Square reports high crypto sales in Q4 2019

Square, the digital payment processor, said its earnings and revenue for the fourth quarter that topped analytic expectations but fell short of on guidance. The company released the report on Wednesday 27. The company fell nearly 6% at $74 per share in after-hours trading because the revenue was weaker than expected. Per the company’s recent…

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Samsung and Apple are losing ground to Huawei because their phones are too expensive

Research released by Gartner shows China’s Huawei is gaining ground over major rivals like Samsung and Apple. Apple’s iPhone suffered its worst quarterly year-on-year sales decline since the first quarter of 2016, Gartner says. Gartner’s Anshul Gupta says Samsung and Apple’s high price tags are putting consumers off. Samsung and Apple are increasingly losing their…

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Nicolas Shamtanis Heads to APAC, Joins Exness as CSO

Exness, a foreign exchange trading provider, has added a new member to its sales team with Nicolas Shamtanis joining the brokerage as its Chief Sales Officer (CSO) this month, according to his LinkedIn profile. This new position will see Shamtanis relocate from Cyprus, where he has been based for his entire career, to the Asia Pacific…

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Binance Continues Expanding With New Token Sales on ‘Launchpad’

Crypto exchange Binance has shown no sign of slowing down during the year-long bear market as it continues to innovate and nurture projects to foster the embryonic industry. Its latest offering is called Launchpad which has been described as a token launch platform which helps blockchain projects raise funds and increase their reach in the…

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CFH Boosts Sales Team with the Hire of Michael Bleys from Sucden

CFH Clearing has just announced a new addition to the company’s institutional sales team. The company appoints Michael Bleys as VP Sales (EMEA). He joins CFH from Sucden Financial, where he spent over five years in the firm’s e-FX division. His experience in the industry also includes a short span at Barclays and five years…

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Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold

Japan’s GMO Internet has unveiled new priorities for its cryptocurrency business along with the performances of its crypto exchange and mining operations. The changes going forward result from the bear market and increased total hash rate. GMO Coin Profits Up 7.3-Fold Japanese internet giant GMO published its second-quarter results for this fiscal year on Thursday….

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INGOT Coin’s Komorebi Alliance To Connect Token Sales

Ingot Coin is proud of the launch of their group of token sales, naming the alliance ‘Komorebi.’ Disclosure: This is a Sponsored Article In this alliance, the project will contribute their business expertise, latest technology, and other resources to make the group excel. Partnership Details Komorebi is the romanization of a Japanese word with no…

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US business inventories continue to rise as sales post largest drop in over a year

U.S. business inventories increased solidly in January. Sales recorded the biggest drop in 1½ years. U.S. business inventories increased solidly in January as sales recorded their biggest drop in 1½ years. The Commerce Department said on Wednesday that business inventories rose 0.6 percent after advancing by the same margin in December. The increase in inventories,…

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First ASIC Miner for CryptoNight Algorithm Announced For Worldwide Sales

The world of technology never rests, and when it comes to crypto coins, advances happen every day. Just weeks ago Bitmain announced the release of an ASIC specialized in Ethereum mining and on March 11, 2018, Baikal Miner announced the market placement of the first ASIC miner capable of processing the CryptoNight algorithm. Both achievements are remarkable…

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