Bitcoin prices have plunged over 50% from their peak in October 2025, triggering a $2 trillion wipeout in the crypto market. The sell-off intensified after Strategy, led by Michael Saylor, sold 32 bitcoins worth $2.5 million, breaking its 'never sell' policy and sparking fears of further declines. Experts warn that if bitcoin falls below $60,000, it could revisit support levels around $55,000. The market now watches closely for Saylor's next move, as selling more bitcoin or Strategy stock could stabilize the market, while failure to act may prolong the downturn.
This week, investors focus on key events including the May Consumer Price Index report, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO. Inflation data will influence Federal Reserve policy outlook amid strong jobs numb...
SpaceX agreed to buy spectrum licenses from EchoStar for about $19.6 billion, including $11.1 billion in SpaceX shares and up to $8.5 billion to pay down EchoStar's debt. The deal, approved by the FCC and expected to close in November 2027, will prov...
Ethereum's price dropped to nearly $1,600 amid four weeks of ETF outflows totaling $168.2 million, weakening institutional demand and liquidity. Despite this, large holders (whales) have been buying aggressively, with some using borrowed funds, indic...
The Global X Artificial Intelligence & Technology ETF (AIQ) has risen 34% year-to-date and 65% over the past 12 months, outperforming the S&P 500. This growth is fueled by strong earnings and capital expenditure from major AI-related companies like N...
Meta has begun compensating content creators with USDC stablecoin in Colombia and the Philippines, aiming to expand to over 160 countries by late 2026. Creators must set up crypto wallets and handle currency conversion themselves, which adds complexi...
