Coinspeaker

2021-06-22 15:49:58 On Monday, June 21, the stock of Microsoft Corporation touched a record high with some big news brewing up.

British auction house Sotheby’s announced that it will be accepting crypto payments against the sale of a 100-carat diamond. The auction will reportedly fetch $15 million in total.

MicroStrategy stock went down as much as 10.7% Monday. The stock deepening happened after the software company MicroStrategy revealed that it had purchased an additional 13,005 Bitcoin for $489 million. Open / Comment

2021-06-21 16:19:47 The recent Sichuan region ban has caused up to a 65% drop in GPU prices, cementing China’s continuous suspension of crypto mining operations.

Cryptocurrency financial startup Amber Group got the second round of funding, Series B, to raise $100 million. The funding was spearheaded by China Renaissance, and it brought Amber to the valuation of $1 billion.

Bitcoin price started crashing down as Chinese authorities announced a massive crackdown on the Sichuan region last weekend. Reportedly, 90% of the BTC mining machines have been shut down post this crackdown. Open / Comment

2021-06-18 16:00:14 Binance launches its own NFT marketplace Featured by Binance where you can trade digital assets and also mint NFT creations.

A Chinese commercial bank has added a new digital yuan feature to more than 3,000 Beijing automated teller machines. The new feature now allows members of the Beijing public to convert the country’s digital yuan token into cash.

Landon Cassill, a driver in NASCAR Infinity X Series will receive crypto assets as payment in a new deal with Voyager Digital, a public cryptocurrency broker.

Decentraland, a virtual land asset typically sold as a non-fungible token real estate, has fetched north of $913K. The virtual land was purchased with MANA, a digital coin. Open / Comment

2021-06-17 21:52:55 General Motors CEO hints towards the American multinational corporation taking payment in Bitcoin if there is customer demand for the same.

Blockchain-based travel booking platform Travala.com has launched a decentralized property rental service Dtravel. The platform, based on Binance Smart Chain, has been described as ‘decentralized’ and will accept both crypto and fiat payments.

British fintech Wise, formerly TransferWise, announced Thursday its plans to go public via a direct listing on the London Stock Exchange.

McLaren Racing Limited has chosen Tezos decentralized open-source blockchain network as its official partner in a new multi-year technical partnership for Formula 1, INDYCAR and esports. Open / Comment

2021-06-17 14:15:06 The Dow Jones Industrial Average is leading the major stock market indices losses, shedding 265.66 points atop a 0.77% plunge as the Fed indicated earlier expected interest rate hike to close at 34,033.67.

Institutional participants for Ethereum 2.0 staking have started showing major interest even before the launch of the mainnet. Banking giants have started seeing the huge potential with staking services on the Ethereum blockchain network.

German carmaker Porsche has decided to dabble into the digital assets market. The brand launched Fanzone as an NFT-based trading card platform. Using the platform, users can purchase and sell NFTs. Open / Comment

2021-06-16 16:35:30 The Bakkt app recently announced its wider Peer-to-Peer (P2P) competences that will assist all app users in carrying out gift cards, Bitcoin, and cash transactions with anyone via Email.

Sotheby’s has announced that British inventor Tim Berners-Lee is auctioning the original code for the World Wide Web as an NFT.

American television production giant Fox Entertainment launched a $100M creative fund for the NFT content market through its recently founded business subdivision Blockchain Creative Labs. Open / Comment

2021-06-15 23:27:05 The broader United States stock market took off the week with impressive gains as the Nasdaq Composite attained a new all-time high.

Six giants of the insurance world tread into the growing market of cryptocurrency by acquiring profit from the stocks of Grayscale Investments, the daughter organization of Digital Currency Group.

Wall Street giant Goldman Sachs said that it will proceed ahead with offering Ethereum derivative products in the coming months.

Hedge funds are looking to make big plays into the crypto sector as the sector continues to grow. According to a recent survey, these hedge funds will increase their exposure to cryptocurrencies by increasing their crypto portfolios over the next five years.

Amazon.com Inc will make Luna, its game streaming service, available to its Amazon Prime subscribers on Amazon Prime Day (June 21 and 22). Open / Comment

2021-06-14 22:06:17 Stripe, a San Francisco-based Irish-American financial services and payment firm has secured as much as $1 billion in new funding, to solidify its position as the most valuable company in the United States.

The world’s largest cryptocurrency Bitcoin is 12% up aiming at a move above $40,000. This recent price rally in BTC comes as Tesla chief Elon Musk said that the company will resume Bitcoin transactions once again but with a condition.

Apple Inc is set to debut a faster model of Apple Watch as the tech giant seeks to beat competitors in terms of product performance. Per a report, the proposed new Apple Watches will also brandish the abilities to check temperatures and user’s blood glucose levels. Open / Comment

2021-06-14 13:56:30 Elon Musk posted a tweet indicating that Tesla Inc might resume accepting Bitcoin as a payment method. According to Musk, this will happen as soon as miners start using more clean energy.

Virgin Galactic founder Sir Richard Branson is reportedly planning to take his satellite launch company Virgin Orbit public at a $3 billion valuation through a Special Purpose Acquisition Company.

Bitcoin miners worldwide have finally approved the first major Bitcoin network upgrade in four years dubbed Taproot. This is one of the biggest milestones for the world’s largest cryptocurrency.

The cryptocurrency and digital assets company Coinbase has primarily been operating from San Fransisco, but now the company is planning to extend operations to other viable states - New York being its main focus. Open / Comment

2021-06-11 15:04:17 Tesla Inc has unveiled a new and more sophisticated Model S version to revive interest in its EVs and ward off competition from Porsche, Mercedes-Benz, and Lucid Motors.

SpaceX‘s satellite constellation-based internet network Starlink is exploring the possibility of providing internet connectivity to several airlines.

CryptoPunk NFT dubbed ‘Covid Alien’ was sold for a massive $11.8 million at auction house Sotheby’s. CryptoPunks represents a set of 10,000 pixel-art characters designed by Larva Labs back in 2017. Open / Comment