The world’s second-largest cryptocurrency Ethereum (ETH) has been on a strong move over the last month. In the last 30 days, ETH has gained more than 80% amid all the positive developments surrounding The Merge upgrade.
Disney announced new pricing rates for its streaming businesses in order to increase its profits.
The Federal Reserve’s inflation target is pegged at 2% on an annualized basis, and it is unclear in which direction the Feds will tilt with respect to its inflationary control.
The SEC filing showed that the Tesla shares were sold between August 5 and 9, a move Musk made after Tesla’s annual shareholder meeting that was held in Austin on August 4th.
Stock futures remained largely unchanged even as investors await the July inflation report, which could affect September’s hike in interest rates.
A Coinbase shareholder is seeking damages on behalf of the exchange in a new lawsuit that alleges “gross mismanagement” by the company’s executives.
While Coinbase reported 9 million monthly transacting users during Q2 2022, the company recorded 9.2 million in the previous quarter. Notably, the numbers exceed analysts’ estimates of 8.7 million.
Roblox will continue to invest in strategic areas that will trigger growth and monetization.
The investment company still holds about 7.1 million shares of the crypto exchange.
Despite a severe downturn during the second quarter, Galaxy Digital maintains a solid cash position sufficient to deal with any further headwinds.
The documents revealed that the Primary Conversion would become effective before 2022 ends.
Following the Q2 2022 performance, Palantir expects revenue for the current quarter to be between $474 million and $475 million.
Marathon Digital saw a 51.8% drop to $24.9 million in revenues during Q2 2022.
In a bid to curtail these ongoing valuation declines, SoftBank’s Founder and Chief Executive Officer, Masayoshi Son has revealed plans for the Vision Fund vehicle to taper down its rate of investments which is also likely to reduce its overhead losses.
The futures open interest in Bitcoin and Ethereum for the month of August so far has already surpassed the futures open interest for the entire month of July.