Markets

Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their...

Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...

XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday, as it posts an 8% intraday increase. The crypto markets have seen some bullish performance of late following the so-called Xi pump. Last week, China’s president, Xi Jinping, shilled blockchain technology, leading to a mass revival of bitcoin...

Photo: DeribitOn Thursday, October 31, Bitcoin witnessed a major flash crash to $9000 levels on two exchanges – Coinbase Pro and Deribit. On Thursday, at 19:55 UTC, BTC spot price crashed from $9260 to $9055 in a short span of time.Just within an hour later, futures and options exchange, Deribit saw BTC futures dropping from $9150 to $7720. However, in just a few minutes BTC price bounced back to $9000. However, this rapid price fluctuation in BTC caught traders’ attention as multiple orders...

The Robinhood investment app platform has just announced that its Robinhood Crypto feature has just added more U.S. states to its platform. Previously servicing 39 states, the 8 new additions now mean that Robinhood Crypto is now available to a total of 47 states.With Robinhood Crypto, users can trade seven digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin SV (BSV) Ethereum Classic (ETC), Bitcoin Cash (BCH) and Dogecoin (DOGE) all free of charge. The new state...

A reliable source published a Reddit post on October 30 stating that Diablo 4 will channel the same elements that developed Diablo 2 into a cult classic. The source has a known and undisputed track record. Thus, it is credited with a level of legitimacy that is mostly absent in other wild rumors.Previously, they correctly predicted Pokémon Sword and Pokémon Shield and Ghost Recon Breakpoint details way before official announcements. Daniel Ahmad, a respected industry analyst, posted on...

Bitcoin may have different names and “digital gold” is surely one of them. However, if it’s to believe Intercontinental Exchange’s chief executive’s words, it first has to start being used more in everyday business.ICE head Jeffrey Sprecher said on Thursday that the constant use in transactions is the crucial step for Bitcoin if it wants to be regarded as a long-term store of value. ICE’s Bakkt subsidiary, which recently (finally) started with its Bitcoin futures market, announced earlier in...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum, the digital asset technology group based in Singapore and Switzerland, announced today that it has successfully obtained a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS). The company recently received its banking and securities dealer licence from the Swiss Financial Market Supervisory Authority (FINMA)....

American multinational conglomerate General Electric has brought new hope for its investors after its announced strong Q3 results. GE has been struggling over the past three years witnessing a major slowdown in its output. In the last three years, the GE stock price has been on a constant downfall and corrected over 66%.However, under the recent leadership of Larry Culp, the multinational giant looks poised for a solid resurgence. After the company announced its Q3 earnings on Wednesday, GE’s...

Probably the largest digital currency exchange platform in the world Binance is reportedly going to set up post in China, with an office in the capital city of Beijing. When the Beijing office is finally launched, it will be the second Binance office in the country, after the one currently operating in Shanghai, China’s biggest city. The news came from anonymous sources in a Coindesk report and is not officially confirmed yet.Since there is no official word from the exchange, no one is...