Bitcoin dropped over 1% below $60,000, influenced by Japan's yen hitting its weakest level against the dollar in 40 years, which boosted the U.S. Dollar Index. Strategy announced a $1 billion stock buyback and a $1.25 billion capital raise involving Bitcoin sales, marking a shift from its previous stance against selling Bitcoin. Market watchers see $58,800 as a key support level; a drop below could lead to further declines toward $55,000-$56,000. Despite retail sell-offs and ETF outflows, Strategy continues to accumulate Bitcoin, though at a slower pace, while overall market sentiment remains cautious.
Mowi ASA has agreed to sell its Canada East salmon farming operations, totaling 9,000 GWT, to Cooke Inc. for CAD 225 million. This divestment aims to streamline Mowi's farming portfolio and concentrate on its main farming areas. The sale is expected ...
Sigenergy has started construction on Phase II of its Nantong Intelligent Energy Center and a new joint venture production facility with Xianghua Hardware Technology. This expansion will increase its manufacturing base to nearly 400,000 square meters...
JPMorgan Chase announced a 10% increase in its dividend alongside a new $50 billion share buyback program. This move follows the bank successfully passing the Federal Reserve's stress test, signaling strong financial health. The dividend hike and buy...
Ethereum's price has dropped nearly 50% year-to-date, approaching a historic third consecutive quarterly loss. Institutional holders like BitMine continue modest ETH accumulation, while US spot Ethereum ETFs face their seventh straight week of redemp...
XRP remains stable around $1.05 after dipping to a 19-month low of $1.01 on June 25, supported by increased buying pressure. The network shows strong growth with a 72% rise in daily active addresses and a surge in new wallet creations, signaling grow...
