Fireblocks and Taurus are among the cryptocurrency companies broadening their services to cater to the increasing institutional need for storing digital assets.
Derivatives trading volume on the largest exchanges experienced a 1.4% decline month-on-month in April. Conversely, futures trading volumes on Binance, the leading centralized exchange (CEX), surged by over 72% from March to April.
Meta, formerly known as Facebook, has become a standout performer on Wall Street since early 2023, when CEO Mark Zuckerberg promised investors a "year of efficiency." The company's stock nearly tripled in value last year, second only to Nvidia among S&P 500 constituents, and has continued its upward trajectory with a 40% increase in 2024.
Bitcoin, the world's largest cryptocurrency by market capitalization, continued its upward surge on Tuesday, hitting a two-year peak exceeding $57,000. This ascent buoyed the broader crypto market amidst favorable market developments and increased purchasing activity from crypto enthusiasts.
The market got off to a rough start this week as BTC fell more than 4% after OPEC+ vaguely announced that it would cut production by 1.16 million barrels from May. Gasoline prices rose more than 8% after the news, raising concerns that higher oil prices will put pressure on the global economy.
WWE was sold to UFC parent company Endeavor Corp. At $9.3 billion, that's about 30 percent more than the company's most competitive market cap. No one does this better than Vince McMahon, whose stake in the company has more than $3 billion in competitive fees, enough to place him on the Forbes 400 richest people list.
Amazon.com Inc. became the first in the world to lose $1 trillion in market value because rising inflation, tightening monetary...
Bitcoin price dipped below $16,000 on Wednesday afternoon after Binance, the largest crypto exchange, withdrew an emergency deal to buy...
Apple raised prices for its music and video streaming services on Monday. This is the latest example of streaming products...
The EU Council, one of the European Union’s legislative bodies, has approved a draft regulatory framework for the European cryptocurrency space. It will be up to European parliamentarians to approve the cryptocurrency...