Liquidity at $67,000 and above remained a force containing upside, this totaling around $75 million at the time of writing, per data from monitoring resource CoinGlass.
Xi Jinping’s government announced its most forceful attempt yet to rescue the beleaguered Chinese property market, relaxing mortgage rules and urging local governments to buy unsold homes as authorities become increasingly concerned about the sector’s drag on economic growth.
Microsoft plans a major shake-up of its videogame sales strategy by releasing the coming installment of “Call of Duty” to its subscription service instead of the longtime, lucrative approach of only selling it a la carte.
📈 Market Data
🚨 Important News This Week
AI
Google is bringing Gemini capabilities to Google Maps Platform
Stability AI in talks to raise money from investor group
Snowflake Is in Talks to Buy Reka AI for $1 Billion
Tech
TikTok is testing the ability for users to post HOUR-long videos
Figma valued at $12.5 billion in tender offer backed by Fidelit
Twitter’s domain is now officially x.com, Elon Musk ‘tweets’
Business
GameStop Extends Rout on Falling Sales, Plan to Sell Shares
PBOC Earmarks $42 Billion for State Buying of Unsold Homes
US Fed officials suggest interest rates should stay high for longer
Crypto
‘Notcoin’ Airdrop Claim Opens as Binance Users Stake $14 Billion