Coinspeaker F Stock Spikes 4% after Ford Reports Surprising Profits in Q2 2021 Ford Motor Company (NYSE: F) stock traded around $14.40, up nearly 4% during the extended trading session. The notable spike in Ford stock has been attributed to the unexpected profits recorded in the second quarter (Q2) of 2021. According to the company, […]
Radix Launches Olympia Mainnet, Including One-Click Compliance for DeFi Applications
Coinspeaker Radix Launches Olympia Mainnet, Including One-Click Compliance for DeFi Applications Radix, the Platform for Smart Money, today announced the launch of the Radix Public Network (“mainnet”). The “Olympia” release represents the next, deliberate step on the planned roadmap to a frictionless financial future, bringing with it the world’s only “Single Sign-On for Compliance.” Over […]
Coca-Cola to Create Custom NFT Collection to Raise Money for Special Olympics International
Coinspeaker Coca-Cola to Create Custom NFT Collection to Raise Money for Special Olympics International Coca-Cola as the leading world beverage brand will be entering the NFT domain by creating a special collection of non-fungible tokens to celebrate International friendship day. The NFTs will be available for an auction on the NFT marketplace called OpenSea from […]
Robinhood Secures $32B Valuation in IPO, Set to Debut on Nasdaq Exchange
Coinspeaker Robinhood Secures $32B Valuation in IPO, Set to Debut on Nasdaq Exchange Robinhood, a famous stock and crypto-trading app, is set to debut on the Nasdaq exchange on Thursday following a $32 billion valuation via its initial public offering (IPO). In a press release from the company on Wednesday, it revealed that it has […]
Horizon Kinetics Bets on Bitcoin as Inflation Bites
Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin. (Read More)
South Korean Watchdog Uncovers 14 Fake Bank Accounts Used by Crypto Exchanges
The South Korea financial regulator has uncovered 14 fake accounts used by crypto exchanges. (Read More)
Zero-commission Trading Platform Robinhood is Valued at $32B amid IPO Prices at $38 per Share
The popular stock and cryptocurrency platform Robinhood’s IPO is valued at $38 per share at the low end of the previously estimated price range of $38-$42. The company’s market value is up to $32 billion. (Read More)
Bitcoin’s Social and Trading Volumes Hit a 5-Week High as Address Activity Surge to a 3-Week High
As Bitcoin (BTC) continues testing the $40K waters, its social and trading volumes are going through the roof, as acknowledged by on-chain metrics provider Santiment. (Read More)
Bitcoin Price Analysis: Price Consolidation Stirring Rejection at Key Support Level
Bitcoin’s latest uptrend is being tested in a move that appears as a temporary consolidation. (Read More)
Jerome Powell Is Wrong: Cryptocurrencies Were Made for Payments
During a Senate hearing last week, Federal Reserve Chairman Jerome Powell suggested: “With cryptocurrencies, it’s not that they didn’t aspire to be a payment mechanism, it’s that they’ve completely failed to become one except for people who desire anonymity, of course, for whatever reason.” Setting aside that distributed open ledgers like Bitcoin are pseudonymous rather […]