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.
Kraken’s business is highly correlated with the performance of the broader market as the firm moves forward with its plans.
During the first quarter, Nvidia’s graphics sector brought in a $3.45 billion revenue representing an 81% rise while crypto miners’ demand brought in $155 million.
Beyond its SPAC merger, Acorns will have to navigate the terrain to gain a good market stance amidst stifling competition.
Biden’s proposed federal budget will now take the United States to its highest sustained levels of federal spending since World War II, alongside deficits above $1.3 trillion throughout the next decade.
Erica York, a Tax Foundation economist, reported that most eligible Americans should automatically receive their stimulus checks and “plus-ups”.
Coinbase has also been a recent victim of this fake news syndrome. The company saw an avalanche of information being spread about its “investor and executive stock sales.”
MGM becomes Amazon’s second-largest acquisition after Whole Foods. This acquisition will significantly bolster Amazon’s video content library giving Amazon Studios an edge in the competitive streaming market.
Robinhood IPO will offer over 22 million Class A shares, whereby they will be priced at $16-$19 per stock.
GameStop is calling on qualified persons to join its upcoming NFT team as the popular gaming company makes its first entrance into the NFT world. GME stock is up.
The XRP community and investors worry about what happens to their holdings in case the two parties decide to settle the scores but without taking into account the interests of the XRP token holders.
Microsoft’s expected product updates are detailed in their Book of News, released at the annual conference.
Bitcoin has finally managed to break the $40,000 barrier. In the last seven days, it has lost as much as 5.85%. In the last month, it has dipped by 17.2%.
Sodexo also took part in the $250 million investment led by SoftBank, participating as a minority investor in the Zeta Series C funding round.
Square added a hidden code on its system that indicates the company seeks to venture into checking and savings accounts.
The current gains in the Nasdaq may help the index snap off the 2% loss it has accumulated thus far in May.