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.
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The impressive earnings report has uplifted Home Depot’s stock which climbed 2% in pre-market trading to $378.50. As the market opened, the stock is trading at $387.52 (+4.43%).
Following the MLR license approval, Crypto Facilities has now joined a small group of firms that offer regulated options for crypto exposure to customers.
As of the time of writing, there is no indication that Elon Musk will make good on his promise to liquidate some of his Tesla shareholdings.
The initial plan of Galaxy Digital was to become listed on the US exchange in the fourth quarter of 2022 but the firm has enjoyed an incredible 2021 so far.
The subpoena caused a direct impact on the price of the bitcoin mining firm’s competitors too.
Lucid stock has gained approximately 362%, and 348% in the past year and YTD respectively through Monday.
Dollar Tree is planning to work with activist investor Mantle Ridge to boost the shareholder value while accelerating its plans of introducing higher pricing products in some of its stores.
The new infrastructure bill signed by US President Joe Biden includes a crypto language that makes it easy for the IRS to bring transparency in crypto tax reporting.
On Monday, Tesla valuations dropped under $1 trillion during the trading hours before recovering back. This happened as Musk hinted at selling more TSLA stock in his chat with Bernie Sanders.
Galaxy Digital noted that its counterparty trading volumes decreased 28% from record highs in the second quarter of 2021, but demonstrated a dramatic increase in excess of 280% versus the year-ago quarter.
While the race for a functional spot ETF product continues, there are tens of both futures-based applications as well as those of the former that are awaiting SEC approval.
Tesla’s Elon Musk has had a long history of making his opinion known on Twitter and continued this trend with a spat with Sanders.
Xpeng also looks to champion autonomous driving among electric vehicles and make it more mainstream.
Binance has a staggering public potential worth of $300B due to its trading volume and transaction fees, which are larger than of its four biggest competitors.