Cryptocurrency Analysis and News Portal
Despite a strong profit and raising its guidance for the year, General Motors announced second-quarter earnings, which did not meet Wall Street’s estimates.General Motors (NYSE: GM) posted second-quarter (Q2) earnings of $34.2 billion in revenue and $1.97 in adjusted EPS, which missed Wall Street expectations. In comparison, Wall Street projected
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Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services.State Street, the second-oldest operating bank in the United States, announced Thursday that it would provide digital and crypto asset administration services for the company’s private
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The second-oldest bank in the U.S. State Street Bank, with close to $4 trillion in assets under management (AUM) and over $40 trillion in assets under custody and administration, is planning to offer cryptocurrency services to its private fund clients. State Street Partners With Lukka to Provide Crypto Services In a press
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Dow Jones recovers all losses from Monday with two-day consecutive rallies. Interestingly, the bond market is also fuelling optimism on Wall Street. On Wednesday, July 21, Wall Street cheered with US stocks climbing for the second consecutive day. The Dow Jones Industrial Average (INDEXDJX: .DJI) was up 0.83%
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Chief Investment Officer at Second Foundation Partners, Ben Hunt, believes Bitcoin going mainstream dulls its original use case and brings unacceptable compromises. The leading cryptocurrency was founded on the principles of being permissionless and censorship-resistant. In short, a way to stick it to the establishment. But with Wall Street increasingly co-opting
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Apart from mobile gaming, AppLovin has built its position in the market by developing marketing software for app developers to help them promote their products.It certainly wasn’t a great start on Wall Street for mobile gaming company AppLovin Corp (NASDAQ: APP). On Thursday, April 15, as the company debuted on Wall
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A Latvian artist going only by the name of Kiwie has announced their intention to release more than a thousand nonfungible tokens that represent real-world street art.According to a statement from Kiwie, the nonfungible token, or NFT, pieces will allow art connoisseurs to physically own street art without removing the
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Investors see Bitcoin as a potential inflation hedge as trillions of dollars were pushed into financial institutions by central banks across the globe in an attempt to restore a coronavirus-affected economy.According to reports, the Wall Street firm Goldman Sachs took back its 2018 launched cryptocurrency trading desk and gave it
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Bitcoin once again just pierced past $50,000 for the second time in history. The first time was earlier today, which was when the cryptocurrency shot past $50,400 early Monday morning as MicroStrategy doubled down on its support for the leading digital asset. The cryptocurrency recently began to flirt with that milestone
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