Bitcoin (BTC) fell into bear market territory after a sharp sell-off overnight, while Michael Saylor framed the decline as a temporary rotation of capital towards AI rather than a loss of confidence in the asset. summary Bitcoin has fallen into…
Press releases are sponsored content and are not part of Finbold’s editorial content. For full disclaimer, please. Cryptoassets/products can be very risky. Never invest unless you are prepared to lose all the money you have invested. Kingston, St. Vincent and…
A heavy wave of US Treasury issuances, a $250 billion IPO pipeline, and a shift in big tech money toward AI spending are among the pressures that Jamie Coates says could keep markets tight for longer. the Real vision The…
short Bitcoin fell 17% from just under $74,000 on Monday to an intraday low of $61,556 on Thursday, resulting in a total cryptocurrency liquidations of $4.47 billion during the period. Data from derivatives and options markets show weak demand and…
Hedge fund veteran Dan Ives believes one Mag 7 technology stock is undervalued and will soon post massive gains. In a new interview with CNBC, Ives He says Microsoft (MSFT) could rise more than 30% from its current value as…
PetgateThe world’s largest exchange (UEX) has added 15 tokenized stocks and ETFs as eligible margin assets under its unified trading account and multi-asset mode for USDT-M futures. As of June 4 (UTC+8), users can leverage select stocks and ETFs as…
Key points CXApp shares rose 33% after hours on Wednesday following the EngineRoom acquisition announcement The acquisition totals $4.6 million, consisting of 65% cash, 25% performance-based earnings, and 10% escrow. CXAI expects its annual revenue run rate to triple from…
Jenny Johnson, CEO of Franklin Templeton, has a straightforward explanation for why major financial institutions have been slow to adopt public blockchain technology: The technology is destroying their fee-based revenue streams. Speaking at the Proof of Talk summit in Paris,…
Could the valuation drop below $50k in the short term? The largest cryptocurrency by market cap has fallen recently, with its price recording another significant decline over the past 24 hours. Many analysts believe that valuation could reach new lows…
Market overview The cryptocurrency’s market capitalization has lost another 3.5% in the past 24 hours in a sharp sell-off that began this month. During this period, the market cap fell to $2.22 trillion, and at its lowest point early in…
