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 Chinese government is currently finalizing a draft that covers new overseas listing rules.
The proposed listing follows the Polygon ETP’s unveiling on the SIX Swiss Exchange last month.
The company’s move to introduce a spot Bitcoin ETF in Canada comes after the Securities Exchange Commission in the United States took too long to give a nod to a tedious debate on Spot Bitcoin ETF.
Salesforce released its Q4 earnings guidance, on the heels of its Q3 fiscal earnings report, which was short of Wall Street’s projections.
The company’s CEO and co-founder Joey Zwillinger revealed that Allbirds got some strength across its stores in the US. Also, the CEO said shoppers responded positively to the launch of new products.
It is worth mentioning that the impressive stock growth of Apple is not just hinged on its share price surge, rather, the company has booming retail sales that are fueling its enviable cash flow.
According to ARK Investment Management, the company spent as much as $48.9 million on Twitter shares. In addition to buying Twitter shares, ARK Investment Management also invested heavily in online brokerage firm Robinhood Markets Inc.
As fears of rising inflation get real, Fed Chairman Jerome Powell admits that it is no more transitory. While the Dollar Index (DXY) surged, everything including Gold, stocks, Bitcoin, and commodities corrected.
When Marcus leaves Facebook, former CEO at Upwork, Stephane Kasriel, will take over the position. Also, Kasriel previously worked as the head of product for Novi.
Expectedly, the LG Energy Solution public offering will be the biggest South Korean stock market listing.
The emergence of the Omicron variant and its reported resistance to existing vaccines has adversely impacted global markets.
Just like the scenario played out when the COVID-19 pandemic became a global concern early last year, all tradable financial products are going to feel the impact, with Bitcoin being one of them.
President Joe Biden said that they won’t impose any lockdowns with the spread of the Omicron Covid variant. Besides, there are no plans for travel restrictions as well.
The Kelly Ethereum Ether Strategy ETF will be an actively managed fund and will invest in cash-settled Ether Futures contracts.
The 4500 million worth of senior notes will be convertible in the form of company equity to further fund business expansion and venture into new growth areas in the crypto space.