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BITCOIN BELIEVERS ARE BACK; GOOGLE REJECTS THE CANCELLATION OF COOKIES! TECHNICAL MARKET ROUNDUP

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Why is Google delaying cookie cancellation?

Newly listed tech startups like Zomato, Paytm, Nykaa and MapMyIndia have seen strong year-on-year (YoY) revenue growth.

Stocks in general have been bullish for the past few weeks, as has Bitcoin, which is up 15% in its first thirty days. After a stomach-churning bout of rawness and existential angst, electronic asset traders are once again focusing on US inventory sentiment as a gauge of something worse.

Google

The recent attack on a cryptocurrency exchange and allegations of lack of transparency and failed KYC checks on its shareholders are seen as the latest blow to market players’ efforts to obtain a legal framework. The fall in cryptocurrency prices in recent months has already put the power of the “asset” under scrutiny, especially as institutions like the Reserve Bank of India and parts of the finance ministry raise doubts. it took a long time.

Google

Why is Google delaying cookie cancellation? Google previously said it would phase out this digital advertising system in 2022, but the date has been pushed back. Google has decided to stop this plan because it needs to review its new privacy test before removing the existing system

Big tech is bad! Much has been written about the time when Big Tech is on top. Meta recently reported its first decline in revenue due to a decline in online advertising. Amazon, Netflix and others are cutting back on hiring. Many platforms have seen their stock prices collapse this year, usually with rising rates, and their growth has slowed.

Newly listed tech startups like Zomato, Paytm, Nykaa and MapMyIndia reported strong year-on-year (YoY) revenue growth in the first quarter (Q1) of the ongoing financial year (FY23) on the back of growth in gross order value (GOV), strong payment monetization, growth in gross merchandise value (GMV) and unique digital products of the new era with deep technologies.

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