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.
Chip stocks took a tumble Monday after Nvidia lowered its guidance for its Q4 2018. The company revised its quarterly revenue guidance from $2.70 to $2.20B due in part to “deteriorating macroeconomic conditions, particularly in China”.
The cloud-based technical offerings along with the bad luck of Microsoft’s rivals served the company the highest market capitalization in the world. Analysts advise moneybags, who are looking for a better place for their capital, invest into Microsoft’s “golden stocks”.
NYSE Arca has completed the official documentation for the Bitwise Bitcoin ETF which is now pending the review of the SEC for further decision.
Facebook is set to report fourth-quarter 2018 results on Jan 30. Its user base growth will be closely monitored by all. Notably, monthly active users increased 199M on a year-over-year basis and 37M sequentially to 2.271B in the last reported quarter.
While crypto industry has dreamed of a Bitcoin ETF since at least 2013, and crypto companies were pushing it hard to get an approval, the SEC hasn’t given green light to any yet. What Bitwise explained is that the SEC are not against crypro ETFs at all.
Jardine Matheson shares listed on the Singapore Exchange (SGX) took a sudden 83 percent dive worth $41 billion on Thursday morning before making an equally quick recovery.
The market valuation of probably the most renowned manufacturer of electric cars – Tesla, has sharply plunged after the RBK analysts rendered a ‘sell’ verdict.
Citing the U.S. government shutdown, the VanEck executives said that the decision to withdraw the Bitcoin ETF came as there was no one to talk around from the government.
Nobody can deny that Apple has had an incredible decade. Since the iPhone debuted in 2007, the company’s sales have jumped tenfold. The stock has soared over 700%, and up until last November, it was the world’s largest publicly traded company.
As Amazon stock price is showing a major revival, here’s a look into the challenges and opportunities for the e-commerce tech giant.
American lawyer Jake Chervinsky explains that despite the U.S. shut down the SEC has provision to act on VanEck Bitcoin ETF. However, ETF executives remain confident.
Dow Jones futures fell Monday morning, along with S&P 500 futures and Nasdaq futures, even with U.S. stock markets closed Monday in observance of the Martin Luther King holiday.
Yesterday three major U.S. indices were solidly in the green. The Dow Jones was up more than 200 points and Goldman Sachs put earnings estimates to shame reporting a net interest income increase of 10% YOY for the quarter, and 28% for the full year.
Amid the sharp fall in the market during Q4 2018, BlackRock earnings took a major hit falling much below industry estimates.
Netflix shares jumped 6.5 percent after the video streaming company said it was raising prices for its U.S. subscribers. Other internet stocks, including shares of Alphabet Inc , Amazon.com Inc and Apple Inc, also rose following the announcement.