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.
Starling revealed its plans for using the raised funds. The digital bank plan to expand its business into Europe.
Deliveroo confirmed it would use a dual-class share structure to give its founder Will Shu more control. Goldman Sachs and JPMorgan will be global coordinators for the IPO.
While the COVID-19 pandemic has slowed down markets worldwide, especially the US stock market, several investors and traders went after alternative assets and options that could provide them a better store of value.
Virgin Galactic has had to postpone several space flights prompting SPCE stock investors’ lack of confidence.
The Federal Reserve chairman acknowledged the surge in the US Treasury bond yields but didn’t suggest any action to keep the long-term yields under check.
Despite the growing adoption of cryptocurrencies, among institutional and retail investors, some companies are still not considering adding crypto to their balance sheets.
Square’s hardware lead Jesse Dorogusker is set to assume the role of interim head of Tidal and Jay-Z will be joining the board of Square Inc (SQ).
BUZZ ETF is tracking the price and yield performance of the BUZZ NextGen AI US Sentiment Leaders Index. It includes 75 US stocks with the largest market cap and the highest degree of positive investor sentiment.
Aside from Deliveroo, some other firms are also reportedly seeking to list in London.
UBS analyst also highlighted that “Tesla has the potential to become one of the most valuable software companies.”
Okta and Auth0 are set to focus on the identity on the internet, that is today a billion-dollar industry.
In its earnings report, Snowflake also gave a projection of its anticipated performance for the fiscal 2022 financial year.
As Disney plans to focus on e-commerce, the company said it would work on a better shopDisney website.
Lyft said that the company expects its recovery to continue into March, following its best week in terms of volume in late February.
The US stock market is perhaps responding to a 1.41% drop in the 10-Year Treasury rate, a major focus point for equity investors.