Bitcoin whales, holding between 100 and 10,000 BTC, have sharply increased their inflows to exchanges like Binance amid June's price decline, realizing over $2.5 billion in losses. Short-term whales alone face about $16 billion in unrealized losses, creating significant psychological pressure and prompting them to sell during minor price recoveries. This behavior suppresses price rebounds and indicates Bitcoin is nearing a critical inflection point in a late-stage bear market, with market volatility likely to flush out weaker holders before patient investors re-enter.
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
