Bitcoin's price is navigating a complex environment, with investors weighing recent outflows from U.S. spot ETFs against positive developments in corporate treasury strategies and potential long-term technological integration.
The EOS cryptocurrency experienced its largest single-day percentage drop since July 4, falling over 15% while major assets like Bitcoin and Ethereum posted modest gains.
Crypto derivatives exchange Deribit and trading software firm SignalPlus have launched 'The Island,' a 35-day trading competition with a prize pool of up to $600,000 USDC. The event aims to boost trading volume in options and futures among sophisticated retail traders.
The leading cryptocurrency gained nearly 2% on Thursday, rebounding alongside broader risk assets after U.S. President Donald Trump's comments suggested a de-escalation of conflict with Iran, causing oil prices to fall.
Morgan Stanley reiterated its Overweight rating on Xiaomi, projecting the company will be a major beneficiary of China's growing AI home appliance market, which is forecast to reach $150 billion by 2030.
Ford Motor and the Canadian auto union Unifor have secured a tentative three-year labor contract covering over 5,000 workers. The deal, which sets a potential pattern for negotiations with GM and Stellantis, now awaits ratification by union members.
A new report from Goldman Sachs warns that potential Federal Reserve rate hikes, driven by inflation data, could weigh on equity markets despite an outlook for solid corporate earnings.
Gold recovered from a one-week low, gaining over 1% as a softer U.S. dollar and falling crude oil prices eased inflation concerns. The rebound came after comments from U.S. President Donald Trump helped de-escalate recent military tensions with Iran.
The U.S. House of Representatives is scheduled to vote next week on the Sunshine Protection Act, a bill that would end the biannual clock change. The measure has strong bipartisan support but faces hurdles and opposition over concerns about dark winter mornings.
