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.
Tesla is all set to raise $5 billion by the fresh stock offering as it plans new gigafactories and production expansion in the next two years. The fundraise plan comes at a time when the TSLA has skyrocketed nearly 700% so far in 2020.
As governments push for an efficient coronavirus vaccine by mid-2021, DoorDash management expects revenue and business operations to moderate in the following years.
According to Apple, AirPods Max are already available for order. Shipping is planned to begin on December 15. The starting price is $549.
All three futures – Dow Jones, S&P 500, and Nasdaq 100 – opened lower today on Tuesday. The European market also remained under pressure on rising COVID-19 cases.
With the company locked in the S&P 500 index, some analysts expect the Tesla management to further split the shares to secure a position in the Dow Jones index next year.
Pfizer in collaboration with BioNTech is the only COVID-19 developer whose vaccine has already secured an Emergency Use Authorization in the United Kingdom.
While the Pfizer (PFE) vaccine is the first of the vaccines expected to get regulatory approval this year, its distribution may be limited considering its extremely low storage and distribution temperature of minus 70 degrees Celsius and below.
MicroStrategy is significantly outpacing some crypto-based hedge funds with its Bitcoin (BTC) portfolio since it unveiled its plans to pump its excess liquidity into several assets with a primary focus on Bitcoin.
40% of JD Health’s net proceeds will go toward business expansion over the next 3 to 5 years. 30% will be allocated for research and development in the next 2 to 3 years. The rest will go to potential investments, acquisitions, and general corporate purposes.
According to Bittrex, the exchange will accept payments in US dollars (USD), Tether (USDT), or Bitcoin (BTC). Trading will be available round-the-clock seven days a week.
The move by Airbnb and Doordash to boost their valuation with hiked share pricing is set to place the US IPO market on a climactic ending for the 2020 calendar year.
The deal would be wrapped up in the first quarter of 2021 and worth around $730 million. This means 596 pence would be paid by Cisco for each IMImobile share.
Rubin Ritter said on Sunday that he will step down from his role as Zalando co-CEO at the next annual general meeting in May 2021.
The high demand in the short shorts that mostly teased Tesla share sellers has coincided with the company’s internal market reorganization.
The approach to getting business on the Star Market is yielding fruits as the growth of companies making entry therein has skyrocketed in relation to the other stock exchanges.