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.
Ford refused to add any additional details about its electric vehicle as its official public reveal is set to happen today at 9:30 p.m. EDT.
Apple is all gearing up for the launch of some powerful Mac machines ahead in the coming featuring its ultra-powerful in-house silicon hardware, a move aimed at getting rid of the Intel chipsets in near future.
Of the total number of participants, 43% agreed that long Bitcoin is currently the most crowded trade. Further, 75% of participants believe that Bitcoin is a bubble. Just less than 15% of fund managers say that BTC will outperform the market in 2021.
Although Robinhood submitted the filing to the SEC for review in March, there were still a lot of unclear decisions.
In Q1, the net income of Walmart was $2.73 billion. This increased the earnings per share by 97 cents.
Macy’s is raising its overall outlook for the rest of the year based on its performance in the first quarter.
Amazon has offered $9 billion to MGM for a purchase deal, beating other rumored competitors. Currently, talks are still on. Amazon shares climbed in response to a bullish forecast from Morgan Stanley.
One of the key justifications for the bet is that Tesla’s dependence on government-issued regulatory credits is unsustainable due to the growing competition in the electric vehicle niche.
On a long-term basis, Coinbase stock remains bullish supported by an upward call for the cryptocurrency industry by several Wall Street analysts.
AT&T and Discovery have taken a decision to merge their content business units to create a publicly-traded company.
Whiles Mr. Kiyosaki’s opinions have been met with diverse reactions, the United States Labor Department has announced that the Inflation rate in the country has shot up the fastest rate since 2008
AT&T and Discovery are in talks to merge their business operations into one publicly traded entity.
Taking into account Marqeta’s valuation in the private markets, where its shares are selling from $33 to $35 each, the company’s market cap post IPO may top $16 billion to $17 billion, a figure that will outpace the record set by Affirm.
Notably, during the first quarter, Coinbase recorded a net profit of over $771 million, more than fourfold of what the company reported during the fourth quarter.
Investors and the market are looking closely at the inflation data as Wall Street looks to navigate through these muddy waters. Fears of inflation have also triggered a sell-off in growth stocks recently.