Latest Market News
Leading crypto exchange Binance has assigned the position of head of Binance Labs to its co-founder Yi He, a blog post announcement reveals.
The crypto and blockchain world never sleeps, regardless of what's happening in the markets. Let's take a look at three projects that will be especially interesting to follow in the coming week.
Popular Bitcoin proponent Michael Saylor has stepped down from his role as the CEO of business intelligence firm Microstrategy even though he will remain as the executive chairman.
The aggregate open interest for Ethereum options rose by more than $4 billion within thirty days, according to new data. Experts have opined that the highly anticipated Ethereum Merge is responsible for the current level of interest surrounding ETH.
Ledger, the leading company in the hardware cryptocurrency wallet market, is reportedly looking to raise $100 million in capital. Per a Bloomberg report, Ledger is seeking a higher valuation than the $1.5 billion valuation at which it raised $380 million in a Series C round last year.
Ethereum co-founder Vitalik Buterin says that Meta’s attempt at creating a “metaverse” will “misfire” because it’s “far too early to know what people actually want”.
Although we’re still in the midst of a bearish phase in the cryptocurrency markets, many projects are taking this time as an opportunity to build and improve. Let’s check out 3 cryptocurrency and blockchain projects that will be especially interesting to follow in the next few days.
Meta, one of the leading social media platforms, published its business result for the second quarter of 2022 on Thursday. According to the report, the company’s metaverse division, Reality Labs, recorded a loss of $2.8 billion in the second quarter.
Yesterday, the Federal Reserve (Fed) announced the second consecutive increase in the federal funds rate. As was widely expected, the Federal Open Market Committee (FOMC), a committee consisting of twelve Fed officials, increased the interest rate by 0.75 percentage points in order to fight the growing inflation.
Later today, the Federal Open Market Committee (FOMC), a committee consisting of twelve Federal Reserve (Fed) officials, will meet for the fifth time this year to discuss monetary policy goals. There is a growing belief among investors that the committee will authorize another federal funds rate hike in the 75 BPS points range.
