Bitcoin's price recovered to around $64,000 following reports of draft proposals exchanged between the US and Iran, mediated by Qatar, Pakistan, and Oman. These diplomatic efforts aim to ease tensions around the Strait of Hormuz, a critical route for global oil shipments, which has influenced market sentiment and helped reduce oil prices. Bitcoin faces resistance near $65,000, with support around $63,500; its next move depends on both technical factors and progress in the negotiations. The situation remains uncertain as no final agreement or timeline has been confirmed by mediators or involved parties.
PetroChina reported a 22% year-over-year increase in net income for the first half of 2026, driven by strong performance in its upstream and natural gas segments due to higher oil prices and cost optimization. The company expects continued profit gro...
The iShares Copper and Metals Mining ETF (ICOP) is rated a Buy amid copper's ongoing multidecade bull market, driven by strong technical and fundamental factors. In 2026, ICOP outperformed copper futures with a 29.3% gain year-to-date, compared to co...
Bitcoin is trading near $77,000-$79,000 amid rising Japanese government bond yields and a strong yen rally. Japan's 10-year bond yield reached 3% for the first time since 1996, pushing borrowing costs higher and triggering concerns over a $500 billio...
Concerns about circular financing in the AI sector are exaggerated, as such practices are common and serve as risk mitigation in mature industries. The AI industry's higher scrutiny is due to its immaturity and concentrated risks, not the novelty of ...
Bitcoin has surged from the low $60,000s to over $80,000, driven by concerns over US fiscal sustainability and Treasury debt. Investors are increasingly viewing Bitcoin as a store of value similar to gold, using it as a hedge against currency debasem...
