Bitcoin traded close to $81,000 on May 10, maintaining gains after a steady weekly recovery. Analyst Michaël van de Poppe highlights that Bitcoin can continue rising as long as it stays above the 21-period moving average, with key supports at $79,000 and $76,000. CryptoQuant data shows profit-taking has been steady, indicating market absorption of gains. However, rising altcoin strength may signal a late-stage rally, with potential 30-50% corrections expected for some altcoins in the coming months. Bitcoin faces resistance at $86,000 to $88,000 and then $93,000 to $95,000 near the 50-week moving average.
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...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
