Shares of Facebook parent Meta Platforms Inc. plunged more than 20% in extended trading Wednesday after detailing a holiday-earnings miss, weak guidance and intensifying competition. Meta FB, +1.25% s...
Tag: Market
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange – Exchanges Bitcoin News
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity ...
Crypto Winter? Coin Bureau Says Digital Assets Are Completely Different From Last Bear Market – Here’s Why
The host of the popular YouTube channel Coin Bureau thinks digital assets are in a completely different place than they were during the “crypto winter” of 2018/2019. The pseudonymous analyst known as ...
PayPal Stock Crash Wipes Out Over $50 Billion In Market Value After Company Lowers Profit Outlook
Topline Shares of payments giant PayPal had their worst day on record—plunging roughly 25%—after the company issued disappointing revenue and profit forecasts for 2022, citing factors like higher infl...
Quant Climbs 20%, as Loopring Selloff Extends – Market Updates Bitcoin News
After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% du...
Bitcoin Consolidates After Yesterday’s Rally – Market Updates Bitcoin News
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD ...
Major crypto exchanges eye Asian market amid growing regulatory clarity
Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region. Coinbase launched in Japan last year, joining the selected group of...
GameFi crypto tokens like Decentraland and Axie Infinity have taken over the market
Axie Infinity and Decentraland are two of the GameFi crypto tokens that are a favorite among the fans Gala, Firezard and Sandbox follow the top-two in the list The crypto carnage has persisted despi...
Companies cut 301,000 as omicron slams labor market
Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday. Private payrolls...
‘Significant’ Wash Trading, Money Laundering in NFT Market: Chainalysis
Chainalysis—a blockchain analytics platform—has found “significant” evidence of wash trading and money laundering in the emerging NFT market. “As is the case with any new technology, NFTs offer poten...
‘Peak fear’ but on-chain metrics say it’s not a bear market
Bitcoin analyst and co-founder of software firm Hypersheet Willy Woo believes that on-chain metrics show that BTC is not in a bear market despite observing “peak fear” levels. Speaking on the What Bit...
Bitcoin Market Dominance Hit Highest Since November 2021, No Alt Season in Sight
After reaching its biggest market capitalization dominance since November 2021 last week, Bitcoin is regaining market share from altcoins. The pioneer momentarily accounted for almost 42% of the globa...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Bitcoin Will Need Help From the Stock Market To Kick Off Reversal, According to Crypto Analyst Benjamin Cowen
A popular crypto analyst is looking at historical Bitcoin (BTC) trends as well as the US stock market to determine when the cryptocurrency might regain some positive momentum. In a new strategy sessio...
Bitcoin Inflows Suggest Institutional Investors Are Moving Back Into The Market
Bitcoin and the crypto market at large had suffered outflows that coincided with the massive sell-offs that rocked the market. This contributed to the downtrend that saw bitcoin touch towards six-mont...
On-Chain Analyst Willy Woo Makes Argument for Why Bitcoin (BTC) Is Not in a Bear Market
Crypto analyst Willy Woo is examining the on-chain metrics of Bitcoin (BTC) to determine the flagship cryptocurrency’s current market state. Woo says on the What Bitcoin Did podcast that, based on on-...
Bitcoin Charts Similar Market Structure As of June 2021’s Bottom (BTC Price Analysis)
While bitcoin is recovering from its massive 50% crash since reaching the ATH in November 2021, the onchain and technical indicator are not showing strong momentum and signs of a bull run renewal. The...
OpenSea Hits Record $5B in Monthly Sales as Ethereum NFT Market Swells
In brief OpenSea had a record-breaking January, with more than $5 billion in trading volume between Ethereum and Polygon. Other marketplaces put up sizable numbers last month, as the Bored Ape Yacht C...
Crypto market stages comeback with Solana, Terra leading rally
After a brutal start to the year, the cryptocurrency market kicked off February in the green, with leading cryptocurrencies like Solana and Terra clocking in double-digit gains over the course of the ...
Bitcoin Market Dominance Continues, Hits 2-Month High as Altcoins Are in Red
BTC briefly accounted for almost 42% of the overall crypto market cap in late January, according to the statistics from CoinMarketCap and TradingView. Bitcoin (BTC), since the jump, has been the bigge...
Solana Surges 15%, as Loopring Price Declines – Market Updates Bitcoin News
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptoc...
Ethereum Surges 10% to Start February – Market Updates Bitcoin News
Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bit...
Portfolio manager: the market might not have bottomed yet
The S&P 500 index has recovered 5.0% from its low of 4,300 on Friday, but Satori Fund’s Dan Niles warns it’s too early to say that the worst is in the rearview mirror. Reasons why Nile...
Amber Group Procures DeCurret Inc. Enabling Its Entry to Japan’s Crypto Market
Amber Group has procured DeCurret Inc., a crypto-asset exchange service provider, which is registered with the Japanese Financial Services Agency (FSA). Finance Magnates recently learned that Amber Gr...
Solana Looks to Incorporate Fee Market Akin to Ethereum
Key Takeaways Anatoly Yakovenko has proposed a fee market for Solana. A fee market would help reduce spam transactions while allowing users to pay a tip to have their transactions prioritized. Solana ...
Solana Ushers In Groundbreaking Payments Era, Further Strengthening SOL’s Market Position ⋆ ZyCrypto
Advertisement     Solana’s (SOL) price has increased rapidly following the introduction of a new open-source protocol for the latest generation merchant payments. ‘Sol...
Billionaire Saylor’s MicroStrategy Bought $25 Million In Bitcoin During Last Month’s $500 Billion Crypto Market Crash
Topline MicroStrategy, the data analytics firm helmed by billionaire cryptocurrency bull Michael Saylor, announced its latest big investment in bitcoin on Tuesday morning, yet again doubling down on i...
AstroPay Enhances Presence in Cryptocurrency Market
One of the fastest-growing financial services providers, AstroPay announced today that it has expanded its presence in the financial world with the introduction of several crypto offerings. Now, users...