Day: January 14, 2021

GME Stock Jumps 57%, GameStop Reports Spike in Revenue, Anticipates Better Sales in 2021

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GameStop seeks to increase its e-commerce sales away from physical stores in the coming quarters.  The stock of American video game retailer GameStop Corp (NYSE: GME) closed yesterday trading at $31.40, up 57.39%. Meanwhile, the surge had continued during Thursday’s pre-market as GameStop stock was up approximately 16.27% to trade around $36.51 at the time of writing. The spike is attributed to several positive aspects that the company has announced in the past few days. First, GameStop announced on Monday that its sales rose by 4.8%, on a comparable-store basis…

Man offers city $72M to dig up accidentally discarded Bitcoin fortune

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James Howells, the owner of a discarded hard drive with 7,500 Bitcoin (BTC), has made a fresh plea to excavate a landfill site and possibly recover the device. Back in 2013, Howells accidentally threw away a hard drive containing 7,500 BTC while cleaning his house. The Bitcoin stash came from Howell’s mining activity back when it was still possible to use CPUs to mine Bitcoin/ By November 2013, the Bitcoin  in the hard drive was already worth $6.5 million and Howell has been trying to recover it ever since. Now,…

Polkadot skyrockets nearly 30% to $10 billion market cap: What’s behind the rally?

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Polkadot (DOT), the second-largest smart contract protocol in the cryptocurrency market by valuation behind Ethereum, is up nearly 30% in the last 24 hours. Polkadot’s market capitalization has also surpassed $10 billion, solidifying its position as the fifth-biggest crypto asset. There are several major reasons behind DOT’s strong uptrend: strong technical market structure, anticipation of scalable blockchain networks, and the craze around DeFi. DOT/USDT daily price candle chart (Binance). Source: TradingView.com Strong technical market structure and rising sentiment In December 2021, DOT reached a new all-time high, rising to around…

FSA in Japan Says XRP Is Not Security

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Japan is not the only country to have released a statement saying it does not recognize XRP has a security. Financial authorities in the United Kingdom have the same position. Authorities in Japan have said that they do not consider the XRP token closely connected to Ripple‘s solutions to be a security. This was made known via a report by The Block. According to the report, the Japanese Financial Services Agency (FSA) said that the token does not fulfill the criteria of being called a security under the laws of…

ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’

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The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin, she suggested that the crypto regulation could be “initiated by the G7, moved into the G20 and then enlarged.” ECB Chief Calls for Bitcoin Regulation Globally ECB President Christine Lagarde said in an interview at the Reuters Next conference Wednesday that bitcoin is “a speculative asset…

Simple & effective BITCOIN investment strategy! When to buy? 简单有效的比特币投资策略！什么时候买？

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ABNB Stock Up 5.72%, Airbnb Cancels Washington DC Reservations Ahead of Inauguration

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Airbnb saw its market valuation surge above $100 billion for the first time ever. American vacation rental online marketplace company based in San Francisco Airbnb Inc (NASDAQ: ABNB) has seen a growth in its stock price as well as its overall valuation. The growth comes on the heels of another record close of Airbnb (ABNB) stock on Wednesday with a gain of 5.72% US$169.99 per share. As reported by the Motley Fool, this growth in ABNB’s stock is the third time this week the stock will be closing above 3%…

Affirm Raises $1.2B in IPO, Affirm Stock Soars 98% on First Trading Day

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Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.  Affirm, Inc (NASDAQ: AFRM), Max Levchin’s lending company that provides financing for one-time online purchases, has debuted on the Nasdaq trading exchange. Affirm stock has soared 98% in the IPO, jumping from the starting price of $49 to over $90 per share. Notably, the initial target price was $41 to $44. On the first day of public trading, it more than doubled, as AFRM stock closed at $97.24. The…

Best Free Bitcoin Mining Software 2020

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