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.
ING said that it is working on its loan provisioning as the provisions for bad loans dropped 51%. The slowdown in the economic activity also affected the bank’s total lending business.
The entire business model of Virgin Galactic is ambitious, as the company is working hard to make space travels a reality, not just for astronauts, but also for every global citizen.
With PayPal being a CBDC distributor, more customers would be interested in its products, especially those related to crypto.
According to Roblox’s recent filing with the SEC, the company now plans to go public in March instead of February.
Interestingly, Disney (DIS) stock jumped approximately 35% last year despite the coronavirus crisis.
The boost the shares of Bumble (BMBL) received on their public debut day comes amid the company’s plans to take the business globally.
CEO Dan Schulman noted that the volume of crypto transactions on PayPal exceeded expectations.
Roubini thinks the crypto industry might collapse if Tether and Bitfinex are indicted later this year.
Blue Ridge Bankshares noted it is working with the duo of BluePoint, a national ATM operator, and LibertyX, a Bitcoin ATM software provider, to enable Bitcoin purchase and redemption at 19 of its machines in the United States.
As Andy Jassy will soon replace Bezos as a new Amazon CEO, it can be expected that he may explore crypto payments for the company.
Twitter stock jumped approximately 82% last year and has now added around 25% year-to-date.
Wall Street is not particularly bullish on cannabis companies. Only 2 out of 14 analysts have a buy rating on Tilray.
JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.
The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coin’s unique privacy features
The new crypto ETF dubbed Hashdex Nasdaq Crypto Index ETF shall be available to the accredited non-US users. Being completely regulated, the product offers institutional investors a simple solution to get access to cryptocurrencies