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.
Coinbase has officially announced that the organization will be adding $500 million worth of cryptocurrency to its balance sheet and will also invest 10% of the profits on diverse crypto assets.
The current team at Mountaintop consists of 35 game developers across the globe. Mountaintop plans to utilize the money raised to expand the team, and build an advanced tech stack.
Robinhood has recorded a crash in prices on Thursday to $44.69 after the company reported earnings for the first time since its IPO listing.
The new index will keep a check on nine DeFi tokens for starters, and work as the basis for Galaxy’s passively managed fund.
Top American cryptocurrency exchange, Coinbase Global Inc has announced its expansion into the Japanese market.
American multinational technology company with a specialty in designing computer systems, NVIDIA has released its financial results for the second quarter, recording a 68% surge in revenue from the year-ago period.
In a blog post published by David Marcus, he has openly stated that he believes the global payment system is flawed and needs fixing which can be facilitated by introducing Novi Wallet.
One of the world’s fastest-growing cryptocurrencies, MobileCoin has hit another major milestone by clinching a $66 million Series B deal in a bid to democratize privacy for everyone.
According to the statement issued by Cisco, the company has managed to amplify its revenue by 8% in the fiscal fourth quarter.
The Fed minutes of meeting for July suggest that the central bank will cut down on its pace of bond purchases before the year-end. this could possibly mean a liquidity shock for the market.
Robinhood admitted that Dogecoin remains the most traded cryptocurrency on the platform. The crypto trading app is also willing to add a crypto wallet feature in the future.
The heavy regulatory crackdown on Chinese tech companies has seen the valuations eroding nearly 30% since the beginning of 2021. Other Asia competitors are making the most of it.
Coinbase Global stock dropped in premarket trading even though large mega banks and traditional asset managers are still betting big on COIN.
The US Stock indices headed to the south on Tuesday on declining retail sales data for the month of July 2021.
Retail powerhouse Walmart had impressive second-quarter earnings which beat expectations and surged due to grocery and school-related sales.