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.
Moody’s is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds.
The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions.
The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company’s investment arm is up.
Lucid announced revenue of $150.9 million in Q2 2023 driven by customer deliveries of 1,404 electric vehicles.
Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability.
Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments.
Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report.
Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.
Despite the revenue drop during the second quarter, Saudi Aramco declared a $19.5 billion dividend payout to shareholders.
Though subdued, it was a positive all-round performance for the crypto market in Q2 2023.
Saudi Arabia’s investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments.
Nikola’s second-quarter results not only revealed insights into its financial situation but also demonstrated the company’s aggressive measures to strengthen its financial base.
Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company.
One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments.
From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies.