MoneyGram is one of the major partners of Ripple. And it received good investments from it. In the last half-year, it got a sum of another $11 million.It appears that in the last 6 months Ripple provides to MoneyGram an additional $11 million in investments. These indications were reportedly noticed in recent filings with the U.S. SEC by MoneyGram. Last year Q3 and Q4 reports indicate remittances to MoneyGram by Ripple Labs Inc. The sums were broken down into $2.4 million in Q3 and $8.9...
Read More »Salesforce (CRM) Stock Drops, Company Buys Vlocity for $1.33B and Its Co-CEO Steps Down
Salesforce has acquired Vlocity, a provider of industry-specific cloud and mobile software built natively on the Salesforce platform, for approximately $1.33 billion. But Salesforce (CRM) stock is in red.An American cloud-based software company Salesforce.com Inc. (NYSE: CRM) announced it bought Vlocity for $1.33 billion – all cash.This interesting acquisition, however, didn’t come as such a surprise. Vlocity is a company that makes six industry-specific CRMs on top of Salesforce. Those are...
Read More »Conor McGregor to Appear on Blockchain-Based Collectibles by UFC?
UFC has signed a partnership with CryptoKitties creators to run blockchain collectibles with prominent UFC fighters such as Conor McGregor or Joe Rogan on Ethereum.The team responsible for CryptoKitties – the biggest Ethereum Dapp out there – is now working on a new entertaining product, together with the UFC.Dapper Labs, the creator of CryptoKitties, definitely knows how to bring the Ethereum powered products right to the wide audience. After releasing one of the most famous blockchain-based...
Read More »Whenever Bitcoin Halving Is Mentioned, BTC Price Rises?
It has been discovered that there is a correlation between Bitcoin price and mentions of the upcoming BTC halving in media outlets. The more mentions are there, the higher the price is.It seems that whenever some media informs the public about the upcoming Bitcoin halving, the strongest cryptocurrency tends to grow. The BTC halving event is getting closer and closer. That’s why there is no surprise that the number of mentions is growing. According to a popular countdown, there are only 76...
Read More »Virgin Galactic (SPCE) Stock Slides, Company Reports Greater Than Expected Quarterly Loss
Virgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results. The company did not meet the Wall Street’s expectations.Virgin Galactic Holdings (NYSE: SPCE), a space tourism company, has long stayed the winner in the extremely unstable market conditions. But following other tech companies, it has also admitted its defeat. While the whole market was in red, Virgin Galactic stock was rising. However, the soaring lasted until the company published its Q4...
Read More »Worst 2-day Slide in 4 Years, Coronavirus Wipes out $1.7 Trillion in U.S. Stock Market
The U.S. stock market is suffering from huge losses in its value due to coronavirus fears that have gripped investors. The U.S. stock market has received a huge blow due to the ongoing coronavirus outbreak (COVID-19) outside mainland China. In just two days, the sell-off wiped out more than $1.7 trillion from the market value, a rare case that was observed four years ago.According to an indices analyst, most investors who had their money in the stock market fled the riskier assets due to the...
Read More »Dow Futures Drop More Than 200 Points in Pre-market, No Comeback from 2-day Slide?
Dow Futures started brightly on Wednesday morning but reversed course through the early hours. Investors are waiting for updates on the coronavirus infections around the world, especially in China, South Korea and Italy.Last few days we were witnessing futures going pretty much down. Stocks on United States markets had really bad few days. As per our analysis most of them had lived through the worst moments in their last four years (some even five).Most of it we can “thank” to the coronavirus...
Read More »Disney (DIS) Stock Is Down 3% while Bob Iger to Step Down as Disney CEO
It has become known that Bob Iger is leaving his position of the Disney CEO, the DIS stock has reacted negatively to the announcement and is falling in the pre-market.Walt Disney Co (NYSE: DIS) CEO is stepping down. Sources indicate that Bob Iger has resigned from the top role in the entertainment giant yesterday. The announcement was made after trading hours. Disney (DIS) stock went into a dive after the announcement about the CEO. Bob has reportedly decided to step down to take up creative...
Read More »Bitcoin Price Plummets to $9,100 as Coronavirus Takes a Toll On It
Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100. That marked the second day of losses as global equities markets steeply corrected on the fears of the coronavirus spreading to more countries. As the price plunged violently, traders in...
Read More »Tesla (TSLA) Stock Dropped by Over $100 in Two Days amid Coronavirus Fears
Tesla (TSLA) shares are now trading at $782.42. The stock has gained 171% in the past 12 months, and the current downfall is quite painful for the company.Amid the spreading coronavirus fears, the situation on the market is worsening, with tech giants’ shares tanking. Even Tesla Inc (NASDAQ: TSLA) stock dropped greatly. The carmaker’s shares plunged by more than $100 in just two days. As we have recently reported, Tesla (TSLA) stock plunged more than 7% on Monday, closing down 7.5% at...
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