Markets

While a lot of automakers are making their debut in the green electric vehicle space, the aim of Daimler is to snatch a sizeable market share from Tesla that is a market leader.German multinational automotive company Daimler AG (ETR: DAI) has unveiled its new 2022 Mercedes-Benz EQS electric vehicle, marking its foray into the growing EV industry. As reported by CNBC, the EQS will be a part of the automaker’s large S-Class car family when it arrives in U.S. showrooms in the fall.The product...

Having adopted the largest digital asset, Bitcoin, PayPal can expect PYPL stock to rally alongside the ongoing crypto bull market.PayPal Holdings Inc (NASDAQ: PYPL) stock continued with its meteoric rise on Thursday after closing the day trading at $274, up 2.54%. PayPal stock added over 144.97% last year, thanks to the increased adoption of digital payments around the world. Besides, the payment giant announced plans to incorporate the crypto industry led by Bitcoin in its platform.PayPal...

This week was quite bullish for the entire cryptocurrency market. Bitcoin charted a fresh all-time high and so did a lot of other cryptocurrencies. Altcoin season is booming as the BTC dominance continues to decline. Bitcoin Bitcoin saw a 4.2% price hike this week as the coin currency sits at around $60,500. BTC had surged higher throughout the week and set a new ATH at around $65,000 on Wednesday. Unfortunately, it could not close a daily candle above resistance at $63,766...

Binance announced the completion of the 15th BNB burn earlier today of just shy of 1.1 million tokens. Although the amount in coins has substantially declined compared to the past several such events, it set a record in terms of USD with almost $600 million.  The announcement from the Malta-based cryptocurrency exchange from earlier today reads that the company has completed the 15th quarterly BNB token burn “in accordance to the Binance whitepaper.”  The amount of coins...

Cathie Wood’s Ark funds has purchased a total of $352 million worth of Coinbase shares, two days after making its debut on the Nasdaq stock exchange under the ticker, COIN.  Ark Funds’ COIN Acquisition Spree Citing data received by email, Bloomberg reports today that Wood’s funds, including the Ark Innovation ETF, Ark Fintech Innovation ETF, and Ark Next Generation ETF together added 341,186 COIN to their holdings yesterday.  This is the second investment in a roll that...

There are no boring days in crypto. Today, the popular meme coin DOGE skyrocketed to new a new ATH at $0.3. With its mind-blowing surge, Dogecoin became the eighth largest crypto by market cap and surpassed giants like Motorola and Delta Airlines by that metric.  Dogecoin has always been able to grab people’s attention, and the past week or so is no exception.   DOGE traded at $0.06 on April 10th but, and there’s no other word to explain this better, exploded in value in the...

After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish week in which it finally overcame $60,000 and went on to register consecutive all-time highs. Following the latest one at just shy of...

Créé en 2015 par Nicolas Katan, Ugo Mare et Simon Potier, avec le soutien de l’incubateur parisien The Family et d’un fonds d’investissement suédois, la société Bitit permettait d’acheter des bitcoins contre des euros. Les fondateurs ont annoncé hier la fermeture de la plateforme, en plein bull market, en raison de « difficultés opérationnelles et règlementaires ». L’achat et la vente ont été...

Hours before Coinbase IPO the whole cryptocurrency market went green in anticipation of a giant bullish marathon.However, this never happened and many currencies headed downwards, adding fuel to the fire Coinbase announced the initial stock price $150 higher. Nevertheless, today the crypto market resumed the daily routine of impulses and corrections, with DeFi coins leading, and here are the top coins to watch.UtrustAs more merchants are jumping into crypto-space, Utrust is one of the best...

As bitcoin hits a new all-time high this week of just under $63,000 per unit, it appears that several members of Congress have different feelings towards the world’s number one digital currency by market cap. Kevin McCarthy – the House Minority Leader and a Republican from California – has reported that he is a fan of bitcoin, and that the U.S. government needs to wake up when it comes to implementing the appropriate regulations. Kevin McCarthy: The U.S. Is Losing Out In...