Latest Market News
Shares of Didi Global DIDI, -3.15% dropped 17% in premarket trading on Monday, after the China ride-share group over the weekend announced a 12% drop in fourth-quarter revenue from a year earlier and plans to vote on a delisting from the New York Stock Exchange. The company, which is facing a cybersecurity probe in Japan, […]
Billionaire and Bitcoin advocate, Ricardo Salinas, believes that the growth of Bitcoin is inevitable, but its future depends on how fast and cheap transactions … Source: Cointelegraph
Progressive DAO regulation means questioning accepted institutions: public registries, licensing and corporate rules. Are lawmakers ready? Source: Cointelegraph
The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry. The order will spur the government to examine […]
Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender. Source: Cointelegraph
Citigroup Inc. C, +1.56% shares rose 1.4% on Thursday after the bank said its first-quarter profit fell 46% to $4.3 billion, or $2.02 per share from $7.9 billion, or $3.62 per diluted share in the year-ago quarter. Revenue fell to $19.2 billion from $19.7 billion, as higher net interest income was more than offset by […]