Crypto EcoBlog
Revolut raised over $500 million in a funding round and saw its valuation achieve $5.5 billion. The company was also named as one of the most valuable fintech start-ups in Europe together with Klarna.British digital bank Revolut has tripled in valuation from the previous $1.7 billion to the current one $5.5 billion. This came after the company was involved in a fresh round of funding led by TCV, a silicon valley based company, where it raised $500 million.The fundraising was also backed by...
Read More »Ripple’s MoneyGram (MGI) Stock Down as Company Reports Weak Financial 2019 Results
MoneyGram International Inc, which is one of the major Ripple’s partners, has revealed that it had a bad fourth quarter of 2019, especially if compared to results in Q4 2018. The stock is in red.MoneyGram International Inc (NASDAQ: MGI) stock is trading at around $2.38 at the moment of writing which indicated that the stock has lost over 7% since the last closing. Ripple and MoneyGram International Inc are making significant moves to keep the service on the top of the remittance market. The...
Read More »Is Artificial Intelligence Poised to Come of Age?
Once AI has transformed into a lifelong-learning system across industries, individual users and big corporations alike will notice its more than dynamic insights.Artificial Intelligence (AI) in 2020 and beyond, with its seemingly limitless potential, is set to transform the world – or is it? To fully embrace and reap the rewards of this futuristic technological trend, industries as far afield as a business forecasting and online gambling security, predictive maintenance and customer service...
Read More »Masterсard (MA) Stock Drops 4% as Company Reports Coronavirus May Hit Its 2020 Revenue
MasterCard Inc (MA) stock dropped after the reports about the potential influence of the coronavirus outbreak on the company’s revenue. The stock price in the pre-market is $320.85.Mastercard Inc (NYSE: MA) stock dropped sharply on Monday after the bell rang. The 4% drop was attributed to the report given by the company regarding its 2020 revenue. According to the company, cross border travel and the cross border e-commerce growth that is being affected by the ongoing coronavirus, the...
Read More »Dow Jones Futures Rise Almost 300 Points on Tuesday after Monday’s 2-Year Record Crash
The Dow Jones futures plummeted quite terribly yesterday. However, today, it has gained almost 300 points on its way to recovery.The coronavirus is still a major problem not just health-wise, but for financial markets as well. All of the uncertainty, fear and doubt stemming from the outbreak which started last year, has caused very visible effects on the world’s stock markets. Yesterday, stocks crashed badly, signifying the market’s worst plunge in 2 years. Now, a rise can be observed as the...
Read More »Virgin Galactic (SPCE) Stock Rises while Market Is All in Red
Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.Virgin Galactic Holdings (NYSE: SPCE) stock has managed to rise slightly during the recent stock dip on the market. This dip occurred during a brief reign by the bears. The reason behind this was the issues surrounding the coronavirus. During the market stumble, SPCE stock had a reversal. The stock experienced an...
Read More »Ripple Transfers $54 Million in XRP to Mexico in One Week, Inks Useful Partnerships
Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.Ripple network sent 54 million in one week from the U.S. to Mexico, according to the reports. Such a big volume level pushes XRP price greatly, even though the recent downfall. With the company reaching the top 100 cross-border payment corporations chart, new horizons are...
Read More »Bitcoin Price and Stocks Lose Strength as Coronavirus Comes to Italy
The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.The Dow index, as well as top stocks, S&P 500 and Bitcoin price, have all started losing as coronavirus is conquering new territories. Even more, value vanishes since the virus reaches Italy: one of the world’s biggest travel and trading mecca. The COVID-19 also visits Iran, South Korea, Bahrain, Kuwait...
Read More »OneCoin Followers: How the CryptoUnit MLM Network Lures Into the Trap
Unfortunately, the crypto industry is still widely associated with illegal activities, scams and frauds. Though the measures are taken, such projects as CryptoUnit still exist.The scandal erupted around the OneCoin project reached its peak in the fall of 2019. According to the top management of the project, OneCoin was a cryptography-based digital currency, an analog of bitcoin. However, a targeted review revealed that a fraudulent scheme underlined OneCoin. First of all, despite the numerous...
Read More »Apple (AAPL) Stock Is Down 4.8% due to Coronavirus Fears, Is This the End of Its Bull Run?
Coronavirus is actively affecting the stock markets and Apple (AAPL) stock is not an exception. Yesterday, the stock lost around 4.8%. In teh pre-market, AAPL has started to gain.Apple Inc. (NASDAQ: AAPL) stock was down 4.8% at yesterday’s closing. This is indicative of many things. Analysts reportedly have many opinions about this recent drop. Some believe that the Cupertino California giant’s China sales which have dipped are the main reason. Others believe that this may be the end of the...
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