Bitcoin surged to $79.2k but was rejected near a key resistance zone around $80k, with defensive trading seen in options data as investors sold upside calls and bought downside protection. Despite the rally, demand metrics remain weak, suggesting cautious investor sentiment and potential for a price drop toward $50k later this year. Analysts highlight a possible short squeeze near $82k, but advise selling now and buying at lower long-term price levels for better entry points.
The JPMorgan BetaBuilders US Equity ETF (BBUS) received a hold rating amid volatile macroeconomic conditions and high valuations, especially in tech and communication sectors which make up a large part of its portfolio. Despite its low expense ratio ...
Bitcoin faces pressure even as the U.S. Dollar Index weakens and rate hike bets fade, due to record outflows from spot Bitcoin ETFs totaling $4.0 to $4.5 billion in June. A softer dollar typically supports Bitcoin by improving global purchasing power...
Imugene Ltd announced a second complete response in its Phase 1b azer-cel trial targeting patients with mantle cell lymphoma (MCL) who had failed prior BTKi therapy. The patient showed complete tumor shrinkage by Day 28, earlier than expected, highli...
Revolut will remove Tether's USDT stablecoin from its platform by August 31, 2026, disabling purchases from July 6. This move aligns with regulatory and risk considerations under the EU's new Markets in Crypto-Assets (MiCA) rules, which have led othe...
XRP price has rebounded to around $1.145, showing a 4% gain in 24 hours, after forming a double bottom near $1.05 and $1.0092, which suggests sellers may be losing control. The key level to watch is the $1.28 to $1.29 neckline; a daily close above th...
