Bitcoin surged above $66,000 following a US-Iran peace agreement that improved global risk sentiment and a $100 million Bitcoin purchase by Strategy, which now holds 846,842 BTC. This rally reversed recent downward pressure, with Bitcoin gaining 1.8% to $66,468. Although spot Bitcoin ETFs still saw outflows, these withdrawals have lessened compared to previous weeks. Technical analysts note Bitcoin's breakout past key resistance levels, but some caution that such recoveries are unusual late in bear markets, indicating investors are watching closely for confirmation of a market bottom.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
