Latest Market News

Apr 06
Meta may introduce tokens and digital currency lending services to apps: Report

The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse. 322 Total views 10 Total shares Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency named after CEO Mark Zuckerberg as well as lending services to apps it owns, which may include […]

Apr 06
Biden announces 2 nominees for SEC

President Joe Biden on Wednesday announced two nominees for the Securities and Exchange Commission. A White House statement said Biden is tapping Jaime Lizárraga, currently a senior adviser to House Speaker Nancy Pelosi, a California Democrat, and Mark Uyeda, an SEC attorney who is currently on detail to the Senate Banking Committee. Source: Marketwatch

Apr 06
Nifty News: Solana NFT sales pass $1.6B, wash trading on LooksRare and more

The Solana network is gaining traction among nonfungible token (NFT) traders as total sales have surged past $1.6 billion, making it the third most active blockchain by NFT sales volume. Data from NFT transaction tracker CryptoSlam confirm that total sales on Solana have reached the milestone. Solana’s visibility among traders is clear as it has also […]

Apr 06
iFit withdraws IPO following postponement in October

NordicTrack brand owner iFit Health & Fitness Inc. is scrapping its plans for an already postponed initial public offering, according to a filing with the Securities and Exchange Commission on Wednesday. In its brief filing with the SEC, iFit merely said: “The company is applying for withdrawal of the registration statement because the company has […]

Apr 06
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K

Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, now totaling to 35,768 BTC. Terra buys the dip… again The move comes after a multi-day lull in buying activity […]

Apr 06
Boeing doles out cloud award to Amazon, Microsoft, Google

In the latest sign that multi-cloud computing awards will become a corporate and government agency norm, Boeing Co. BA, -2.24% on Wednesday announced it has awarded a contract to the three biggest U.S. cloud-computing companies — Amazon.com Inc.’s AWS AMZN, -3.19%, Microsoft Corp. MSFT, -4.33% and Alphabet Inc.’s Google GOOGL, -3.00% GOOG, -2.85% — to […]