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.
Bitcoin hit an upswing ahead of the Fed’s inflation-focused meeting on March 22nd to decide rate hikes.
Etsy and its peers like Shopify have had to kickstart their restrategizing agenda.
In other SVB-related news, the Financial Group, which was the holding company of SVB, is exploring ways to sell off its other units.
First Republic recently saw its shares jump 20% as the market still recovers from the collapse of Silicon Valley Bank.
Moody’s also put the ratings of six other banks in the US under review.
The 2-year and 10-year Treasury yields rose Tuesday as investors pondered the next Fed interest rate hikes.
The GTLB stock came under severe selling pressure in the aftermarket hours on Monday since the projected revenue stood less than the estimates.
The verdict has helped bolster the recovery of both Uber and Lyft stocks in the pre-market today.
In addition to its shares falling, United Airlines also expects a “Q1 2023 average fuel price per gallon3 of between $3.31 and $3.41.”
Coinbase shares are up approximately 67 percent YTD, despite a 62 percent decline last year.
The report comes amid a series of bank collapses that happened over the past few days.
BTC price is 8% up in the past 24 hours and is trading at around $24,000.
Biden said the administration needs to reduce the risks of a future recurrence and protect American jobs and small businesses.
In addition to noting that Moderna will lead the RSV vaccine market, Cowen also referred to major opinion leaders’ belief in the pharmaceutical company competing in a “three-player vaccine market”.
Pfizer has been on an acquisition spree as it seeks to cushion the impact of a projected $17 billion revenue drop by 2030.