Markets

Our retrospective of what happened in the markets in the past 24 hours.

Michael Saylor, CEO of business intelligence company MicroStrategy has announced that he will be stepping down from the chief executive role to an executive chairman role.

Digital asset funds showed five consecutive weeks of capital inflows in July.

Experts say it may be due to Ethereum developers signalling a final date for the long-awaited Ethereum Merge. 

The crypto market capitalisation has risen above the $1 trillion mark following a strong week of double-digit gains from Bitcoin, Ethereum and others.

Bitcoin mining costs have fallen sharply, leading miners to review their stock and invest in new machines

NYCB will be the first community bank to provide custody services for assets backing the USDC stablecoin

US accounting firm KPMG has taken its first steps into the metaverse with a $30 million investment in an employee training and collaboration hub that will connect employees, clients and others with Web3.

News: Investment bank Goldman Sachs has struck up a deal to buy up Celsius’ crypto assets in the event of bankruptcy

Uniswap will launch an NFT marketplace this Autumn and integrate its platform with NFT aggregator Genie

The Deputy Governor expects the continued growth and development of cryptocurrency technology in future.

Following the slump in Bitcoin price in recent weeks, the number of wallet addresses containing one Bitcoin or more has increased dramatically.