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.
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.
The company expects the post-pandemic recovery in oil demand to last for the rest of the decade.
The marginal revenue growth in Q2 comes despite the massive plunge the company’s business took in the first quarter.
There are at least three reasons why crypto derivatives trading volumes are on the rise.
Despite severe headwinds in Q2 2022 such as the Bitcoin price crash, heat wave, and much more, the company reported better than expected $164 million in revenue.
The company said that the No.1 crypto is its clients’ primary subject of interest.
Cramer said that the software companies’ nightmare that has been persisting may finally be over.
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.
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.