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.
US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector.
Republican lawmakers have questioned whether the US SEC has assured enough security measures before granting Prometheum Inc. the license to operate as crypto broker.
Despite the favorable revenue surprise, Home Depot saw a moderated fiscal year earnings projection implying that the corporation remains cautious about the road ahead.
The Jacobi FT Wilshere Bitcoin ETF listing marks a significant achievement for the firm and the broader European crypto investment landscape.
Tencent Music entertainment noted that users are more willing to pay for the premium features. In Q2, the company registered 20% surge in the total paying users for its online music streaming service.
Aside from the Grayscale Bitcoin Spot ETF, the SEC is also reviewing other Bitcoin ETF proposals.
Morgan Stanley analysts find a strong visibility for Nvidia for the next 3-4 quarters amid the AI boom.
Hut 8 Mining reported a revenue of about $19.2 million in Q2, a significant decline from $43.8 million recorded in the same period last year, mainly caused by increased mining difficulty.
Foxconn sees sluggish demand for electronics within the global economy for the rest of the year and thus it has reduced its revenue estimates.
The global rice market is experiencing a significant upheaval as prices soar to their highest levels in nearly 12 years.
Robinhood had earlier motioned for the arguments against it to be completely dismissed.
Despite the US sanctions and the current economic situation in China, Huawei has continued to innovate and diversify.
The company’s expansion into new business verticals has played a significant role in bolstering its fiscal Q1 2024 results.
Following the release of the earnings report, Disney stock declined by 0.73% to close at $87.49. After hours, Disney shares added 2.24%. Year-to-date, Disney stock is 0.70% up.
The decision to consolidate these operations coincides with Rakuten’s unveiling its financial performance for the second quarter.