Markets

Terra Virtua is the purveyor of robot characters called vFlects, 3D animated designs that interact in an online environment.A company that has made its bones on animated intellectual property is partnering with a leader in conceptualized NFTs to offer a very unique collectible ecosystem for this newly emerging market.Non-fungible tokens or NFTs represent a major new force in fintech, around the blockchain ecosystem. Just as blockchain immutable ledger technologies can support verification for...

Customers of both Euronext and Borsa Italiana Group will now benefit from the larger size of the new group.Euronext has announced the completion of its $5.3 billion acquisition of Borsa Italiana from the London Stock Exchange Group. The European exchange Operator revealed on Thursday that the deal went ahead after all condition precedents were deemed satisfactory by both parties. Chief Executive of Euronext, Stéphane Boujnah speaking after the announcement stated that the “significantly...

Despite Ethereum’s increasing price, the Canadian TV personality and well-known investor Kevin O’Leary predicted ”it’s always going to be N.2” to Bitcoin. Mr. Wanderful also opined that the first-ever cryptocurrency will serve as gold, while ETH will be silver. Ethereum’s Rally vs. O’Leary’s Forecast The second-largest cryptocurrency has been blooming recently. Its price reached an ATH today and traded at around $2,800. Relative to bitcoin, ETH has significantly increased its...

By the time of writing, ETH has set a new ATH at over $2,797 with a market cap of over $320 billion. While the leading digital asset Bitcoin is famous for being equated to gold, Ethereum (ETH) has now been able to overtake the market cap of another precious metal. Per available data, ETH is now the 33rd most valuable asset in the world, surpassing platinum, a highly valued metal on its way up.Ether was able to achieve this when it broke its previous ATH and setting a new record above the...

During the first quarter, Shell company managed to reduce its debt by $4 billion to $71.3 billion. The Royal Dutch Shell Plc (NYSE: RDS.A) stock was up approximately 1% during Thursday’s pre-market and was trading around $39.50. Shell stock closed Wednesday’s market trading at $39.08, up approximately 1.45%. The spike was attributed to the first-quarter earnings results that ostensibly beat analysts’ estimates.Notably, the Anglo-Dutch company reported its adjusted earnings per share of $3.2...

The central banks of China, Hong Kong, Thailand and the UAE have also joined forces to create their own digital currency initiative.The global crypto market is a vast and lucrative space, and one that boasts a total market capitalization value of $2.22 trillion.While Bitcoin (BTC) continues to dominate this space and accounts for more than 50% of the total market cap, new crypto assets are being developed every single year, creating a more diverse sector that drives widespread adoption across...

Launched in 2021, Dtrade, a new feature product of Decoin Exchange, aims to ease new and existing traders’ journey in crypto via an innovative and transparent social trading platform.The cryptocurrency market crossed the $2 trillion mark earlier in the month as FOMO, institutions, and stimulus money flowed into the industry at proportions never seen before. This sudden upsurge in the market is bringing in new retail investors looking either to make a quick buck or join in the “financial...

Although the Federal Reserve earlier mentioned continued inflation coupled with a recovering economy, the bank had decided to keep interest rates unchanged. The Federal Reserve has maintained its short-term interest rates near zero. The Fed’s decision came even though the bank had earlier acknowledged that the economy is accelerating. CNBC further revealed that the Federal Reserve buys a minimum of $120 billion of bonds monthly.According to the report, the purchase of the bonds is based on...

The surge in Facebook revenue in Q1 can be attributed to a 30% rise in the average price per advertisement. The American social network Facebook Inc ( NASDAQ: FB) has recorded a 48% increase in its revenue for the 2021 first quarter (Q1) earnings report which does not include any Bitcoin investment. The company announced the $26 billion revenue gain in a report published on the 28th of April. Following the earnings announcement, FB stock climbed more than 7% in the pre-market...

EOS tested the $4.50 and $4.60 support levels against the US Dollar. The price is currently trading well above the $5.50 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a strong increase if there is a clear break above the $6.00 and $6.10 resistance levels. EOS price is signaling a positive move above $5.50...