Bitcoin fell below $80,000 after failing to break past $82,000, with trading volume slowing down. Despite this, institutional investors like Morgan Stanley increased their Bitcoin holdings, with its MSBT Bitcoin ETF purchasing 94.56 BTC worth $7.54 million over four days. Net outflows from exchanges suggest reduced supply, supporting potential price recovery. The overall bullish momentum remains intact, with Bitcoin possibly reclaiming $80,000 and challenging $82,000 again if institutional demand continues.
BCP Technologies completed the UK's first live purchase and settlement of a tokenised US Treasury bill using its sterling stablecoin, tGBP, on the Archax digital asset platform. This transaction demonstrates that regulated digital cash and securities...
Shiba Inu (SHIB) saw a 121.26% increase in exchange outflows, signaling more tokens leaving trading platforms. However, inflows surged even faster by 182.3%, resulting in a positive net flow of 86.53 billion SHIB, which means more tokens are entering...
Rocket Companies is rated a Buy with a target price of around $16.50, suggesting about 19% upside from its recent price of $13.92. The company reported record purchase and refinance market share in Q2 along with its best profitability in four years. ...
The Franklin International Core Dividend Tilt Index ETF (DIVI) has outperformed the EFA benchmark since its strategy update in 2022, offering a 3.46% yield and significant exposure to financials and Japan. While it serves as a cost-effective and liqu...
Calamos Dynamic Convertible and Income Fund (CCD) offers a monthly payout of $0.195, equating to a 9.57% annual yield at its current market price of $24.45. The fund's portfolio is heavily weighted towards convertibles (85%) and technology stocks, ma...
