Tag Archives: News

It’s happened, folks. After roughly two months of waiting, bitcoin (BTC) – the world’s most powerful cryptocurrency by market cap – has jumped past the $8,000 mark.Bitcoin Is Heading for the StarsThis is not only good news, but it’s a testament to the coin’s resilience and maturity. According to Bloomberg’s 2020 crypto outlook report, bitcoin is edging its way closer to being considered “digital gold,” as many analysts and enthusiasts have referred to it over the years. While there are still...

Shares of techno giant Apple Inc. jumped to another record high on Wednesday, and have doubled over the past year. The company’s report on its app store sales said that App Store sales reached $1.42 billion between Christmas Eve and New Year Eve.This represents a 16% increase from the same holiday-season period a year ago. Just on New Year’s Day, App Store customers spent a record of $386 million in just one day. That is 20% more than the case was last year.The App Store started with its work...

The largest electronic commerce company in South Korea Coupang Corp. is launching IPO (Initial Public Offering) in 2021. The company has declined to provide any comments on the news, but those familiar with the matter state that the information is accurate.It is notable that some consider Coupang as an unprofitable company. However, it attracts investors and expands its services. It is also seen as a strong rival by South Korea’s biggest food delivery app Woowa Brothers Corp. that sold an 87%...

Equity futures in the U.S. along with shares in European and Asian markets have begun to rise again. This is the desired response as some calm develops with the ongoing tensions between Iran and the U.S.President Donald Trump, in a speech delivered yesterday, suggested that the U.S. will be tuning down the conflict. Regardless of the somewhat repeated attacks at the U.S. embassy in Baghdad, the Trump administration seems to prefer calm to chaos.Conflict began days ago when the U.S. admitted...

Siam Commercial Bank (SCB) wants to develop a mobile application that runs on Ripple. The 112-year-old bank has around 16 million customers and they want to deliver “happiness and smiles” to their customers. Not really sure how a banking app can cause smiling and happiness, but SCB’s SVP of Commercial Banking, Arthit Sriumporn believes that it can be achieved by partnering with Ripple.Alright, putting jokes aside, let’s look at the results of a recent survey by PwC. They have found out that...

Walmart’s new shopping platform might be the next big thing. America’s largest retailer has been testing a new shopping platform. The platform referred to as Alphabot has begun trial testing at a supercenter in Salem, New Hampshire. The aim of Alphabot is simple. Grocery shopping can be a chore for many. Automation of the process saves time. Customers’ needs may vary. And Alphabot is a system to automate all customer’s needs. Human interaction is necessary only at the end of the selection...

You have probably heard of an Australian online design platform Canva and even used it to create graphic designs. But have you known that Canva’s founder Melanie Perkins is one of the youngest female CEOs that leads a $3.2 billion business? Here we are going to tell you the story of Melanie Perkins’ success and show how a dream cherished in high school can come true and totally change one’s life.Melanie Perkins was born in Australia. While attending Sacred Heart College, she started her first...

Airbnb, DoorDash, and GitLab are among 18 unicorn companies that are set to run an initial public offering (IPO) sometime in 2020. The expectation for a more definite announcement at some point this year, already means that there is more than enough to anticipate in the financial clime. While there will most likely still be more public announcements, these 18 are already making the rounds.The market for initial public offerings in 2019 was a little disappointing, to say the least. Compared to...

QuadrigaCX creditors’ claims have caught the eye of Argo partners. Argo Partners is a New York investment firm whose niche includes creditor’s claims, bankruptcies, insurance liquidations among others. Sources indicate that the investment firm is already communicating with impatient creditors. Ernst & Young that is the court-appointed bankruptcy trustee is still sorting things out. The death of Gerald Cotten in India has complicated things further.Zeeshan Aziz who is the co-manager for...

At the hour of composing, Ethereum is drifting underneath about 3% at its ongoing price of $138.51, which denotes an amazing diminishing contrasted with past daily highs of $148, which were set at the highest point of prior day’s rally and latest intraday high of $141.38.It is essential to see that Ethereum is very momentous up from weekly lows of $126, anyway it’s most recent advancement is by all accounts in danger of an inversion as bearish sentiments increases.The Ethereum bulls...