Bitcoin extended its slide today as markets remained jittery in the face of mounting macroeconomic pressures and aggressive selling by large holders. The total crypto market capitalisation shed more than 5% in just 24 hours, dropping close to the $3.6 trillion mark, its lowest level since August. Sentiment took a sharp hit, with the Crypto […]
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Bitcoin mining company Bitfarms Ltd. has upsized its convertible note offering to $500 million as it plans to ramp up investment in artificial intelligence and high-performance computing infrastructure. The North American crypto miner initially proposed raising $300 million through convertible senior notes due in 2031, but expanded the offering to $500 million just a day […]
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Freedom Holding’s senior analyst Egor Tolmachev says Advanced Micro Devices Inc (NASDAQ: AMD) could prove a better investment for long-term investors than rival Nvidia Corp (NASDAQ: NVDA). In an exclusive interview with Invezz, Tolmachev dubbed the post-earnings decline in AMD shares “temporary”, related primarily to “profit-taking” after a more than 200% rally since early April. […]
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Bitcoin price dropped in a correction after falling by over 10% from its all-time high, while most altcoins remained in a bear market after plunging by over 20%. This week will be notable for the crypto market as investors focus on liquidations, potential US-China trade deal, statements by key Federal Reserve officials, potential altcoin ETF […]
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US equities advanced on Wednesday, led by gains in artificial intelligence and semiconductor stocks, as investors digested upbeat economic data and reacted to the Supreme Court’s apparent skepticism toward President Donald Trump’s tariff policies. The renewed optimism helped major indexes recover from the previous session’s sell-off, driven by valuation concerns in the AI sector. Major […]
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US markets fell hard on Friday after President Donald Trump threatened to impose a “massive increase of tariffs on Chinese products,” reigniting investor concerns about a renewed US-China trade conflict. The comments triggered a broad market selloff, erasing early gains and sending major stock indexes sharply lower. Stocks reverse gains as trade tensions resurface The […]
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US stocks surged on Monday, reversing Friday’s steep sell-off, after President Donald Trump reassured markets that trade relations with China “will all be fine.” The Dow Jones Industrial Average rose 500 points, or 1.1%, while the S&P 500 climbed 1.3% and the Nasdaq Composite advanced 1.6%. Technology companies led the gains. AMD and Nvidia both […]
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The crypto market was highly volatile last week as investors reacted to the recent liquidation that cost investors at least $19 billion in a single day. This week will likely be more volatile for the industry as investors react to some notable news. This article highlights some of the best crypto news to watch this […]
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Ripple – the company behind the XRP token – made headlines on Wednesday after securing a $40 billion valuation through a strategic funding round. The said $500 million round was backed by major institutional names, including Citadel Securities, Galaxy Digital, and Brevan Howard. Ripple has expanded aggressively this year into custody, stablecoins, and prime brokerage […]
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US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a broad market sell-off, erasing early […]
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