Bitcoin's price recovery in March and April was undermined by a drop below $60k in early June, shaking market optimism. A key demand zone between $60k-$70k saw significant trading, with 20% of circulating BTC changing hands, indicating a major transfer from weak to strong holders. Despite whale wallets accumulating BTC, long-term holders and miners continue to sell, and exchange reserves are shrinking, suggesting limited immediate supply. Market analysts note that miner stress remains high and the bear phase may deepen, while Bitcoin's price weakness contrasts with gold's relative strength amid Fed rate decisions, signaling cautious investor sentiment ahead.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
