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...
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...
US stocks took a dive Wednesday as mounting concerns over big tech earnings, rising Treasury yields and political uncertainty drove down all three major indexes.
Investors have been increasingly on edge about the prospect of former President Donald Trump winning the election, a possibility for which Wall Street has been...
Asia-Pacific markets mostly fell Thursday after U.S. stocks dropped overnight, with the Dow Jones Industrial Average posting its worst day in more than a month.
In Asia, South Korea narrowly avoided a technical recession with its third-quarter GDP growing 0.1% quarter on quarter, following a 0.2% contraction in the second...
Tesla reported its Q3 2024 earnings on Oct. 23, revealing that the company has not sold any of the $184,000,000 in digital asset investments during the quarter and has not sold any crypto for five consecutive business quarters.
According to the automotive company’s financial statements, revenue for Q3 was north...
When Canadian developer Peter Todd found out that a new HBO documentary, Money Electric: The Bitcoin Mystery, was set to identify him as Satoshi Nakamoto, the creator of bitcoin, he was mostly just pissed. “This was clearly going to be a circus,” Todd told WIRED in an email.
The identity...
Oil dropped more than 1% on Wednesday as traders looked for signs of Middle East tensions easing and new data showed that US stockpiles surged.
West Texas Intermediate (CL=F) dropped to settle at $70.77, while Brent (BZ=F), the international benchmark price to close at $74.96 a barrel.
The latest government data...
