On Friday (May 13), Japanese investment bank Nomura announced that it had started offering over-the-counter (OTC) Bitcoin derivatives to its client in Asia. Nomura Holdings, Inc. is “a Japanese financial holding company and a principal member of the Nomura Group.” It — alongside “its broker-dealer, banking and other financial services […]

Historically, the market cap of a crypto token moves in correlation with significant changes in the coin’s price. The same fundamental theory proved true this week as BTC’s market capitalization fell to just over half a billion. According to data from technical analysis, the leading coin lost more than $400 […]

Crypto markets continued to be roiled by stablecoin-triggered volatility, causing overall crypto market capitalization to drop to $1.21 trillion, from $1.37 trillion, early on Wednesday. Close on the heels of the de-pegging of the algorithmic stablecoin TerraUSD (UST), Tether (USDT), the biggest stablecoin by market capitalization briefly lost its peg […]

A sea of red descended on markets worldwide amidst a less than expected fall in the inflation in the U.S and a less than expected GDP reading from the U.K. Asian markets closed with losses. European markets are trading in deep negative territory. Wall Street futures are also trading in […]

Shares of video game software development company Unity Software Inc. (U) are down more than 30% Wednesday morning following first-quarter results. The company provided second-quarter as well as full year revenue outlook below Street view. Unity expects second-quarter revenue to be in the range of $290 million — $295 million. […]

Shares of energy and emissions control solutions provider Babcock & Wilcox Enterprises, Inc. (BW) are down more than 15% after the company’s first-quarter loss missed analysts’ view. Net loss in the first quarter was $12 million or $0.14 per share, compared with net loss of $15.5 million or $0.22 per […]

El Salvador puts its foot on the pedal to increase the size of its BTC holdings. The latest acquisition means the country has purchased over 2000 BTC. The Dip Is The Signal To Buy El Salvador’s President, Nayib Bukele took to Twitter to announce the country’s latest Bitcoin purchase. The […]

As central banks continue to raise rates to rein in prices, investors pull out funds from perceived risky assets. The combination has led to a slump in tech stocks and the increasingly correlated crypto market. Bitcoin Closes In On January Lows Bitcoin on Monday briefly attempted to tap price levels […]