Ethereum Ropsten proof-of-stake test merge goes live on last Wednesday. Developer merged Ropsten’s Proof of Work chain with its Proof of Stake Beacon Chain. The goal of this test merge is to prepare for the main merge, which is expected…
PayPal, after having provided crypto buy, sell and hold service since October 2020, finally allows users to transfer their digital assets off the platform. This functionality is only available to select U.S. users, but it will open to all eligible…
The crypto market has dropped significantly after the release of CPI report that indicates a 40-year-high of 8.6% in U.S. inflation in May. The market has remained relatively steady earlier in the week. After the CPI report, Bitcoin plummeted by…
10/06 (Fri) Closing Price: $109.65 The first stock split by Amazon since 1999 went into effect on June 6, and the stock price soared to triple digits. The e-commerce giant announced earlier this year that its board of directors had…
10/06 (Fri) Closing Price: $696.69 As reported in the U.S. stock file submitted to the regulator on Friday, June 10, after hours, Tesla plans to discuss the proposed stock split at its shareholder meeting on August 2. After the stock…
10/06 (Fri) Closing Price: $109.65 The first stock split by Amazon since 1999 went into effect on June 6, and the stock price soared to triple digits. The e-commerce giant announced earlier this year that its board of directors had…
10/06 (Fri) Closing Price: $109.84 The Chinese government has given preliminary approval to Ant Group to resume its initial public offering, and sources from Reuters reported that the group had planned to submit a preliminary prospectus in Shanghai and Hong…
Bank of Japan Governor Haruhiko Kuroda renewed the bank’s commitment of ultra-loose monetary policy last week, noting that the economy is still going through a recovery from the pandemic and that rising commodity prices can lead to pressure on the…
The annual consumer price climbed to 8.1% in the Eurozone in May. In order to curb the exacerbating inflation, the ECB Governing Council announced plans to raise its key interest rates by 25 basis points at its July meeting. With…
U.S. consumer price index hit a record high of 8.6% in May since December 1981. Core inflation excluding food and energy rose at a pace of 6%, which exceeded economists’ expectations. Whilst a rise in food prices contributed to the…