KEY POINTS BP’s first-quarter underlying replacement cost profit, used as a proxy for net profit, came in at $6.2 billion. Analysts had expected BP to report first-quarter profit of $4.5 billion, according to Refinitiv. The oil and gas giant also announced a further $2.5 billion in share buybacks. However, BP reported a headline loss for […]
Banco Galicia, the largest private bank in Argentina, is allowing its users to buy, sell, send and receive bitcoin on its mobile application. Banco Galicia is the largest private bank in Argentina by market share and recently announced it will allow its customers to invest in bitcoin and other cryptocurrencies. Argentina is suffering from hyper-inflation
ARGENTINA’S LARGEST PRIVATE BANK NOW ALLOWS USERS TO BUY BITCOIN Read More »
VanEck Community NFT co-founder Matt Bartlett said that the tokens could serve as a type of digital membership card. VanEck, an investment firm with over $82 billion in assets under management, revealed its entrance into the Metaverse by releasing a collection of 1,000 nonfungible tokens (NFTs) on Monday. The VanEck Community NFT, which is based on the
VanEck enters metaverse with launch of NFT collection Read More »
The blockchain will be a “regional supporter” for North America and Europe at this year’s World Cup and an official sponsor of next year’s Women’s World Cup. FIFA, soccer’s global governing body, locked in Algorand as an official blockchain partner before the World Cup competition that starts in November in Qatar. According to the agreement, Algorand will
Algorand Scores FIFA Partnership, ALGO Price Surges Read More »
A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of the experts on the panel are bullish on ether, with 61% saying now is the time to buy and a further 32% saying you should
Finder’s Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030 Read More »
Bakkt Holdings, Inc – a fintech firm that provides crypto solutions – announced on Monday a strategic alliance with Global Payments Inc – a US firm that offers payment technology and services to merchants, issuers and consumers – to expand use cases of cryptocurrencies. The strategic partnership will see Global Payments enable crypto redemption to
Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes Read More »
The Wikimedia Foundation has announced that it is going to suspend cryptocurrency donations across its wide range of platforms. The move became necessary based on requests from its community of donors as detailed in an announcement shared by the Foundation. The Wikimedia Foundation is an umbrella body for a group of platforms that adhere to the Wiki
Wikimedia Foundation Has Suspended Crypto Donation on its Platforms Read More »
KEY POINTS Apple CFO Luca Maestri said supply constraints related to Covid-19 could hurt sales by between $4 billion and $8 billion. Nokia CEO Pekka Lundmark said that the Finnish telco would have grown faster in the last quarter had it not been for supply chain issues. The lockdowns in China are adding to short-term
Chip supply issues are still giving some of world’s biggest companies a major headache Read More »
The bounce-back move has occurred near a technical support confluence, raising XRP’s possibility to rise 30% in Q2/2022. Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks.
XRP price rebounds after worst month since June 2021 — major recovery ahead? Read More »
Bitfarms released a bitcoin mining update detailing a 75% YoY increase in production and the custodying of 99% of total mined BTC in April. Bitfarms, a publicly traded bitcoin mining company, released bitcoin production results and a mining operations update for April 2022. The total revenue reached 405 BTC for the month, netting a total
BITFARMS MINED 405 BITCOIN IN APRIL, NOW HOLDS 5,646 BTC Read More »
