AMC Entertainment CEO Adam Aron says the company’s new AMC Preferred Equity (APE) shares should allay fears that the movie chain could cripple under the weight of debt incurred during the COVID-...
Tag: Takes
Ripple CTO Takes Slight Dig at Stellar (XLM) & Jed McCaleb
While the weekly active weekend crypto market is not spoiling investors with events, the fun this August Saturday is brought by Ripple’s CTO and proclaimed architect of all project infrastructur...
MicroStrategy Takes A $917 Million Impairment Loss On Its Bitcoin Stash As Crypto Prices Tumble ⋆ ZyCrypto
Advertisement     MicroStrategy, the largest bitcoin holding-publicly-traded company in the world, took a non-cash digital asset impairment charge in the third quarter...
Binance Co-founder Takes Helm of Exchange’s Venture Arm
Another 21Shares staffer moves over to competing ETP issuer Valour Legal and compliance executive goes from Figure to Wave Financial Binance tapped co-founder Yi He to lead the crypto exchange’s ventu...
Senator Warren takes aim at changing rules on crypto offerings from banks
Senator Elizabeth Warren (D-Mass.) is circulating a letter among her Senate colleagues that would withdraw legal guidance for banks holding and trading cryptocurrencies, Bloomberg News reported Aug. 4...
Block reports 34% drop in Cash App bitcoin revenue, takes $36 million charge in Q2
Payments company Block (SQ) announced second quarter results Thursday that showed bitcoin revenue from its Cash App product fell 34% to $1.79 billion, with the company taking a $36 million charge on i...
Who Takes the Most Advantages of Crypto Market Downturn?
Crypto market recently experienced a massive crash that led many investors to lose while some still remained in profits. Cryptocurrency market experienced a heavy downturn lately following sever...
MicroStrategy CEO Michael Saylor Steps Down as Phong Le Takes Over
While Saylor’s role will now be in the background, MicroStrategy will now be led by Phong Le who has been named the new CEO. American business intelligence, software, and cloud services provider Micr...
The housing market correction takes an unexpected turn
The Federal Reserve has a simple inflation-fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across the economy weakens and inf...
MicroStrategy’s Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role
Meanwhile, during the earnings conference call, Le said he doesn’t expect any imminent strategy changes for the company and he’s been aligned with Saylor on the enterprise and bitcoin stra...
Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin
MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy....
PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller com...
Filecoin Takes Support at 100 MA; Will FIL Target a Strong Bull Run?
The recently posed outstanding rallies of double digits in July end have left a majority of crypto enthusiasts in dismay. News says Filecoin Foundation has partnered with the Harvard University Librar...
Avalanche price analysis: AVAX prices remain bearish as strong rejection at $25.15 takes shape
Avalanche price analysis for today shows that the AVAX/USD pair has fallen to a new low of $23.33 after a bearish drive. The market has found support at $23.18, but the bulls have not been able to pus...
Chiliz Takes Support From Its 100 EMA: Will CHZ Uptrend Sustain?
Chiliz was developed as a currency to support and control socially enabled platforms. Blockchain-enabled cryptocurrency Chiliz has enabled gaming clubs and organizations to monetize their fan’s sugges...
Ethereum’s Vitalik Takes a Jab at Michael Saylor, Calls Him a “Total Clown”
The question of the security status of Bitcoin (BTC) and Ethereum (ETH) seems to be pitching many notable figures in the digital currency ecosystem against one another. Known as one of the prominent f...
Dixon takes over Katie Haun’s board seat at OpenSea
a16z’s Chris Dixon has joined the board of non-fungible token trading platform OpenSea, according to a blog post published Saturday. “I’m excited to formally welcome Chris Dixon to the Op...
Dixon Takes Over Katie Haun’s Board Seat
a16z’s Chris Dixon is joining the directorate of NFT stage OpenSea She left a16z’s crypto investment practice to launch Haun Ventures OpenSea touted a $13.3 billion valuation in a January ...
Ripple v. SEC lawsuit takes a new turn as ‘unidentified’ third-party enters
The SEC and Ripple case has reached a frustrating impasse as both sides struggle to hold their ground. Only recently, Ripple Legal filed a motion to thwart the SEC in which they targeted the SEC’s unl...
Voorhees takes Bankman-Fried to task for want…
Erik Voorhees, founder and CEO of open-source crypto platform Shapeshift, advised Sam Bankman-Fried, CEO of crypto exchange FTX, not to allow the sector to become entangled in the perverse and deeply ...
Fetterman Takes Double-Digit Lead Over Oz In New Pennsylvania Poll
Topline Lt. Gov. John Fetterman (D) has opened an 11-percentage-point lead in Pennsylvania’s open Senate race against Dr. Mehmet Oz, the Trump-endorsed TV show host turned Republican politician,...
Uniswap Takes Significant Step Towards “Fee S…
Uniswap’s community took a big step towards its “fee switch,” which could have significant implications for both the Uniswap protocol and all UNI token holders. The fee switch has been the subject of ...
Algorand CEO Steven Kokinos Steps down, COO Takes over the Helm
Algorand CEO Steven Kokinos stepped down as the head of the company, effective immediately. Sean Ford, Algorand’s current Chief Operating Officer (COO), has been appointed as Interim CEO, effective Ju...
Michael Burry Makes Dire Crypto Prediction, Takes Shots At SEC, Biden
Michael Burry, the founder of Scion Capital, who predicted the housing crash of 2008, made a series of crypto predictions. He started with some scathing words for the SEC. Replying to a Bloomberg arti...
Crypto Market Takes Another Beating, Dropping Under $1 Trillion As Major Coins Flatline
Bitcoin, Ethereum, and other major cryptocurrencies took a beating on Tuesday evening, amid a week that had been anticipated to be tumultuous for the larger crypto and world financial markets. After a...
Dogecoin “Takes Over” Fast-Food Giant Chipotle
Alex Dovbnya Major brands continue to use Dogecoin in order to drive engagement, with Chipotle tweeting a ludicrous picture that shows a Shiba Inu dog taking over its restaurant Fast-casual restaurant...
AMC takes aim at massive debt burden with ‘APE’ special dividend
AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bo...