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.
Halper Sadeh LLC is investigating whether the sales and mergers involving Utz Brands, BioLife Solutions, and Northrim BanCorp provide fair financial terms to their shareholders. The firm suspects insiders might gain benefits not available to ordinary...
Major cryptocurrencies like Bitcoin and Ether remained mostly unchanged amid modest trading volumes, while semiconductor stocks showed signs of stabilization after a sharp selloff. Samsung reported a 250-fold profit increase due to AI memory shortage...
Cadre Holdings (CDRE) receives a buy rating due to its strong market position and over 80% of its products tied to recurring replacement demand, ensuring steady sales. Despite Q1 margin weakness caused by acquisition-related factors, margins are expe...
Ethereum's 11th anniversary is sparking increased interest, with BlackRock clients buying over $20 million in ETH while Bitcoin ETF outflows total $60 million. A whale recently withdrew 40,000 ETH from Binance, signaling potential long-term holding. ...
ArcelorMittal posted robust second quarter 2026 results with EBITDA of $2.1 billion, reflecting structurally improved margins and a $155 per tonne margin, boosted by strategic investments and a new European trade quota system. Net income reached $0.7...
