The post the automaker expects $1.0 billion charge in Q1 appeared on BitcoinEthereumNews.com. Shares of General Motors Company (NYSE: GM) are in the red this morning after the legacy automaker said it expects to take about a $1.0 billion charge in the first…
Binance partners with FC Shakhtar Donetsk for web3 development
The post Binance partners with FC Shakhtar Donetsk for web3 development appeared on BitcoinEthereumNews.com. Binance, the world’s largest exchange by trade volume, announced a sports partnership with FC Shakhtar Donetsk, a renowned Ukrainian football club. The club will be the first partner to benefit…
WWE to Merge with UFC Parent Company Endeavor Group to Leverage ‘Heavily in Demand’ Combat Entertainment
The post WWE to Merge with UFC Parent Company Endeavor Group to Leverage ‘Heavily in Demand’ Combat Entertainment appeared on BitcoinEthereumNews.com. A new deal sees the WWE and UFC merge under the same umbrella for all-round combat sports offerings subject to regulatory approval. The World Wrestling Entertainment (WWE) has agreed to merge…
VP Bank Partners with Metaco for Digital Asset Custody Services
The post VP Bank Partners with Metaco for Digital Asset Custody Services appeared on BitcoinEthereumNews.com. VP Bank, one of the most significant financial institutions in the Principality of Liechtenstein, has collaborated with Metaco, a market-leading developer of infrastructure for digital assets. The purpose of this…
Here’s What the Founder of the World’s Largest Hedge Fund Would Choose
The post Here’s What the Founder of the World’s Largest Hedge Fund Would Choose appeared on BitcoinEthereumNews.com. The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements…
Amazon to Launch NFT Marketplace on Private Blockchain
Amazon is reportedly making final tweaks to its NFT marketplace, with at least one document suggesting it will feature digital collectibles from well-known crypto-native creators and projects like Beeple and Pudgy Penguins. Under the terms of a non-disclosure service agreement reviewed by Blockworks, the Amazon NFT marketplace will run on a private blockchain controlled by […]
Half Billion Dogecoin Moved by Binance in Wake of Positive DOGE News
The post Half Billion Dogecoin Moved by Binance in Wake of Positive DOGE News appeared on BitcoinEthereumNews.com. Yuri Molchan Binance has shoveled several hundred billion DOGE after coin’s trading volume surged 671% Contents Musk’s maneuver makes DOGE spike Alex Kruger expects “massive dog run” According to a…
Arbitrum Foundation Sells ARB Tokens Ahead of Governance and Budget Approval Votes
The Arbitrum Foundation had been selling ARB tokens in exchange for the stablecoin even before its governance community of token holders “approved” the organization’s nearly $1 billion budget, according to a blog post by an employee on Sunday. Peter McCorry said the foundation is a centralized organization tasked with promoting Arbitrum, a faster and cheaper […]
Toyota Clocks 9.1% Decline In March US Sales
The post Toyota Clocks 9.1% Decline In March US Sales appeared on BitcoinEthereumNews.com. Toyota Motor Corporation’s (NYSE: TM) Toyota Motor North America reported a 9.1% decline in March 2023 U.S. sales to 176,456 vehicles. Sales of electrified vehicles for the month represented 27.5% of the total…
Bitcoin Is the Ultimate Hard Money, a Digital Commodity Currency
In a recent interview with Blockstream CEO Adam Back, he addressed the confusion many new investors have about the relationship between Bitcoin mining costs and market value. Baker clarifies that the labor value fallacy correctly observes that something’s high production cost does not necessarily mean it is valuable to buyers. However, this fallacy is often […]