Bulk of China’s tightened belt and road energy finance goes to Africa

Bulk of China’s tightened belt and road energy finance goes to Africa
Added 3 hours ago
Summary: Despite dropping to their lowest level since 2008, Chinese loans to the sector topped US$4.6 billion in 2020.
1 people have read this

Stock gains power higher Berkshire profit, Buffett presses on with stock buybacks

Stock gains power higher Berkshire profit, Buffett presses on with stock buybacks
Added 4 hours ago
Summary: Warren Buffett's Berkshire Hathaway Inc on Saturday said stock market gains fueled a record quarterly profit, while the billionaire signaled investors are undervaluing his company by repurchasing another $9 billion of its stock.
Sentiment: positive
5 minute read
1 people have read this

Warren Buffett says 'never bet against America' in letter trumpeting Berkshire's U.S.-based assets

Warren Buffett says 'never bet against America' in letter trumpeting Berkshire's U.S.-based assets
Added 5 hours ago
Summary: Warren Buffett, chairman and CEO of Berkshire Hathaway, released his annual shareholder letter on Saturday.
Sentiment: positive
7 minute read
1 people have read this

House passes $1.9 trillion Covid relief bill, sends it to Senate

House passes $1.9 trillion Covid relief bill, sends it to Senate
Added 6 hours ago
Summary: House Democrats approved their $1.9 trillion coronavirus relief bill as the party tries to get the rescue package to President Joe Biden.
Sentiment: negative
5 minute read
1 people have read this

Bitcoin miners have stopped selling their BTC and have started to accumulate - AZCoin News

Bitcoin miners have stopped selling their BTC and have started to accumulate - AZCoin News
Added 7 hours ago
Summary: According to Glassnode, Moskovski Capital CEO, Lex Moskovski, said that Bitcoin miners have stopped selling their BTC and have started to accumulate.
Sentiment: positive
1 minute read
1 people have read this

BA parent company books huge loss, pushes for digital passes

BA parent company books huge loss, pushes for digital passes
Added 7 hours ago
Summary: LONDON (AP) — The parent company of British Airways and Iberia on Friday said it lost 6.9 billion euros ($8.3 billion) last year as the pandemic caused a near-total collapse in international air...
Sentiment: negative
3 minute read
1 people have read this

Volkswagen weathers pandemic with $10.7 billion profit

Volkswagen weathers pandemic with $10.7 billion profit
Added 7 hours ago
Summary: FRANKFURT, Germany (AP) — Volkswagen said Friday it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax in 2020 despite the pandemic. The world's No. 2 automaker said...
Sentiment: positive
4 minute read
1 people have read this
Stocks: $TSLA

Warren Buffett again encourages investors to bet on America

Warren Buffett again encourages investors to bet on America
Added 8 hours ago
Summary: OMAHA, Neb. (AP) — Billionaire Warren Buffett encouraged investors to maintain their faith in America's economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter...
Sentiment: positive
8 minute read
1 people have read this

It's a smash hit! Chinese return big-time to movie theaters

It's a smash hit! Chinese return big-time to movie theaters
Added 8 hours ago
Summary: BEIJING (AP) — The thrills and chills of the big screen are back big-time in the world’s largest film market. With the coronavirus well under control in China and cinemas running at half...
Sentiment: positive
6 minute read
1 people have read this
Cryptos: $OCN

3 money management CEOs overseeing $150 billion break down why bitcoin will flourish despite regulatory uncertainty — and explain how the digital currency will continue to mature into the $200k-$400k range

3 money management CEOs overseeing $150 billion break down why bitcoin will flourish despite regulatory uncertainty — and explain how the digital currency will continue to mature into the $200k-$400k range
Added 10 hours ago
Summary: As bitcoin slumps from record highs, 3 CEOs of billion-dollar money managers share why they are still bullish amid regulatory risks and volatility.
Sentiment: positive
9 minute read
1 people have read this
Stocks: $AAPL
Cryptos: $BTC$ARK

Tunisia's main party holds street protest, escalating government row

Tunisia's main party holds street protest, escalating government row
Added 10 hours ago
Summary: Tunisia's biggest political party rallied tens of thousands of supporters in the capital on Saturday in a show of strength that could fuel a dispute between the president and prime minister that has paralysed the government. It is the biggest demonstration in Tunisia for...
Sentiment: negative
5 minute read
1 people have read this

Highlights of Ohio governor's proposed 2-year spending plan

Highlights of Ohio governor's proposed 2-year spending plan
Added 12 hours ago
Summary: COLUMBUS, Ohio (AP) — Small businesses and local communities would share most of a $1 billion initiative to help them recover from the coronavirus pandemic, under Ohio Gov. Mike DeWine's two-year,...
Sentiment: positive
8 minute read
1 people have read this

Buffett Admits Error in Paying Too Much for Precision Castparts

Buffett Admits Error in Paying Too Much for Precision Castparts
Added 12 hours ago
Summary: Warren Buffett conceded a mistake with one of his biggest deals in recent years: the $37.2 billion purchase of Precision Castparts Corp. in 2016.
Sentiment: negative
2 minute read
1 people have read this
Stocks: $BRK.A$BRK.B

Cardano (ADA) Beats BNB And Enters The Top 3 Of The World's Largest Cryptocurrencies

Cardano (ADA) Beats BNB And Enters The Top 3 Of The World's Largest Cryptocurrencies
Added 13 hours ago
Summary: Despite de major crash of the markets, Cardano is now on the top 3 of the world's most capitalized cryptocurrencies, overtaking BNB's place.
Sentiment: positive
5 minute read
1 people have read this

Malaysia’s Biggest Pension Fund Says Performed Strongly in 2020

Malaysia’s Biggest Pension Fund Says Performed Strongly in 2020
Added 13 hours ago
Summary: Malaysia’s largest pension fund, the Employees Provident Fund, said Saturday it had a strong performance in 2020 and managed to navigate the economic and health crises caused by the pandemic.
Sentiment: positive
3 minute read
1 people have read this

'Now democracy starts,' Walz says as deficit becomes surplus

'Now democracy starts,' Walz says as deficit becomes surplus
Added 14 hours ago
Summary: MINNEAPOLIS (AP) — Minnesota's budget outlook has swung from a near $1.3 billion deficit to an almost $1.6 billion surplus, state economists announced Friday, an improvement that could ease the...
Sentiment: positive
6 minute read
1 people have read this
Stocks: $AWRE

Kraken to Double its Valuation to $10 Billion via Funding Round

Kraken to Double its Valuation to $10 Billion via Funding Round
Added 15 hours ago
Summary: Large crypto exchange Kraken is seeking additional funds to double its valuation to $10 billion, according to a Bloomberg report.
Sentiment: positive
4 minute read
1 people have read this
Cryptos: $ETH

Bitcoin Lending Grew Nearly 12x; Only Accounts for 0.15% of the $20T Total Collateral Market

Bitcoin Lending Grew Nearly 12x; Only Accounts for 0.15% of the $20T Total Collateral Market
Added 15 hours ago
Summary: There is also growing demand for Ether among traditional actors entering crypto lending with ultra-high-net-worth individuals, corporations, traditional hedge funds, and family offices wanting to enter the market looking to generate excess yield on idle cash.
Sentiment: positive
6 minute read
1 people have read this

Coinbase lists its Class A common stock via direct listing on Nasdaq | Invezz

Coinbase lists its Class A common stock via direct listing on Nasdaq | Invezz
Added 15 hours ago
Summary: Cryptocurrency exchange Coinbase is about going public after filing for an IPO with the U.S. Securities and Exchange Commission (SEC). However, the company stated that it’s going for a direct listing instead of the usual ICO that’s predominant in the industry. It has also applied for its shares to be listed on Nasdaq Stock Exchange. …
Sentiment: positive
4 minute read
1 people have read this
Stocks: $NDAQ
Cryptos: $$COIN

Miners Begin Accumulating Bitcoin Instead of Dumping, First Time Since Dec 27: Glassnode

Miners Begin Accumulating Bitcoin Instead of Dumping, First Time Since Dec 27: Glassnode
Added 15 hours ago
Summary: Glassnode has stated that miners have finally started accumulating Bitcoin instead of dumping coins on the market, pushing the indicator positive first time since Dec 27
1 people have read this

Canadian oil-producing province Alberta projects C$18 billion budget deficit

Canadian oil-producing province Alberta projects C$18 billion budget deficit
Added 16 hours ago
Summary: The Canadian oil-producing province of Alberta on Thursday estimated its 2021/22 budget deficit will shrink to C$18.2 billion ($14.5 billion), as its economy starts to recover from the damage wrought by the coronavirus pandemic.
Sentiment: negative
1 minute read
1 people have read this

Buffett is buying back more Berkshire stock this year after record $25 billion repurchase in 2020

Buffett is buying back more Berkshire stock this year after record $25 billion repurchase  in 2020
Added 16 hours ago
Summary: During the fourth quarter the company bought back around $9 billion of Berkshire shares, bringing the total 2020 repurchase to a record $24.7 billion.
Sentiment: positive
4 minute read
1 people have read this
Stocks: $BRK.A$BRK.B

Warren Buffett Defends Berkshire Hathaway’s $25 Billion in Buybacks

Warren Buffett Defends Berkshire Hathaway’s $25 Billion in Buybacks
Added 16 hours ago
Summary: The conglomerate’s fourth-quarter profits rose to $35.8 billion on the back of a soaring stock market. For the year, Berkshire bought back nearly $25 billion in shares.
2 minute read
1 people have read this
Stocks: $BRK.A$BRK.B

AT&T spinning off DirecTV after losing millions of customers

AT&T spinning off DirecTV after losing millions of customers
Added 18 hours ago
Summary: AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015. DirecTV has lost millions of customers on AT&T’s watch, and is...
Sentiment: negative
3 minute read
1 people have read this

House passes Joe Biden's COVID relief bill with $1,400 stimulus checks, legislation heads to Senate

House passes Joe Biden's COVID relief bill with $1,400 stimulus checks, legislation heads to Senate
Added 18 hours ago
Summary: The Democratically-controlled House approved Biden's $1.9T COVID relief bill, a key step that would provide many Americans $1,400 stimulus payments.
Sentiment: positive
8 minute read
1 people have read this

Warren Buffett's Berkshire Hathaway posts lower profits, reveals $25 billion in stock buybacks last year

Warren Buffett's Berkshire Hathaway posts lower profits, reveals $25 billion in stock buybacks last year
Added 18 hours ago
Summary: The famed investor's company spent about $30 billion on stocks in 2020, but sold around $39 billion worth.
Sentiment: positive
4 minute read
1 people have read this

Inside Asia’s booming online learning industry

Inside Asia’s booming online learning industry
Added 19 hours ago
Summary: For ed-tech giants like Yuanfudao and Byju’s, business is booming. But are students learning anything?
1 people have read this
Stocks: $BILI

Coinbase executes over $1 billion Crypto trades for world's biggest clients | Nairametrics

Coinbase executes over $1 billion Crypto trades for world's biggest clients | Nairametrics
Added 20 hours ago
Summary: Coinbase executes over $1 billion Crypto trades for world's biggest clients Cryptocurrency
Sentiment: positive
3 minute read
1 people have read this
Cryptos: $BTC$ETH$DOT

Volkswagen weathers pandemic with $10.7 billion profit

Volkswagen weathers pandemic with $10.7 billion profit
Added a day ago
Summary: German automaker Volkswagen made 8.8 billion euros, or $10.7 billion, last year despite the pandemic
Sentiment: positive
4 minute read
1 people have read this
Stocks: $TSLA

Breaking News, Latest News and Videos

Added a day ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: positive
12 minute read
1 people have read this

Texas grid users failed to pay $2 billion in charges on Friday - official notice

Texas grid users failed to pay $2 billion in charges on Friday - official notice
Added a day ago
Summary: Troubled Texas power grid operator ERCOT on Friday said $2 billion in charges for power and services went unpaid, according to an official notice, signaling the financial fallout from high electricity rates is spreading to utilities.
1 people have read this

IAG reports $8.3bn loss, supports COVID vaccination certificates

IAG reports $8.3bn loss, supports COVID vaccination certificates
Added a day ago
Summary: IAG backed calls for digital health certificates to be issued to people who have been vaccinated against COVID-19.
Sentiment: positive
3 minute read
1 people have read this

MicroStrategy Adds More Than $1 Billion in BTC to Its Asset Stash - Crypto Press

Added a day ago
Summary: MicroStrategy has established itself as one of bitcoin’s biggest fans in recent months. MicroStrategy Buys a Lot More Bitcoin The company was one of the first institutional players to come out publicly and support the world’s primary digital currency by market cap through a purchase of more than $250 million worth of the asset last […]
Sentiment: positive
5 minute read
1 people have read this
Cryptos: $BTC

BeInCrypto Weekly News Round-Up: February 26, 2021 - BeInCrypto

BeInCrypto Weekly News Round-Up: February 26, 2021 - BeInCrypto
Added a day ago
Summary: Welcome to BeInCrypto’s weekly news roundup for Feb. 22 - 26.
1 people have read this
Stocks: $TSLA$SQ

Undaunted Bulls Keep Shoveling Money Into Stocks

Undaunted Bulls Keep Shoveling Money Into Stocks
Added a day ago
Summary: Whether it’s heroic resolve or epic naiveté, stock investors are giving no indication that they are troubled by the worst volatility to land on the bond market in a year.
Sentiment: positive
7 minute read
1 people have read this
Cryptos: $MEME$FLASH

Warren Buffett's annual Berkshire Hathaway letter: What to expect

Warren Buffett's annual Berkshire Hathaway letter: What to expect
Added a day ago
Summary: For Buffett followers, it’s that magical time of year again.
Sentiment: positive
7 minute read
1 people have read this

Here are the interesting tidbits from Coinbase's IPO filing | CryptoSlate

Here are the interesting tidbits from Coinbase's IPO filing | CryptoSlate
Added a day ago
Summary: The Initial Public Offering (IPO) filing of Coinbase, the remote-first crypto exchange that caters to millions of users daily is public.
Sentiment: positive
4 minute read
1 people have read this
Stocks: $NDAQ
Cryptos: $BTC$ETH

Fidelity May Join Kraken's New Funding Round, Exchange Valued at $10 Billion | Crypto Briefing

Fidelity May Join Kraken's New Funding Round, Exchange Valued at $10 Billion | Crypto Briefing
Added a day ago
Summary: Kraken is reportedly eyeing a $10 billion valuation in new round of funding. The news follows Coinbase's recent IPO announcement.
Sentiment: negative
2 minute read
1 people have read this
Stocks: $NDAQ
Cryptos: $GAS$FLASH

Coinbase’s valuation could top $100 billion (Nasdaq:COIN)

Coinbase’s valuation could top $100 billion (Nasdaq:COIN)
Added a day ago
Summary: Cryptocurrency exchange Coinbase Global (Nasdaq:COIN) could be worth more than $100 billion when it goes public through an eagering anticipated direct listing.
1 people have read this

Kraken seeks $10B+ valuation in new funding round: Report

Kraken seeks $10B+ valuation in new funding round: Report
Added a day ago
Summary: Anonymous sources report that Kraken is looking to organize a fundraising round that could lift its valuation to more than $10 billion.
Sentiment: negative
2 minute read
1 people have read this

Bitcoin Falls Below $1 Trillion Market Cap Following Bloody Week: The Crypto Weekly Recap

Bitcoin Falls Below $1 Trillion Market Cap Following Bloody Week: The Crypto Weekly Recap
Added a day ago
Summary: It was a rough week in the cryptocurrency market. Bitcoin's total market cap fell below $1 trillion as it saw one of the more serious corrections since the start of the bull run.
Sentiment: positive
7 minute read
1 people have read this
Stocks: $NDAQ

Robinhood Faces Lawsuits and Regulatory Scrutiny

Robinhood Faces Lawsuits and Regulatory Scrutiny
Added a day ago
Summary: Robinhood, the brokerage of choice for legions of online day traders, is in talks with securities regulators and other authorities over a host of matters, including last month’s surge in shares of GameStop and other so-called meme stocks.
Sentiment: positive
30 minute read
1 people have read this
Cryptos: $RSV

Coinbase S-1 Filing: One Key Chart Shows 2020's Dramatic Bull Run

Coinbase S-1 Filing: One Key Chart Shows 2020's Dramatic Bull Run
Added a day ago
Summary: Coinbase’s S-1 filing doesn’t just show a $322 million profit for the crypto giant, it also documents Bitcoin’s huge 2020 bull run.
Sentiment: positive
6 minute read
1 people have read this
Stocks: $TSLA$SQ
Cryptos: $BTC

Kraken Following Coinbase's Footsteps, Planning to Raise Funds With a Valuation of $10B

Kraken Following Coinbase's Footsteps, Planning to Raise Funds With a Valuation of $10B
Added a day ago
Summary: Kraken Digital Exchange, one of the oldest crypto exchanges founded in 2011 is in talks with Fidelity, Tribe Capital, and General Atlantic as lead investor
Sentiment: negative
2 minute read
1 people have read this
Cryptos: $BTC

Short-sellers lose another $2 BILLION on GameStop as independent traders take on Wall Street again

Short-sellers lose another $2 BILLION on GameStop as independent traders take on Wall Street again
Added a day ago
Summary: Short-sellers lose another $2 BILLION on GameStop as independent traders take on Wall Street again
1 people have read this
Stocks: $GME

British Airways Owner Calls For Digital Health Passes For Passengers

British Airways Owner Calls For Digital Health Passes For Passengers
Added a day ago
Summary: Luis Gallego, the CEO of International Airlines Group, wants "common testing standards and the introduction of digital health passes."
1 people have read this

FCA releases detailed 5-point plan to make UK a fintech powerhouse

FCA releases detailed 5-point plan to make UK a fintech powerhouse
Added a day ago
Summary: The U.K.'s Financial Conduct Authority has released a comprehensive guide aimed at making the country a hub for fintech innovation and regulation in the world.
Sentiment: positive
6 minute read
1 people have read this

Fintech firm Klarna is raising $1 billion at a $31 billion valuation, sources say

Fintech firm Klarna is raising $1 billion at a $31 billion valuation, sources say
Added a day ago
Summary: Klarna is one of the world's largest providers of "buy now, pay later" services.
Sentiment: positive
2 minute read
1 people have read this
Stocks: $SWCH

'UK could become a global leader for issuance, trading and exchange of crypto' - AMBCrypto

'UK could become a global leader for issuance, trading and exchange of crypto' - AMBCrypto
Added a day ago
Summary: UK FCA has published a new review which detailed the nation’s approach to the Fintech sector based on the recommendations of Ron Kalifa.
Sentiment: positive
2 minute read
1 people have read this

Kraken Seeks to Double Its Valuation

Kraken Seeks to Double Its Valuation
Added a day ago
Summary: Kraken's valuation could surpass $20 billion depending on demand.
Sentiment: negative
1 minute read
1 people have read this
Stocks: $NDAQ
Cryptos: $DEX

Exchange-Traded Digital Assets Hit $44 Billion in February

Exchange-Traded Digital Assets Hit $44 Billion in February
Added a day ago
Summary: According to research from CryptoCompare, digital assets under management soared amidst growing cryptocurrency interest.
1 people have read this
Cryptos: $BTC$ETH$ETC

SoftBank reaches settlement with former WeWork CEO Neumann

SoftBank reaches settlement with former WeWork CEO Neumann
Added a day ago
Summary: SoftBank Group Corp said on Friday it has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019.
Sentiment: positive
3 minute read
1 people have read this

'UK could become a global leader for issuance, trading and exchange of crypto' - AMBCrypto

'UK could become a global leader for issuance, trading and exchange of crypto' - AMBCrypto
Added a day ago
Summary: UK FCA has published a new review which detailed the nation’s approach to the Fintech sector based on the recommendations of Ron Kalifa.
Sentiment: positive
2 minute read
1 people have read this

Bill Gates Issues Serious Bitcoin Warning As Tesla Billionaire Elon Musk Stokes Crypto Price ‘Mania’

Bill Gates Issues Serious Bitcoin Warning As Tesla Billionaire Elon Musk Stokes Crypto Price ‘Mania’
Added a day ago
Summary: Billionaires from Microsoft founder-turned global philanthropist Bill Gates to Tesla chief executive Elon Musk are weighing in on bitcoin...
1 people have read this
Stocks: $TSLA
Cryptos: $BTC$RLY$RSV

Kraken Is Aiming At The Valuation Of Over $10 Billion In Its Next Funding Round

Kraken Is Aiming At The Valuation Of Over $10 Billion In Its Next Funding Round
Added a day ago
Summary: Both Tribe Capital, as well as Fidelity have reportedly been having several conversations with Kraken as of late, according to a report provided by Bloomberg. The goal of these talks seems to be for a round of fundraising, which could potentially help the company raise its value to over $10 billion. Kraken’s value increases as …
Sentiment: positive
4 minute read
1 people have read this
Cryptos: $ETH

$3.3 Billion in Bitcoin Options Expire Today. Here's What It Means

$3.3 Billion in Bitcoin Options Expire Today. Here's What It Means
Added a day ago
Summary: How traders handle the money could shape the market.
Sentiment: positive
3 minute read
1 people have read this
Cryptos: $BTC$ETH

Robinhood to Plan Confidential IPO Filing as Soon as March

Robinhood to Plan Confidential IPO Filing as Soon as March
Added a day ago
Summary: Robinhood Markets Inc., the trading platform behind the boom-and-bust swing in GameStop Corp.’s shares, plans to file confidentially for an initial public offering as soon as March, according to people familiar with the matter.
Sentiment: positive
5 minute read
1 people have read this
Stocks: $AMC$GME

The company behind Louis Vuitton is now backing Birkenstock

The company behind Louis Vuitton is now backing Birkenstock
Added a day ago
Summary: The German maker of what's affectionately deemed the original ugly sandal has a luxurious new owner.
Sentiment: positive
5 minute read
1 people have read this
Stocks: $CROX

Mitt Romney Explains Biden’s Stimulus Bill Is a $1.9 Trillion Clunker

Mitt Romney Explains Biden’s Stimulus Bill Is a $1.9 Trillion Clunker
Added a day ago
Summary: President Biden is using Covid as an excuse to foster more liberal spending waste. Let's investigate Biden's proposal vs what should be done.
Sentiment: negative
2 minute read
1 people have read this

$3.3 Billion in Bitcoin Options Expire Today. Here's What It Means

$3.3 Billion in Bitcoin Options Expire Today. Here's What It Means
Added a day ago
Summary: How traders handle the money could shape the market.
Sentiment: positive
3 minute read
1 people have read this
Cryptos: $BTC$ETH

Cardano (ADA) Is Ripping! But Why...??

Cardano (ADA) Is Ripping! But Why...??
Added a day ago
Summary: Overview Cardano is the latest Proof of Stake (PoS) smart contract blockchain platform aiming to challenge Ethereum’s dominance in the space. It is a product of a scientific approach to solve the most critical issues of early blockchain projects....
Sentiment: positive
8 minute read
1 people have read this

Scammers offered ‘ghost’ vaccines to EU countries for 12.7 billion euros – anti-fraud body OLAF

Scammers offered ‘ghost’ vaccines to EU countries for 12.7 billion euros – anti-fraud body OLAF
Added a day ago
Summary: Amid a slow vaccine rollout in the European Union, several of the bloc’s member states say they were contacted by middlemen who offered to sell them some 900 million doses of Covid-19 jabs, EU anti-fraud agency OLAF has revealed.
1 people have read this

Texas’s Power Market Is $1.3 Billion Short After Energy Crisis

Texas’s Power Market Is $1.3 Billion Short After Energy Crisis
Added 2 days ago
Summary: Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout.
Sentiment: negative
7 minute read
1 people have read this
Stocks: $SPKE$SPKEP
Cryptos: $ASP$EVAN

Kraken looks for $10B valuation as Coinbase prepares to go public | Modern Consensus.

Kraken looks for $10B valuation as Coinbase prepares to go public | Modern Consensus.
Added 2 days ago
Summary: The U.S. based exchange’s funding round set to value it at as much as $20 billion, while larger rival Coinbase’s S-1 filing could see it worth $100 billion Kraken is in talks with firms including Fidelity, Tribe Capital and General Atlantic to raise the funds. However, if demand is as high as some suspect it will be, Kraken’s value could exceed $20 billion. That follows yesterday’s news that its larger competitor, Coinbase, filed a Form S-1 with the U.S. Securities and Exchange Commission, confi
Sentiment: positive
3 minute read
1 people have read this
Stocks: $NDAQ
Cryptos: $DVS

Kraken said to be raising new funding at over $10 billion valuation: report

Kraken said to be raising new funding at over $10 billion valuation: report
Added 2 days ago
Summary: Crypto exchange Kraken is reportedly seeking to raise new capital that would value itself at over $10 billion.
Sentiment: negative
2 minute read
1 people have read this
Stocks: $NDAQ
Cryptos: $$COIN

World's biggest wealth fund divests from tax dodgers

World's biggest wealth fund divests from tax dodgers
Added 2 days ago
Summary: Norway's sovereign wealth fund, the world's largest with assets of $1.3 trillion, said Thursday it had last year, for the first time, divested from companies it believes had dubious tax reporting practices.
Sentiment: positive
3 minute read
1 people have read this

Britain should overhaul listings to boost its $15 billion fintech sector post-Brexit, review says

Britain should overhaul listings to boost its $15 billion fintech sector post-Brexit, review says
Added 2 days ago
Summary: Britain is one of the leading players in fintech globally, attracting $4.1 billion in venture capital investment last year.
Sentiment: positive
5 minute read
1 people have read this
Stocks: $NDAQ$V

Ghana receive first Covid-19 vaccines from global Covax initiative

Ghana receive first Covid-19 vaccines from global Covax initiative
Added 2 days ago
Summary: It’s the start of a long campaign to immunize billions of people.
1 people have read this

Breaking News, Latest News and Videos

Added 2 days ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: positive
7 minute read
1 people have read this

SPAC Frenzy Emboldens Silicon Valley Startups to Forgo Venture Funding

SPAC Frenzy Emboldens Silicon Valley Startups to Forgo Venture Funding
Added 2 days ago
Summary: Private companies used to raise round after round of venture capital before listing publicly. But thanks to SPACs, more zero-revenue startups than ever before are jumping into the public markets with valuations exceeding $1 billion.
Sentiment: negative
3 minute read
1 people have read this

China seems to be living up to trade deal pledges, Biden's Agriculture secretary says

China seems to be living up to trade deal pledges, Biden's Agriculture secretary says
Added 2 days ago
Summary: Agriculture Secretary Tom Vilsack believes China is making good on promises it made as part of the phase one trade deal.
Sentiment: positive
2 minute read
1 people have read this
Cryptos: $USDA

Breaking News, Latest News and Videos

Added 2 days ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: positive
4 minute read
1 people have read this
Stocks: $ABNB$DASH

Vaccine rollouts slow down DoorDash orders

Vaccine rollouts slow down DoorDash orders
Added 2 days ago
Summary: Food delivery company DoorDash Inc expects fewer customer orders in the back half of the year as the vaccine rollouts embolden more people to venture out to restaurants and cafes, after nearly a year of staying indoors.
Sentiment: positive
3 minute read
1 people have read this

Breaking News, Latest News and Videos

Added 2 days ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: positive
14 minute read
1 people have read this

China Trucking Startup Files Confidentially for U.S. IPO

China Trucking Startup Files Confidentially for U.S. IPO
Added 2 days ago
Summary: China’s Uber-like startup Full Truck Alliance has confidentially filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.
Sentiment: positive
3 minute read
2 people have read this

AT&T spins out DirecTV as a $16B company, a quarter of what it paid in 2015

AT&T spins out DirecTV as a $16B company, a quarter of what it paid in 2015
Added 2 days ago
Summary: AT&T will spin its video businesses including DirecTV, AT&T TV, and U-Verse into a new company that it will jointly control with TPG. AT&T paid a total of over $60 billion to acquire the satellite provider.
Sentiment: positive
4 minute read
1 people have read this

MicroStrategy CEO Michael Saylor Wants More Bitcoin on His Stash

MicroStrategy CEO Michael Saylor Wants More Bitcoin on His Stash
Added 2 days ago
Summary: MicroStrategy owns over 3.3 million usd. But this is not the end for Michal Saylor, it's just the begginging, as he doesn't rule out a future purchase.
Sentiment: positive
4 minute read
1 people have read this
Stocks: $BOX
Cryptos: $BTC

Grayscale loses $3.3 Billion to volatile market swings

Grayscale loses $3.3 Billion to volatile market swings
Added 2 days ago
Summary: Grayscale, the world’s largest crypto asset manager, lost $3.3 billion to the recent crypto market rout, a testament to how things can quickly go south in the crypto space. In its asset update on February 24, the firm revealed that its assets under management (AUM) had fallen to $38.7 billion. Just two days earlier (February 22), Grayscale posted an AUM of $42 billion [https://twitter.com/Grayscale/status/1363966419759734787]. The $3.3 billion downturn in the firm’s trust value in just two days
Sentiment: negative
2 minute read
1 people have read this
Stocks: $SQ
Cryptos: $BTC$ETH$ETC

Coinbase S-1 First Impressions: The Block Research

Coinbase S-1 First Impressions: The Block Research
Added 2 days ago
Summary: The Block Research Coinbase S-1 filing notes
1 people have read this

Digital assets in exchange-traded products double in February to $44 billion: CryptoCompare

Digital assets in exchange-traded products double in February to $44 billion: CryptoCompare
Added 2 days ago
Summary: Digital assets under management across exchange-traded products doubled this month to a record $43.9 billion, researcher CryptoCompare said on Friday, underscoring soaring interest in securities that track digital currencies.
Sentiment: positive
2 minute read
1 people have read this
Stocks: $TSLA
Cryptos: $BTC

The first organism to use oxygen may have appeared surprisingly early

The first organism to use oxygen may have appeared surprisingly early
Added 2 days ago
Summary: Genetic evidence suggests microbes began to use oxygen about 3.1 billion years ago, long before the precious gas was plentiful
Sentiment: positive
6 minute read
1 people have read this

Breaking News, Latest News and Videos

Added 2 days ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: positive
12 minute read
1 people have read this

Personal Income increased 10.0% in January, Spending increased 2.4%

Personal Income increased 10.0% in January, Spending increased 2.4%
Added 2 days ago
Summary: The BEA released the Personal Income and Outlays report for January: Personal income increased $1,954.7 billion (10.0 percent) in Januar...
Sentiment: positive
1 minute read
1 people have read this

Crypto Exchange Kraken Aims at $10 Billion Valuation: Report

Crypto Exchange Kraken Aims at $10 Billion Valuation: Report
Added 2 days ago
Summary: Kraken is seeking a fresh round of funding that could value its business at more than five times its previous valuation.
Sentiment: positive
3 minute read
1 people have read this

Ark Innovation Fund ETF Nears 2-Month Low As Tesla, Bitcoin Extend Slump

Ark Innovation Fund ETF Nears 2-Month Low As Tesla, Bitcoin Extend Slump
Added 2 days ago
Summary: ARK Innovation ETF shares fell to the lowest levels in nearly two months Friday as the high-profile fund continues to absorb losses on two of its key holdings.
Sentiment: positive
5 minute read
1 people have read this
Cryptos: $BTC$ARK

Qantas says no international flights until October, reports billions in losses

Qantas says no international flights until October, reports billions in losses
Added 2 days ago
Summary: Australian carrier Qantas reported a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights ...
Sentiment: negative
4 minute read
1 people have read this

Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations

Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations
Added 2 days ago
Summary: Airbnb attributed much of the loss to charges related to the company's initial public offering in December.
Sentiment: negative
3 minute read
1 people have read this
Stocks: $ABNB

MicroStrategy Has Now Amassed $4,500,000,000 Bitcoin Fortune | The Daily Hodl

MicroStrategy Has Now Amassed $4,500,000,000 Bitcoin Fortune | The Daily Hodl
Added 2 days ago
Summary: In line with his firm's efforts to maximize its Bitcoin holdings, MicroStrategy CEO Michael Saylor is announcing the completion of another whopping billion-dollar BTC purchase.
Sentiment: positive
4 minute read
1 people have read this
Stocks: $SSTK
Cryptos: $BTC

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins
Added 2 days ago
Summary: MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class a
Sentiment: positive
4 minute read
1 people have read this
Stocks: $TSLA$SSTK
Cryptos: $BTC$RSV

MicroStrategy Has $4.5 Billion in Bitcoin, But It Wants More

MicroStrategy Has $4.5 Billion in Bitcoin, But It Wants More
Added 2 days ago
Summary: MicroStrategy plans to continue raising additional capital and using excess cash to buy even more Bitcoin, said CEO Michael Saylor.
1 people have read this
Stocks: $TSLA
Cryptos: $BTC

Chinese electric car start-up Li Auto expects it will sell fewer cars than Nio has been delivering

Chinese electric car start-up Li Auto expects it will sell fewer cars than Nio has been delivering
Added 2 days ago
Summary: Li Auto said late Thursday it expected to deliver between 10,500 and 11,500 cars in the first quarter of the year, or fewer than 4,000 vehicles a month.
Sentiment: positive
4 minute read
1 people have read this

MDEX skyrockets in DEX environment - AMBCrypto

MDEX skyrockets in DEX environment - AMBCrypto
Added 2 days ago
Summary: Fast-growing Heco-based MDEX recently announced record-breaking daily transaction volume of USD 5.05 billion. Implementing a unique ‘dual-chain dual-mining’ mechanism on the platform, MDEX burst on the DEX scene just slightly over a month ago on Jan 19 and has not looked back since. The young and ambitious DEX has its sights set on dethroning Uniswap […]
Sentiment: positive
6 minute read
1 people have read this

It’s a smash hit! Chinese return big-time to movie theaters

It’s a smash hit! Chinese return big-time to movie theaters
Added 2 days ago
Summary: February marked China’s all-time biggest month for movie ticket sales. The coronavirus is substantially under control there, and cinemas are running at half-capacity. A dearth of Hollywood blockbusters has boosted the market for Chinese films.
Sentiment: positive
6 minute read
1 people have read this
Cryptos: $OCN

MicroStrategy Now Has Bitcoin Worth Of $4.5 Billion | CryptoGazette - Cryptocurrency News

MicroStrategy Now Has Bitcoin Worth Of $4.5 Billion | CryptoGazette - Cryptocurrency News
Added 2 days ago
Summary: MicroStrategy and its CEO Michael Saylor have been some pretty powerful Bitcoin supporters. In line with the company's efforts to boost its Bitcoin holdings, MicroStrategy CEO recently announced the completion of another whopping billion-dollar BTC purchase. Saylor says the company has purchased an additional 19,452 Bitcoin for a price of approximately $1.026 billion. “MicroStrategy has purchased...
Sentiment: positive
4 minute read
1 people have read this
Cryptos: $BTC

Dell beats revenue estimates on buoyant demand for desktops, notebooks

Dell beats revenue estimates on buoyant demand for desktops, notebooks
Added 2 days ago
Summary: A global shift to remote work and learning early last year had spiked demand for remote workstation products
Sentiment: positive
3 minute read
1 people have read this
Stocks: $HPQ$VMW

Digital assets in exchange-traded products double in February to $44 billion: CryptoCompare

Digital assets in exchange-traded products double in February to $44 billion: CryptoCompare
Added 2 days ago
Summary: Digital assets under management across exchange-traded products doubled this month to a record $43.9 billion, researcher CryptoCompare said on Friday, underscoring soaring interest in securities that track digital currencies.
Sentiment: positive
2 minute read
1 people have read this
Stocks: $TSLA
Cryptos: $BTC

Autodesk spends $1 billion to acquire Innovyze

Autodesk spends $1 billion to acquire Innovyze
Added 2 days ago
Summary: The acquisition is the largest in Autodesk's history and is meant to position Autodesk as a provider of end-to-end software for the operations of water infrastructure.
Sentiment: positive
4 minute read
1 people have read this
Stocks: $ADSK$BOX

Joe Biden's COVID relief plan will get a House vote Friday, but it awaits a Senate divided over bill's size, scope

Joe Biden's COVID relief plan will get a House vote Friday, but it awaits a Senate divided over bill's size, scope
Added 2 days ago
Summary: The Democrat-controlled House is poised to pass Joe Biden's American Rescue Plan on a largely party-line vote. That might be the easy part.
Sentiment: positive
7 minute read
1 people have read this

Coinbase sent SEC filing to Satoshi in a symbolic gesture

Coinbase sent SEC filing to Satoshi in a symbolic gesture
Added 2 days ago
Summary: The largest cryptocurrency exchange is going public, but not without paying tribute to the author of the Bitcoin white paper and to the genesis block.
Sentiment: positive
3 minute read
1 people have read this
Cryptos: $BTC

Cathie Wood’s Main ETF Fluctuates After $4.9 Billion Asset Drop

Cathie Wood’s Main ETF Fluctuates After $4.9 Billion Asset Drop
Added 2 days ago
Summary: Ark Investment Management’s miserable week showed few signs of easing on Friday, as its flagship exchange-traded fund battled to avoid a fifth day of declines.
Sentiment: negative
4 minute read
1 people have read this
Cryptos: $ARK