Bitcoin surged close to $80,000 after a rapid $15,000 gain in two days but then pulled back to around $77,325, raising concerns of a price correction. Large Bitcoin holders, or whales, sold significant amounts near resistance levels, adding supply and pressuring the price. Technical indicators like the RSI and the Fear and Greed Index show the market is overbought and greedy, which could lead to a pullback. Support is expected between $75,000 and $76,000, while sustained ETF inflows and institutional demand might help absorb selling pressure and prevent a deeper drop.
Nvidia has surpassed Apple in the holdings of every S&P 500 index fund, reflecting a significant change in investment trends within these funds. This shift highlights growing investor confidence in Nvidia's growth potential and the tech sector's evol...
Nvidia Corporation is considered undervalued before its Q2 FY27 earnings report, with market fears viewed as excessive and consensus estimates too conservative. A key growth driver is its exclusive partnership with SpaceX, aiming to build a 10 GW dat...
US spot Bitcoin ETFs attracted $1.92 billion in net inflows during the week ending August 22, marking their strongest week since October 2025. This surge coincided with Bitcoin's price rising about 25%, nearing $80,000. BlackRock's IBIT led inflows, ...
XRP has surged nearly 60% in a week, reaching a three-month high and sparking bullish sentiment among traders on Kalshi. These traders now predict XRP will hit $1.70 before the end of August, supported by the recent price breakout to $1.69. Although ...
AST SpaceMobile has a $1.3 billion contracted backlog, lowering its enterprise value to sales ratio to 15.93x amid recent market declines. The company leverages wholesale partnerships with mobile network operators to access over 3 billion users, redu...
