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.
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.
Fed’s fight over inflation continues and they have shown determination to bring it under the 2% target. Bitcoin has entered a mild correction along with US equities.
Irrespective of its current leanings, the Federal Reserve will implement additional rate hikes to correct the strain that is still being felt in the economy by the average consumer.
According to Geely, it is projecting a total of 1.65 million units for the current fiscal year and it expects its electric vehicle to dominate the mix.
Virgin Orbit stock is up over 73% in the pre-market while yesterday it closed down almost 15%.
The Terran Orbital Q4 2022 release revealed revenue increases on a quarter-on-quarter and year-on-year basis.
Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses.
Following the announcement, a section of the crypto community on Twitter has heaped praises on the IRS and Treasury Department for taking such a detailed approach instead of regulating through enforcement.
According to NAR Chief Economist Lawrence Yun, home prices will not collapse, but this is not the bottom yet, meaning there might be a further decrease. The number of units sold could be even higher, but there is still a very low supply.
GameStop is committing to amassing more gains following the latest quarterly profit.
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022.
The FDIC and Fed are looking for ways the US government can guarantee all bank deposits amounting to $17 trillion should the financial turmoil worsen.
GoTo hopes to achieve positive Group adjusted EBITDA1 within the fourth quarter of 2023 while also reaching a full-year 2023 Group adjusted EBITDA1 to be between Rp 5.3 to Rp 4.6 trillion.