Coinspeaker

2021-05-27 15:06:21 The PayPal Vice President assured that crypto investors will have the possibility to make their withdrawals using third-party wallets. The PayPal executive also sounded optimistic about CBDC roll-outs worldwide.

On Wednesday, May 26, e-commerce behemoth Amazon struck a deal for the complete acquisition of the much popular MGM Studios. This is one of the biggest moves from Amazon.com Inc to expand its dominance in the entertainment industry.

American businessman Carl Icahn has been paying close attention to crypto and says he could hugely invest in digital assets. The billionaire insinuated that he could put as much as $1.5 billion into crypto. Open / Comment

2021-05-26 15:52:58 GameStop is calling on qualified persons to join its upcoming NFT team as the popular gaming company makes its first entrance into the NFT world. GME stock is up.

Bitcoin has finally managed to break the $40,000 barrier. In the last seven days, it has lost as much as 5.85%. In the last month, it has dipped by 17.2%.

NFT platform OneOf completed a successful seed funding round, raising $63M. The money will be put to use in building an environmentally friendly platform where artists could make their work available as NFTs to fans.

Microsoft Corporation stock had risen by $0.23 (0.09%) to trade around $251.95 during Wednesday’s pre-market session following the Build conference kick-off announcement by CEO Satya Nadella on significant Windows updates. Open / Comment

2021-05-25 16:44:39 Bitcoin price jumped 5% making a move above $38,000 after Elon Musk announced that he is currently in talks with North American Bitcoin miners. This announcement comes just a few days after China announced its crackdown on local Bitcoin miners last week.

Binance added a new category – Hotels – to its Marketplace. Users of the Binance App can now book hotel rooms and pay for them in crypto via Binance Pay.

Chia Inc has seen its valuation doubling to $500 million after having additional funding to a tune of $61 million. The company sourced its funds through some of the industry’s key players including Andreessen Horowitz, and Richmond Global. Now there are talks that Chia may go for an IPO.

The United States stock market has shown impressive upticks as the economy reopening has marked new promises for firms across the board. The top stocks poised to benefit directly from the reopening economy including airlines, travels, hotels, and online lodging business or marketplace surged on Monday. Open / Comment

2021-05-24 13:16:58 Chiliz, the world’s first cryptocurrency exchange for sports that allows speculation and trading fan tokens, has announced that two Formula 1 teams launched Fan Tokens on its platform Socios.com.

On Sunday, May 23, the crypto market suffered another major crash in a week’s time. The crypto market lost over 13% or $250 billion in the early hours as crypto market valuations tanked under $1.35 trillion. The Bitcoin price crashed all the way going closer to its crucial support of $33,000.

Richard Branson‘s spaceflight company Virgin Galactic Holdings Inc completed a successful human spaceflight on Saturday. Being the third flight of the company in total, it was conducted after a long two-year suspension. Open / Comment

2021-05-21 14:17:34 The US Treasury Department is proposing a new set of tax reporting regulations that will let the Internal Revenue Service record the money movement in the digital currency ecosystem.

The past crypto dip has undoubtedly left the entire cryptocurrency community, investors and pundits, scratching their heads for answers. However, for one Vitalik Buterin, the 27- year old co-creator of Ethereum, this crypto phenomenon hasn’t caught him by surprise.

Snap Inc stock closed Thursday trading at $57.07, up 5.86% from the day’s opening value. The spike in the social media giant stock was attributed to several announcements made during the 2021 Snap Partner Summit held on Thursday. Open / Comment

2021-05-20 15:11:16 Apple Inc top executive Michael Schmid testified in a federal court in Oakland, California during the third week of an antitrust trial against Epic Games. According to Schmid, Apple collected over $100 million from Epic Games’ Fortnite during the two years that the game was online.

TRON founder Justin Sun has bought the Bitcoin dip amid the ongoing declines across the crypto market. Sun announced on the 19th of May that he had bought Bitcoin worth $153,818,183.

Wells Fargo & Co is exploring possibilities to offer actively managed crypto strategies to wealthy investors. Wells Fargo mentioned that their decision was informed by the stability and viability of crypto as an asset. Open / Comment

2021-05-19 15:31:03 Ford Motor Company revealed its new electric vehicle on Tuesday during a visit by United States President Joe Biden to the Dearborn Michigan plant where the vehicle will be produced.

The crypto space woke to a bear market, whereby Bitcoin price fell as much as $38,717.16 according to Binance-backed CoinMarketCap. Consequently, the total crypto market capitalization fell below $2 trillion to approximately $1.87 trillion.

Apple is all gearing up for the launch of some powerful Mac machines ahead in the coming featuring its ultra-powerful in-house silicon hardware, a move aimed at getting rid of the Intel chipsets in near future.

Just days before this year’s celebration of Bitcoin Pizza Day, Bitcoin bull and influencer Anthony “Pomp” Pompliano announced the launch of a national pizza brand called Bitcoin Pizza. Open / Comment

2021-05-18 20:52:26 Amazon.com Inc is currently looking to buy an American film and television production company Metro-Goldwyn-Mayer Studios. According to media reports, the two companies are already in talks for a deal set somewhere between $7 and $10 billion.

American business intelligence and software developer, MicroStrategy Incorporated has made an additional purchase of 229 units of Bitcoin for a sum of $10 million.

Swiss-regulated digital asset bank Sygnum has announced the support of Internet Computer Tokens (ICP) that include custodian services. Consequently, Sygnum became the first regulated bank to support the Dfinity Foundation’s quest to decentralize the internet.

American mass media company Fox is set to launch a non-fungible token (NFT) company a Blockchain Creative Labs, and a blockchain-based animated series. Open / Comment

2021-05-17 15:40:25 The value of Bitcoin declined further after Elon Musk said that Tesla Inc did not precisely deny that the company could sell its Bitcoin holdings.

After last week’s massive sell-off of the SHIB tokens and donating the proceeds to charity, Ethereum co-founder Vitalik Buterin is once again driving the Shiba Inu token price. Buterin burnt nearly half the supply of SHIB, the Dogecoin killer.

AT&T and Discovery are in talks to merge their business operations into one publicly traded entity.

The price of the Dfinity’s newly launched blockchain web protocol, Internet Computer has continued to bear the brunts of the ongoing global crypto market correction. Open / Comment

2021-05-14 15:08:53 The world’s largest crypto exchange Binance is reportedly subject to investigation by the US Department of Justice (DOJ) and the Internal Revenue Service (IRS).

Samsung Electronics, on Wednesday, announced that Samsung Galaxy smartphone users can now access and manage their crypto assets from third-party wallets on their devices.

Michael Saylor, the Chairman & CEO of MicroStrategy Inc, yesterday announced the company purchased 271 Bitcoin (BTC) units at an average price of $55,387. Open / Comment