BlackRock reported that despite Bitcoin's drop of over 50% from its October 2025 record high to below $60,000 in June 2026, the asset manager's long-term investment thesis remains intact. The decline was attributed to excessive leverage, weaker institutional flows, and reduced buying by digital asset treasury companies, rather than a fundamental change in Bitcoin's monetary or diversification qualities. BlackRock's analysis suggests a small 1-2% Bitcoin allocation can improve portfolio risk-adjusted returns, though it warns Bitcoin remains volatile and speculative. Future market direction depends on ETF flows, futures positioning, and treasury sales.
AMD CEO Lisa Su announced that the company's server revenue is projected to grow by more than 80% in the current half-year period. This growth estimate specifically excludes revenue from AMD's AI accelerator business, highlighting strong demand in ot...
Tamboran Resources is moving toward its first production phase while setting up a paid appraisal platform in the Beetaloo Basin to generate revenue and gather key reservoir data. The company's strong liquidity, recent Falcon acquisition, and large-sc...
Uniswap's total value locked (TVL) on the Robinhood Chain recently surged to $100 million, doubling over the past month. This growth reflects increasing liquidity and capital inflows, strengthening Uniswap's fundamentals despite a weaker market price...
BlackRock's iShares Bitcoin Trust (IBIT) attracted $143.57 million in net inflows in one day, reinforcing its dominance in the US spot Bitcoin ETF market. Since its launch in early 2024, IBIT has captured about 81% of all spot Bitcoin ETF inflows, wi...
The Consumer Staples sector fell 1.46% on Monday, experiencing its worst day of the month. This drop followed a shift from an overbought close to below the 50-day moving average (50-DMA), a pattern not seen since June 2020. The percentage of stocks i...
