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Shares of Chinese cloud service provider Kingsoft Cloud Holdings Limited (KC) are falling more than 8% Wednesday morning despite reporting better-than-expected fourth-quarter earnings. The company reported net loss was RMB105.2 million or $16.1 million in the fourth quarter compared with net loss of RMB239.5 million in the same quarter a […]
» Read moreMessaging app Signal is now enabling donations in cryptocurrencies such as Bitcoin and Ether, through its app in partnership with crypto-donations company The Giving Block. These donations helps pay for the development of open source privacy technology, servers, and bandwidth of the app, which has no ads and trackers. Signal […]
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Key Bitcoin Takeaways Bitcoin exploded past $61,000 during the weekend session to hit a new record high. The cryptocurrency failed to hold the upside momentum as profit-taking intensified. It is now trading about 9 percent lower from its sessional top and has hinted at further downside risks after forming a […]
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A fresh survey conducted by Mizuho Securities on March 15, 2021, has revealed that nearly 10 percent of American residents eligible to receive President Biden’s $1,400 COVID-19 stimulus checks in the coming days, are looking to invest it in bitcoin (BTC). Americans Prepare to Buy More Bitcoin Since March 12, […]
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It is likely for Bitcoin to print a new record high before undergoing a bearish correction, according to market analyst Vince Prince. The crypto market influencer said in a note published Monday that the BTC/USD exchange rate could climb to $67,000 in the coming sessions. He noted that the pair […]
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Morgan Creek Digital co-founder Anthony “Pomp” Pompliano called bitcoin an apex predator in the financial markets and said investors are turning to the crypto-asset as a safe haven. Speaking in a recent interview with CNBC, Pomp called bitcoin the best possible asset for large companies looking to manage their treasuries. […]
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Bitcoin bull and market commentator Max Keiser says bitcoin could replace the $5 trillion market for foreign currency exchange. Speaking in a recent episode of the Keiser Report, former Wall Street veteran and host Max Keiser highlighted Citibank’s recent report endorsing the advantages of bitcoin in global payments. According to […]
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Former Goldman Sachs executive Raoul Pal has revealed he believes the price of bitcoin could hit $1 million this bull cycle if the cryptocurrency goes parabolic as it has in previous bull cycles, which preceded significant price drops. During an interview with Peter McCormack on the What Bitcoin Did podcast, […]
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Key Bitcoin Takeaways Bitcoin slipped on Monday after logging a record high above $61,000 during the weekend session. Fears of a crypto ban in India and recovering US dollar and bond yields pressured the cryptocurrency. More clues about the market bias to come from this week’s Federal Open Market Committee’s […]
» Read moreShares of Sol-Gel Technologies Ltd. (SLGL) have gained nearly 28 percent year-to-date as the company gears up to face the FDA in the coming months. Sol-Gel is a clinical-stage dermatology company developing branded and generic topical drug products for the treatment of skin diseases. The company has two product candidates […]
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