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.
In recent times, Binance has faced regulatory scrutiny from financial regulators around the world with many of them saying that the crypto exchange lacked the authorization to provide its services to their citizens.
The SEC’s investigation into Uniswap Labs is to determine whether or not the startup is engaging in any form of operational or marketing malpractice.
Just to remind: The SEC had on December 20, filed a lawsuit against Ripple Labs Inc and two top executives for selling unregistered digital asset securities to investors.
Despite a record delay in its launch, Tesla is making impressive advances with its Full Self Driving (FSD) technology.
Reddit was recently valued at $10 billion after closing a private fundraising round.
Alibaba stock slid amid ‘common prosperity’ donation and increasing wave of regulatory clampdowns. Stocks on the Hang Seng Tech Index also plunged.
As part of the Japanese Fair Trade Association, Apple decided to relax its app store rules. However, gaming apps do not get the concession of bypassing apple’s payment system.
GM stock has added approximately 66%, and 17.5% in the past year and year to date respectively, but has dropped approximately 22%, and 10% in the past three months and one month respectively.
Over the same period, CoinShares asserted that the number of publicly-traded crypto firms has increased by 28% to 57 companies.
The unprecedented growth in the shares of Alphabet is backed by the impressive business performance figures recorded in the previous quarter.
Gamestop (GME) stock rose only a little bit in the pre market trading as news of a possible NFT platform on the Ethereum blockchain swept through Twitter.
Chip shortages and massive supply chain issues forced automakers including Tesla to cut down on production despite the heightened demand. This pushes further the Roadster launch to 2023.
Although Zhao says that Binance.US should float an IPO soon, he added that the move depends on a few factors, including regulatory approval.
Amazon noted that the new hires would represent a 20% increase in staff that currently stands at 275,000 globally.
The company is probably considering IPO, but later. At present, it seems to focus on growing and expanding into new markets such as online gambling and NFTs.