In releasing its first-quarter results Thursday, DoorDash Inc. answered nagging questions about how well delivery can fare as the coronavirus pandemic subsides and diners begin to eat out again: pretty well. The food-delivery app company said it had gross orders of $9.9 billion for the quarter, well above analysts’ expectations of $8.97 billion. That was […]
It seems the low funding rate on ETH futures contracts and the recent 96% rally are not enough to convince traders to buy the Ethereum price dip.
A day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, Dogecoin, could be turned into a suitable replacement. “Working with Doge devs to improve system transaction efficiency,” Musk tweeted. “Potentially promising.” Dogecoin DOGEUSD, +22.99% prices immediately shot higher, after […]
While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like bitcoin (BTC) and ethereum (ETH) can be volatile and this has caused […]
Saying “people are ready to travel,” Airbnb Inc. on Thursday reported continued resilience in its business, posting higher-than-expected first-quarter revenue and increased gross bookings, but with a larger-than-expected $1.2 billion loss. Gross bookings climbed to $10.3 billion, compared with $6.8 billion in the year-ago period, and $4.4 billion higher than the previous quarter. Analysts on […]
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch.
Dogecoin is coming to Coinbase Global, the company said on Thursday during a call with investors and analysts to discuss its first-quarter performance. The plan is to list dogecoin in the next six to eight weeks, said CEO Brian Armstrong. The Coinbase COIN, -6.53% boss said that there is a need to accelerate the process […]
Variety reports that Chicago’s Lollapalooza has been cleared to continue with a four-day event in its usual venue (Grant Park) at full capacity — or else, near to it. The festival’s organizers, C3 Presents, are expected to make an official announcement sometime next week, along with headliners. While C3 declined to comment, Variety notes the […]
Boxing legend Floyd Mayweather will release his own NFTs before the upcoming bout with Youtuber Logan Paul. The exclusive collection celebrates Mayweather’s legacy in life and sport with unique items. Floyd remained undefeated throughout his professional career after winning major titles in multiple weight classes. NFT Collection to Feature Rare Mayweather Memorabilia The NFTs will […]
Frontier Group Holdings Inc. stock rose more than 5% late Thursday after the low-cost airline reported a narrower-than-expected quarterly loss and said it saw “a strong rebound” in leisure travel, the type it specializes in, leading the company to become cash positive. Frontier ULCC, -0.55%, which became a public company in March, said it lost […]
When it comes to pop culture figures that rappers love to reference in their songs, NBA Hall of Famer Shaquille O’Neal stands head and shoulders above the rest — literally, in most cases. Not only does he have an extensive hoop, film, and rap career to draw lyrical comparisons to, but there is a wealth […]
sponsored The leading blockchain Virtual Reality (VR) Metaverse platform Dvision Network is set to migrate to the Binance Smart Chain network through the cross-chain bridge. Dvision Network has changed the blockchain space by offering users an ecosystem that encompasses NFTs and virtual reality. The migration to Binance Smart Chain could prove to be a masterstroke […]
Ether now accounts for 19.2% of the overall cryptocurrency market, whereas Bitcoin dominance has fallen to 40.7%.
Bitcoin remains on slippery ground and the completion of a bearish candlestick pattern signals that further downside is possible for BTC and altcoins.
Traders bullish on Ether have a $109 million advantage heading into the $730 million ETH options expiry on May 14.
In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth.
Hi there, MarketWatchers. Don’t miss these top stories. 5 summer destinations that still have rentals available Revenge travel. Have you heard of it? That’s the term being used for the expected surge of vacations set to take place this summer as more vaccinated Americans make up for a year of lost travel. Read More I […]
These days it’s easy to feel like it’s J. Cole’s world, we’re just living it. As the North Carolina label head and rapper readies his next release, The Off-Season — which is dropping later tonight at midnight — the constant updates and hip-hop fan fervor has been hard to ignore. Cole is more than capable […]
Jaden Smith — who is also known mononymously as “Jaden” — is set to expand his philanthropic food truck operation into a full-blown restaurant, according to Variety (scroll down a bit). The restaurant, called I Love You, builds on the efforts he made to help feed homeless people on Los Angeles’ Skid Row two years […]