Digital Wallets

The 1,000 richest Ethereum (CRYPTO: ETH) wallets hold more than $2.36 billion worth of Shiba Inu (CRYPTO: SHIB) combined. What Happened: According to data from WhaleStats, Shiba Inu is now the top ERC-20 token holding amongst Ethereum whales, excluding ETH itself. At the time of writing, the top 1,...

A cryptocurrency whale — crypto-speak for large crypto investor — apparently moved 20 trillion Shiba Inu (CRYPTO: SHIB) tokens in a major on-chain transaction. What Happened: Ethereum transaction data service Etherscan shows that 20 trillion SHIB were moved from...

Popular retail brokerage platform Robinhood Markets Inc (NASDAQ: HOOD) has more than one million people in line for its upcoming crypto wallet. What Happened: Speaking to Jim Cramer at the CNBC Disruptor 50 Summit, Robinhood CEO Vlad Tenev confirmed this, adding, “A lot of people have...

Social media giant Facebook, Inc. (NASDAQ: FB) has launched a pilot of its Novi crypto wallet in the U.S. and Guatemala but is already facing strong opposition from five Democratic U.S. senators. What Happened: David Marcus, head of Facebook Financial, announced the Novi pilot program on...

Super Bowl advertisements have commanded millions of dollars for many years. The next Super Bowl is five months away and close to selling out all advertising inventory and hitting record prices. What Happened: Super Bowl LVI's 30-second commercials are selling out at a record rate and for a...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 31.2%. But there is no question some big-name stocks performed better than others along the way. PayPal’s Big...

As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021. Here is a look at five SPACs to watch in the second half of 2021. Churchill Capital Corp IV: Electric vehicle company Lucid Motors is merging...

Ark Funds CEO and Founder Cathie Wood joined Benzinga’s “Raz Report” this week and discussed the history of Ark Funds. Wood shared her thoughts on the fintech market, where she sees huge growth ahead. Wood on Fintech: “We think that fintech is probably one of the most...

One of the hottest names in the investing world in 2020 was Cathie Wood, CEO of Ark Funds. The legendary fund manager had some of the best performing ETFs of the year and also saw strong inflows of money put into her actively managed funds. Ark Funds recently shared their "Big Ideas...

Many years ago, eBay (NASDAQ: EBAY) owned PayPal was one of the few online payment processors. Visa (NYSE: V), MasterCard (NYSE: MA) and Google (NASDAQ: GOOG) entered the online space and PayPal was forced to fight to maintain its market share. With the growing trend of “digital wallets” apps...