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Tag Archives: News

Ex-Uber CEO Sold Close to $1.5 Billion of Shares Shortly after Lockup Expiration

Co-founder and former Uber Chief Executive Officer Travis Kalanick, has been in the news recently as he has been offloading his shares in the ride-hailing company, at an alarming rate. Earlier this week, Kalanick disposed approximately $578 million of his Uber shares over a few days notably after a binding lockup period expired on Wednesday, Nov. 6. It would seem like Kalanick might be well on his way to dispose of a lot more of his holdings.According to a Bloomberg report, the ex-CEO’s total...

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Tesla Unleashed Its Futuristic Cybertruck but TSLA Stock Gained Just Slightly

After years of teasing, they have finally done it. Tesla has unleashed its futuristic Cybertruck. Cybertruck is its real name and it does not resemble any other real truck in existence today. However, despite all the excitement during the launch, the TSLA stock just responded slightly gaining around 0.74% currently trading at $354.83.With an angular design that almost resembles Christopher Nolan’s Batmobile, Tesla’s Cybertruck is designed to be tough. It comprises of an “ultra-hard”...

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Long-Term Optimism May Contain Ethereum’s Downside Vulnerability

Cryptocurrency markets have been losing ground in recent weeks due to the lack of a positive catalyst. And Ethereum is also under this trend.While most other cryptocurrencies are struggling to maintain their support levels, the ETHUSD pair has not given up much ground. Therefore, during the next upward movement, it is likely that the pair is leading the rally. Therefore, we do not recommend participants to close their long positions yet. They may add a stop loss on the price level at $...

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Kraken Exchange Released Mobile Trading App for Kraken Futures

Kraken, one of the world’s leading crypto exchanges based in San Francisco, has introduced a mobile version of its Kraken Futures trading app.Futures Trading in the palm of your hand. Hot on the heels of our Kraken Pro app, The new Kraken Futures mobile app is now live! https://t.co/MpG0ToYlgO— Kraken Exchange (@krakenfx) November 21, 2019Kraken Futures is a professional platform for trading derivatives on digital assets. Regulated by the Financial Conduct Authority, Kraken Futures allows...

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CoinMarketCap Enters Strategic Partnership with Yahoo Finance on Data Feed

In what seems like a match made in heaven Verizon’s Yahoo and CoinMarketCap which is the biggest data provider with everything concerning cryptocurrencies have decided to enter a partnership. In the framework of this collaboration, CoinMarketCap will be providing Yahoo Finance with data, historical information educational content from all its feeds concerning the crypto space. By all statistics, CoinMarketCap is the largest cryptocurrency information site by sheer volume past and current. It...

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Apple’s Airpods Sales Estimated to Hit 60 Million by End of Year

Back in September, Apple released new products including the long-awaited iPhone 11 and its variations. In October, the tech giant released new Airpods Pro, with a few more features and more costly as well. Since the release, Apple has sold a lot more units than initially planned for in both cases and now, reports show that Apple is in for a bigger end of the year, especially with the Airpods.At the same time, Apple stock is climbing higher. Now AAPL is trading at around $262. Just to...

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As Bitcoin, Ethereum, XRP and Litecoin Slump, Chainlink Soars

While major cryptocurrencies such as Bitcoin, Ethereum, XRP, and Litecoin have seen significant drops in value and have taken most of the press attention, one smaller token Chainlink has actually doubled in value in recent times.The cryptocurrency market saw its highest recorded values for the year in the month of June 2019 but since then, has struggled to maintain this momentum. Following reports of Binance’s Shanghai office being closed down by the authorities which were later debunked, the...

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DappRadar Discovers $3.8 Billion Worth of Hidden Activity on Ethereum

Market analytics site DappRadar made a big disclosure earlier this week on Tuesday, November 19. DappRadar, which ranks and tracks decentralized apps recently discover $3.8 billion worth “hidden activity” on the Ethereum blockchain network.Besides this, DappRadar also uncovered $73 million trading volumes in the last seven days, within Ethereum Dapps. Thus, after this finding, the Ethereum Dapps volume has reportedly surged from $27 million to above $100 million. Surprisingly, this finding...

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Bitcoin Price Drops to $7,500 and $180M Worth of BTC Longs Liquidated on BitMEX

Bitcoin price is still falling which causes a lot of worries among the traders. As on BitMEX and Bitstamp, it fell below $7,400, it has now seen its lowest points in the last four weeks and has crashed 50 percent since it’s year-long high in June.The crypto market, like any other financial market, is subject to price changes and swings at certain times but it has become rather interesting to watch over the years. In its initial stages, it was predicted that Bitcoin and other cryptocurrencies...

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Binance Refutes any Rumors of Police Raid on Its Shanghai Office

The rumor in the air has been that Binance has shutdown its Shanghai following a police raid. On Thursday, November 23, several online publications including CoinSpeaker reported that Binance has relocated its 100-member Shanghai team to other offices in Singapore.The report also states that Binance has planned to shut down its Shanghai office completely. Furthermore, it added that Binance CEO and founder Changpeng Zhao and the company’s Chief Marketing Officer (CMO) Yi He, have already moved...

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