According to Sony and The Lego Group, the investment into Epic Games is to create a “family-friendly” metaverse project.
The CSI 300 Index, which tracks the most extensive stocks on the mainland, dropped by 3.09% to 4,100.07.
The fifth wave of sanctions also involved a new ban on four major Russian banks which makes up about 23% of the market share in the Russian banking sector.
Despite the hike in interest rate by 25 basis points back in March, inflation is still not well tamed in the US and the stock market is pricing in this reality.
Should the acquisition be finalized, Bolt Financial will be in the best position to deploy its resources to help expand the scope of Wyre’s offerings as more people are warming up the embracing digital currencies.
Binance believes that the recent financing signifies an important moment for the company as it empowers people to maximize the use of money.
The Fed plan to reduce its balance sheet and raise interest rates is already impacting European stocks, with several indexes set to decline.
A lot has changed in the Bitcoin and general digital currency ecosystem since MicroStrategy first made its investment in Bitcoin. Today, there is more awareness about the crypto asset amongst institutional investors.
The new Forbes billionaires list reveals 87 less billionaires, less newcomers, and a $400 billion decline in total net worth.
Events surrounding Elon Musk’s tweets in recent times have suggested that he might have some interest in the social media platform.
The US stock market tries to remain upbeat as fears of recession once again take the center stage. All eyes on the FOMC meeting ahead this week on Wednesday.
Both Bitcoin and the S&P 500 seem to have some correlation, very apparent as 2022’s first quarter concludes with both closing down.
The US stock market also tumbled and backpedaled on its winning streak on account of the inversion of the 5-year and 30-year Treasury yields earlier this week for the first time in about 6 years.
Bitcoin price is now retesting the 2022 opening price, which was followed by the dip that has taken three months to recover.
While the outlook of the US market is impressive, fears of impending economic slowdown still abound and this will guide investors in choosing their investment strategies appropriately moving forward.