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.
Fed Chairman Jerome Powell tries to abate inflation fears saying that the consumer price surge is a temporary event. Wall Street reacted positively to Powell’s statement closing in the green.
Bitfarms stated that it powers an estimated 1% of the global Bitcoin network, with over 99% “green” hydropower.
Monday’s price surge has helped Microsoft register 18% gains year-to-date with analysts setting up a $300 price target for the MSFT stock.
MicroStrategy’s BTC acquisition spree is in line with its new corporate policy devised in late 2020. MSTR stock is down.
With the current BTC price, MicroStrategy’s total Bitcoin holding is worth more than $3.4 billion.
Coinbase listing was expected to bring more validation to the crypto market but recent events in China show the opposite effect.
There are three key areas that inform the likelihood of a continued upsurge in Amazon (AMZN) shares.
FinTech startup Revolut has made solid progress over the last year of 2020 while cutting down significantly on its operating losses.
Before the deal, JPMorgan and Nutmeg had partnered late last year to offer clients an assortment of globally diversified exchange-traded funds (ETFs).
The tech giant Microsoft announced yesterday that its CEO Satya Nadella had been named chairman of the board.
In the future, Wise plans to roll out OwnWise, a client shareholder program that will allow its users to own a stake in the company.
As of December 2020, ByteDance’s active users were roughly 1.9 billion each month across all its platforms.
The losses that are seen in the Dow Jones Industrial Average, as well as other market trackers, can also be attributed to the rising inflation fears.
An approval from the SEC would make the VanEck Bitcoin ETF the first open Bitcoin exchange-traded product in the US but the SEC continues to delay this.
Bitcoin mining stocks have performed much better than Bitcoin has in the last one year. These stocks are rising despite China’s crackdown.