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.
The acquisition of Nuance by Microsoft is strategic and will help the latter to venture into the AI and speech recognition market.
Many experts have come forward with definite opinions on the Coinbase listing, which is the first of its kind in the crypto industry.
The launch of any crypto or NFT product by GameStop may stir a positive sentiment on the part of digital currency investors, a situation that may impact the company’s stock.
The possible valuation of Telegram may reach $30-$50 billion.
Coinbase’s leading position in the market could tumble if other exchanges try to take a bigger slice of the market.
Citing massive demand for its popular models, Tesla has updated the prices for its Model 3 and Model Y. However, the immediate concern in short term is that it has very little inventory at this point.
The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.
According to Ramp, the raised funds will go into more hiring and bolster its marketing efforts.
However, Impossible Foods may opt to raise funds through private means and delay the IPO.
Netflix has entered a pay-one deal agreement with Sony where it will get licenses to some of the popular movies and animations from Sony Pictures Entertainment.
The crypto market has been seeing unusual growth these days, encouraging exchanges to go public. Kraken’s major rival in the US Coinbase has already received approval from the SEC for its direct listing.
Dimon advocated for a regulatory field for all active participants in the financial system to compete in order to thrive.
Uber stock jumped approximately 109% last year and an extra 11.55% year-to-date.
With almost 3 times the revenue predicted by market analyst DA Davidson, Coinbase is likely heading for a bumper listing next week. Da Davidson pegs COIN stock price to $400+ per share.
Hindenburg stated in their report that Ebang failed in their mining machine business and turned their attention to establishing a cryptocurrency exchange called Ebonex.