Markets

Easily the largest e-commerce platform in the world, Amazon has decided to give its customers a new cash-focused way to pay for their online shopping even as the world moves into cashless transactions. According to an official press release, Amazon PayCode will now be available to residents in the US who will be able to pay for already-made orders on Amazon.com, at one of many physical Western Union branches nationwide.The partnership between Amazon and Western Union kicked off a few months...

EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar.The price is currently correcting gains and declined below the $4.000 support area.There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline further to test the $3.650 support area before it starts a fresh increase.EOS price is currently correcting lower against the US Dollar and bitcoin. However,...

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

Der Widerstand war zu groß. Der Markt bewegt sich wieder in eine Bärenphase, wobei jedoch noch nicht klar ist, ob der Support hält oder ebenfalls in den nächsten Stunden die Segel streichen muss. Insgesamt verlor der Markt satte 10 Milliarden US-Dollar in weniger als 24 Stunden.Bitcoin News: Bitcoin fällt wieder unter die Marke von 10KSelbst eine kleine Erholung des Kurses um 300 US-Dollar konnte den Bitcoinkurs nicht wieder über die Marke von 10K heben. Weniger als 9.600 US-Dollar war der...

The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...

Litecoin price climbed higher recently and tested the $80.00 resistance area against the US Dollar.LTC price is currently trading above the key $72.20 support area, with positive signs.There is a major bullish trend line forming with support near $70.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is trading above the $70.00 and $72.20 support levels.Litecoin price is currently correcting gains below $75.00 against the US...

As the stablecoin race catches up, cryptocurrency exchange Binance wants to position its Venus stablecoin more aggressively. Taking a dig at Facebook‘s Libra, Binance said that the Venus will be a government-friendly alternative to the Libra Coin.Last month in August 2019, Binance unveiled its plans to launch stablecoins and other digital assets pegged to fiat currencies across the globe. This initiative is part of the company’s plan to form major partnerships and alliances with global...

Photo: UnsplashA new Vegan focused exchange-traded fund (ETF) was launched on the New York Stock Exchangenew yor on Tuesday the 10th of September. Dubbed the U.S. Vegan Climate ETF with the code VEGN, the ETF costs 60 basis points for interested participants and it is the first vegan and climate oriented ETF that has been ever launched.Initiated by Beyond Investing which is itself a vegan and anti-animal investment service, the new ETF boasts of more than a few major holdings including...

Things aren’t so great in the FedEx camp at the moment as the express shipping and logistics firm fell short of expectations on Wall Street for its first fiscal quarter of the year, which ended in August. This has led the firm to also lower its general expectations for its possible earnings for next year to between $10 and $12 in earnings per share. Due to this, FedEx stock’s (FDX) after-hours trading fell more than 9%.Based on the report posted for the quarter, the company reportedly pulled...