A popular cryptocurrency analyst who gained a large following on social media after accurately calling Bitcoin’s 2018 bear market bottom above $3,000 has recently suggested the leading cryptocurrency is getting ready to surge above the $30,000 mark. In a newly published video shared on the microblogging platform X (formerly Twitter) […]

Shares of Airbnb, Inc. (ABNB) are rising more than 7% Tuesday morning on the news of it joining the S&P 500 effective September 18. Airbnb operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace model connects hosts and guests online or through […]

Cryptocurrencies traded below the flatline amidst weak economic data from Europe and China that exacerbated the risk-off sentiment and renewed the strength of the U.S. Dollar. The Caixin PMI reading for China’s services sector showed growth at an 8-month low. PMI readings from Europe also disappointed. The Dollar Index or […]

Bitcoin community members are collectively looking forward to a long-term price rally that could send the asset to never-before-seen levels. However, the possibility of a long-term rally depends on a handful of technical and fundamental factors in the market.  A popular analyst took to X, formerly known as Twitter, to […]

Blockchain analytics company Santiment reports a significant surge in on-chain volume for XRP, the cryptocurrency that powers Ripple’s cross-border payments solution. Santiment notes that as of the beginning of September, XRP has recorded its highest on-chain volume since February 1st. This increase is accompanied by a marked rise in development […]

Shares of Elastic N.V. (ESTC), a data analytics company, are rising more than 20% Friday morning after reporting upbeat first-quarter results. The company’s second-quarter as well as full-year outlook came in above the Street view. Elastic posted a net loss of $48.51 million or $0.50 per share for the first […]

Crypto rally triggered by Grayscale Investments securing a favorable court ruling against the SEC fizzled amidst reports of SEC deferring its decision on approval of some Bitcoin Spot ETF applications. Overall crypto market capitalization is currently at $1.05 trillion, versus $1.09 trillion a day earlier. Hopes of an SEC approval […]

Markets traded with cautious optimism ahead of key data releases in the week ahead including Job Openings, PCE-based inflation, non-farm payrolls, unemployment and manufacturing PMI from the U.S., inflation readings from Germany, France and Euro Area, as well as the PMI readings from China. Wall Street Futures are trading flat. […]

In a recent tweet, Luke Mikic, a renowned podcaster and YouTuber, highlighted the distinct differences between the upcoming 2025 Bitcoin bull market and its predecessors in 2017 and 2021. Drawing from his insights and the data available, here’s a deep dive into the three reasons that set the 2025 bull […]

The price of Bitcoin has taken a beating in the past month. The leading cryptocurrency by market cap is down by more than 11% from its price in July and has lost more than $50 billion in market cap since then.  While the price plunge has been painful for investors, […]