Dutch cryptocurrency platform Knaken has been declared bankrupt after it was revealed that there is a €7 million shortfall in customer funds. This shortfall means that the platform cannot cover all customer deposits, raising concerns about the security of crypto investments on such platforms. The bankruptcy highlights risks in the crypto market and may lead to legal proceedings to recover lost funds for customers. Investors should be cautious and monitor developments closely.
Bitcoin has surged to an eight-month high above $85,000, breaking through the key resistance zone of $82,000–$83,000 that had capped previous rebounds. This rally is supported by renewed institutional demand for U.S. spot Bitcoin ETFs, with significa...
Axon reported a strong 35% year-over-year revenue growth in Q2 FY26 and raised its 2024 revenue guidance to 32-34%, driven by robust software momentum. The company issued a $1 billion 0% convertible note with minimal dilution risk, as dilution is cap...
Critical Metals surged over 25% in pre-market trading following positive developments around its Tanbreez rare earth project in Greenland. The US-Denmark-Greenland security agreement is seen as favorable for Western-backed mining, enhancing the strat...
Bitcoin surged to about $85,117, extending its recovery by roughly 30% since August 19, driven partly by a 2% drop in Brent crude oil prices to around $102 a barrel. The decline in oil prices has eased inflation concerns and lowered U.S. Treasury yie...
XRP surged 5.62% to $1.4895, breaking above a descending trendline that capped rallies since August, supported by a strong $1.00 floor and reclaiming its 200-day EMA. This move coincided with Bitcoin's rise past $84,000, reflecting a broad market ral...
