Markets

Amazon streaming hours on Prime Video are up 70% year-over-year and therefore, Luna is expected to positively impact sales.Amazon.com Inc (NASDAQ: AMZN) will make Luna, its game streaming service, available to its Amazon Prime subscribers on Amazon Prime Day (June 21 and 22). This has opened up grounds for added sources of revenue and increased stock valuation for the company.Last September, 37 analysts offered a 12-month share price target of $3,732.29 on average, with forecasted lows and...

Given that bitcoin has endured such a sharp drop, is now the time to buy? This is a question that several renowned financial analysts – including Michael Binger, president of Gradient Investments and Gina Sanchez, CEO of Chantico Global – have been trying to answer. Bitcoin Still Remains Quite Vulnerable to Price Swings Bitcoin initially rose to a new all-time high of approximately $64,000 per unit in mid-April. However, from there, the world’s number one digital...

The Stellar Development Foundation is more focused on building its protocol than the market conditions, said the organization’s Senior Director of Enterprise Ecosystems, Lisa Nestor. In an exclusive interview with CryptoPotato, Nestor also spoke about Stellar’s latest developments. Stellar USDC Accessible Savings Products The blockchain-based network for currencies and payments recently announced a significant milestone achieved by partnering with the payment processor –...

[PRESS RELEASE – Singapore, Singapore, 15th June 2021] After the successful STAK token sale, Lemonade to hold its first IDO launch, DePo on June 17, 2021Lemonade, a DeFi token launchpad governed by the Jigstack DAO, is excited to announce the IDO of DePo. The DePo whitelist process starts June 17, 2021, whereas the public sale final date will be disclosed in the coming days. DePo streamlines the crypto experience for users. It aims to be the first multi-market aggregator in...

[Featured Content] The sector of decentralized finance (DeFi) is undoubtedly one of the hottest topics in the past couple of years. And it can’t be any other way, given the explosive growth of the field. The current value locked in various DeFi protocols exceeds $60 billion. While this may not seem like a tremendous number given the sky-high valuations in the overall crypto market in 2021, the DeFi TVL was less than a billion just a year ago. This highlights the tremendous...

[Featured Content] Blockster, a network for cryptocurrency enthusiasts, will soon be launching with its own native token (BXR) used for advertising and staking on the platform. It’s been over a decade since cryptocurrencies were born, and crypto enthusiasts will stop at nothing to increase their return on investments as the sector grows. However, despite the rapid pace that blockchain is impacting several business sectors, social media is lagging behind. Blockster is...

Michael Saylor’s initiative to continue buying more and more bitcoins makes no sense, argued the full-time BTC basher – Peter Schiff. Following the latest development coming from MicroStrategy, in which the company outlined plans to allocate another $1 billion in the asset, the prominent economist called Saylor “truly insane.” Schiff to Saylor: Truly Insane If you have followed the cryptocurrency markets even vaguely in the past year, two names should be popping out as the...

Brane Capital has revealed its plan to go public via the TSX exchange by end of the year 2021.Brane Capital, a major cryptocurrency player, announced that their plans are underway for a public listing before 2021 ends. If the plans materialize, Brane’s Capital will be the first qualified Cryptocurrency and digital assets player from Canada. Once approved, the digital asset startup will provide financial services and solutions to Canadians and even institutions in a market mainly dominated by...

Six giants of the insurance world tread into the growing market of cryptocurrency by acquiring profit from the stocks of Grayscale Investments, the daughter organization of Digital Currency Group.According to S&P Global Market Intelligence, six major insurance corporations procured shares of crypto investment goods floated by Grayscale Investments, the world’s largest digital currency asset manager. It is also a subsidiary of Digital Currency Group, the Bitcoin and blockchain industry...

While anticipations are high, billionaire hedge fund manager Paul Tudor Jones warns that a wrong move or comment from the Fed Chairman Jerome Powell could spark a sell-off in risk assets. The broader United States stock market took off the week with impressive gains as the Nasdaq Composite (INDEXNASDAQ: .IXIC) attained a new all-time high (ATH). The tech-heavy benchmark closed Monday’s session with a growth of 12.54%, adding 1,579.08 points to close at its highest level of 14,174.14 in the...