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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.

Market News

Market News, News

US Stock Market Remains Calm as Wall Street Weighs Between Fresh Stimulus and Jobs Data

By Bhushan Akolkar Jan 15, 2021 • 2 mins read

Markets remained uncertain during Thursday as the weekly job data shows no improvements. Instead, more Americans have filed for unemployment. Analysts believe this weakening job data will provide fodder to the Biden administration to clear their proposed $1.9 fresh stimulus.

Market News, News

Xiaomi Stock Dips 10%, Company Added to US Blacklist

By Steve Muchoki Jan 15, 2021 • 3 mins read

Xiaomi, however, reported a positive year whereby its stock rallied over 120%.

Market News, News

Virgin Galactic (SPCE) Stock Soars 20% After ARK Investment Files for Space ETF

By Darya Rudz Jan 15, 2021 • 3 mins read

According to ARK Investment’s SEC filing, its Space Exploration ETF will focus on companies that are “leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth.”

Market News, News

Samsung Responds to Apple’s iPhone 12, Unveils Its Galaxy S21 Series

By Godfrey Benjamin Jan 15, 2021 • 3 mins read

The Samsung Galaxy series has a rich history dating back to 2010 and has ushered in an impressive technological evolution through which the S21 series is born.

Market News, News

GM Stock Hits Record $50 on General Motors Electric Vehicle Push

By Darya Rudz Jan 15, 2021 • 3 mins read

Following all the announcements made at the CES event, General Motors stock rocketed. On Thursday, it hit a new record close, topping $50.

Market News, News

Joe Biden Unveils $1.9T COVID-19 Rescue Package Supporting Households and Businesses

By Bhushan Akolkar Jan 15, 2021 • 3 mins read

The package involves measures and financial help for vaccine distribution as we supporting the unemployed through direct transfer benefits up to September 2021. President-elect Joe Biden said that they have no time to waste and get the ball rolling fast.

Blockchain News, Market News, News

RIOT Stock Up 7% in Pre-market, Mason Jappa Joins Riot Blockchain Advisory Board

By staff writer Jan 14, 2021 • 3 mins read

In the last two years, Riot has already made several additions to its board of directors.

Market News, News

ZM Shares Up 2% After Zoom Raises $1.75B in Capital

By Godfrey Benjamin Jan 14, 2021 • 3 mins read

Zoom saw a significant uptick in its user base and revenue in 2020 driven by the boosted demand in video communications as most people worked from home in the heat of the coronavirus pandemic.

Market News, News

GM Shares Soars 1% Following General Motors Conference Where It Unveils New Products

By Godfrey Benjamin Jan 14, 2021 • 3 mins read

General Motors investors are arguably betting big on the company’s stock as the firm is set to spinoff about five new products beginning from this year.

Market News, News

DJIA and Other Wall Street Indices Remain Calm as Intel Leads Gains

By Bhushan Akolkar Jan 14, 2021 • 2 mins read

Investors have been waiting on the sidelines with the impeachment developments of President Donald Trump as well as on the hope of the next stimulus package announcement by upcoming President Joe Biden.

Cryptocurrency News, Market News, News

Chinese Mining Rig Manufacturer MicroBT to Go for IPO in US

By Godfrey Benjamin Jan 14, 2021 • 3 mins read

The move of MicroBT to go public in the United States will be a big win for the ambitious company amid the growing demand and the ongoing rise in the adoption of Bitcoin by institutional investors.

Market News, News

INTC Stock Surges 7% on News of Ouster of Intel CEO Bob Swan

By Bhushan Akolkar Jan 14, 2021 • 2 mins read

Bob Swan will be stepping down two years after his promotion to the CEO position. The latest decision of ouster comes as Intel has been lagging behind in rolling out its next-generation chips and losing ground to its competitors.