CryptoQuant CEO Ki Young Ju announced that the Bitcoin bear market is over, citing a proprietary profitability index that recently crossed a critical threshold. This same signal preceded Bitcoin's massive rally from $16,000 to over $73,000 in 2023. Bitcoin has recently surged past $79,000, supported by $1.92 billion in net inflows into US spot Bitcoin ETFs, indicating strong institutional interest. While this signal suggests a bullish trend, analysts caution that confirmation requires Bitcoin to maintain price levels above key cost bases to avoid potential sell-offs.
Prudential PLC reaffirmed its full-year 2026 growth targets after reporting slower first-half results, with new business profit rising 8% at constant exchange rates, in line with market expectations. JP Morgan highlighted that while new business prof...
3i Group increased its stake in retail business Action by issuing 21 million new shares valued at £660 million, prompting Deutsche Bank to raise its price target from 3,527p to 3,570p and maintain a 'buy' rating. The new shares, subject to a nine-mon...
Metaplanet transferred 1,350 Bitcoin worth about $108 million to Coinbase Prime, maintaining its total holdings at 43,000 BTC valued near $3.48 billion. This move, seen as operational rather than a sale, highlights the company's ongoing Bitcoin accum...
Cryptocurrency prices are fluctuating with Bitcoin trading near $79,621 and Ethereum around $2,505. Other coins like Solana and Zcash show gains, while some like Dogecoin and Litecoin experience declines. These mixed movements reflect ongoing market ...
BRC Group Holdings announced it will fully redeem $142.1 million of its 6.50% Senior Notes due 2026 on September 29, 2026. The redemption price will be 100% of the principal plus accrued interest up to but excluding the redemption date. Following red...
