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.
Looking forward, the software company expects its full-year 2023 revenue to fall between $4.385 billion and $4.395 billion.
Pinduoduo is still one of the few Chinese companies that have its shares traded on a public bourse in America.
Companies like Carrefour are also making targeted efforts to support the government’s inflation reduction strategy.
The primary aim of the ongoing cost-cutting measures is to return their businesses to profitability across the board.
The record shows that FTX had about $2.5 billion in cash at the end of 2021 and 27% profit margins.
Several crypto-oriented stocks regressed in Friday’s pre-market trading, after a promising start to August as lead crypto BTC also fell.
Cisco has given a strong outlook for the coming fiscal year after its shares surged owing to a sound fiscal Q4 2022 report.
As the open interest for Ethereum options shoots to $8 billion, CME plans to bring ETH options contracts just ahead of the Merge event.
A 20-year-old USC undergraduate realized massive profit after trading Bed Bath & Beyond stock the month after his initial buy-in.
Citing the emergence of cryptocurrencies and large digital platforms, ECB states that CBDCs are “the only solution to guarantee a smooth continuation of the current monetary system”.
Moving forward from the fiscal quarterly report, Cisco gave better-than-expected guidance for its full 2023 fiscal year.
The Bank of England expects inflation in the UK to surpass the current historical highest to reach 13.3% in October.
Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors
The massive crash in the crypto market during the second quarter led to a huge selling pressure for miners in order to continue with their operations.
The deal took place for an undisclosed amount. Hedge fund MetaStable had the backing of some of the top venture capital firms.