Bitcoin has had a very up and down year when it comes to its price, but for men like Jack Dorsey, the CEO of both Twitter and Square, the cryptocurrency is very much the future of finance.Dorsey: BTC Is Going PlacesDorsey has been promoting bitcoin since the beginning. Just last year he announced that he believed bitcoin would become a global currency. In other words, individual fiats would not exist. Everyone across the continents, whether they were in Asia, North America or Europe, would be...
Read More »Disney Frozen 2 Makes History on Thanksgiving Weekend with $249M Globally
This year it seems that Disney has it all figured out as its new animation film Frozen 2 has become the highest ever grossing film at the box office during Thanksgiving weekend. The ticket sales have reached about $124 million in the United States and $249 million worldwide as sources indicate. This, of course, brings the total amassed by the movie to about $738 Million. This, of course, means that Olaf the Snowman, Princess Anna, and Queen Elsa will bring in another billion-dollar movie to...
Read More »Former SoFi CEO Mike Cagney’s Figure Technologies Raising Additional $100 Million
Mike Cagney, famous for being the founder and CEO (since 2017 ex-CEO) of SoFi fintech company, is reportedly aiming to raise funds money via another firm. Cagney co-founded a two-year-old San Francisco-based fintech firm known as Figure Technologies.By February 2019, Figure had already managed to raise $120 million in equity funding. The amount was brought to the project by a group of prominent investors including partners at DST Global, RPM Ventures, Morgan Creek, Ribbit Capital, Nimble...
Read More »Hodlers Dictate Pace of Things as 64% of Bitcoin Supply Hasn’t Changed Wallets This Year
In what seems like a coordinated conspiracy or a “Deja Vous” case of coincidence, reports indicate that about 60% of the Bitcoins in circulation haven’t left the wallets this year. Sources report that cryptocurrency analyst Rhythm let the cat out of the bag when statistics were released via a Twitter post indicating that 11,580,000 Bitcoins haven’t moved in more than a year.11,580,00 bitcoin have not moved in over a year.Even with a 85% increase in price during that time, those millions of...
Read More »Bakkt Bitcoin Monthly Futures Trade Set a New Weekly Volume Record of $124 Million
Bakkt is easily one of the most interesting platforms in the crypto market. Operated by the Atlanta-based Intercontinental Exchange (ICE), the platform is designed to push Bitcoin much deeper into mainstream adoption, by offering physically settled Bitcoin futures contracts. Bakkt initially had a very disappointing start, making many believe it wouldn’t amount to much. However, the platform has surprised many, including the naysayers, and has seen impressive and steady growth, as it...
Read More »This Black Friday with $7.4B Sales Is the 2nd Largest Online Retail Sales Day in History
Online shoppers in the United States seem to have made a new name for themselves as the last Black Friday event produced the second-largest sales in history next to last year’s Cyber Monday. Sources indicate that while the Black Friday Sales have been the biggest so far, “small business Saturday” has also gone up by 18% as against last years’ figures reaching $3 billion while Black Friday sales reached about $7.4 billion. But let’s not forget about the last year’s Cyber Monday sales that were...
Read More »Have a Look at the Most Valuable Companies in Crypto Space
Many things have been said about the champions who have been at the forefront of making things happen in the crypto space but not much has been known about them. The list below and the descriptions indicate the biggest companies in the industry not only by valuation and capitalization but also by goodwill and corporate presence both online and offline as well. They shall be listed in no particular order of preference. Ripple (Valuation of about $5 Billion)Many people have heard one way or the...
Read More »Binance to Launch Its Troy IEO Tomorrow and Announces New Internal Transfer Feature
As CoinSpeaker has already reported, the Binance Launchpad Platform is all set to facilitate an Initial Exchange Offering (IEO) for a new crypto project dubbed Troy (TROY) tomorrow, December 3. Over the last month starting November 3, Binance has been recording users’ BNB balances.The final BNB balance will be the average of BNB tokens held over the last month. Based on the final BNB balance, Binance will decide the number of tickets a user can get for the TROY IEO.Furthermore, the...
Read More »Use This Method to Shop on Amazon’s Cyber Monday with Bitcoin and Get up to 33% Discount
Two of the biggest shopping events in the world are Black Friday and Cyber Monday. On both days, merchants and retailers considerably crash their prices so much that it causes such a frenzy among shoppers. In many cases, people wait till any of these days to make purchases they could have made at other times in the year, taking advantage of significant price slashes – sometimes up to 90% on selected items with selected retailers. As Amazon’s Cyber Monday begins and people begin to shop,...
Read More »Wall Street Divided with Tesla, General Electric and Facebook Stock Results
Usually, when analyzing stocks, Wall Street analysts are like a pack of wolves – agreeing on most of the stocks’ directions finding sort of an informal consensus on Wall Street among this crowd. However, there are always some stocks that separate analyst’s opinions. One of those is one of the most controversial these days – Tesla. For now, this stock has the widest gap from bottom to the top, according to different analysts.Even though in the year-to-date analysis it did grew slightly – from...
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