Tag Archives: News

As far as the S&P 500 index is concerned, Amazon seems to have hit a new record this holiday season. According to a Bloomberg report, the e-commerce giant’s sale of “tens of millions” of Amazon products, cemented a “record-breaking” end of the year.Amazon S&P 500 RecordAmazon’s low-volume trading, shortly after Christmas, ensured its top spot on the S&P 500 as it jumped by 3.4%. As holiday shopping continued to increase, other stores including J.C. Penney Co., Macy’s Inc. and...

At the hour of composing, XRP/USD is changing hands at $0.1882, generally both unaltered since the start of Friday and on the last day. XRP has recouped from December 18 low of $0.1725; in any case, the further recuperation is by all accounts restricted by a mental obstruction at $0.20.It’s critical to recall that regardless of whether XRP can turn bullish temporarily, its long term trend remains quite terrible. The cryptocurrency has plunged over 60% over the most recent half-year and has...

The Russian Central Bank is testing stablecoins, which are backed by real assets. The testing is to occur within a regulatory sandbox that functions based on certain regulations. The Russian Central bank disclosed this recently when the Chairman Elvira Niabullina said:“We test stablecoins in our regulatory “sandbox.” Companies come that want to issue tokens secured by some real assets. We in the “sandbox” look at how they can work, but we do not assume that they will function as a means of...

Tesla‘s products build a cyberpunk future many people were waiting since the 20-century classic books. A regulatory file posted on Thursday claims that big Chinese lenders work with Tesla corporation on financing the first Tesla plant construction in China. Situated outside of the U.S., the plant will serve the Asian market with the cars that are of high honor among Chinese folks.By signing several deals, Tesla is trying to expand its manufacturing to the world’s largest automobile market....

According to the publication, the Autorité des Marchés Financiers (AMF), made these rules to expand on the PACTE law. The PACTE law, which initially went into effect back in May, went down in history as one of the foremost comprehensive legal frameworks to guide the crypto sector, in all of Europe.Compliance RequirementsThe new AMF laws have a few mandatory points that interested applicants must meet. The DASP must have a two-year business plan, with specific details on how the business will...

OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...

This follows YouTubes’ recent removal of Vitalik Buterin‘s “Roadmap” video as well. Sources say that a YouTube Spokesperson said that it had made “the wrong call”. Sources also say that the video-sharing giant said:“With the massive volume of videos on our site, sometimes we make the wrong call. When it’s brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the...

The Commonwealth of the Bahamas is the newest country to adopt its own digital currency. Starting today, residents of the Exuma district will have access to a pilot run of the country’s central bank digital currency (CBDC).According to an official press release published on Tuesday, December 24, the pilot run is called the “Project Sand Dollar” as the CBDC is called the “Sand Dollar”. The announcement also states that the Bahamas digital currency furthers the Bahamian Payments System...

Bitcoin cash price is trading nicely above the $182 support area against the US Dollar.The price is facing a couple of important hurdles near the $198 and $204 levels.There is a declining channel or a bullish flag forming with resistance near $192 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could decline a few points before a fresh increase above the $198 resistance area.Bitcoin cash price is trading in a positive zone above $182 and $180 against the US Dollar....

Justin Sun – CEO of TRON – is never one to shy away from the press, whether the news emerging be negative or positive. The man appears to believe that all press is good press, and now he’s making headlines with his $1 million donation to Greta Thunberg.Sun: I’m a Lot Like GretaThunberg first rose to prominence in August of 2018 when she organized a student protest outside Sweden’s parliament. Her issue? That politicians weren’t doing enough to thwart the effects of climate change.Since then,...