Coinspeaker

2021-07-06 13:27:09 Denmark’s fintech Pleo joined the Unicorn club at a valuation of $1.7 billion in a $150 million equity financing round. The Copenhagen-based startup has shown tremendous growth since its establishment in 2015.

Instagram is looking to implement its form of non-fungible tokens soon according to leaker and mobile developer Alessandro Paluzzi. He revealed that both Instagram and Twitter are weighing up big updates to their current offering with Twitter considering two new services via Chipper Cash and Wealthsimple.

While the NFT craze has been on a declining trend, the buyers have still outnumbered the sellers by a strong margin. Several NFT marketplaces have grown in size considerably over the last few months. Open / Comment

2021-07-05 22:18:45 The past week was the busiest for US IPOs for the last 17 years, and it gave top Wall Street banks an opportunity to make a windfall.

Jeff Bezos, the iconic founder and long-term Chief Executive Officer of e-commerce giant, Amazon.com Inc, is stepping down from the company’s role.

The founder and the creator of Dfinity and Internet Computer, Dominic Williams has announced an extension to ICP using Badlands.

Softbank‘s Z Holdings Corp has revealed that it agreed to buy Yahoo Japan trademark and tech infrastructure for $1.61B. Open / Comment

2021-07-05 15:14:50 On Sunday, July 4, the world’s second-largest cryptocurrency Ethereum moved past $2350 level in a strong move northwards. ETH has been showing upward momentum over the last week with the investor excitement around the London hard fork.

Oil price is currently hovering around $75 as the world awaits some key decisions from OPEC+ leaders. The rising tensions between Saudi Arabia and the UAE have led to severe indecision among OPEC+.

Revolut is currently in conversation with SoftBank over a fundraiser that is valued at US$ 30 billion. The talks have been initiated by the bank where the revolt advisors have established contacts with Softbank’s investors and have submitted a proposal highlighting an investment worth US$ 750 million to US$ 1 billion. Open / Comment

2021-07-01 15:49:55 SentinelOne, a cybersecurity startup that’s trading using “S” as the ticker symbol, debuted in the New York Stock Exchange. S stock closes up 21% as the highest valued cybersecurity IPO ever.

Grammy-nominated Katy Perry is going to launch her first-ever NFT collection with Theta Network. The inaugural collection will celebrate her ‘Play’ residency located in Las Vegas.

In an interesting move, tech giant Twitter Inc announced its entry into the rapidly evolving NFT world. The company made the announcement in a series of tweets while giving away 140 non-fungible tokens for free.

Jim Cramer, the host of CNBC’s Mad Money show, spoke about his bullish views on small businesses and the FTC activities. Cramer also explained how small businesses are helping to fuel the economic recovery for the US. Open / Comment

2021-06-30 14:50:04 MRNA stock jumped 5% amid positive commentary from the management on the latest vaccine results. Moderna said that its COVID-19 vaccine has shown better results in lab testing against coronavirus variants.

FTX Trading Ltd, the company behind FTX.COM and FTX.US, has entered into a long-term deal with celebrity couple Tom Brady and Gisele Bündchen. The cooperation with Brady also involves FTX subsidiary Blockfolio.

Coinbase, one of the largest cryptocurrency exchanges, has made an announcement that its clients can now earn a 4% interest on USDC. This will be necessitated by a product the company compared to a fiat-based savings account. Open / Comment

2021-06-29 15:28:32 On Monday, Facebook hit an eye-popping milestone. The social media company vaulted above $1 trillion in market capitalization for the first time.

Germany’s Federal Financial Supervisory Authority announced its granting of crypto custody business approval to Coinbase Germany GmbH. The approval makes it the first company in Germany allowed to provide the newly introduced financial service.

Interdealer broker TP ICAP is set to launch a cryptocurrency trading platform with Fidelity Investments alongside Standard Chartered’s digital assets custody unit. Open / Comment

2021-06-28 19:08:20 Virgin Galactic Holdings Inc stock surged 11.5% in the pre-market after the Federal Aviation Administration granted approval for Virgin to fly paying customers into space.

As per an article in a global publication Bloomberg, Binance was officially banned by the financial watchdog from transacting any business (regulated) in the UK.

The crypto market has exited yet a weekend filled with enormous volatility, however, the Internet Computer, Dogecoin, and Shiba Inu are coming off with impressive figures and are the top 3 trending cryptocurrencies today, both in terms of their price gains, and social media mentions.

During the recent edition of the Power on Newsletter, Mark Gurman said that Apple Inc is exploring future iPad designs with larger displays. Open / Comment

2021-06-25 14:10:21 During an online event on Thursday, June 24, software giant Microsoft Corporation announced the latest iteration of its Windows operating system aka Windows 11.

Dfinity Foundation’s ICP token price has notably plunged, shaving off about 95% from its May 10th launch price high of $630.

NYDIG joins hands with Q2 to facilitate Bitcoin trading to 18.3M banking customers in US. The partnership will give the growing cryptocurrency owners in the USA a platform to carry out BTC trading directly from their bank accounts. Open / Comment

2021-06-24 14:11:43 Controversial tech mogul and cryptocurrency proponent John McAfee has been found dead in a Spanish prison, hours after his extradition news was made public.

Earlier today, June 24, the much-awaited Binance NFT marketplace went live at 10 AM Singapore time. The platform features NFT auctions for digital artworks by some of the most popular artists like Andy Warhol and Salvador Dali.

Democratic Mayoral contender Eric Adams has expressed his intention to ensure New York transition into a center of Bitcoin trade if he is elected as a mayor in upcoming elections. Open / Comment

2021-06-23 16:26:47 On Tuesday, June 22, the US stock market indices continued showing new highs for the second consecutive day. The tech-heavy Nasdaq Composite surged to an all-time high whereas S&P 500 ended just short of its new closing record.

From its low of $29,092 on Tuesday, the BTC price has recovered more than 10% moving past $34,000. However, analysts expected the bearish momentum to continue in the short term.

Microsoft Corporation‘s valuation shortly eclipsed the $2 trillion benchmark during Tuesday’s intraday trading. This placed it as the second public company in the US to hit the $2 trillion valuations just after Apple Inc, which is currently worth $2.2 trillion. Open / Comment