United States to Float New Crypto Legislation Aimed at Restructuring Digital Assets Market
Patrick McHenry and Glenn Thompson are at the forefront of the new market structure effort.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
Patrick McHenry and Glenn Thompson are at the forefront of the new market structure effort.
Crypto stocks, including MARA, RIOT, and COIN, all suffered drawdowns between Thursday and Friday as the price of Bitcoin retraced.
There are different segments in the market with different performance outlooks and while the payments ecosystem took a slight hit, the earnings in the banking sector have been mixed across the board.
In addition to closing the news unit and laying off employees, BuzzFeed has also announced that two of its executives are stepping down. Its chief revenue officer Edgar Hernandez and chief operating officer Christian Baesler are leaving the company.
Chinese tech giant Huawei announced the replacement of its software system as a victory over US sanctions.
AT&T’s free cash flow dropped significantly as a result of which the stock price took a severe beating on Wall Street in Thursday’s early trading hours.
In 2023, Tesla looks to launch a self-driving technology that could set the company on its way to achieving full driving autonomy.
The United States has experienced a very concerning financial crisis in the banking sector this year.
EV giant Tesla experienced a drop in Q1 2023 earnings due to underutilized new factories and higher production costs.
The performance of IBM in the past quarter has stirred the hearts of investors which has pushed its shares up 2.19% in the pre-market trading session.
Morgan Stanley has retained its stance as one of the top banks in the United States with influence spread around the world.
Despite the great ASML Q1 2023 earnings, sales of chips to China slowed down within that time period as geopolitical tension between China and the United States took a new twist.
Just Eat now expects Adjusted EBITDA to hit €275 million, increasing its earnings outlook by €50 million despite poor orders.
New York City and Hangzhou are the world’s wealthiest cities considering number of HNWIs and millionaire population growth.
Meta Platforms have been spending billions of dollars to get its metaverse initiative on a very good footing, and this year marks one of the critical periods that will redefine the direction of the entire pursuits.