Bitcoin traded near $77,500 on August 29 after US spot Bitcoin ETFs experienced $201.9 million in net outflows, ending a nine-session streak of inflows. The price dropped 2.9% in 24 hours but held support around $77,000. Analysts identify $72,000–$74,500 as the next key buying zone if support fails. The outflows followed Federal Reserve Chair Kevin Warsh's speech signaling persistent inflation and cautious monetary policy, which pressured risk assets including Bitcoin. Despite short-term weakness, daily technical indicators remain broadly bullish, with Bitcoin trading within a $72,441–$83,939 range. The market awaits a move above $80,000 to confirm recovery or a drop below $72,441 to signal a bearish shift.
Two directors of Equitable Holdings sold shares recently, with Bertram L. Scott selling 2,780 shares and Craig C. MacKay selling 2,000 shares. Meanwhile, institutional investors showed mixed activity: Engineers Gate Manager LP drastically cut its hol...
Shares of Greenland-linked mining companies surged following a new U.S.-Denmark-Greenland security agreement that boosted investor interest in Greenland's mineral resources. Greenland Mines Ltd. jumped over 229%, while Critical Metals Corp. rose near...
Biotech stocks and leveraged ETFs were the biggest losers in the market, with Cue Biopharma dropping 23.7% despite positive Phase 2 clinical results. Leveraged ETFs tied to AMD, Strategy, and Novo Nordisk also saw sharp declines due to their daily-re...
Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
