Tag Archives: News

Morgan Stanley’s acquisition of E*Trade has caused a stir in the global investment community. E*Trade has been a leading online broker that has produced stellar results for the greater part of a decade.E*Trade financial group has been reported by sources to have about $360 Billion in assets. The deal which is estimated to be worth about $13 billion is Morgan Stanley’s largest since the last financial crisis in 2008.This will give the financial giant about 5 million new clients 4,000 of which...

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).These days, Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is the most frequently mentioned company in headlines of tech news. And hot discussions around its activity are no wonder as the company’s stock shows incredible movements. Virgin Galactic (SPCE) stock rises, with shares of the company nearing $40. The company’s stock has climbed 310% in the past three...

Bitcoin cash price declined recently below the $424 and $400 support levels against the US Dollar.The price is currently recovering above the $370 level after testing $350.There is a key declining channel forming with resistance near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $390 and $400 resistance levels.Bitcoin cash price is showing signs of a decent recovery from $350 against the US Dollar. BCH/USD must...

As part of the of its $2.31 billion worth of stock offering, Musk himself purchased 13,307 TSLA shares at a price of $767 per share worth a total of $10 million. Elon Musk raising his stake in Tesla is a vote of confidence for the investors.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) revealed the closure of its common stock offering in the open markets. Soon as the announcement came, the TSLA stock skyrocketed above $900 levels in just a few trading hours.In the...

Brazil won’t adopt RippleNet or XRP as the Central Bank has announced its own payment network with low fees, fast transactions and huge liquidity. The PIX coin starts off in Q4 2020.The Brazilian government has decided to implement a new almost instant payment solution, presumably called the PIX coin. It will shine in Q4 2020 via mobile devices and POS terminals, and they have no plans on adding Ripple‘s XRP.The project was developed by the Central Bank of Brazil and received the name PIX. It...

Thanks to Ethereum’s ERC-721 standard, here’s one more weird way of using blockchain to deliver customers an unforgettable experience. Sorare startup offers football clubs to deliver blockchain cards with the favorite players, buy and exchange them.Sorare is a platform that allows football clubs to identify themselves with blockchain movement and increase fanbase. Juventus, a famous Italian football club inks the deal with gaming startup Sorare. Now, the club participants like Cristiano...

Brian Armstrong is a man with a plan. From an early age, he showed a very entrepreneurial spirit in everything he did and he’s now exhibiting that same attitude, only on a much larger scale.Armstrong Is a Crypto PowerhouseAs the 37-year-old CEO of Coinbase – one of the largest and most popular cryptocurrency exchanges in the U.S. – Armstrong recalls a time when he wasn’t involved with digital assets, instead spending his time after university traveling and working remotely on an education...

For the first time in history, a major credit card company is working hand-in-hand with one of the world’s leading crypto exchanges. Visa has granted full membership benefits to Coinbase – one of the largest and most popular crypto trading platforms in the United States – and is allowing the company to begin issuing cryptocurrency-based debit cards to its customers.Coinbase and Visa – Together At Last?The cards are being released starting this month, though the partnership was initially...

Tesla successfully manages to raise $2.31 billion in a stock offering after the TSLA stock saw a massive run-up to above $900 levels on Wednesday, February 19. The company plans to use these funds by making investments in Europe.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) made an important announcement by closing its common stock offering. Just a week after its first announcement, the American automaker netted a whopping $2.31 billion in the offering.The company...