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Tag Archives: Editor’s Choice

XRP is a Security that Helps Ripple to Expand, Says Crypto Expert

Ripple Labs’ XRP token seems to have again come under scrutiny as popular crypto influencer and crypto investor BitLord went after the cryptocurrency token in a tweet describing it as a security. That’s an allegation which Ripple Labs has gone to great lengths to deny and also to put at bay due to the serious nature of the repercussions of such. This comes after sources indicated that Ripple completed its investment commitment in Moneygram as it now holds about 10% of the common stock of the...

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Best Time to Accumulate Gold and Bitcoin, Says Crescat Capital Analyst

Although the stock market has been hitting new highs, analysts have warned investors to stay cautious during these times. Otavio Costa, an analyst at Crescat Capital said that it is the ideal time for investors to buy and accumulate gold.In an in-depth analysis, Costa explained that the Treasury Yield Curve spreads have moved past the critical 70% threshold. Citing historical patterns, Costa advises investors to liquidate their stocks and instead buy gold for the next two years.History...

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Apple Projects Over 100 Million Sales of iPhone 12 with Introduction of 5G

It appears that Apple Inc., the maker of the popular iPhone series has indicated a forecast of more than 100 million sales of its next iPhone (iPhone 12 line). Sources indicate that the Cupertino California giant has been informing its partners within its distribution network and supply chain to expect this amount to come next year. Already though, iPhone 11 and iPhone 11 Pro sales are expected to be in the region of 80 million units though an increase in this amount will definitely indicate...

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Vitalik Buterin Highlights Achievements and Fails of the Cryptocurrency Industry

Vitalik Buterin, co-founder of Ethereum, divided the problems into three major categories. The first one is the cryptography related stuff that hasn’t been solved. Despite the industry’s rush to achieve new levels of privacy and scalability, the most important goals are still in progress. The second one is consensus theory, which makes it easy to change and upgrade mining (Proof of Work) and staking (Proof of Stake) algorithms. And finally, Vitalik explains how incentives are essential in...

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Elon Musk Indicates that Cybertruck Received 200,000 Orders, TSLA Stock Is Slightly Up in Premarket

In what seems to be a comeback for Tesla’s Cybertruck after a mishap involving the breaking of its windows which was supposed to be “unbreakable” CEO Elon Musk has indicated that the electric automaker has received about 200,000 orders so far.However, TSLA stock hasn’t reacted seriously. In premarket it is 3.47% up, however, at the close, it was -6.14%.While Musk didn’t distinguish between “pre-orders” and final “orders” where people have committed to purchase the Cybertruck, the interest in...

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Libra Would Be Registered as a Security in the U.S. after Legislative Overturn

Congress Representatives were unhappy with Zuckerberg‘s attitude on his last hearing within a building of the House Financial Committee Services. Previously, Mark claimed that his company would not be trying to undermine the existing dollar-based economy. Yet, he wants Facebook to have its branded currency no matter what, working all over the Earth, with 200 million people as the “ready to go” audience. And even if the EU, Asia-Pacific and other tech-savvy gigs start developing much better,...

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Tesla Unleashed Its Futuristic Cybertruck but TSLA Stock Gained Just Slightly

After years of teasing, they have finally done it. Tesla has unleashed its futuristic Cybertruck. Cybertruck is its real name and it does not resemble any other real truck in existence today. However, despite all the excitement during the launch, the TSLA stock just responded slightly gaining around 0.74% currently trading at $354.83.With an angular design that almost resembles Christopher Nolan’s Batmobile, Tesla’s Cybertruck is designed to be tough. It comprises of an “ultra-hard”...

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Apple’s Airpods Sales Estimated to Hit 60 Million by End of Year

Back in September, Apple released new products including the long-awaited iPhone 11 and its variations. In October, the tech giant released new Airpods Pro, with a few more features and more costly as well. Since the release, Apple has sold a lot more units than initially planned for in both cases and now, reports show that Apple is in for a bigger end of the year, especially with the Airpods.At the same time, Apple stock is climbing higher. Now AAPL is trading at around $262. Just to...

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Galaxy Digital Partners With Bakkt and Fidelity in Creating “Elderly” Bitcoin Funds

Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...

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