TITAN Financial

2022-08-31 12:00:20 #quotes Open / Comment

2022-08-31 10:00:26 At the moment the price of Bitcoin (BTC) is $20,245, Ethereum (ETH) is trading at $1,585, the price of Binance Coin (BNB) is $286.

Of the top 100 cryptocurrencies by market cap, Lido DAO (LDO) showed the largest growth over the past 24 hours + 8,57%.

eCash (XEC) showed the biggest drop among the top 100 in the last 24 hours - 9,28%.

#crypto Open / Comment

2022-08-31 09:00:06 Container shipping giant Maersk to sell Russian business at "market price"

The world leader in container shipping Maersk has agreed on sale of its 30.75% share in the port operator Global Ports.

The new owner will be Delo group, in which 49% belong to Rosatom and 51% to the founder Sergey Shishkaryov. After the deal Delo's share in Global Ports will be doubled - up to 61.5%.

The agreement was made on "market conditions", but the amount was not disclosed. As of August 29, Global Ports capitalization on the London Stock Exchange is about $73.18 million.

Maersk operated container transportations in St. Petersburg, Kaliningrad, Novorossiysk and Vladivostok. After the deal the company will not own any assets in Russia, but "may in the future return to a joint business with the group. Global Ports operates five terminals in Russia and two in Finland.

via.TITVN Open / Comment

2022-08-30 19:30:02 Buffett's Berkshire sells 1.3 mln BYD H-shares for $47 mln

Meta allows users to post NFTs on Facebook and Instagram

Toyota's car production fell again in July, casting doubt on annual target

Boeing wins $2.1 billion order from Taiwan's China Airlines

Nikola plans to raise up to $400 million in stock sale

#business_digest Open / Comment

2022-08-30 17:00:13 Mastercard and Binance to allow users to pay with Bitcoin, Ether, XRP and Cardano

Mastercard is partnering with cryptocurrency exchange Binance to launch a crypto payment card for users. Mastercard, like most other payment brands, is increasingly interested in crypto assets.

The partnership between the two companies will launch a card that will support 14 crypto assets. These include USDT, BNB, BTC, BNB, ETH, ADA, XRP and others.

The card will be linked to users' Binance accounts. Thus, when using the card, payments for goods and services will be made from Binance accounts. Consumers can use the card on all merchant sites that accept Mastercard.

Several cryptocurrency exchanges have also issued cryptocurrency cards in partnership with Visa, a Mastercard competitor. These include the Coinbase VISA card, the Crypto com VISA card and the Binance VISA card. Most of these cards promise cashback for purchases at all stores, Binance.

via.TITVN Open / Comment

2022-08-30 15:00:19 Gautam Adani becomes world’s third-richest person as wealth surges

Indian businessman Gautam Adani has become the third richest man in the world.

For the first time, an Asian has made it into the world's top three wealth leaders, his compatriot Mukesh Ambani and Chinese businessman Jack Ma have never climbed so high in the ranking. With a fortune of $137.4 billion, Adani has overtaken Frenchman Bernard Arnault and is now second only to Elon Musk and Jeff Bezos.

Adani, 60, has spent the past few years expanding his conglomerate, which has led to an increase of more than 1,000% in the stocks that make up the Adani Group since 2020.

In 2022 alone, Adani's fortune increased by $60.9 billion, five times more than anyone else's. He surpassed Mukesh Ambani as the richest Asian man for the first time in February, became a centi-billionaire in April, and last month surpassed Bill Gates to become the fourth richest man in the world, Bloomberg.

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2022-08-30 13:00:20 Ether could fall to $1,000 or lower, chart shows

Ether could fall to $1,000 for the first time in two months amid volatile price swings ahead of the long-awaited Merge update.

Technical indicators on momentum and price trends show that the token’s tumble from a peak of about $2,000 in mid-August to the current zone near $1,500 is likely to continue.

“Ether has broken down below initial support from its 50-day moving average, increasing downside risk with short-term momentum now negative,” said Katie Stockton, co-founder of Fairlead Strategies, who suggested that a retest of support at around $1,000 is likely "in the coming days", Bloomberg.

via.TITVN Open / Comment

2022-08-30 12:00:26 #quotes Open / Comment

2022-08-30 10:00:27 At the moment the price of Bitcoin (BTC) is $20,408, Ethereum (ETH) is trading at $1,577, the price of Binance Coin (BNB) is $288.

Of the top 100 cryptocurrencies by market cap, Lido DAO (LDO) showed the largest growth over the past 24 hours + 16,55%.

Huobi Token (HT) showed the biggest drop among the top 100 in the last 24 hours - 8,75%.

#crypto Open / Comment

2022-08-30 09:00:05 BYD's first-half profit tripled and triples to top end of forecast

BYD Co.'s net profit rose to the top of the forecast the company gave last month as record production and sales volumes protected China's largest electric-car maker from business disruptions and supply-chain problems.

Net income for the six months through June tripled from a year earlier to 3.6 billion yuan ($521 million). BYD had forecast a net profit of 2.8 to 3.6 billion yuan.

Revenue was 150.6 billion yuan, up 66% from a year earlier, thanks to record monthly sales. Analysts had forecast revenue of ¥166 billion.

BYD sold more electric cars and hybrids in the first seven months of this year than in 2020 and 2021 combined. The group's share of the Chinese market reached 24.7% in the first half of the year.

BYD could deliver 1.5 to 2 million cars this year, Bloomberg.

via.TITVN Open / Comment