Bitcoin surged 28% over eight days, reaching a 15-week high of $81,265 before retreating below $80,000 as traders took profits. This rally wiped out three months of losses and added $350 billion to its market cap, marking one of its strongest weekly performances in five years. CryptoQuant's Bull Score hit its highest level since October 2025, signaling strong bullish momentum, but a weekly close above $83,000 is needed to confirm a new bull cycle. Despite optimism, some short-term holders secured $1.2 billion in gains recently, and increased Bitcoin deposits to exchanges suggest potential near-term volatility. Meanwhile, U.S. spot Bitcoin ETFs attracted $338 million in inflows, led by BlackRock's $209 million contribution, highlighting growing institutional interest.
Best Buy reported a strong fiscal Q2 2027 with revenue up 3.6% to $9.78 billion and comparable sales rising 4.1%, surpassing expectations. Adjusted diluted EPS increased 15% to $1.47, helped partly by $34 million in tariff refunds. Following these re...
BP, a major global energy company, is actively managing its portfolio by potentially selling oil and gas assets in Egypt to Energean and investing in new projects like a Halliburton contract in Brazil's offshore field. This strategic move aims to enh...
Cardano's constitutional committee must ratify a governance action by September 6, 2026, to renew four of its seven seats. If not ratified by then, the committee falls below its minimum size of five members, causing a governance standstill where no m...
Bitcoin mining currently consumes 30% of Paraguay's energy, mainly from hydroelectric sources, raising concerns about a potential energy crisis by 2029 if demand continues to grow. Analysts warn that stagnant power generation and a $15 billion invest...
Pernod Ricard reported Q4 2026 earnings per share of $0.42 and revenue of $4.90 billion, both surpassing analyst expectations. However, the company faces significant organic sales declines of 14% in the US and 19% in China due to weak consumer demand...
