Kalshi, a U.S.-regulated, centralized prediction market platform and late entrant to this year's election betting boom, is building further ties with the cryptocurrency industry. The company has agreed to supply price feeds to Stork Labs' network of oracle services that send data from the outside world to blockchains and decentralized exchanges. This will let developers build...
US stocks climbed on Monday to kick off a pivotal week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report. The tech-heavy Nasdaq Composite (^IXIC) jumped nearly 0.3%, while the S&P 500 (^GSPC) rose by the same amount. The Dow Jones Industrial Average (^DJI) moved...
Stocks are entering one of the busiest weeks of the year near record highs. A late-week rally led by a surge in Tesla (TSLA) shares helped the Nasdaq Composite close the week higher by about 0.9%, just shy of a new record high. Meanwhile the S&P 500 (GSPC) fell more...
Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per data from the onchain market intelligence firm Glassnode. This uptick aligns with the cryptocurrency breaking through multiple technical thresholds, including...
Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on potential outcomes of the upcoming U.S. presidential election. The research provides detailed scenarios for how bitcoin could respond to different...
US companies already dominate the global stock market when it comes to size. A new chart from JPMorgan Asset Management shows that's largely expected to continue. The firm attributes the boom to artificial intelligence. In JPM's 2025 Long-Term Capital Market Assumptions released on Monday, the team projected that US companies'...
The domestic stock market continued to face challenges this week, with the Sensex dropping below 80,000 points in early trade on Friday. Investors are on edge as the market struggles to recover from a steady decline, driven by foreign investor selling and disappointing corporate earnings for the second quarter. The...
Microsoft shareholders are set to vote in December on whether the tech giant should publicly assess adding Bitcoin to its balance sheet, a filing with the United States securities regulator reveals. In the Oct. 24 filing, Microsoft disclosed that “Assessment of Investing in Bitcoin” is proposed to certain shareholders who will vote...
R3, a blockchain company backed by investors including Bank of America Corp. and Intel Corp., is exploring strategic options including selling itself, people familiar with the matter said. The New York-based company has held initial discussions with representatives from Ava Labs, the Solana Foundation and Adhara, said the people, who...
Bitcoin’s classification as a so-called Trump trade is starting to jar with wider shifts in global markets attributed in part to the possibility of the former president’s return to the White House. Bond yields and the dollar have jumped lately amid Republican nominee Donald Trump’s lead over Vice President Kamala...
error: Content is protected !!