500 Financial News

Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social media platform Twitter.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Fall in bond yields, recovery in equity markets and signals of waning inflation sent the crypto markets higher. However, the tokens did not go soaring as fears over the worst are not yet over. All the top crypto tokens were trading higher on Tuesday. Polygon rallied over 5 per cent, whereas Avalanche and Ethereum jumped about 3 per cent each. Bitcoin, Solana and Polkadot were up by 2 per cent each. The global cryptocurrency market cap was trading quite higher at $941.55 billion, rising as much as 2 per cent in the last 24 hours. However, the total trading volume jumped more than 14 per cent to $51.89 billion.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Cathie Wood's Ark Invest launched a new venture capital fund, targeting individual investors with a minimum investment of just $500.

cryptocurrencies amid fears of a further aggressive rate hike by the US Fed and inflationary woes during the last week, top cryptocurrencies on September 18 were seen gaining some ground. The largest crypto by market capitalisation Bitcoin (BTC) regained USD 20,000 levels. Ethereum-the second largest token by m-cap that took a sudden beating post the much sought-after merge event was seen firm by close to 1 per cent at USD 1,450. Notably, post the mega ‘Merge’ event, Ethereum witnessed a severe rout and after posting initial gains, the token registered its downtrend. “It seems likely that a mix between the still-high correlations and investors looking to 'sell the news' led to ether's severe drop in spite of the milestone accomplished,” IntoTheBlock wrote in a research note Friday. For NFTs or non-fungible tokens there is seen a different momentum after the long-awaited upgrade of the Ethereum blockchain. Sales and prices of NFTs have surged, according to crypto data tracker DappRadar. The upgrade, known asthe Merge, also seems to have benefited marketplaces that sell NFTs based on Ethereum, which is the most popular blockchain for this type of token, added a Bloomberg report. According to the Coinmarketcap data, while the global crypto market-cap has inched higher by 0.76 per cent over the previous day to $972.06 billion, the volumes in the market have softened by close to 26 per cent during the same period to $48.00 billion.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Bitcoin plunged below the $20,000 mark, whereas Ethereum sank 10 per cent, recording its biggest loss in the last one month. It broke below $1,500 after the much-awaited software update — the merge. Barring the dollar-pegged USD Coin and Tron, all other major crypto tokens were in the red on Friday. XRP and Avalanche dropped about 4 per cent each. The global cryptocurrency market cap was trading significantly lower at $959.65 billion, dropping more than 3 per cent in the last 24 hours. However, the total trading volume gained as much as 8 per cent, close to $84.22 billion.

The Ethereum blockchain has just undergone the most significant upgrade in its history. However, while many market players expected the price of ETH to skyrocket following the Merge, things haven't quite gone as planned.

Illness caused by Covid-19 shrank the U.S. labor force by around 500,000 people, a hit that is likely to continue if the virus continues to sicken workers at current rates, according to a new study released Monday.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

The UK's new prime minister, Liz Truss, says her government will cap domestic energy prices for homes and businesses to ease a major cost-of-living crisis.

Investors continued their vigil for the US central bank chair's comments that might hint at the Fed's next interest rate hike. Barring Solana and Polkadot, major crypto tokens were trading higher on Friday. Shiba Inu rose 4 per cent, whereas Cardano, BNB and Dogecoin added a per cent each during the early hours. The global cryptocurrency market cap was trading marginally higher at the $1.04 trillion mark, rising less than a per cent in the last 24 hours. However, the total trading volume dropped more than 2 per cent close to $63.98 billion.

After plunging late last week, bitcoin and ether traded sideways. Along with the cues from the US Fed, 'The Merge'' in Ethereum is much awaited by the crypto traders. Ethereum rose more than 3 per cent, whereas Solana gained 2 per cent. Polygon, BNB and Tron were marginally down. The global cryptocurrency market cap was trading at the $1.04 trillion mark, rising about 2 per cent in the last 24 hours. However, the total trading volume dropped more than 7 per cent close to $65.46 billion.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Bitcoin sank to below $22,000 on 19 August, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest rate hikes.

Bitcoin, the largest cryptocurrency by market capitalisation, slipped 2.99 per cent to $23,425 in the last 24 hours, taking its seven-day losses to 4.66 per cent.Ethereum declined 3.83 per cent to $1846.50. This crypto has fallen 2.4 per cent in the last seven sessions. BNB tanked 4.45 per cent to $306.97. Cardano plunged 6.68 per cent while XRP declined 3.22 per cent. Solana, Dogecoin, Polkadot and Shiba Inu plunged 7-8 per cent.

Bank stocks have had a rough year. Lately they’re showing signs of life.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject