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.
Lyft reported revenue of $765 million against $696.9 million estimated by analysts according to Refinitiv.
Chinese carmaker Li Auto set to offer secondary listing in Hong Kong as a hedge against geopolitical risks between America and China.
With crypto funds and indexes coming mainstream, the Bitwise options for the Aave and Uniswap are likely to see increased embrace from investors across the board.
Besides Musk, Cook has also owned up to not having met with Musk on no occasion when he appeared on the New York Times Sway Podcast.
British oil company BP rakes in profit in recent quarterly earnings as oil market recovers from pressure exerted by the pandemic.
The Arca Digital Yield will be the first of its kine actively managed fund in the crypto space providing more investment flexibility than the passive counterparts.
Square reported a net revenue excluding that from Bitcoin of $1.96 billion during the second quarter.
With the latest acquisition, Voyager will be able to expand its international footprint while simultaneously expanding its business-to-business capabilities.
Marathon is purchasing the miners from Bitmain to boost its total hash rate to 13.3 EH/S. The purchase brings Marathon’s miner total to 133,000.
According to the executive chairman, the recent Snoop funding would be used to expand the company’s global reach with the US already identified as a target.
The Bolt food and grocery delivery service is billed to bring comfort to homes as it promises a swift 15 minutes timeframe between placement for orders and actually door delivery.
In Q2, Cash App made $546 million in Bitcoin services. The company’s gross profit rose to $55 million even with a $45 million impairment loss.
HSBC shares in Hong Kong jumped more than 3% following earnings release. On NYSE, the stock is up 1.56%.
Matrixport, with its knowledge of both traditional finance and modern crypto, is best suited to provide solutions to the emerging challenges of this novel crypto asset class.
American communications technology company Zoom Video Communications Inc (NASDAQ: ZM) has agreed to an $85 million settlement to a class-action lawsuit in the United States. The lawsuit was centered on the violation of user’s privacy as the San Jose-based firm reportedly shared users data with Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOGL), and LinkedIn. […]