Bitcoin's price fell 14.4% in the first five days of June, losing key support at $72.4k and triggering $1.399 billion in ETF outflows. On-chain data and market sentiment suggest the next major support levels are around $54k and $50k, with a possible drop to $51k later in 2026. The Bitcoin Rainbow Chart shows the price below its lower band, similar to the 2022 bear market, signaling potential further downside. Investors are advised to view the Rainbow Chart as a projection tool rather than a precise forecast due to evolving market cycles and growing institutional involvement.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
