Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorough in the development process after his departure. Numerous pieces of technology have been developed…
Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury travel services, making them one of the first in the industry to embrace this payment method, according to a press release sent to Bitcoin Magazine. JUST IN: Private jet charter service…
In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of the privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been arrested and charged with money laundering and operating an unlicensed money transmitting business. The U.S. Department of Justice (DOJ), Southern District of New York, announced these charges today following an extensive investigation…
Nine Energy Service, Inc. (NYSE:NINE) Q4 2023 Earnings Conference Call March 8, 2024 10:00 AM ET Company Participants Heather Schmidt – VP of Strategic Development & IR Ann Fox – President & Chief Executive Officer Guy Sirkes – SVP & CFO Conference Call Participants Waqar Syed – ATB Capital Markets Timothy Moore – EF Hutton…
xefstock Over recent years, I’ve continually traded the extensive bond index ETF, Vanguard Total Bond Market Index Fund (NASDAQ:BND), which primarily owns longer-term US government bonds, with around a third of them exposed to investment-grade corporate bonds. I had a consistently bearish outlook from 2020 through 2023. In January, I published “BND: The 2024 Bond…
SeventyFour/iStock via Getty Images Service Corporation International (NYSE:SCI) is a company we’ve covered some time ago, focusing on the interesting cash flow dynamics of the business and its secular trends. The changes since then have been the end of COVID-19 excess deaths, which has caused an anticipated decline in funeral revenues. Nonetheless, SCI performs well…
polybutmono While most of the stock market has performed well in recent months, some segments have not kept up. Notably, the transportation industry has struggled with lower demand and, more importantly, significantly higher operating and input costs. That trend is evident from air travel to ground package transportation. Fundamentally, the cost of paying transportation operators…
Justin Sullivan Another earnings, another “disaster,” as United Parcel Service (NYSE:UPS) stock has declined nearly 10% this week after its disappointing fourth-quarter earnings scorecard and forward guidance yesterday. UPS also suffered a blowout following its third-quarter earnings release, which I discussed in my previous update in November 2023. However, I also reminded UPS investors that…
This registration will let Ripple offer its certain digital assets services to clients within Ireland. Ripple has officially revealed that the Central Bank of Ireland (CBI) added its Irish entity Ripple Markets Ireland Limited (Ripple Markets) to the list of registered VASPs (Virtual Asset Service Providers). Now, after gaining this registration in Ireland, Ripple be…
Panupong Piewkleng Investment Rundown The construction sector has been under a lot of pressure the last few quarters as the rise in interest rates has meant that financing projects are more expensive and the rise in several commodities and materials prices has also made it more tough to operate. One such company in the sector…
Timothy McKay/iStock via Getty Images I am revisiting my Q1 thesis on Gogo, Inc. (NASDAQ: NASDAQ:GOGO) in light of Q3 earnings. Reflecting on my Q1 analysis, I rated Gogo a buy as I felt the market was undervaluing the strong, and growing subscription business. In addition, Gogo was improving cash flow, offered strong earnings guidance,…
Trican Well Service Ltd. (OTCPK:TOLWF) Q3 2023 Earnings Conference Call November 10, 2023 12:00 PM ET Company Participants Brad Fedora – President and Chief Executive Officer Scott Matson – Chief Financial Officer Conference Call Participants Aaron MacNeil – TD Cowen Keith MacKey – RBC Waqar Syed – ATB Capital Markets John Gibson – BMO Capital…
Trust Wallet claimed that the Binance newly launched Web3 wallet unveiled during the company’s Blockchain Week is a product of its WaaS technology. Decentralized wallet provider Trust Wallet has announced the launch of its new product Wallet as a Service (WaaS) to promote the adoption of the Web3 ecosystem. In an announcement on Wednesday, the…
HSBC, which is one of the largest banks in the world, revealed that for now, its custody plans involve “tokenized securities issued on third-party platforms.” HSBC Holdings (LSE: HSBA), in partnership with Ripple Labs subsidiary Metaco, has announced plans to launch a digital assets custody service for institutional clients. The service will offer custody for…
Justin Sullivan Apple (NASDAQ:AAPL) reported its Q4 FY23 results on November 2nd, 2023. The company experienced a 0.7% decline in revenue year-over-year, with foreign exchange having a negative impact of 2% this quarter. Product revenue decreased by 5% from last year, while service revenue grew by 16% year-over-year. As mentioned in my introductory article, I…
FIOR Digital GmbH, the company behind 21bitcoin, one of Europe’s leading Bitcoin platforms, has announced that it has secured a €2.1 million financing round, with the funding being provided by Volksbank Raiffeisenbank Bayern Mitte eG, one of Germany’s most established banks, according to a press release sent to Bitcoin Magazine. “We are investing in this…
Luis Alvarez Summary OTIS Worldwide Corporation (NYSE:OTIS) stands as a global titan in the elevator and escalator industry. With a legacy spanning over a century, OTIS specializes in designing, manufacturing, and servicing a wide range of vertical transportation solutions. Its presence extends to over 200 countries, underscoring its commitment to innovation, safety, and top-tier customer…
Juanmonino It’s been a little over two months since I sold my shares in United Parcel Service, Inc. (NYSE:UPS) at a small profit, and in that time the shares are down about 14.4% against a loss of about 3.5% for the S&P 500. Obviously, a stock that’s trading at $154 is a safer investment than…
In a significant development for the Bitcoin Ordinals ecosystem, OrdinalsBot has successfully procured more than $1 million in seed funding. Founded only earlier this year, on February 7, 2023, the platform quickly set itself apart by becoming the premier automated inscription service in this niche sector. Through its groundbreaking features, OrdinalsBot is democratizing access to…
BTCPay Server has come a long way since Nicolas Dorier first decided to build out a software project with the goal of obsoleting the payment processor BitPay in response to their actions during the 2017 Blocksize Wars. It has blossomed since then into one of, if not the, most widely used self-hosted payment processing stack…
PayPal says that by launching the new service to USD on ramp, it hopes to simplify customer interactions with cryptocurrencies. Payments giant PayPal Holdings Inc (NASDAQ: PYPL) is expanding services offered as part of its expansion into the crypto sector. Following its launch of an on-ramp function that lets customers buy crypto, PayPal has launched…
Coinbase’s journey into the Indian crypto market has been marked by challenges since the beginning of its launch. Leading American crypto exchange Coinbase has issued a clarification regarding the termination of its exchange services for Indian users. In a move that has raised eyebrows within the virtual asset community, Coinbase sent out emails to certain…
In addition to the failed Lend program, Coinbase has attempted other lending services in the past. Coinbase has announced that it is working on a crypto lending service for institutional clients in the United States. A September 1 filing with the US Securities and Exchange Commission (SEC) shows that the company has already raised $57…
A DoorDash spokesperson has revealed that the company will continue to seek ways to perfect the AI service. DoorDash, a food delivery service app, has launched an AI-powered answering service for its restaurant clients. According to an August 28 announcement, the new service will see customers get on the phone with AI bots instead of…
Binance has confirmed the news, stating it would shift its focus to its main products and long-term goals. Binance has decided to close its buy-and-sell service Binance Connect amid challenges its provider faced with support for card payments. Starting from August 16, Binance Connect is no longer available. Binance has confirmed the news, the announcement has…
Spencer Platt/Getty Images News The market does not always react the way that one might anticipate. Sometimes, positive results relative to expectations can result in upside, while in other cases it can lead to downside. The exact same thing can be said of negative results. A great example of this can be seen by looking…
Bitrefill, a popular platform that sells gift cards for bitcoin, has announced its partnership with eSIM Go, enabling travelers in over 140 countries to pre-purchase an e-sim and have local data available as soon as they arrive, per a press release sent to Bitcoin Magazine. Now, Bitcoin enthusiasts and digital nomads can experience uninterrupted internet access…
With Web 3.0 node engine service, Huawei Cloud can revolutionize the decentralized application (DApp) industry. Huawei Cloud, a cloud infrastructure and service provider developed by Huawei Technologies Co., Ltd., has introduced its Web 3.0 node engine service (NES) for public testing. The service aims to simplify blockchain network management, resource management, and authentication, while also providing developers…
Unchained, a Bitcoin custodial services company, has announced the launch of its private client service with collaborative custody. According to a press release sent to Bitcoin Magazine, the new platform called “Unchained Signature” is a “membership-based service that helps high-net-worth individuals, institutions and corporations invest in and manage their bitcoin.” The company compares the experience…