Bitcoin Reclaims $60,000 Level After 14% Quarterly Decline
The leading cryptocurrency staged a partial recovery after a difficult quarter marked by record outflows from spot ETFs and concerns over hawkish U.S. monetary policy.
Latest by Sofia Alvarez
Bybit Reports 4.9% Annualized Return on BTC Wealth Funds Amid Product Expansion
Cryptocurrency exchange Bybit announced its Private Wealth Management BTC funds achieved a 4.9% annualized return over 60 days, as the firm broadens its suite of yield-generating products for Bitcoin holders.
Liquid Mercury Completes MiCA Disclosure, Clearing Path for MERC Token in EU
The crypto infrastructure firm has registered its MERC token white paper with European regulators, fulfilling a key requirement under the Markets in Crypto-Assets (MiCA) framework for trading admission across the EU.
MOEX Russia Index Tumbles 2.13% to Three-Year Low on Mining, Energy Weakness
Russia's benchmark stock index closed at its lowest level in three years, dragged down by a broad sell-off concentrated in the mining, oil, and gas sectors. The MOEX Russia Index fell 2.13% as market volatility increased.
Biotechnology Firm Scribe Therapeutics Files for Nasdaq IPO
Scribe Therapeutics has submitted a registration statement for an initial public offering on the Nasdaq Global Market. The biotechnology company plans to trade under the ticker symbol 'SCTX' but has not yet specified the number of shares or price range.
Holtec Nuclear Files for US IPO to Fund Small Modular Reactor Plans
Energy technology firm Holtec Nuclear Corporation has filed for an initial public offering in the U.S., seeking to raise capital for its development of small modular reactors (SMRs). The company plans to list on Nasdaq under the ticker 'HNUC'.
S&P 500 Nears Record High as SK Hynix Debut Fuels Tech Rally Ahead of Earnings
U.S. stocks advanced Friday, driven by a successful Nasdaq listing for chipmaker SK Hynix that renewed optimism in the tech sector as investors brace for the start of the Q2 earnings season.
Tech Giants' AI Spending Spree Prompts Investor Scrutiny on Profitability
Investors are reassessing the near-term outlook for major technology stocks as massive capital expenditures on AI infrastructure threaten to slow earnings growth and limit share buybacks, according to an analysis by ING.
Analyst AI Focus: SpaceX Earns Street-High Target, Salesforce Downgraded on Product Feedback
Wall Street analysts issued divergent calls on key AI-related stocks this week, with Raymond James initiating SpaceX at a Street-high price target while Bernstein downgraded Salesforce due to weak feedback on its AI product.