First Republic (FRC) Shares Jump 15% as Regional Bank Stock Rebounds
Since the collapse of Silicon Valley Bank, several industry stakeholders have been doing all they can to help cushion the pangs in the firm to help prevent it from collapsing.
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.
Since the collapse of Silicon Valley Bank, several industry stakeholders have been doing all they can to help cushion the pangs in the firm to help prevent it from collapsing.
MicroStrategy has bought over 6,000 more Bitcoin after fully satisfying its sizable Silvergate debt obligations.
Ark Invest is also interested in Jack Dorsey’s payment firm Block after short-seller Hindenburg Research published a damning report on the company.
First Citizens has acquired failed bank Silicon Valley and will open former SVB branches today as First Citizens Bank and Trust Company.
Interestingly, the new Twitter valuation is less than half of what Elon Musk paid for the social media giant in Q4 2022.
Despite the high-handed regulatory action in the United States, Nasdaq is optimistic about securing regulatory approval in the first half of 2023 for offering crypto custodial services.
A UK competition regulator eases off slightly on the Microsoft-Activision deal, sending the gaming publisher’s shares soaring.
Block said it is working with the SEC on how to “explore legal action against Hindenburg Research for the factually inaccurate and misleading report”.
Accenture said that amid the overall inflationary environment and rising interest rates, there’s a drop in the levels of business confidence among its clients.
Ethereum price gained approximately 4 percent in the past 24 hours to trade around $1,815 during the early Asian market on Friday.
Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances.
Forensic research platform Hindenburg Research has teased another report amid the ongoing US banking crisis.
According to the Swiss National Bank, additional interest rate hikes should not be ruled out in the mid to long term.
As a high-growth-oriented company, Tencent is charting a very ambitious path to grow its revenue over time.
Amid its ongoing crackdown on crypto entities, the SEC issued an enforcement action Wells notice to Coinbase.