February 2, 2022

Stocks making the biggest moves midday: Alphabet, PayPal, General Motors, AMD & more

Stocks making the biggest moves midday: Alphabet, PayPal, General Motors, AMD & more

Check out the companies making headlines in midday trading Wednesday. Alphabet – Shares of Alphabet popped 8.6% after the Google parent posted blowout quarterly results and announced a 20-for-1 stock split. Alphabet beat analyst estimates for every major metric, except for YouTube advertising revenue; the company reported a profit of $30.69 per share in the fourth quarter, compared with …

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El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability. In June, El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele’s proposal to embrace cryptocurrency. As many as …

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India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation

India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation

India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto Is Not Illegal in India, Official Confirms Following the announcement on cryptocurrency taxation by Indian Finance Minister Nirmala …

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Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Users have been warned against a new malware designed to steal crypto from browser extension wallets such as MetaMask and Coinbase Wallet. Security was never the strong suit of browser-based crypto wallets to store Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. However, new malware makes the safety of online wallets even more complicated by directly …

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Deutsche Bank Initiates Coverage of Metaverse Play Matterport, Sees Near 50% Upside

Deutsche Bank Initiates Coverage of Metaverse Play Matterport, Sees Near 50% Upside

The bank initiated coverage with a buy rating and $14 price target. Deutsche Bank initiated coverage of metaverse play Matterport with a buy rating, calling the company a leader in the digitization of the built world. The bank’s analysts led by Bhavin Shah started coverage on Tuesday with a price target of $14, implying a 46% upside …

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GET PAID IN BITCOIN WITH NYDIG’S BITCOIN SAVINGS PLAN

GET PAID IN BITCOIN WITH NYDIG’S BITCOIN SAVINGS PLAN

The product caters to employers seeking to attract the best talent by offering payments in bitcoin. Leading U.S. companies can now offer their employees the option to get paid in bitcoin by opting into NYDIG’s newly launched product, Bitcoin Savings Plan. The offering is an employee benefit program through which the worker can choose what …

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NFT tickets will go on sale in 2022, bringing together artists and fans.

NFT tickets will go on sale in 2022, bringing together artists and fans.

Nonfungible tokens have proven to be successful across a number of industries. From gaming to high-end luxury fashion, NFT use cases have demonstrated the importance of creating lasting connections between a company or a brand and its users/customers. As such, it shouldn’t come as a surprise that the billion-dollar event-ticketing industry is on its way …

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Nickel Mining Presents the perfect Opportunity for a thriving global Industry

Nickel Mining Presents the perfect Opportunity for a thriving global Industry

Following a 4.2% decline in 2020 due to COVID-19, nickel production is witnessing a rebound driven by demand from stainless steel and electric vehicle (EV) battery markets. Mining Technology monitors the world nickel market by analysing nickel price trends and country-wise nickel production, consumption, export and import data. We also track the performance of nickel …

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