Bitcoin traded near $62,675, showing a slight 0.1% gain over 24 hours and a 4.03% rise over the week, with a market cap around $1.26 trillion. Traders are watching the weekly 200-day moving average at $62,600 as a critical support level after a rebound from late-June lows near $58,000. Technical signals like a short squeeze and bullish momentum suggest recovery, but weak trading volume limits confirmation of a sustained uptrend. Market sentiment is cautious, with key resistance levels at $63,000 to $65,000 needing to be surpassed for stronger bullish momentum to develop.
Chery Group inaugurated the Rosslyn Plant in South Africa, marking a key step in its global expansion and local market integration. The plant, originally built in 1963, will retain 692 employees and create up to 3,000 supply chain jobs, with producti...
Mercado Libre's Q2 2026 earnings call is expected to reveal sequentially weaker margins and higher net debt as the company intensifies investments in commerce, logistics, and fintech growth initiatives. These aggressive investments aim to improve con...
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have jointly sought public comments on harmonizing portfolio margining rules. This technical alignment aims to improve liquidity in derivatives markets ...
Dogecoin is approaching a weekly Death Cross, a bearish signal where the 50-week moving average falls below the 200-week moving average, for the first time since 2023. Previously, such signals led to price stagnation rather than crashes, but this tim...
Crypto markets ended last week bearish, with Bitcoin down 14% and Ethereum 26.6% in Q2. Spot Bitcoin ETFs experienced $4.51 billion in outflows in June, the worst since their 2024 launch, reflecting weak investor confidence. Despite this, Bitcoin bri...
