Bitcoin briefly fell below $60,000 after a stronger-than-expected US jobs report caused a $1.6 billion liquidation in leveraged crypto positions, but it has since recovered above $61,000. The strong jobs data suggests the Federal Reserve is less likely to cut interest rates soon, pressuring risk assets including crypto. The liquidation mainly affected long positions, clearing overleveraged bets and potentially setting a cleaner base for Bitcoin's next move. Holding above $60,000 is now crucial to avoid further sell-offs amid ongoing macroeconomic uncertainties and ETF outflows.
On October 2, 2026, Stablecoin Development Corp. shares jumped 104.4%, trading above their 50-day moving average without a clear catalyst. Armada Acquisition Corp. II rose 68.2% following shareholder approval of its merger with Evernorth, expected to...
NetApp's stock price target was increased from $215 to $260 following its robust fiscal 2027 Q1 results, which included $2.03 billion in revenue and $2.58 non-GAAP earnings per share, both exceeding estimates. The company is advancing its AI infrastr...
NextEra Energy and partners are developing Project Star, a $22.3 billion natural gas-powered energy campus in Encinal, Texas, aimed at powering a large data center and supplying the grid. The campus will have 6.47 gigawatts of generation capacity, wi...
UBS has increased its price target for G-III Apparel Group to $27.00 from $26.00, reflecting confidence in the company's financial health and market position. Although the current share price slightly exceeds UBS's target, other analysts see potentia...
On October 1, two rare CryptoPunks NFTs sold for a combined total of at least 3.875 million USDC through GONDI, an NFT lending platform. The sales used GONDI's Sell & Repay feature, allowing borrowers to sell NFTs held as loan collateral and repay th...
