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Ex-Employee Sues Zcash Operator in $2 Million Lawsuit Over Unpaid Stocks
11.6.2019
The company behind cryptocurrency zcash (ZEC) is facing a $2 million legal challenge over unpaid shares
Analyst Calls Elon Musk a Charlatan and Terms Tesla Stock Worthless
6.6.2019
Tesla is often regarded as one of the most innovative companies in the world and for the right reasons, considering the fact that it remains one of the biggest pioneers in the electric vehicle industry. By the same token, its founder Elon Musk has also acquired a cult-like following all over...
Dutch Crypto Exchange Blockport to Attempt Relaunch After Bankruptcy Caused by Failed STO
4.6.2019
Dutch crypto exchange Blockport will try to relaunch the platform after the firm declared bankruptcy following a failed STO
Car Manufacturing Stocks Up in Europe Despite the Onset of Tech Selloff
4.6.2019
Over the years, the biggest tech companies in the world have been spooked by a wide range of anti-trust actions brought on by the local regulatory authorities. In a sensational development, the regulatory authorities in the United States regulatory authorities initiated anti-trust action against...
Bitcoin Drops Below $8K, Stocks See Volatility Amid Global Trade Tensions
4.6.2019
Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin dropping back below the $8,000 price point
Bitcoin Continues to See Negative Corrections After Breaking $9,000, US Stocks Tumble
3.6.2019
Bitcoin has seen another negative correction after breaking $9,000
BUX and ABN AMRO Clearing Partner on Blockchain-Powered Stocks Investment Mobile App
29.5.2019
Securities services provider ABN AMRO Clearing will provide European mobile investment platform BUX with blockchain solutions for its forthcoming stock trading mobile app
Crypto Assets Outshine Most Traditional Investments in 2019
29.5.2019
Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil,...
South Korean Won Gets Hammered With Increase In Foreign Investments
27.5.2019
The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...
Trading App Robinhood Set to Raise at Least $200 Million: Report
26.5.2019
A new funding round, worth at least $200 million, is set to be raised by trading app Robinhood, Bloomberg reports
As Deutsche Bank Shares Hit New Lows, CEO Promises Tough Cuts
23.5.2019
At one point of time, German banking giant Deutsche Bank was looked upon as being in the same category of some of the biggest banks of the world like Goldman, JP Morgan, and Barclays among others, as it set its sights on international domination. However, the financial crisis of 2008 burned...
US Reprieve for Battered Huawei Helps in Recovery of Tech Sector Stocks
22.5.2019
Huawei is the world’s biggest supplier of telecom equipment, but over the past few months, the company has been in absolute turmoil as the American authorities accused that the company’s equipment was a vehicle for Chinese spying and eventually banned it. Additionally, the US also reached out...
In for the Long Haul — How the New Long-Term Stock Exchange Can Help the Crypto Industry
18.5.2019
Could a newly approved stock exchange be of use to the crypto industry?
Japan’s Topix May Increase By 15% In 2020: Morgan Stanley
17.5.2019
Morgan Stanley, a leading investment bank, is expecting the Japanese Topix to increase by close to 15% by mid of 2020. As per a report published last week, it says that the Japanese stocks are the opposite of American stocks. While the American stocks are loved, the Japanese stocks are ‘oversold...
Microsoft Partnership and Buyback Announcements Send Sony Shares Soaring to New Highs
17.5.2019
When it comes to large corporations like Sony, a lot of effort needs to be made in order to send its shares soaring, and that is what happened yesterday as the company made some major announcement. While stock buybacks have been the flavor of the season for many of the biggest corporations in...
Chinese Giant Baidu Records First Quarterly Net Loss Since Listing, Stock Dips
17.5.2019
The fact that Google and many other tech giants are not allowed to ply their trade in China has proven to be a huge book for local tech companies, and over the years, many of those homegrown companies have gone on to become behemoths in their own right. The primary reason behind that hyper-growth...
Amazon or Bitcoin: Who is Spawning More Wealth?
16.5.2019
Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon went public on 15 May 1997, 22 years ago today. When Amazon first went public in 1997, its stock was priced at just $18 per share. But in the 20-plus years...
Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit
16.5.2019
When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...
Warren Buffett’s Berkshire Hathaway reveals its Gigantic Stake in Amazon
16.5.2019
Warren Buffett is one of the most successful investors in history and over the years, he has been known to make large bets on companies that he believes in, and eventually, he ends up holding them for years. However, at the same time, Buffett is also known to have strong opinions about stocks...
Asian Stocks Show Upward Trend as Trade War Worries Ease
15.5.2019
The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...