After Weekend Crash, Bitcoin Bounces Above $20,000, Ethereum Over $1,000
After a brutal weekend, Bitcoin regains $20,000 levels. Is this really a trend reversal or just a dead cat bounce?
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.
After a brutal weekend, Bitcoin regains $20,000 levels. Is this really a trend reversal or just a dead cat bounce?
Telegram, one of the most functional messaging apps around, has hit 700 million active users, a milestone that showcases the growing popularity of the free social media app.
Although Grayscale remains upbeat about the future, GBTC’s performance has been the subject of criticism by market experts, channeling the blame at regulators for what they see as an inaccurate risk assessment.
Google remains one of the few American tech outfits that still have some level of operations in Russia.
The broader concerns of stakeholders in the airline industry can be attributed to the fears of recession.
Qualcomm investors in the United States seem not to be confident in the news yet as the company’s shares are down.
The decision of the Federal Reserve to raise its benchmark interest rates three-quarters of a percentage point caused US stocks to advance.
JPMorgan estimates a substantial decline in Coinbase trading volumes and cut its rating on the exchange’s stock to neutral from overweight.
The US 10-Year Treasury Yield has shot to an 11-year high at 3.48%. Any further surge in bond yields is likely to drag the market down.
Recently, Goldman Sachs has teamed up with Coinbase to come out with the first crypto-backed loan.
With a milestone settlement lifted off, Charles Schwab said it will focus on regaining its client’s trust.
Business intelligence company MicroStrategy saw its stock price drop 23% after its Bitcoin holdings took a hit from the general crypto slump.
General Motors has plans to develop more price versions of its large SUVs and Silverado pickup.
Astra Space announced that it was not able to deliver NASA’s payload to orbit due to technical failures.
Oracle CEO Safra Catz commented on the company’s fiscal 2022 Q4 earnings result. She acknowledged the performance noting that total revenue grew 10% in constant currency.