the $3.850 support against the US Dollar, similar to...

Bitcoin options are the institutional game with big people making big bets. At least this is how they present the product, but in reality, the options trading may be a risky venture with no predictable outcomes with very few users trying it out.Do you remember all those ‘Bakkt Rekkt’ memes wandering around smart Telegram channels? When Bakkt started its first product, nobody believed that it will succeed. However, the volume soared in the next couple of months, leading to the predictions that...

Andrew Yang, who is currently running for the 2020 US Presidency, sat for an interview with Bloomberg, and he shared his stance on the matter of cryptocurrency regulations. According to him, the country needs to provide more clarity. However, he ultimately thinks that legislation can’t stop people to buy Bitcoin.Andrew Yang On Bitcoin RegulationsThe US Democratic presidential candidate Andrew Yang spoke to Bloomberg about cryptocurrency regulations in the country.According to him, the US...