Although Zhao says that Binance.US should float an IPO soon, he added that the move depends on a few factors, including regulatory approval.
The Ethereum (ETH) price rally comes amid strong on-chain fundamentals and depleting exchange reserves. The London hard fork has also fueled the bull run.
According to a study conducted by Refinitiv, at least six analysts cut their price target on Zoom stock.
This deal makes CryptoPunks one of the first NFTs to make its way to the traditional form of media.
It is important to note that despite the acquisition, no material impact is expected to occur on LedgerX operations as it will continue to provide its current offerings to its existing customer base.
Robinhood has previously stated that the payment for order flow is a better deal than the traditional one.
The Nasdaq Composite and S&P 500 have rallied 4% and 3% respectively this month of August. All eyes are currently on the unemployment data and job creation reports coming later this week on Friday.
Notably, the move of PayPal to launch a stock-trading platform comes amid the boom on the market. In the first half of this year, more than 10 million new individual investors have entered the market. Such a figure is almost equal to last year’s record level.
Amid all the uncertainties and volatility on Wall Street, here are the top five picks which can deliver steady revenue growth moving forward-looking at the current shaping up of the macro economic data.
On a fifteen year-scale Fidelity expects Bitcoin can touch $100 million based on the stock-to-flow model.
Tesla applied with the Texas Public Utility Commission to sell electricity in the state in mid-August.
Wall Street investors are eagerly waiting for the Fed’s commentary on the Jackson Hole symposium event scheduled later today. The Fed is most likely to taper the stimulus measures for the rest of the year.
The markets remained pumped up ahead of the Fed meeting on Thursday, where the central bank will discuss any stimulus tapering measures.
Meme stock like GameStop, Robinhood, and AMC entertainment gained traction as the overall market remains muted awaiting Fed’s commentary on stimulus measures ahead this week.
This year, at least 19 issuers have indicated they are looking to launch any crypto ETF. About 12 of them focus on Bitcoin.