Alternatively, you can subscribe to my Telegram channel for updates on compelling products that are upcoming (at least one viable alternative is in the pipeline). There’re no requirements like salary crediting, card spend, or other silly hoops to jump through to get a decent return on my liquid savings, and I’m not going back to the trouble of meeting those conditions unless banks can offer substantially higher interest rates.įor those who are still on the fence whether to do something about the savings languishing in your bank, you don’t have much time left to secure a guaranteed rate of 1.80% pa for the next three years. I’ve since emptied and closed various bank accounts, channeling funds to the various insurance savings accounts there are. I’ve talked about Elastiq/eSave quite a bit, and for good reason: 1.80% pa guaranteed for three years with the flexibility of withdrawals is really compelling when bank interest rates have been free-falling in the past few months. Now, Etiqa is withdrawing the almost identical eSave Advance from 1st October. Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Blockįunko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Dropppįinder’s Fintech Experts Predict Cardano Will End the Year at $0.The inevitable has happened and after severely restricting the sales of Elastiq, Etiqa has decided to close applications altogether. The company said that it had earnings per share of $3.05 and accrued $1.80 billion of revenue in a Securities and Exchange Commission (SEC) filing. The announcement from Coinbase follows the recent revenue report published on Thursday. The Grayscale Bitcoin Trust (GBTC) is also down in value alongside a variety of other digital asset trusts. Stocks like Canaan (CAN), Marathon Digital Holdings (MARA), Microstrategy (MSTR), and Riot Blockchain (RIOT) have all seen losses. In the same fashion, other tech stocks with exposure to cryptocurrencies like bitcoin and the blockchain technology industry, in general, have seen similar drops in value. While the firm’s shares have been losing value during the last 30 days, COIN’s dip has also coincided with the market carnage affecting the crypto economy. The announcement took place while the company’s shares have been dropping and closed below its $250 reference price at $248 per share. Competition is increasing as new market entrants join the crypto economy every month.” “The rapid expansion of the crypto economy also creates challenges for Coinbase. “Despite our strong Q1 results,” the Coinbase shareholder letter details.
The company’s first shareholder letter published four days ago explains the firm has noticed strong competition in the digital currency industry.
(Nasdaq: COIN) announced on Monday that it intends to sell $1.25 billion of convertible debt depending on market conditions. Coinbase Shares Drop Below Reference RateĬoinbase Global, Inc. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. Coinbase shares have dropped in value during the last month after opening at $342 per share.
0 kommentar(er)
