One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. Chinese Publicly Traded Company Increases […]
Key Takeaways Chainlink rose by more than 14% within minutes after Grayscale revealed it would create a LINK Trust. Given the significance of the news, LINK seems primed to advance further. The lack of significant resistance suggests that this cryptocurrency could rise to new all-time highs. Chainlink made headlines after […]
Swissquote, a Switzerland-based online trading platform, today announced its financial results for 2020. The company reported a significant jump in net revenues and net profit along with exceptional growth in the number of active clients. According to the official results, Swissquote saw net revenues of CHF 317.3 million in 2020, […]
Key Takeaways Cardano surged by more than 20% within minutes after Coinbase Pro revealed it will add support for the project this week.. If ADA continues to benefit from the “Coinbase Effect,” it could be poised for further gains. The lack of significant resistance suggests that prices could aim for […]
Key Takeaways Eligible low income American citizens are set to receive $1,400 in fiscal stimulus spending. Surveys conducted by Mizuho Securities and Bloomberg predict that somewhere between $10 billion to $40 billion could flow into cryptocurrencies. Bitcoin surged following the last round of stimulus checks. The $1,400 payments were distributed […]
With the next round of stimulus checks a few days away from being delivered, online brokers anticipate their retail clients may funnel a good chunk of that money into their stock trading accounts. Among them was no-fee app, Robinhood Markets which is offering eligible traders up to 5% bonus for […]
London-listed Alpha FX Group plc (LON:AFX) has published its annual financial results for 2020, reporting excellent jumps in its revenue and profits. The company’s London Stock Exchange (LSE) filing revealed that the revenue of the group jumped by 31 percent to £46.2 million, which was £35.4 million the year before. […]
Key Takeaways VeChain reached a record high of approximately $0.08 on Mar. 15. Although investors took advantage of the rising price action to book profits, VET’s uptrend remains intact. As long as this cryptocurrency holds above $0.07, the odds will favor another upswing to $0.09. While the cryptocurrency market kicked […]
The Financial Conduct Authority (FCA) today sounded an alarm about a fraudulent clone website that was impersonating BNKPro Ltd, a London-based company that operates the brand FxPro Invest Ltd. The watchdog warned investors to watch out for other websites that claim their services were developed or authorized by regulated brands […]
eToro confirmed on Tuesday that the Israeli trading company will merge with blank check company FinTech Acquisition Corp. V for making its public debut on Nasdaq. The confirmation from the trading company has come after many media reports revealed its plans to go public for months. The combined companies will […]
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