Tag Archives: News

XRP, directly the third-biggest crypto with an ongoing market capitalization of $8.8 billion, has plunged about 2% of its price, trading at $0.2000 at the hour of writing. The crypto reversed from the price level at $0.2255 arrived earlier this week, after announcing that Binance had added the token to the list of cryptos accessible for futures trading, with leverage up to x75.Also, in an ongoing discharge, Alloy Networks reported a completely independent token electrical transfer board. The...

Social platform Little Red Book is seeking a $6 billion valuation. The platform is reportedly in talks with investors to raise between $400 million and $500 million. It’s also worth mentioning that it has the backing of internet giants Alibaba and Tencent holdings.Xiaohongshu which means “little red book” has tried to release its app before now. The startup though has indicated that the app will be available for download to about 300 million users in app stores from July this year. It is also...

2020 could quite easily be a great year for FAAMNG stocks if things continue the way they currently are. FAAMNG comprises Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Netflix (NFLX), and Google’s parent company Alphabet (GOOG and GOOGL). These are the biggest tech and internet stocks in the world.FAAMNG Stocks in 2020A publication from The Arora Report shows the current money flow into these companies via their stocks. Dividing each stock into several data points, the table...

Recently, there appeared reports stating that American food delivery giant Grubhub is in talks with Walmart, Kroger, Albertsons, and Ahold-Delhaize. Some have rumored that the companies may acquire the leading food ordering and delivery company. The discussions around the news became even hotter after the comments of Brittain Ladd, ex-Amazon executive, and supply-chain consultant.Ladd said:“I have spoken with executives from each company (especially Walmart) and there is interest in acquiring...

Blockchain and IoT will manage climate change. This is what the KPMG blockchain lead believes. Arun Gosh has made a few blockchain predictions. Gosh has said that the interconnected ecosystem of devices called the Internet of Things (IoT) will work alongside blockchain solutions to solve the many issues that climate change has brought to the table. He said:“The convergence of these technologies is enabling organizations to accelerate environmental governance, with blockchain’s chain of...

On Thursday, January 9, Block.One appointed Salah Zalatimo as the CEO for its decentralized media network Voice. As per the announcement, Zalatimo will join the company and his new role on January 20..@VoiceSocial_ welcomes @Salafel, former @Forbes global Chief Digital Officer as CEO. https://t.co/kjzR2Acnbr— block.one (@block_one_) January 9, 2020Previously, Salah Zalatimo was working as the chief digital officer for Forbes. He joined Forbes four years back in 2015 after the acquisition of...

MakerDAO is standing out at the Consumer Electronics Show – CES 2020. This is because MakerDAO is the only digital asset with a stand at the event’s “digital money” section. The move shows that the company is doing everything it can to push adoption for the crypto. The digital money section, however, has other projects represented. They include digital wallets, one Bitcoin ATM firm and also a security firm. This made it a lot easy to stand out.MakerDAO Beams at CES 2020The project’s position...

Japanese billionaire Yusaku Maezawa has decided to check if money can make people happy in this world. To test that, the Japanese billionaire gives away $9 million (or 1 billion yen) to his Twitter followers. 1000 randomly selected users who retweet the post below may become lucky.ZOZOTOWN新春セールが史上最速で取扱高100億円を先ほど突破！！日頃の感謝を込め、僕個人から100名様に100万円【総額1億円のお年玉】を現金でプレゼントします。応募方法は、僕をフォローいただいた上、このツイートをRTするだけ。受付は1/7まで。当選者には僕から直接DMします！ #月に行くならお年玉 pic.twitter.com/cKQfPPbOI3— Yusaku Maezawa (MZ) 前澤友作...

Facebook’s CEO Mark Zuckerberg unveiled his vision for 2030, but also a whole bunch of decade-end aims for his social media Goliath, including an extensive “opportunity” for Facebook to “decentralize” finance and business.He wrote in a post:“Over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had.”As the reader could further see, in this vision are included Instagram...

Bitcoin cash price currently correcting gains from the $255 resistance area against the US Dollar.The price is approaching a couple of key supports near $227 and $225.There is a major contracting triangle forming with support near $232 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could dip towards the $225-$227 support area before it starts a fresh increase.Bitcoin cash price is slowly declining losing momentum below $240 against the US Dollar. BCH/USD could...