Tag Archives: News

Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...

Colgate-Palmolive Company said its net sales for the fourth quarter of the fiscal year 2019 stood at $4.02 billion, marking a 5.5% increase from the same period a year earlier. In the same time, organic sales rose by 5%.Earnings per share for the period hopped 7.2% to $0.75, while net income was standing at $643 million. Colgate-Palmolive’s Gross Profit Margin was 60.1% in the fourth quarter of 2019 versus 59.1% in the fourth quarter of 2018.CEO Noel Wallace said:“Colgate’s leadership of the...

Bitcoin cash (BCH) is undergoing a period of hardcore controversy.Bitcoin Cash Is At the Center of Major ChangeBitcoin cash is the famed result of a bitcoin hard fork that occurred in late 2017. Bitcoin (BTC) is the number one cryptocurrency by market cap and has given birth to a few digital kids along the way. BCH is among the first, and the currency has moved through the ranks to garner the number four spot on the list of industry’s top-performing cryptocurrencies.During its peak, the asset...

Popular freelance platform goLance has praised Ripple for making the payments of over 500,000 users a walk in the park, in what can best be described as a show of excitement. The company announced that Ripple’s On-Demand Liquidity, a cross-border payments solution powered by XRP, will officially be used to settle the payments of its users.The Painful Old WayLike most successful companies, growth is unstoppable. The same can be said about goLance, which has seen a spike in the number of its...

It looks like bitcoin and crypto is entering mainstream territory.Bitcoin Is Moving Up the Financial LadderAccording to a new report offered by CNBC, many financial advisors are now telling their clients that it’s important to be at least somewhat invested in bitcoin and digital currencies. While clients shouldn’t necessarily go crazy and throw all their life savings into the digital space, it’s important to have at least a little bit put to the side. They’re suggesting that customers hold a...

Tech and internet companies were the first that succeeded to reach $1 trillion in stock market value. However, the next U.S. companies that could join this prestigious clique are better known for something else. We are talking here about card companies as are Mastercard Inc. and Visa Inc.Take Mastercard for example. In its fourth-quarter earnings report, the company said that its GAAP earnings per share (EPS) surged incredible 138% in the fourth quarter to arrive at $2.07, while revenues...

Citigroup decided to make a little bit of difference for its wealthier clients by having a new digital robo-advisor who can help them create their own portfolio. Clients who have at least $50,000 in deposits or investments at the bank automatically qualify for the bank’s Citi Priority package of banking services. It is planned that this package incorporates access to an automated investing program.The program works like most robo-advisors. First, clients have to answer a few questions related...

Bitcoin is doing very well as of late. At the time of writing, the currency has jumped even higher and is now trading for just shy of $9,500. Perhaps the coin will hit $10,000 in the coming weeks…Bitcoin Is a King, but Cash Is Still a GodBut according to one source, bitcoin still doesn’t have the attention or the respect of cash. While this is to be expected – bitcoin is, after all, only about ten years old – cash still dominates the loan space. This is also to be expected, considering...

Tom Lee is a person who always gives positive price predictions when it comes to Bitcoin. But now, there’s a bunch of other people claiming that Bitcoin halving might be not good for the Bitcoin price dynamics.He thinks that the technical analysis, as well as the core principles of Bitcoin, show that the price should go up. His agency Fundstrat gains up to 193% of easy profits out of Bitcoin. Per Tom Lee:“Yes, 2020 should be great for Bitcoin. Because you got, number one the Halving happening...

In an article, titled “The Sign of a Stabilizing Market: XRP Utility” that was published on Ripple‘s official website on Thursday, January 30, 2020, the company revealed that financial institutions are already utilizing the power of blockchain and digital asset technology. And there are tangible results to prove it.Ripple, the blockchain firm that actively uses the popular altcoin XRP in its solutions, has been in the news for a while now. Following a number of positive developments that...