Tag Archives: News

Tron price started a fresh increase from the $0.0625 level against the US Dollar. TRX price is now trading near $0.0660 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0672 resistance zone. TRON price started a fresh increase above $0.0625 against the US Dollar, similar to Bitcoin. TRX’s price could rise...

Bitcoin price is correcting losses from the $27,000 zone against the US Dollar. The price is now trading near $28,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $29,250 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $29,250 resistance zone. Bitcoin price is rising from $27,000 against the US Dollar. BTC might eye another increase if...

Earlier today, we published an article about Mike Cagney, the cofounder of Sofi. He also runs the Provenance blockchain, and there’s big news surrounding the network in that it’s launching a new $50 million HASH development grant to establish core services and experiences on the blockchain. Provenance Blockchain Has Big Plans for the Future The grant comes by way of a new partnership formed between Provenance and Apollo, an asset management firm that controls more than...

Fidelity Investments and Black Rock – two of the biggest investing companies in the world – are slowly expanding their reaches into the crypto and blockchain spaces. Fidelity and Black Rock Are the New Crypto Leaders Fidelity has long been a crypto player, going so far as to last year, when the space was enduring its biggest bear run in history, allow retirees and those with 401K funds to their names to use their hard-earned money to invest in digital assets like BTC and...

Bluesky allows users to use domain names as handles to help achieve decentralized verification and give users more control over their identity. Bluesky, a social media platform created by former Twitter Inc boss Jack Dorsey, has gained significant traction even before its official launch. The official Bluesky Twitter account has more than 252k followers without a solid protocol to showcase to the users. Nevertheless, the Bluesky application has been downloaded more than 245k times by...

Leading hamburger purveyor McDonald’s experienced earnings growth for Q1 2023 despite sporting a pricier menu.  McDonald’s Corporation (NYSE: MCD) has published its Q1 2023 earnings results which beat the consensus estimate. For the year’s first quarter, the fast food restaurant chain pulled in revenue of $5.9 billion versus the $5.59 billion expected by analysts. In addition, the prominent Chicago-based company realized earnings per share (EPS) of $2.63 adjusted versus $2.33 expected....

Klarna seeks to leverage the power of AI for offering curated shopping experiences to customers while also introducing TikTok features and new tools for advertisers. The artificial intelligence (AI) revolution is taking over and has only accelerated over the past few months. As a result, companies are making quick pivots to hop on the trend and adopt the prowess of this new tech revolution. Recently, fintech firm Klarna announced a massive redesign of its app while adding an AI-powered...

With Matt Haney taking a very bold step that is backed by the industry, seeing DAOs function as businesses will be a matter of time. A California lawmaker Matt Haney has introduced Assembly Bill 1229 which seeks to re-engineer and expand the state’s corporate to include Decentralized Autonomous Organizations (DAO). As reported by Decrypt, the proposed Bill, if passed, will enable DAOs, blockchain networks and smart contracts to register as businesses in the state. This registration will...

Mike Cagney has made a real name for himself in the blockchains pace. He is the co-founder of Sofi and the current CEO of Figure. He’s also made public the Provenance blockchain, which has supported about $12 million in transactions at the time of writing. Mike Cagney on Blockchain In a recent interview, he talked about just how prominent blockchain is. He also delved a bit into what his company does, saying: One of the most important roles that I play with Figure and...

Beverage giant PepsiCo raised its full-year outlook following its commendable Q1 2023 performance, beating analysts’ expectations. PepsiCo (NASDAQ: PEP) has raised its 2023 yearly outlook following its better-than-expected Q1 performance. On Tuesday, the multinational food, snack, and beverage corporation posted earnings and revenue that surpassed expectations. For the first quarter of the year, PepsiCo reported $17.85 billion in revenue compared to the $17.22 billion analysts expected. In...