Warner Music Group is now the latest high-profile company that has taken a decision to go for a public listing in 2020.American multinational entertainment and record label, Warner Music Group, has announced that it has filed a registration statement for an IPO to sell shares of its common stock which are proposed to be sold by certain of Warner Music Group’s stockholders.Warner Music Group became the latest big-name company to opt for a public listing since the turn of the year. The number...
Read More »Binance Allows Traders To Short Binance Coin (BNB) With 50X Leverage
The world’s leading cryptocurrency exchange has just announced its intentions to launch the BNB/USDT perpetual contract. This will essentially enable users to short BNB. Up until now, they only had the option to trade BNB on the regular spot exchange.Short BNB With 50X LeverageIn what seems to be a very interesting move, Binance has just announced that it will launch another perpetual contract to its futures platform. This time, however, the cryptocurrency exchange is launching its native...
Read More »Crypto Price Analysis & Overview February 7th: Bitcoin, Ethereum, Ripple, Tron, and Chainlink.
BitcoinBitcoin saw a 5% price rise over the past 7 days of trading as the cryptocurrency rebounds from support at $9,145 to meet resistance at around $9,815. With the 30-day 21% bullish surge, Bitcoin can be expected to break $10,000 pretty soon. Other cryptocurrencies are outpacing Bitcoin. However, this does not mean it cannot continue above $10,000.Once the bulls break $9,815, the next level of resistance lies at $10,000. Beyond this, higher resistance lies at $10,200, $10,430, and $10,707...
Read More »APPL Stock Is Under Close Watch as Coronavirus Outbreak Disrupts Apple’s Supply Chain
During the start of 2020, Apple asked its suppliers to produce nearly 45 million AirPod units in the first half of the year owing to high demand. However, suppliers in China have to shut down production due to the coronavirus epidemic putting breaks on Apple’s sales targets.The coronavirus outbreak in China has raised major concerns across the globe. The news of the virus spread over the last month is haunting global markets at this point. Even the world’s most valued company Apple Inc. is...
Read More »Bakkt Will Strongly Focus on Consumer Adoption in 2020, Says ICE CEO
ICE CEO Jeffrey Sprecher noted that Bakkt is the main booster for ICE’s growth and that the key focus for Bakkt in 2020 is consumer adoption.Bakkt, a company that is backed by the Intercontinental Exchange (ICE) which is also the proprietor to NYSE, will focus primarily on consumer adoption in the fiscal year 2020. This is according to ICE CEO, Jeffrey Sprecher who spoke during the Intercontinental Exchange’s Q4 earnings on Thursday, February 06, 2020.According to Sprecher, after Bakkt...
Read More »Fidelity’s VC Arm Invested $13 Million In His Blockchain-Based Startup: Clear’s Co-Founder Explains Why
Singapore-based blockchain startup Clear just raised $13 million in a Series A round of venture funding. Multinational financial services giant Fidelity facilitated the fundraise. Specifically, its investment arm, Eight Roads (formerly Fidelity Ventures), led the round. It makes sense that Clear went with Fidelity to help it raise venture capital.“Eight Roads is the investment arm that looks at strategic areas for Fidelity,” Clear’s co-founder and executive chairman Eran Haggiag told...
Read More »10 Most Important Companies to Know in DeFi
DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...
Read More »Binance Coin Price Analysis: BNB Soars 17% In A Week To Reach November 2019 Highs
Binance Coin saw a sharp increase of 9.8% over the past 24 hours as the coin rises to $21.50.Against Bitcoin, BNB has also increased to create a fresh 2 month high at 0.00219 BTC.Binance Coin has now climbed back into the top 10 ranked projects as it sits in the 9th position with a $3.33 billion market cap.Key Support & Resistance LevelsBNB/USDSupport: $20.75, $20, $18.50.Resistance: $22.70, $23.60, $25.BNB/BTC:Support:0.0022 BTC, 0.00215 BTC, 0.00212 BTC.Resistance: 0.00225 BTC, 0.00231...
Read More »Fairspin Blockchain Casino: 50 000 ETH of Winnings Secured by Smart Contracts
With nearly $10.6M of player winnings in a bit more than a year, the Fairspin casino is driving forward blockchain innovations in iGaming. The Fairspin blockchain casino entered the crypto and gaming spaces in late 2018 and claimed to be the ultimately transparent casino with gaming stats secured and exposed to everyone by smart contracts.A lot has changed since then. In 2019, the casino (formerly known as Fairplay) underwent a big upgrade that included an extended license from Curacao...
Read More »Tokenisation of Real Assets, MnI is Leading the Trend
Place/Date: - February 7th, 2020 at 10:09 am UTC · 3 min read Source: MnI In the digitalised era, under the increasing influence of blockchain technology, various Southeast Asian countries are holding positive attitudes to blockchain, with respective supporting policies, leading to a popularisation of blockchain technology in the business and public sectors. According to CVSource, the data sources in June 2019 shows that the blockchain industry in Southeast Asia has a relatively high...
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