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Read More »Kroger Agrees to Acquire Major Rival Albertsons for $24.6B
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Read More »Walmart Is Looking to Get Even More Involved in Crypto
Retail giant Walmart has announced it’s looking to get involved in the growing world of non-fungible tokens (NFTs) and it will also be unveiling its own cryptocurrency in the coming months. Walmart Is Building Its Own Cryptocurrency The news is fantastic in that it suggests more and more that crypto is becoming mainstream and legitimate in the eyes of everyday business ventures. Standard companies, stores, and brick-and-mortar enterprises are stepping deeper into what...
Read More »Sorry, Kids… Kroger Hasn’t Said “Yes” to Bitcoin Cash
Fans of both Kroger and bitcoin cash got a real jolt of excitement early last week when it was announced that Kroger would be accepting the cryptocurrency as a form of payment for goods and services. Everybody began breaking out the champagne, believing that cryptocurrency was going to be pushed even further into mainstream territory. There was just one problem… The news turned out to be fake. Kroger and Bitcoin Cash… It Ain’t Happening! The relationship between both...
Read More »Walmart Partners with Coinstar to Offer BTC to Customers
Walmart is partnering with coin kiosk company Coinstar. The firm is setting up digital currency kiosks throughout several Walmart stores in the United States to give new customers access to digital currencies like bitcoin. Walmart Is Pushing Bitcoin Forward Coinstar has joined hands with a firm known as Coinme, a digital currency wallet company that offers crypto ATMs. This has empowered Coinstar machines to provide customers with a convenient and fast way to trade and...
Read More »Sorry, Everyone. Walmart and Litecoin Have NOT Formed a Partnership
Walmart has been making a real name for itself in the crypto space. Many analysts were thrilled when the retailer announced not too long ago that it was looking to hire a crypto product specialist for its new blockchain division, suggesting that the firm was following in the steps of Amazon, one of its biggest competitors. Walmart and Litecoin… If Only! According to a recent news release, the company had engaged in a partnership with leading altcoin Litecoin, which...
Read More »Walmart Is Looking to Hire a Crypto Product Specialist
Following in Amazon’s footsteps, Walmart – one of the biggest retailers in the world – has decided to hire a blockchain expert for its team. Walmart Is Building Its Blockchain Team The company is allegedly looking to get involved in the cryptocurrency space and has posted a job advertisement seeking out a qualified “cryptocurrency product lead.” The posting reads as follows: As an expert in digital currencies/ cryptocurrency and blockchain-related technologies, you will...
Read More »Global Stocks Turn Negative as U.S. Coronavirus Cases Top 400,000, Doubling in One Week
Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday. The number of coronavirus cases in the U.S. has hit a new record. On Wednesday, it surpassed 400,000, doubling in just one week. The number of deaths in the country reached 12,864. The U.S. is reporting most COVID-19 cases worldwide, followed by Spain, Italy, France, and Germany. The coronavirus...
Read More »New 6.6M Unemployment Claims in U.S., Wall Street Opened Mixed, Rose and Fell Again
The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.Shares on Wall Street started the session on Thursday mixed after the Department of Labor released defeating data on a record 6.6 million people in the United States filing for unemployment benefits last week amid the coronavirus pandemic.The report showed that the figures for the week...
Read More »Walmart (WMT) Stock Hits New Record, Adds 2.78% While the Whole Market Is in Red
For Walmart, the coronavirus outbreak has taken a beneficial turn, as the demand for some categories of goods and the number of deliveries have notably increased. This week, Walmart (WMT) stock cleared the 125.48 buy point.While the whole market is in the red because of coronavirus, Walmart Inc (NYSE: WMT) stock maintains its position. Moreover, it has managed to jump and reach a new high.On Wednesday, Walmart (WMT) stock got a second upgrade this week and cleared the 125.48 buy point. It...
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