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.
With the upcoming listing, Baidu will be the biggest US-traded Chinese company in Hong Kong since NetEase Inc.’s offering in June 2020
Coinbase will make its public debut on the Nasdaq at an unspecified date under the ticker symbol (COIN) and this will be through a direct listing, an approach that is markedly different from the traditional IPOs.
The Kraken public market scheduled debut comes off as the third being reported for crypto-friendly trading platforms.
In the last quarter, recent data reveals there has been a record $20 billion inflow into Bitcoin. Furthermore, retail traders have bought more Bitcoin than institutions according to the report by JPMorgan Chase.
The market cap of Bitcoin has surpassed that of the 3 biggest banks in the world combined as well as the combined value of Visa and Mastercard.
Both General Motors and Ford have launched their electric vehicles, and Cramer believes that they stand as rivals for existing EVs. GM plans to have 30 EV models on the road by 2025.
eToro will look to boost its business, drawing on its different revenue generation in relation to its major rivals.
Wedbush analyst Dan Ives thinks Tesla is preparing to shift focus to become a pure technology company.
Now Bitpanda is going to expand its offerings beyond cryptocurrency trading, serving as a one-stop platform for anyone looking to trade digital securities.
DigitalOcean IPO range has been set in the latest S1 filing. The cloud computing company aims to raise up to $775.5 million, increasing its value to $5 billion.
Many market analysts predicted a surge of BTC price to $100K and above by the end of this year.
GameStop stock is up around 4,937%, 1,068%, 1,630%, and 320% in the past year, YTD, three months, and one month respectively.
Stripe plans to use the funds to expand its European headquarters business and its general businesses in Europe as well.
Investors are showing positive sentiment based on the court ruling as Xiaomi shares are trading at HKD 24.35, up more than 7% at the time of writing.
Rakuten is raising a massive $2.2 billion with its stake to some of the big companies. The company plans to use this capital to expand its delivery network and establish a strong footing in Japan’s rural areas.