Inflation, the war in Ukraine, and COVID resurgence among other factors affected the trajectory of the market in June. This article covers some of June’s most shifted market sectors.
Amazon may be looking to open a new chapter in its relationship with the world of cryptocurrencies. The tech giant seems to be becoming more open to digital currencies as Bitcoin hits its highest value since mid-June.
Coinbase, one of the world’s largest cryptocurrency exchanges, is scheduled to go public on Wednesday. This marks the first major public listing for an online crypto exchange and some analysts expect the listing to advance the uptake in crypto investing.
Digital payment provider Square disclosed that it had purchased US$170 million worth of Bitcoins in their Q4 2020 earnings release on Tuesday. The company outperformed analyst expectations. However, traders may be concerned about potential volatility.
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