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.
The shares of iQIYI plummeted on Thursday and the after-hours trading following a fraud investigation by the SEC into the Baidu-backed firm.
BitMEX revealed plans to begin ID verification by the 28th of August. Users are expected to complete the process within six months.
Fortnite’s parent company Epic Games has filed a lawsuit against Apple calling its actions as monopolistic, unreasonable and unlawful.
Goldman Sachs has sold off 9% of its MoneyGram shares worth $6.5 million. The investment banking giant revealed this is an SEC regulatory filing this week.
Along with the 5G-enabled iPhone 12, Apple plans to launch new services bundles platform called “Apple One.”
Embattled payment service company Wirecard (WDI) is set to be ousted from the DAX index following the company’s declaration of insolvency.
The blockchain-based digitization of securities will provide liquidity and compliance as well as serve as a replacement to the paper certificate.
Following the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0.42% down, at $30.52 per share. In the pre-market trade today, it slightly declined.
On August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.
Tencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat.
Announcing its stock split, Tesla said that they were looking to make its shares more accessible to employees and small investors.
As a result of the announcement by MicroStrategy about purchasing BTC, the company’s shares jumped 9.12% yesterday.
The United Kingdom has witnessed one of its worst GDP contraction during Q2 2020 owing to lockdowns initiated by the government after the outbreak of the coronavirus pandemic. Job losses are on a steep rise as the U.K. economy shows little of recovery in the near term.
Moderna inked a $1.525 billion deal with the U.S. government for the supply of 100 million doses of its promising mRNA-1273 vaccine. MRNA stock is up in the pre-market.
Following an $18 billion loss in 2019, SoftBank Vision Fund added nearly 3 billion. The increase is turning SoftBank’s books around.