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.
Dogecoin price benefited largely from the Elon Musk Twitter takeover, as the billionaire now looks to take company private.
About a week ago, Musk submitted a filing with the SEC that shows that the Tesla CEO has secured $46.5 billion in debt and equity financing to support a potential Twitter takeover bid.
Coca-Cola released its Q1 2022 results which surpassed analysts’ expectations despite the pandemic and suspending operations in Russia.
Roche posted good numbers for Q1 2022 and expects a stable outlook for the rest of the year despite waning Covid medicine sales.
In order to mitigate the effects of the perceived risks, the company is going to be introducing a lot of cost-cutting measures across the board.
European markets opened 1.3% lower at the beginning of the week as investors continue to monitor developments around the war in Ukraine.
Grayscale lawyers are putting extra pressure on the US SEC for approving the spot Bitcoin ETF under the Securities Exchange Act of 1933.
COIN stock has been on a continuous downward trajectory since the beginning of 2022 and has corrected more than 60% from its all-time highs.
Twitter is re-examining the takeover proposal Elon Musk earlier submitted and may negotiate a potential terms of sale with the billionaire.
Musk’s Twitter offer has attracted private equity companies. Thomas Bravo informed Twitter that it is exploring the possibility of coming up with a bid.
In addition to its poor performance in 2022 Q1, Snap also reported a substantial net loss.
According to the report, Goldman Sachs promised to render assistance to FTX in reducing the negative effect of regulations in the United States.
The SEC’s approval for a GBTC Bitcoin spot ETF is a “matter of ‘when’ and not ‘if’”, according to Grayscale CEO Michael Sonenshein.
In January the asset management company also filed with the SEC for approval on a Web 3-focused ETF.
According to the official reports, the US annual inflation rate accelerated to 7.9% in February of 2022 and rose to as much as 8.5% in March, the highest since January 1982, matching market expectations.