COIN Stock Tanks 7.5% as Mizuho Analyst Puts Red Flag on Coinbase’s NFT Strategy
COIN stock is under pressure after Mizuho analyst said that the company’s NFT plans could backfire considering dwindling interest in the NFT market.
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.
COIN stock is under pressure after Mizuho analyst said that the company’s NFT plans could backfire considering dwindling interest in the NFT market.
Should the acquisition materialize, JetBlue and Spirit Airlines will have 32,000 employees combined and will be headquartered in New York.
Authorities in the UK are also looking into the establishment of a Cryptoasset Engagement Group that would closely collaborate with the industry.
US regulators’ attention has been focusing on stablecoins for some time. The regulatory attention grew when the President’s Working Group on Financial Markets issued a report that called for the restriction of the stablecoin issuance.
IPO deals in Greater China and the Asia-Pacific have seen a substantial YoY slump, but are better than the broader global market.
Advanced Micro Devices stocks are up 35.72% in the past year. However, they have declined approximately 23.19% YTD.
Royan Mint is expected to create and issue the NFT “by the summer”.
Events surrounding Elon Musk’s tweets in recent times have suggested that he might have some interest in the social media platform.
Drawing on the potential for more aggressive buyouts by Musk, Twitter investors are refusing to sit on the sidelines and watch the shares climb to a whole new pedestal.
Shein has already secured $553.4 million in over five fundraising rounds.
Despite production constraints, Tesla had enough inventory to hit a new delivery record of 310,048 EVs for the first quarter of 2022.
Both Bitcoin and the S&P 500 seem to have some correlation, very apparent as 2022’s first quarter concludes with both closing down.
Galaxy Digital has renegotiated the terms of contracts for the BitGo acquisition as the deal will go through following the SEC approval later this year.
GameStop plans to propose a stock split of company shares to its shareholder base in order to attract more retail investors.
Robinhood said that owing to growing customer demand it has expanded its daily trading hours from 7 AM to 8 PM.