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.
Investors have reverted to tech stocks. Tech giants Apple and Amazon have seen a rise of over 15% in the past month,
Although China’s latest move may not come as a surprise, market analysts believe it could threaten both the IPO’s sector and the popular Chinese ADR market.
The United States of America and Kazakhstan are amongst the new havens that the majority of Bitcoin miners are exploring.
The fintech giant will list itself on London Stock Exchange in a Spotify style listing marking the first tech company to seek a direct listing in London.
Satellogic recorded $0 revenue last year, and the firm anticipates that it would change this situation with new deals producing profits.
The vaccination campaigns of the American government have yielded good dividends as attested to by the rapid return to economic normalcy on all fronts.
The OPEC+ group of oil producers have failed to reach a common consensus concerning the oil production increase for the August-December quarter as well as the extension of productions cuts to the end of 2022. Analysts predict that no conclusion will lead to a major surge in global oil price as demand surges post-pandemic.
Peter Wall, CEO of Argo Blockchain, emphasized the major developments in the crypto market since June, calling attention to the undeniable depletion in the total global hash rate.
Chinese officials reached out to the company to disclose their concerns “about Didi’s data potentially falling into foreign hands”.
CoinShares has been quite active in scaling their operations and has reported having raised £17.5 M in Q1 asset management.
The Wall Street Banks that were the beneficiaries in the busiest IPO week since 2004 are, for example, Goldman Sachs and Morgan Stanley.
The UK-based bank is involved in a mutual conversation with SoftBank over an investment that has been valued at US$ 30 billion.
The total employment level, however, remains 7.13 million below where it was in February 2020.
In its IPO prospectus, Didi revealed that it had met with regulators and could be subject to penalties should regulators not be impressed by the inspection.
Shares of Virgin Galactic (SPCE) climbed about 28.50% during pre-market trading after the announcement and reached the level of $55.50.