Bitcoin dropped 4.1% from a peak of $81,238 to $77,870 following profit-taking and liquidation of leveraged long positions. Despite this pullback, strong inflows totaling $2.57 billion into US spot Bitcoin ETFs over seven sessions indicate sustained underlying demand. Analysts expect Bitcoin to consolidate between $77,100 and $80,000, with a recovery above $80,000 needed to confirm renewed bullish momentum. Market risks include US policy decisions and rising Treasury yields, which could impact institutional demand going forward.
Hyperliquid's trading volume drives growth in its HYPE token burn mechanism, with weekly protocol revenue reaching $13.48 million and gross fees at $15.11 million. This revenue helped remove 156.58K HYPE tokens worth about $12.42 million, contributin...
Wacker Chemie AG presented its growth strategy during an investor day, highlighting its strong market positions in silicones, polymers, biosolutions, and polysilicon. The company is the global leader or a top player in these specialized chemical mark...
Alibaba's stock fell 18% after missing Q1 earnings expectations, but this selloff is seen as overdone, leading to an upgrade to Strong Buy. The company's AI Cloud revenue surged 45% year-over-year, with expectations to maintain over 40% growth and im...
The US Treasury sanctioned Iranian crypto exchange BitBank and related entities on Sept. 17, accusing them of transferring hundreds of millions of dollars in Bitcoin to Iran's Islamic Revolutionary Guard Corps (IRGC) between June and July. BitBank, i...
Omega Healthcare (OHI) maintains a Buy rating, offering investors a nearly 6% yield and benefits from its position in skilled nursing real estate. The company's upcoming earnings are expected to be slightly better than analyst estimates, with adjuste...
