Coinspeaker

2021-09-07 22:00:07 El Salvador has formally adopted Bitcoin as legal tender alongside the United States dollar. President Nayib Bukele announced that the country had purchased up to 400 BTC as of yesterday, estimated to be worth approximately $21 million.

Hong Kong-based crypto exchange Bitfinex is debuting tokenized equities and bond trading by launching Bitfinex Securities. The exchange is the new trading platform by Bitfinex, allowing its consumers to have a share in the world of traditional finance.

Sotheby’s Bored Ape non-fungible tokens exceeded its auction price expectations, as bids currently top $19 million. The company recently floated a set of 101 Bored Ape Kennel Club and 107 Bored Ape Yacht Club NFTs.

Visa has announced plans to convey cryptocurrency providers to conventional banking platforms in Brazil. Head of crypto at Visa Cuy Sheffield stated that NFTs will play an “important role” in the future of retail, social media commerce, and entertainment. Open / Comment

2021-09-06 14:57:45 The total valuations of all CryptoPunk NFTs combined have surpassed the valuations for some of the most popular American football teams.

In an important breakout, the world’s largest cryptocurrency Bitcoin has surged 4% in the last 24-hours moving past $51,750 levels. Amid the recent altcoin mania, Bitcoin has continued to post steady gains.

IPOs pipeline is about to record its all-time high in the market since it gained the limelight in 2000. Renaissance Capital believes this fall will come with a new record. Open / Comment

2021-09-03 13:35:58 Social media giant Twitter is seemingly looking to add functionalities that will allow users of the platform to accept tips in Bitcoin using the Tip Jar feature.

Solana has been in the news for a while and continues to dominate the crypto charts. In the last 24-hours, the Solana price has shot up by 24% hitting a new all-time high of $145.

The Legally Blond fame actress Reese Witherspoon has recently joined the league of the budding cryptocurrency domain by purchasing her first-ever Ethereum. Open / Comment

2021-09-02 13:44:59 With Bitcoin at above $50K, altcoins are witnessing a never-seen-before spike and records in prices. Crypto coins like Cardano, Solana, and Hex have all hit record highs in recent days.

Fanatics Inc, an American online retailer of licensed sportswear, sports equipment, and merchandise, is preparing for an Initial Public Offering. Amid the event, Fanatics secured trading card rights for Major League Baseball, the National Football league, and the National Basketball Association.

Binance.US plans to have an IPO within the next three years. The founder and CEO of Binance, Changpeng Zhao, suggests that the exchange is looking to follow Coinbase’s model. Open / Comment

2021-09-01 18:00:52 One of the most popular NFTs in the market – CryptoPunks – are now making their way to Hollywood. On Tuesday, August 31, the CryptoPunk NFTs from Larva Labs entered a deal with United Talent Agency.

Despite the news of a potential delay in the release of the Apple Watch 7 due to the highlighted production complexities, the company’s shares are seeing a renewed growth.

Despite reporting a record-breaking quarter at the beginning of the week, Zoom Video Communications Inc stock dipped nearly 17% on Tuesday to close the day trading at $289.50. Open / Comment

2021-09-01 14:06:10 Google LLC, a major subsidiary of Alphabet, announced in a blog post on Tuesday that it is extending its return to the office.

Xiaomi has deliberately moved to beef up its research and development in the new space with its purchase of an autonomous driving technology startup Deepmotion for over $77 million.

The Microsoft company announced that it will begin to offer a free upgrade of its Windows 11 on eligible desktops as of October 5, 2021. Open / Comment

2021-08-31 21:30:30 Robinhood stock closed yesterday trading at $43.64, down 6.89% from the day’s opening price. The decline in HOOD stock has been directly attributed to a report by news outlet Barron’s that the SEC could eliminate a controversial practice that has over the years brought in billions in revenue for the trading firms.

On Monday, August 30, digital assets technology company Net Savings Link announced its partnership with LuxFi. The two players will work together to launch a real-world luxury asset-backed NFT (non-fungible token) marketplace.

Square Inc is set to introduce a subscription service from its free invoicing software dubbed Invoices Plus. Reportedly, Invoices Plus will offer Square customers advanced features that include those previously available on the free version.

Users of FTX.US, a leading US-regulated cryptocurrency exchange, can now get crypto derivatives after the group acquired Ledger Holdings Inc, parent company of LedgerX LLC. Open / Comment

2021-08-27 23:22:58 Tesla applied with the Texas Public Utility Commission to sell electricity in the state in mid-August.

DJ Justin Blau, popularly known by his stage name 3LAU, has announced a new blockchain-based venture. The DJ has introduced a new blockchain-based music investment platform called Royal.

Apple boss Tim Cook will get over 5 million shares of Apple as part of the bumper deal he signed after taking over from ex-boss Steve Jobs. The shares are believed to be worth $750 million.

Forbes Global Media Holdings Inc shared their decision to go for a public listing. The merger will happen through a special purpose acquisition company Magnum Opus Acquisition.

With nearly $900 million spent to buy non-fungible tokens, August appears to be the record-breaking month. As per data from Nonfungible,com, a tracking portal, $896 million has already been used to purchase NFTs in the last 30 days. Open / Comment

2021-08-26 14:58:35 Apple, the American tech giant, however, is preparing to launch its next iPhone series and the third generation of AirPods by the end of next month.

The markets remained pumped up ahead of the Fed meeting on Thursday, where the central bank will discuss any stimulus tapering measures.

E-commerce giant Shopping,io has engineered a collaboration with TRON. With this partnership in place, $TRX holders can now spend their tokens on Shopping,io’s platform. Open / Comment

2021-08-23 20:23:05 Bitcoin seems to recover after showing signs of weakness. After reaching $64,654 back in April, it has been trading at between $30,000 and $40,000 for the last several months. However, over the last week, it has been rapidly rebounding.

The payment giant company Visa has successfully entered the non-fungible token market by purchasing an artwork inspired by NFT technology called Cryptopunk 7610 for $150,000.

Rumors in the market are that Binance is now looking for fresh investment and government funds. The recent appointment of the new CEO of Binance Singapore furthers the sentiment. Open / Comment