Bitcoin and altcoins initially fell but surged after the August Consumer Price Index data showed inflation rising moderately, with core CPI slightly above expectations. This boosted the odds of a Federal Reserve rate hike at the September meeting to about 88%, influencing market sentiment. Bitcoin neared $80,000 but faced resistance from sellers, creating a price ceiling. Despite geopolitical tensions and inflation concerns, crypto markets remain resilient, though upcoming Fed decisions and energy price shocks could impact future trends.
Jacob Dewitte, CEO of Oklo, sold 120,000 shares of the company, generating $4.6 million from the transaction. This significant sale may indicate a strategic move by the CEO or a personal financial decision. Investors will watch closely for any impact...
Larry Ellison, Oracle's controlling shareholder, canceled a planned $7.5 billion stock sale, signaling his confidence in the company's future amid strong AI cloud growth. The cancellation removes selling pressure as Oracle's stock had fallen about 16...
XRP's price is consolidating within a tightening descending triangle pattern on the hourly chart, squeezing into a narrow $1.34–$1.36 range. This setup suggests a potential breakout soon, targeting a 20% rise to around $1.60 if key resistance levels ...
Medtronic and Abbott are both strong dividend-paying medical device companies, but Medtronic currently offers a higher dividend yield of 3.11% and stronger near-term growth prospects, including accelerating revenue and a planned diabetes business sep...
Chainflip suffered a loss of 736,442.17 USDT due to six unauthorized payouts after an attacker exploited a flaw in how it processes TRON transaction memos. The attacker repeated the exploit eight times within 90 minutes, causing duplicate payouts. Ch...
