Friday, May 21, 2021
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COIN Stock Dips Below $250 After Coinbase Announces Plans to Sell $1.25B of Convertible Debt

On a long-term basis, Coinbase stock remains bullish supported by an upward call for the cryptocurrency industry by several Wall Street analysts.Coinbase Global Inc (NASDAQ: COIN) stock closed Monday trading at $248.24, down 3.92% from the day’s opening price. Additionally, COIN stock dropped approximately 1.16% further during Tuesday’s pre-market to

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COIN Stock Jumped 6% in Pre-market, Coinbase 2021 Q1 Earnings and Revenue Results More than Tripled in Regards to 2020 Q4

Notably, during the first quarter, Coinbase recorded a net profit of over $771 million, more than fourfold of what the company reported during the fourth quarter.Coinbase Global Inc (NASDAQ: COIN) stock was up over 6% in today’s pre-market to trade around $282.30. However, COIN stock closed yesterday trading at $265.10,

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Spanish stock exchange ready to test blockchain-based SME financing system

Spanish stock exchange Bolsas y Mercados Españoles, or BME is set to test its blockchain infrastructure for small- and medium-sized enterprise financing following a successful pilot run back in 2020.According to Finextra on Friday, this next set of trials by BME will involve businesses that are part of the country’s SME

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AMZN Stock Down 1%, Amazon Wins Appeal against EU, Commission Could Not Prove Illegal Tax Advantage

Amazon shares have seen a steady decline. AMZN stock has dropped more than 1% year-to-date and declined 1.17% in the last three months.E-commerce company Amazon.com Inc (NASDAQ: AMZN) has eventually won the legal battle against the European Commission (EU) regarding the payback of $303 million in taxes. Now, Amazon will

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Apple Released iOS 14.5 Dubbed Nightmare for Facebook, AAPL Stock Up 0.30% on Monday

According to Facebook CEO Mark Zuckerberg, Apple is likely to hurt small businesses and deny users personalized services. Apple Inc (NASDAQ: AAPL) stock closed yesterday trading at $134.72, up 0.30%. Additionally, AAPL stock was up approximately 0.13% during the after-hours trading session. Notably, Apple released its latest software update, iOS 14.5

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Binance to launch Microstrategy, Apple, and Microsoft stock tokens

Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month.On April 26, Binance announced it will launch tokenized stock pairings for leading business intelligence firm, Microstrategy

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