U.S.-based cryptocurrency exchange Coinbase, which recently went public, is now offering a new payment option to millions of its customers in the U.S. These users can now buy cryptocurrencies such as bitcoin, on Coinbase in a simple and speedy way using their debit cards and bank accounts linked to PayPal. […]
Shares of skin care, makeup, fragrance and hair care products maker The Estée Lauder Companies Inc. (EL) are down more than 5% Monday morning after the company reported lower revenue than expected. Net sales in the third quarter increased to $3.86 billion compared with $3.35 billion last year. Analysts’ view […]
Canadian businessman Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“) recently compared gold mining and Bitcoin mining, and said that the latter is showing signs of becoming more environmentally sustainable. On April 20, during an interview with with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research, O’Leary criticized gold mining: “There is no clean […]
For the first time in 34 months, the Bitcoin dominance has fallen below 50 percent, trackers on Apr 29 reveal. Ethereum and Binance Coin Spearhead the Altcoin Season The shift in dominance coincides with the non-descript, tepid price action of the world’s most valuable currency over the last few weeks. […]
While many are making a turnaround on their bearish Bitcoin take, the man who authored one of America’s best-selling epistemological books “The Black Swan” has branded Bitcoin a Ponzi scheme. It came as a shock to many when Nassim Nicholas Taleb who had previously spoken of the asset in a […]
On Wednesday (April 28), CME Group Inc. (NASDAQ: CME) reported financial results for Q1 2021, and during its earnings call (aka “Q&A conference call”), the company’s top executives talked about Bitcoin ($BTC) and Ethereum ($ETH) in the context of their current/future futures products. In this article, we highlights some of […]
Shares of home construction company PulteGroup, Inc. (PHM) are up 4 percent on Tuesday’s trading as the company reported higher income and revenues in the first quarter. The company posted net income of $304 million or $1.13 per share in the first quarter, higher than $204 million or $0.74 per […]
Shares of China-based insurance broker Tian Ruixiang Holdings Ltd (TIRX) are surging more than 34% Tuesday morning after reporting robust full-year 2020 results. Net income in 2020 jumped 260.7% to $0.63 million or $0.13 per share from $0.18 million or $0.04 per share for the same period of last year. […]
American electric vehicle manufacturer Tesla sold some of its bitcoin holdings in the first quarter of 2021, generating $272 million in proceeds and a $101 million “positive impact”, according to the company’s earnings call on Monday. Tesla sent shockwaves across the world in February after disclosing that it had bought […]
The European Union on Monday said it filing a lawsuit against drug maker AstraZeneca over a breach of its Covid-19 vaccine supply contract. “Our priority is to ensure Covid-19 vaccine deliveries take place to protect the health of European Union,” the EU’s commissioner for health, Stella Kyriakides, said Monday via […]
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