Bitcoin price hits 200-week trendline amid record ETF outflows and liquidations
Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000
Business
Investing
Dollar edges higher as investors weigh economic data
The US Dollar strengthened against major currencies on Wednesday, supported by stronger-than-expected economic data and continued uncertainty surrounding negotiations between the United States
Investing
USD/JPY forecast: Japanese yen crashes as traders predict 2 BoJ rate hikes
The Japanese yen continued its downward spiral today as the US dollar rally gained steam, overriding predictions that the BoJ will hike interest
Economy
FTSE 100 drops amid China banking concerns and falling oil prices
The UK’s benchmark FTSE 100 index fell to its lowest level in more than two weeks on Thursday, weighed down by sharp declines
Economy
AI drives 40% of May layoffs as job cuts hit highest level since 2020
Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly citing the technology as a reason for workforce reductions even as
Economy
US jobless claims rise to 225,000, but labour market remains largely resilient
The number of Americans filing new applications for unemployment benefits increased last week, but the overall level of claims remained consistent with a
Economy
HNT price jumps after Noble Mobile acquires Helium Mobile, but risks remain
The price of Helium’s native token, HNT, experienced a sharp short-term rally before quickly retreating, as the market reacted to the acquisition of
Economy
Here’s why Intuitive Machines, Virgin Galactic, Rocket Lab stocks are falling
Top space stocks are in a freefall this week, with Virgin Galactic (NYSE: SPCE) falling to $4.25, its lowest level since May 28.
Economy
Dow jumps 500 points as Broadcom selloff drags Nasdaq lower
US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were
Economy
Standard Chartered’s Kendrick keeps $100,000 Bitcoin call amid crypto turmoil
Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered and one of the cryptocurrency industry’s most outspoken supporters, has reaffirmed his