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.
Musk also alleged that Twitter was hiding from it that the company complying with a 2011 agreement with the Federal Trade Commission regarding user data.
Adobe stock fell to a 12-year low following news that it is acquiring Figma, and also amid its recent fiscal Q3 report.
While the total price amount of shorted Apple stock is currently pegged at $18.44 billion, this valuation may increase over time depending on whether the shorted stocks are sold short or not.
The revelation of the split is not boding well for the fashion brand as its shares closed Thursday’s trading session with a fall of 3.64%.
According to Samsung, it is still weighing a decision on resuming operations in Russia amid reports it was committed.
With trust placed on the Federal Reserve Open Market Committee (FOMC), we can expect the more targeted interest rate hikes to help allay fears that inflation will be detrimental to growth.
Shell CEO Ben van Beurden will step down for renewables director Wael Sawan, after a nearly four-decade career, 9 of which he served as CEO.
The company also revealed that both its US and Hong Kong stocks will be fully fungible which means that stocks bought or sold in one market can be converted or sold in another.
UK inflation dropped for the first time in approximately a year, even as households continue to feel the brunt of high gas prices.
The drop in the European stock market is in tandem with those of the US stock market.
New US inflation levels have pushed BTC and ETH prices downwards below $21,000 and $1,600 respectively.
With interest rates set to be hiked following this growing inflation figure, the US market is waking up with a bearish reaction to the news.
Despite September being a bad month for the broader stock market, Apple appears to look strong with iPhone lovers contributing to the high pre-order data.
Declining inflation will compel the Fed to pause interest rate hikes, and induce a market rally, a Credit Suisse analyst predicts.
The new regulations will support the previous rules that were passed earlier this year.