EOS Plunges Over 15% in Sharp Sell-Off, Underperforming Major Cryptocurrencies
The EOS cryptocurrency fell more than 15% on Saturday, marking its most significant single-day percentage loss since July 4, even as Bitcoin and Ethereum recorded gains.
Latest by Marcus Chen
Cardano (ADA) Jumps Nearly 11%, Marking Largest Daily Gain Since February
Cardano's native token, ADA, surged by nearly 11% on Friday, its best single-day performance in months, amid a broader positive trend in the cryptocurrency market. The move pushed its market capitalization back above $6.3 billion.
Bitcoin Holds Above $62K as Market Weighs ETF Outflows Against Corporate Adoption
Bitcoin's price is navigating mixed market signals, with recent outflows from U.S. spot ETFs being weighed against strong corporate interest and potential future applications in artificial intelligence.
Cardano Surges Over 12% in Largest Daily Gain Since February
Cardano (ADA) experienced its most significant single-day percentage increase since late February, pushing its market capitalization above $7 billion amid a broader, but more modest, uptrend in the cryptocurrency market.
Strategy Reports $8.32B Quarterly Bitcoin Loss, Sells Holdings to Fund Dividends
The enterprise software firm disclosed a significant unrealized loss on its digital asset holdings for the second quarter and has sold over 3,500 bitcoin to cover preferred stock distributions and add to its cash reserves.
Deribit and SignalPlus Launch $600,000 Crypto Derivatives Trading Competition
Crypto derivatives exchange Deribit and trading software provider SignalPlus have announced their largest joint trading competition to date, offering a prize pool of up to $600,000 USDC to drive volume in options and futures.
Bitcoin Slips Below $63,000 as U.S.-Iran Tensions Spike Risk-Off Sentiment
The price of Bitcoin fell over 2% amid a broader market move away from risk assets after the U.S. and Iran exchanged military strikes. Uncertainty from the Federal Reserve's latest meeting minutes also weighed on investor sentiment.
Bitcoin Holds Steady Above $64,000 as Market Digests Geopolitical and Regulatory News
The world's largest cryptocurrency showed resilience over the weekend, trading steadily around $64,000 as investors weighed reassurances over the Strait of Hormuz against ongoing regulatory and technical debates.
Corporate AI Adoption Yields Measurable Financial Gains, Morgan Stanley Finds
A Morgan Stanley report shows a growing number of U.S. companies are moving beyond AI hype to report quantifiable revenue growth, cost savings, and productivity improvements from the technology.