CoinGlass's Altcoin Season Index has climbed to 58, indicating increasing capital flow from Bitcoin to altcoins, though not yet confirming a full altcoin season which requires a reading above 75. Bitcoin dominance has fluctuated between 54% and 58%, showing some volatility as altcoins gain market share, especially in yield-bearing tokens and the Solana ecosystem. Institutional interest in altcoins like Ether, Solana, and XRP is rising, but the rotation is selective rather than broad-based. The market awaits further Bitcoin dominance decline to confirm a genuine altcoin season.
Over the past six months, Costco's stock has fallen by 10%, contrasting with the S&P 500's 17% gain. This decline has sparked debate on whether Costco's shares, now trading under $900, represent a buying opportunity. Investors are weighing if the pri...
The New York Stock Exchange (NYSE) provides a daily pre-market update from the trading floor, offering investors early market insights. NYSE Texas released a white paper titled 'NYSE Texas and the Reshaping of U.S. Capital Markets,' emphasizing its r...
Crypto exchange OKX secured new funding at a $25 billion valuation, unchanged since March, with investors including Circle, Ripple, Standard Chartered's SC Ventures, and Qube Research & Technologies. The funding aims to strengthen OKX's market infras...
Flexcompute is collaborating with Starlab Space and Voyager Technologies to simulate cabin airflow inside Starlab, a commercial space station set to succeed the ISS. Using GPU-native CFD tools, Flexcompute modeled airflow and carbon dioxide circulati...
Expedia's shares fell over 20% even though the company reported a 14% increase in Q2 sales and a 23% rise in adjusted EBITDA. Management also raised its future guidance, supported by strong B2B bookings exceeding $10 billion and international growth....
