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.
Amid the 2021 mania, SPAC deals were 59% of the total new listings in 2021.
The Agricultural Commerce Bank of Zhangjiagang issued the first e-CNY loan of $75,000 keeping an intellectual property as collateral.
As Michael Saylor steps down, President Phong Le will be taking over the mantle as the new CEO at MicroStrategy. Meanwhile, Saylor will be assuming the role of Executive Chairman to focus on Bitcoin strategy solely.
The bank reported a revenue hit of 7 billion euros for the quarter while its operating expenses topped 4.5 billion euros.
All four AMD major segments increased in the last quarter, contributing to the high revenue.
CoinShares said it did a thorough review of its risk management procedure in Q2 2022.
However, net income attributable to Starbucks in the fiscal third quarter was $912.9 million, or 79 cents per share. This is lower than the previous year’s $1.15 billion or 97 cents per share.
The company said it has continued to record continuous growth in both its user count and the number of active drivers on its platform.
Semiconductor heavyweight TSMC saw a slipup in share price as political tensions mount over intended Pelosi visit to Taiwan.
BP reported a profit of $9.3 billion, compared with a loss of $20.4 billion for the first quarter of 2022.
The most recent quarterly report is the first since co-founder Ben Silberman stepped down as CEO.
Ford outperformed numerous automobile manufacturers in July, including Toyota, Ferrari, and Stellantis.
Despite the impressive numbers recorded by the trio, each faced challenges in July as the aftermaths of inflation, strain in the supply chain and the pangs of the coronavirus pandemic.
US Treasury yields for 2, 10, and 30 years were all trading higher on August 1 as investors brace for more earnings reports and economic data.
With the Bitcoin price, there are conflicting arguments regarding the market direction. While some experts believe the crypto winter is thawing, others suggest caution.