Bitcoin fell to around $63,000 following escalating geopolitical risks, including ongoing US military strikes against Iran and President Trump's allegations of Chinese interference in the 2020 US elections. These tensions pushed the US Dollar Index to 100.79 and crude oil prices to $80 per barrel, pressuring risk-sensitive assets like Bitcoin. Despite recent inflation data briefly boosting crypto markets, Bitcoin faced resistance near its 50-month moving average and critical resistance levels. Market analysts predict Bitcoin may rise to $70,000-$72,000 before potentially dropping to new cycle lows near $50,000. BlackRock CEO Larry Fink remains optimistic about cryptocurrency's outlook over the next year.
An analyst initiates coverage of Sandisk with a BUY rating, highlighting the company's exposure to yen costs through its joint venture with Kioxia Holdings in Japan. Although Sandisk does not own its manufacturing fabs, its high margins and cash flow...
Assembly Biosciences maintains a 'Buy' rating due to its advancing drug pipeline and solid cash reserves of $320.4 million, providing financial stability through 2029. Key upcoming catalysts include phase 2 trials for GS-1179 targeting genital herpes...
Institutional investors are showing renewed interest in Bitcoin, with analysts suggesting the market bottom may be near. Despite positive sentiment and regulatory moves by the CFTC and SEC, Bitcoin trading volumes have dropped to multi-year lows, lim...
Cardano's Dijkstra upgrade remains on track, with Phase 1 aiming for mainnet deployment by the end of 2026. This phase includes major features like Linear Leios and Nested Transactions to improve scalability and transaction handling. The second phase...
Michael Saylor's new essay claims Bitcoin is a better form of money than gold or fiat currency because it combines their advantages while minimizing weaknesses. He explains that good money must preserve value over time and be transferable across bord...
