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Bitcoin stalls near $63K as US crypto regulation delays and ETF outflows weigh on market.

Market News
16 Aug 2026
Proactive Investors
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Bearish
Bitcoin stalls near $63K as US crypto regulation delays and ETF outflows weigh on market.

Bitcoin's price struggles around $63,000 amid delays in US crypto regulation and significant outflows from US spot Bitcoin ETFs. The US Senate postponed the Digital Asset Market Clarity Act, a key bill aimed at clarifying crypto market rules, pushing progress to September with uncertainty due to upcoming elections. Additionally, the SEC canceled a meeting that was expected to start formal crypto-specific regulatory discussions. These regulatory setbacks, combined with $389.7 million in ETF outflows last week, have dampened investor confidence and limited Bitcoin's recovery after a recent drop from $65,000.

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Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...

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Sandisk enters the S&P 100 as Nike exits the index on the same day.

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Analysts raise bullish targets for ServiceNow despite recent stock volatility.

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Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

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MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

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MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...

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