Bitcoin's market dominance has increased even as its price dropped to around $63,000, signaling investors are favoring Bitcoin over riskier altcoins during uncertain times. Morgan Stanley's recent purchase of over $270 million in Bitcoin supports the trend of institutional confidence in Bitcoin as a safer asset. However, more than half of Bitcoin's supply is currently held at a loss, a condition often seen near major market bottoms, suggesting potential for further price pressure. For Bitcoin to strengthen its position, it needs to reclaim and hold key resistance levels around $64,000.
Canada's Alberta Investment Management Corp (AIMCo) bought $25 million worth of shares in Circle Internet Group, signaling ongoing institutional demand for exposure to Circle's USDC stablecoin despite cautious analyst views. Circle shares trade well ...
Worthington Steel is reaffirmed as a 'buy' following its $2.4 billion acquisition of Kloeckner, which expands its footprint across North America and offers significant growth opportunities. The company's Q3 2026 revenue grew 12%, mainly due to price ...
BlackRock Asset Management Canada announced changes to the risk levels of certain iShares ETFs effective June 19, 2026. The iShares India Index ETF and iShares 20+ Year U.S. Treasury Bond Index ETF (in CAD) have their risk levels lowered from medium-...
Sonic Labs saw a 5% drop in its S token after founders Andre Cronje, Michael Kong, and David Richardson resigned from the board. The token has lost about 97% of its value from its all-time high, with total value locked (TVL) plummeting from over $1 b...
XRP's active network addresses halved from 50,000 to 25,000 in two weeks, signaling reduced user engagement amid price struggles near $1.13. Despite this, the Network Value to Transaction (NVT) ratio improved, indicating better transaction efficiency...
