Major cryptocurrencies including ether, XRP, and dogecoin fell sharply amid a global tech stock selloff, dragging risk assets lower. Bitcoin dipped near $58,000 before recovering to around $59,888, staying within a historically important $50,000 to $60,000 support zone where buyers typically step in. The selloff is partly driven by large bitcoin holders selling and investor rotation toward AI-related stocks, causing altcoins to weaken faster than bitcoin. Analysts view this as a broad market cooldown rather than a fundamental problem in crypto, with key support at $55,000 and resistance around $61,000 to $62,000.
Stellar Pictures revealed five new Eastern fantasy drama series at the Tencent Video Annual Release Conference, including titles like The Melody of Love and Doomsday Special Affairs Department. The company is focusing on unique storytelling blending ...
XTransfer has signed a Memorandum of Understanding with BBVA to improve cross-border payment infrastructure across Latin America, Europe, and Hong Kong. This partnership aims to leverage technology like APIs and digital platforms to enable more autom...
Veteran auto analyst John Murphy launched Murphy Automotive Partners and its MAPP report forecasting US new car releases through 2031. The report highlights a deep 3-year product drought in the US market, with average vehicle age hitting a record hig...
Murphy Automotive Partners, led by veteran analyst John Murphy, launched MAPP™, a new research platform analyzing US auto product pipelines through 2031. The report highlights a severe short-term product development slump, a shift from pure electric ...
John Murphy, a veteran Wall Street auto analyst, launched Murphy Automotive Partners and its flagship product MAPP™, which forecasts the US vehicle pipeline through 2031. The report highlights a historic low in new model introductions, leading to an ...
