Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite substantial growth in its ecosystem, Polkadot’s native token DOT has fallen by 9.45% over the past month, struggling to reflect the project’s increasing influence. ChatGPT predictions show a significant divide on whether DOT will increase
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robinhood Markets, Inc. has disclosed selected monthly operating data for May 2023, which depicts a complex portrait of growth and decline in user engagement and trading activities. Robinhood reported an increase in net cumulative funded accounts (NCFA)
Read More
Macy’s noted that Nike will return to its stores, starting from October this year. Macy’s Inc (NYSE: M), an American conglomerate holding company that engages in consumer goods, released its first-quarter earnings results on June 01. According to the announcement, Macy’s reported net sales of $4.98 billion during the first three
Read More
Oppo’s new mixed reality headset will be specifically for developers to create apps and explore the best use cases of mixed reality technology. Technology giants like Apple and Microsoft have been reportedly working on their virtual and augmented reality headsets. However, China’s Oppo seeks to take the first-mover advantage as it
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s largest cryptocurrency exchange company, finds itself in the spotlight following accusations that it has been mixing customer funds with company revenue, allegedly violating U.S. financial rules. The claims were raised by three independent
Read More
Rivian previously announced that it produced 9,395 electric vehicle units during the first quarter of 2023 but managed to deliver 7,946 vehicles to customers. Rivian Automotive Inc (NASDAQ: RIVN), an American electric vehicle manufacturer, announced its Q1 2023 financial earnings results. During the first quarter, Rivian reported a net loss of
Read More
Nonfungible token (NFT) marketplace Blur has recently launched its collateralized lending protocol called Blend, allowing a buy now, pay later approach in purchasing NFTs. Members of the community had varying reactions. Some believe that it’s massive for the space while others called on the United States Securities and Exchange Commission (SEC)
Read More
Ethereum network’s gas fee skyrocketed to a new multi-month high amid a growing memecoin frenzy. The high transaction fee has swelled Ethereum’s daily revenue multifold compared to Bitcoin (BTC). While Ethereum proponents celebrated the growth in revenue, many others were quick to point out the growing congestion on the network
Read More
Netflix is postponing the broad rollout of its password-sharing crackdown, which was originally scheduled for the first quarter. Netflix Inc (NASDAQ: NFLX) released mixed financial results for the first quarter that ended March 31 as it postponed its password-sharing crackdown. While the company topped analysts’ estimates in the quarterly earnings, revenue
Read More
BTC dropped as low as $29,292 on Monday before slightly rebounding. The surge from $28,000 last week was “largely untested,” one analyst says. Source
Read More