Tag Archives: News

Photo: UnsplashA new Vegan focused exchange-traded fund (ETF) was launched on the New York Stock Exchangenew yor on Tuesday the 10th of September. Dubbed the U.S. Vegan Climate ETF with the code VEGN, the ETF costs 60 basis points for interested participants and it is the first vegan and climate oriented ETF that has been ever launched.Initiated by Beyond Investing which is itself a vegan and anti-animal investment service, the new ETF boasts of more than a few major holdings including...

With the massively exploding global internet user-base, the web is cluttered with a lot of information and companies providing web services are facing severe challenges in segregating the useful information and getting it to their users.Taking a step towards effective web monetization, open-source web browser Mozilla, Ripple-backed content platform Coil, and non-profit organization Creative Commons have pledged a whopping $100 million for a program dubbed Grant for the Web that aims at...

Things aren’t so great in the FedEx camp at the moment as the express shipping and logistics firm fell short of expectations on Wall Street for its first fiscal quarter of the year, which ended in August. This has led the firm to also lower its general expectations for its possible earnings for next year to between $10 and $12 in earnings per share. Due to this, FedEx stock’s (FDX) after-hours trading fell more than 9%.Based on the report posted for the quarter, the company reportedly pulled...

Photo: CoinspeakerTechnology innovation startup GitLab which operates fully remotely has raised $268 Million in series E funding ahead of the planned IPO. This was revealed on Tuesday the 17th of September by the company. This brings to $426 Million the total amount invested since 2015 and the $2.75 Billion the total valuation of the company which is more than twice the valuation when last year’s $100 Million series D funding took place. It was led by Goldman Sachs and Iconic...

Binance, one of the world’s leading crypto exchange is opening its platform for the American market today, on September 18. In the official post published by CEO Catherine Coley, it was noted that Binance US will support the biggest coins in the market and will offer to make US Dollar deposits as well. The blog post reads:“We will be accepting inbound transfers of BTC, ETH, XRP, BCH, LTC, USDT, and USD upon appropriate account verification.”But what’s about Binance Coin (BNB)? It was not...

Japan’s popular messaging app LINE has launched its new crypto trading platform Bitmax. According to the press release, Bitmax is a simple and secure cryptocurrency exchange that makes getting started easy even for beginners at cryptocurrency trading.It will allow users to trade five types of cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC). The announcement has been made after LINE received a cryptocurrency business license from the country’s...

Principal Founder of the Microsoft Corporation, Bill Gates, has been very popular for many years not just for his contribution to the tech space but is also known far and wide for how much wealth he’s been able to amass over the years.Gates who is also known for his many humanitarian efforts including consistent philanthropy, gave away more than $35 billion of his wealth to charity in 2019 alone, according to Bloomberg. Regardless of this, Gates still added $16 billion to his net worth in...

The Chicago Board Options Exchange’s (CBOE) BZX Exchange has withdrawn the proposed rule change in the Bitcoin ETF proposal issued by the VanEck/SolidX Bitcoin Trust. The SEC notice on Tuesday, September 17 states that CBOE decided to withdraw its proposal last week on September 13.The VanEck SolidX Trust filed for the Bitcoin exchange-traded-fund (ETF) with the SEC earlier this year on January 30. Nearly after a month on February 20, 2019, the Federal Register published the filing.Over the...

The crypto market has lately been quite volatile with Bitcoin displaying strength in its increased dominance. However, that dominance seems to have faced some challenges from several other altcoins that surged on sharply on September 18. With Ripple’s XRP leading the way, it seems like the altseason is coming soon.The sudden surge in XRP could have come as a response to reports a looming fork of the token. These reports arising from a civil war that has been happening among the XRP community...

Out of the blue, the crypto space seems to have come alive after weeks of sideways trading and little movement to indicate a specific direction of the cryptocurrency markets. Altcoins have come alive with Ethereum and XRP leading the charge this time, while Bitcoin sits still.Within the last twelve hours, Ethereum (ETH)has risen to slightly above the $200 psychological resistance level (about 7.69%) and it is currently trading at $213.99. XRP has risen to $0.31 indicating an impressive 13.73%...