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 Rivian IPO float set to generate some substantial numbers for the EV automaker, even as it readies production output.
PayPal unveiled a disappointing forecast for its next earnings citing reasons for consumer spending descrease.
Tesla stock has gained approximately 149.42%, 45.04%, 44.16%, and 27% in the past year, YTD, three months, and one month respectively.
Peloton stock has dropped by approximately 51%, 66%, 54%, 40%, and 42% in the past year, YTD, three months, one month, and five days respectively.
As the US government passed the $1 trillion infrastructure bill, stocks from the materials and industrials sectors, likely to benefit the most, registered major gains on Monday.
The reported revenue growth is said to be fueled by PayPal’s services diversification in various markets.
ING has commenced working with the Netherland Authority for the Financial Markets on a trial of its peer-to-peer DeFi lending protocol.
Roblox noted that bookings increased by 28% from the third quarter of 2020 to $637.8 million.
Mastercard wrote that consumers and businesses in the Asia Pacific region will have access to apply for crypto cards.
Tesla stock has gained approximately 190%, 73%, 71%, and 54% in the past year, YTD, three months and one month respectively.
As the company valuations have been soaring record high levels, Berkshire’s cash pile has reached the roof. However, the company’s equity investments have dropped by a record 60% year-over-year.
Argo Blockchain unveiled that it expanded its mining capacity, and added 220 PH/s to its total capacity, bringing the firm’s total mining capacity to 1.295 EH/s as of the end of October 2021.
Based on TSLA’s previous closing of $1,222.09, the worth of the CEO’s 10% shares is nearly $21 billion.
Rivian is going public on the Nasdaq with the symbol “RIVN,” according to a filing with the US Securities and Exchange Commission (SEC).
Uber noted that its gross bookings reached an all-time high of $23.1 billion, up 57% YoY.