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“This is huge progress in the acceptance of stablecoins and provides a path for their adoption,” Allaire said in an emailed statement. Tether, the market leader, gave a similarly upbeat statement. While less effusive, Paxos, the No. 7 issuer, and Gemini, the company behind the 16th-largest stablecoin, were diplomatic in
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Roku reported revenue of $645 million during the second quarter against an estimate of $618 million according to wall Street analysts.Roku Inc (NASDAQ: ROKU) stock dropped over 8.88% in Wednesday’s after-hours trading session to trade around $382.99. The streaming platform provider reported its second-quarter earnings results that beat analysts’ expectations.
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The rumor that Amazon would accept cryptocurrency payments sparked a wave of bullish enthusiasm across the crypto market earlier in the week but now this sentiment has begun to wane as Bitcoin (BTC) bulls face stiff resistance at the $40,000 level. Data from Cryptox Markets Pro and TradingView shows that bears
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Chinese crackdown on tech and education companies put pressure on Asian indices. On the other hand, the US tech giants continue to post stellar returns in the second-quarter earnings season. During the early morning trading on Wednesday, the US stock futures showed mixed signals with major averages pulling
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Being optimistic about the current fiscal quarter, Nike expects the European government to lift restriction bans in April.American multinational corporation Nike Inc (NYSE: NKE) has reported mixed financial results in its fiscal third quarter. The earnings result for the third quarter, which ended on the 28th of February, 2021, was announced by
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Darknet markets are having a rough 2020.COVID-19 has wreaked havoc on all shipping-centric industries, drug sellers included. Criminologist Andréanne Bergeron estimates that only 21% of darknet market transactions resulted in on-time deliveries during the height of pandemic lockdowns in the spring.But the virus only accounts for part of their pain.
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Stocks in Asia-Pacific are mixed as the US Federal Reserve released the minutes of their November meeting. Chinese JD Health filed for IPO on the Hong Kong Stock Exchange.On the 26th of November, stocks in Asia-Pacific mixed in after the US Federal Reserve released its November meeting minutes. During the meeting,
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If BNP stock can strongly rebound from the current support level, it will be a new bull run capable of ATH breakout.French international banking group BNP Paribas SA (EPA: BNP) stock has jumped over 6% on Tuesday after the company reported mixed results for the third quarter. At the time
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Although the People’s Bank of China (PBOC) has not officially released a report on the test, analysts are positive on the overall score on the digital yuan public test.The People’s Republic of China through the People’s Bank of China (PBOC) completed the one-week-long public test on the new Digital Yuan
Read MoreRussia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far.In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), but prohibits their use for payments in Russia.As the DFA law
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