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Key Takeaways Netflix announced acquisition of Warner Bros. Discovery’s TV, film studios, and streaming business. Pivotal Research downgraded Netflix stock after the acquisition news. Share this article Netflix stock faced a downgrade today following the streaming giant’s announcement that it will acquire Warner Bros. Discovery’s TV, film studios, and streaming division. Pivotal Research, an investment…

The altcoin market in December no longer shows the heavy losses seen last month. It is now moving into a new sideways phase. Several altcoins with unique catalysts and news flows have pushed many derivatives traders to take one-sided positions.However, this week also brings several important macro events. These events may expose their positions to…

DOT$2.1239 advanced 0.8% to $2.12 over 24 hours, underperforming the wider cryptocurrency market. The CoinDesk 20 (CD20) index, was 2.8% higher at publication time.The token’s inability to match crypto market momentum, signals underlying hesitation in investor sentiment toward the Polkadot ecosystem, according to CoinDesk Research’s technical analysis model.The model showed that the advance occurred on…

Robinhood is set to enter Indonesia’s fast-growing crypto market. The company announced the acquisition of two local firms in the country to tap into their market. Robinhood Taps Indonesia’s Expanding Investor Base The exchange announced plans to acquire two regulated local firms, Buana Capital Sekuritas and Pedagang Aset Kripto, according to Reuters. The purchase gives…

Jake Chervinsky, CLO at crypto VC Variant Fund, has criticized a recent New York Times (NYT) report on stablecoins as a ‘hit piece.’  According to the article, stablecoins have become the most preferred option for money launderers and criminals evading U.S. sanctions. Over $25 billion of illicit funds have been moved via stablecoins in 2024…