Bitcoin dropped below $60,000 in June 2026, its lowest since late 2024, driven by retail traders exiting, $6.4 billion ETF outflows, and Strategy's first Bitcoin sale since 2022. The sell-off was fueled by the Federal Reserve's hawkish interest rate stance, a shift in investor focus to AI and tech stocks, and Strategy's symbolic Bitcoin sale. Long-term holders realized $2.4 billion in losses but their capitulation may signal a market bottom. Indicators suggest selling pressure is easing, with attention now on ETF flows, Fed policy, and whether Strategy's sale is a one-time event or start of broader selling.
Bitcoin traded just below $78,800 amid rising Treasury yields and expectations of another Fed rate hike. Technical analysis shows Bitcoin must defend support between $75,500 and $76,000 before attempting to break resistance near $82,000. A two-week c...
Lemonade has launched its renters insurance in Kentucky, offering fast, affordable coverage starting at $5 per month. The app-based service allows renters to get quotes, buy policies, update coverage, and file claims easily, with about 40% of claims ...
Adobe's stock has risen 30% since a 2026 buy rating issued a few months ago, showing strong performance. However, the analyst advises caution due to the broader market's high valuations and potential correlation with major indexes like Nasdaq and S&P...
Strive Inc. has purchased an additional 1,375 Bitcoin, increasing its total holdings to 24,532 BTC, marking a 225% increase in 2026. This makes Strive the fifth-largest publicly traded corporate Bitcoin holder. The company funds its Bitcoin acquisiti...
AMD introduced a new workstation-class system featuring the Gorgon Halo processor and 192 GB unified memory, capable of running AI models with up to 300 billion parameters on a desktop. This development targets sectors like defense, healthcare, banki...
