By CCN Markets: Elon Musk is bringing the FOMO, or Fear of Missing Out. The Tesla CEO tweeted out a reminder that federal tax credits for buying a Tesla will drop by half on July 1. He pointed out in another tweet that EV buyers in California will still have the Golden State’s $ 2,500 tax credit. US tax credit of $ 3750 drops in half for Tesla on July 1. Order online in a few mins at https://t.co/46TXqRrsdr. Return in 7 days for full refund. — Elon Musk (@elonmusk) June 14, 2019 The Tesla Tax Credit Halvening The current tax credit
Supermarket chain Carrefour has reportedly attributed a recent increase in sales to its use of blockchain tracking for food products.
U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business sales into the digital age.
Esports organization Team Liquid has announced that Twitch, the live streaming platform owned by Amazon (AMZN), will now be its exclusive sponsorship sales representative. We’re deepening our relationship with @Twitch as they become our exclusive sponsorship sales representative #LetsGoLiquid https://t.co/dFlCCyp9EC — Team Liquid (@TeamLiquid) February 21, 2019 According to the announcement, the arrangement will give Twitch exclusive […]
On Tuesday, Feb. 5, the infamous Goxdox blog returned to inform the public of more detailed Mt. Gox information that “no one wants you to know about.” According to Goxdox, the Mt. Gox trustee Nobuaki Kobayashi’s bank book shows that he previously sold large sums of BTC and BCH using the exchange Bitpoint. The cryptocurrencies were sold on a traditional trading platform, which goes against the trustee’s past statements that the coins would not be sold in this manner.
According to a report by Markets Insider, Nvidia generated $ 1.95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $ 602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. “We think NVDA generated $ 1.95 billion in total revenue related to crypto/blockchain. This compares to company’s statement that it generated around $ 602 million over the same time period,” Steves said. Did Crypto Cause Nvidia to Underperform? In the third quarter of 2018, Nvidia chief financial officer Colette Kress told investors to not expect any
Shares of aviation giant Boeing Co. surged on January 30, after the aerospace contractor reported that its earnings and profits for the fourth quarter of 2018 were significantly higher than expectations of Wall Street analysts. Amongst other things, this report provided a rather upbeat outlook for the 2019 financial year. According to the company’s reported earnings, net income grew to $ 3.42 billion, up from the $ 3.32 billion that was reported the previous year. Also, adjusted earnings per share rose from $ 5.07 to $ 5.48. The company’s revenues for the quarter stood at $ 28.34 billion as well, significantly beating the $ 1 billion
Apple’s fiscal Q1 revenue and profits fell, marking the first time the company had to report such dismal numbers for this particular quarter in more than 10 years. The culprits behind the declines were slowing iPhone sales and China’s economic downturn. Apple CEO Tim Cook talking about China on the company earnings call moments ago. Here's what he said: pic.twitter.com/Vt5GSABwB4 — CNBC's Fast Money (@CNBCFastMoney) January 29, 2019 The tech giant’s earnings per share and revenue did beat analyst estimates. This was despite iPhone sales coming in lower than estimates. Apple had warned investors about the expected lower sales at the
By CCN.com: Ripple released its fourth-quarter markets report this week. One thing is clear: the bear market is affecting Ripple as much as anyone else. Total sales of XRP from the company amounted to around $ 129 million versus the previous quarter, which saw sales of $ 163 million. XRP Sales Down in Q4 But Still Wildly Lucrative
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Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone
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The British pound fell from its two-month high early Friday as fears of a no-deal exit from the European Union rescinded. After hitting the $ 1.3000 mark on Thursday, the sterling pound is now trading around the $ 1.2940 level. While the sterling had hovered above the $ 1.2965 mark since the New York close, the decline accelerated
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Germany’s economy has witnessed slower growth than usual, according to data released from the Federal Statistics Office (Destatis). The data shows the country has been consistently growing for the past nine years, but the rate has slumped in the past 12 months. While the country’s GDP grew by 2.2 percent in 2017, it fell to … Continued
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The Aion Foundation has sold off half of the bitcoin and ether raised in an October 2017 token sale, says its CEO.
Scotcoin will donate £5 off every £20 it earns from its token sale to homeless people, revealed a local source. The cryptocurrency project, which aims to tackle poverty and fund charity ventures, announced that it would join hands with Social Bite, a Scotland-based nonprofit venture looking to end homelessness. Together, the organizations would generate funds
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A financial technology startup building a global blockchain payment network for a financial institution, Ripple, have released its third-quarter market report this week. They have revealed that they have sold over $ 160 million XRP during the quarter.
As announced by the official Twitter, they posted a link to the XRP market report:
The Q3 #XRP Markets report is here. Read about the key events in the XRP ecosystem over the last three months, including asset trading in Malta, hints at #crypto Wall Street adoption and why there was far less volatility in the markets this quarter. https://t.co/XYNp0D5S5F
Ripple (XRP), a fintech startup building a global blockchain payment network for financial institutions, released its third-quarter market report this week, revealing that it sold $ 163 million in XRP during the quarter. The Q3 #XRP Markets report is here. Read about the key events in the XRP ecosystem over the last three months, including asset trading […]
Ethfinex plans to host token sales and ICOs within its platform. The company has developed what they believe to be a more equitable method for involving investors in ICOs.
Will Decentralized ICOs Level the Playing Field?
Ethfinex will soon offer users the opportunity to participate in token sales and ICOs provided directly through the exchange platform. Both Ethfinex and Bitfinex are under the umbrella of parent company iFinex Inc and a message on Ethfinex’s blog says that additional details of the first sale are expected with days.
As the end of 2018 draws near a quarterly market report from Ripple shows that the company is on the right track.
The Numbers Say it All
A Q3 2018 XRP Markets Report from Ripple shows that the company more than doubled its sales of XRP from Q2 to Q3 of 2018. The report notes that Ripple sold $ 163.33 million XRP in Q3, which is a significant increase when compared to $ 75.53 million in Q2.
Shares of the American multinational semiconductor company AMD have plummeted amid lackluster sales of blockchain-related products. The firm revealed in its quarterly report that blockchain-related GPU sales were “negligible.”
Revenue Drops, Stock Price Follows
Per the quarterly report published October 24, AMD has recorded a revenue of $ 1.65 billion for the third quarter of 2018. This marks a 4 percent increase compared to last year’s results but it’s down 6 percent from the previous quarter.
According to the chief executive of the company Lisa Su, the graphics channel sales were lower throughout the quarter, hence the reduced revenue:
The highly-ambitious Call of Duty: Black Ops IIII is reportedly breaking multiple digital sales records as the data is revealed from last week’s launch. Thank you to everyone for making #BlackOps4 the biggest launch day one digital sales in Activision history. https://t.co/14URuZmSKt pic.twitter.com/9Y1HOfnpwa — Activision (@Activision) October 14, 2018 According to an announcement by Activision (ATVI), Black […]