Nvidia outperforms Apple by 25x, ahead of 10-to-1 stock split
While stock splits are a sign of confidence in a company’s future performance, they could introduce significant price volatility after the event.
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Spain’s largest telecom brand dives deep into Web3
Telecom company Telefónica enabled payments with Bitcoin, Ether and other cryptos for its online marketplace Tu. 115 Total views 3 Total shares With crypto adoption moving forward in various parts of the world, Spain continues to encounter major developments in its local blockchain space as its largest telecom services provider dives deeper into Web3 technologies. Telefónica,…
An asset for all classes: What to expect from Bitcoin as a legal tender
For much of its life, Bitcoin (BTC) has been viewed mainly as a speculative financial instrument, but El Salvador’s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies can play a role in uplifting the world’s less-well-off citizens.Two surprising facts emerged on the global stage at the start of June: First,…
Blockchain VC funding halves in October despite some strong raises
Blockchain venture capital inflows sharply decreased in October from the previous month. According to Cointelegraph Research, the number of individual deals dropped from 93 to 69 monthly.The Cointelegraph Research Terminal VC database, which compiles comprehensive details on deals, mergers and acquisition activity, investors, crypto companies, funds and more, shows venture capital inflows plummeted 48.6%, totaling…
11% of Americans Own Bitcoin, Major Awareness Increased Since 2017
11% of the American population owns the major cryptocurrency bitcoin (BTC), according to a new survey published by Spencer Bogart of venture capital firm Blockchain Capital on April 30.Blockchain Capital partner Bogart today posted the results of a new survey conducted by Harris Poll in order to provide analytics data on bitcoin’s demographic trends.Conducted between…
Canada to examine crypto, stablecoins, and CBDCs in new budget
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation. 214 Total views 2 Total shares The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) as revealed…
Kraken pledges $150,000 to Ethereum devs in latest Gitcoin Grants Round
This is a first for the traditionally Bitcoin-centric exchange. 1308 Total views 17 Total shares The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin.Gitcoin is a developer-funding platform relying on a hybrid model of sponsored donations and direct community support. Through its quadratic funding model,…
Bitcoin retraces to $59K amid altcoins stagnant with ‘regulatory hurdles’
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles."
Price analysis 11/6: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV
The United States Federal Reserve Chair Jerome Powell recently said that additional fiscal stimulus could result in a stronger recovery. He also emphasized that the Fed had enough tools to support the economy.After the winner of the U.S. election is announced, the focus of lawmakers could shift to the next stimulus package. However, additional money…