Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Chinese EV (electric vehicle) market which is among the most competitive globally has been witnessing a brutal price war. Last week, Tesla along with over a dozen Chinese automakers pledged to avoid… Continue reading China’s Automotive Association Tried Curbing the EV Price War but the Move Failed
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Reserve Bank of Zimbabwe is currently testing a new digital currency backed by gold. This currency is being trialed to see if it can be a reliable option for Zimbabweans instead of… Continue reading Zimbabwe to Introduce Gold-Backed Digital Currency as Alternative to Foreign Currencies
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Crypto exchange Bitfinex recovered $314,000 worth of cash and $BCH from a crypto hack in 2016. The trading platform received the assets from the United States Department of Homeland Security, with more efforts… Continue reading US Homeland Security Aids Bitifinex to Retrieve $314,000 From 2016 $3.6 Billion Hack
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Alibaba stock (NYSE: BABA) is trading higher in early US price action today even as China imposed a nearly $1 billion fine on its affiliate Ant Financial. The People’s Bank of China imposed… Continue reading Alibaba Stock Rises Even as China Imposes $1 Billion Fine on Ant Financial
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Miners on the Bitcoin network recorded huge returns after raking in $184 million in user transaction fees. This follows the introduction of the nascent BRC-20 token standards on the decentralized network. $2.4 Billion… Continue reading Bitcoin Miners Enjoy Bumper Q2 With $184 Million Transaction Fee Generated
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Billionaire investor Mark Cuban has criticized the U.S. Securities and Exchange Commission (SEC) for adopting the wrong approach to regulating the crypto industry, which led to the fall of the FTX exchange. An… Continue reading SEC Mistakes Responsible for the Collapse of FTX – Mark Cuban
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Mark Cuban, a famous investor, and owner of the Dallas Mavericks basketball team, criticized the U.S. Securities and Exchange Commission (SEC) for their approach to regulating cryptocurrencies. He believes the SEC has made… Continue reading Mark Cuban Criticizes SEC’s Approach to Crypto Regulation, Advocates Learning from Japan’s Investor Protection Measures, and Recommends Crypto-Specific Registration and Token Framework
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Popular traditional finance firm BlackRock has refiled a fresh proposal with regulators through Nasdaq for the Bitcoin exchange-traded fund (ETF). Coinbase Included in Surveillance-Sharing Agreement Nasdaq has submitted a new 19b-4 form to… Continue reading Nasdaq Submits BlackRock’s Bitcoin ETF Amended Proposal After SEC’s Rejection
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rivian stock (NYSE: RIVN) rose over 17% yesterday and had its best day in eight months after it reported better-than-expected production and delivery numbers for the second quarter of 2023. Rivian stock has… Continue reading Rivian Stock Spikes as Second Quarter Deliveries Smash Estimates
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Venture capitalist Tim Draper has revised his timeline for Bitcoin’s price to reach $250,000. Tim Draper remains optimistic but acknowledges that it might take “a little longer” for the world’s largest cryptocurrency to… Continue reading Tim Draper Revises Bitcoin Timeline to Reach $250,000, Expresses Regulatory Concerns, and Highlights Long-Term Confidence in Crypto Potential
