Jack Mallers, the founder and CEO of Zap Solutions, a Bitcoin payments start-up that uses the Lightning Network, says that the company’s platform, Strike, now enables fast direct transfers of U.S. dollars to banks and mobile money accounts in the Philippines. On 6 December 2022, Strike announced its “Send Globally” […]

A top cryptocurrency analyst that has gained a large following on social media after accurately in January 2018 Bitcoin’s 84% decline throughout that year, has said $BTC recently flashed an “extremely rare” bullish signal. On Twitter, Brandt shared a chart with his nearly 700,000 followers on the microblogging platform showing […]

Shares of Spotify Technology S.A. (SPOT) are rising more than 9% Tuesday morning after reporting improved revenue in the fourth quarter. The company said its Premium Subscribers grew 14% to 205 million. Quarterly revenue increased 18% year-on-year at 3.166 billion euros. Monthly Active Users increased 20% to 489 million. Spotify, […]

Cryptocurrencies declined more than 2 percent in the past 24 hours as markets wait for the likely outcome of the Federal Open Markets Committee, due on Wednesday. The Fed is widely expected to slow down on its rate hikes. But anxiety lingers on the likely policy commentary and forward guidance, […]

SoFi Technologies, Inc. (SOFI), a digital personal finance company, reported Monday that its fourth-quarter net loss narrowed to $40.01 million from last year’s $111.01 million. Loss per share was $0.05, compared to last year’s loss of $0.15. On average, 10 analysts polled by Thomson Reuters expected loss of $0.09 per […]

World markets mostly traded in the red zone on Wednesday amidst anxiety ahead of the release of the preliminary fourth quarter G.D.P. estimates from the U.S. The readings are expected to set the context for the next review by the FOMC in the beginning of February. Most recent corporate earnings […]

Shares of PennantPark Floating Rate Capital Ltd. (PFLT) are falling more than 7% Tuesday morning after the company announced its decision to sell 4.25 million shares at $11.20 per share. The Company expects to use the net proceeds from the offering of about $47.6 million to reduce outstanding obligations and […]

Former hedge fund manager Jim Cramer says he is not impressed with Bitcoin’s recent price surge. Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“. He is also a co-anchor of CNBC’s “Squawk on the Street“, as well as a co-founder of the financial news website TheStreet. On 23 […]

Cryptocurrencies surged above the $1 trillion mark in market capitalization over the weekend. Overall crypto market capitalization is currently at $1.05 trillion. The 24-hour trading volume aggregates to $54 billion. Stock markets and commodities too have gained in the past 24 hours. The Dollar Index, however, is close to the […]

This week, Brazil and Argentina are set to declare the initiation of preparations for a shared currency, a move that could result in the formation of the world’s second-largest currency bloc. According to a report by Financial Times, the two countries will discuss the concept at an upcoming summit in […]