Author: Stefan Creadore

Oil Inventories Rise by 0.62M Barrels Last Week: API

By Yasin Ebrahim Investing.com – U.S. crude stockpiles rose last week, adding to investor concerns of a jump in global oil supplies amid growing expectations an Iran nuclear deal is near. West Texas Intermediate, the benchmark for U.S. crude prices, was down $0.98 a barrel to $65.30 on the news, after settling down $0.49 at $65.41 a barrel. U.S. crude

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Wall Street closes lower on weak telecom stocks despite strong retail earnings

By Echo Wang (Reuters) – U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart (NYSE:WMT) and Home Depot (NYSE:HD). AT&T Inc (NYSE:T) shed 5.8%, among the biggest percentage decliners in the benchmark S&P 500. It extended declines from Monday, when the telecoms firm said

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Tether to Launch USDT Natively on Avalanche if (!window.GrowJs) { (function () { var s = document.createElement(‘script’); s.async = true; s.type = ‘text/javascript’; s.src = ‘https://bitcoinads.growadvertising.com/adserve/app’; var n = document.getElementsByTagName(“script”)0; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || ; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 32, 728, 90, null,

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Current Announces Partnership With Acala To Create HyFi

Current, a leading US fintech company, announces its partnership with Acala, a decentralized finance platform built on the Polkadot network. With this partnership, they aim to establish a new category of hybrid finance (HyFi) combining both traditional and decentralized finance applications. To ensure the full trust of these products, Current will run its own infrastructure. Moreover, they will join the

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crypto

Bitcoin Can Now Pay for Luxury Yachts

Bitcoin can now take you to sea! A luxury yacht firm has just announced that it will now accept BTC payments for its services. It will also host mobile and web services on blockchain. The firm, Prime Experiences, is based in North America. It is co-founded by two Columbians, with over 15 years of experience. It has stated that it

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Elon Musk Loses World’s Second-Richest Rank as Tesla Dips

Based on Bloomberg’s report, Elon Musk has lost the second-richest position in the world. As Tesla’s CEO and founder of SpaceX, he lost his ranking after losing a total of $3.16 billion in one day. On another note, he lost his spot to the 72-year old LVMH Chairman Bernard Arnault. Musk’s fortune has dropped about $9.1 billion this year, while

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crypto

Tether To Go Live on High-Speed Avalanche

Tether revealed its initiative to expand beyond Ethereum to add a network option for traders to use. According to a press release on May 17, Tether will go live on for Avalanche’s DeFi ecosystem. Avalanche is a decentralized smart contracts platform created for t… This article was first published on coinquora.com Continue reading on CoinQuora We encourage you to use

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crypto

Swiss Bank to offer custody for Internet Computer

Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The firm said that it is the first bank to offer storage for ICP utility tokens, which debuted trading on May 11. Continue Reading

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