Cryptocurrencies declined a little less than a percent over the past 24 hours even as market euphoria that followed the Ripple Labs verdict fizzled. Overall crypto market capitalization has fallen to $1.21 trillion, from $1.22 trillion a day earlier. Bitcoin (BTC), the leading cryptocurrency has shed 0.10 percent overnight to […]

Shares of Black Knight, Inc. (BKI), a software, data, and analytics solutions provider, are rising more than 13% Monday morning after announcing its decision to sell the company’s Optimal Blue business to Constellation Software Inc. for $700 million. The sale is in connection with the agreement between ICE and Black Knight to get regulatory nod […]

Market sentiment remained lackluster amidst weak growth readings from China. Market focus has also shifted to the earnings season and the health of the corporate sector. European benchmarks are trading lower amidst a weakness in the oil and metal sectors. Wall Street Futures are also trading with mild losses. Asian […]

JPMorgan Chase (JPM) reported Friday that its second-quarter net income climbed 67 percent to $14.47 billion from last year’s $8.65 billion. Earnings per share grew 72 percent to $4.75 from $2.76 a year ago. Net income attributable to First Republic was $2.4 billion in the quarter. Excluding First Republic, net […]

Positive surprises in the inflation readings from the U.S. supported market sentiment across regions and asset classes. Though markets still expect a rate hike in the ensuing Fed review, hopes of a pause and even a pivot have strengthened with the recent release. Cryptocurrencies are however trading with losses. European […]

The United States government has once again moved Bitcoin tied to Silk Road, the now-shuttered darknet marketplace. Two wallets belonging to the U.S. Justice Department moved over $300 million worth of Bitcoin to two new addresses on Wednesday morning. The transfer was conducted in three different transactions, as shown by […]

Shares of Tandem Diabetes Care, Inc. (TNDM), an insulin delivery and diabetes technology company, are rising more than 7% Tuesday morning after the company said it received clearance from the FDA for its Tandem Mobi insulin pump for people aged 6 and more. The Tandem Mobi, which can be fully […]

The share price of software firm Microstrategy increased by 7% following a recent projection by Berenberg.  The investment bank believes that next year’s Bitcoin halving could trigger a rally in Microstategy’s stock (MSTR).  Berenburg’s current MSTR price target is $430, which would be an 18-month high. Hamburg-based Berenberg Capital Markets […]

During his latest interview, Jay Clayton voiced his openness to a spot bitcoin exchange-traded fund (ETF). The former Securities and Exchange Commission chairman noted that he was doubtful about trading in the BTC market during his time in office. However, he admitted that the emergence of reputable institutions in the […]

According to data from Glassnode, the Bitcoin network has seen an upsurge in the amount of Bitcoin held by market players. Notably, this uptrend was spotted amongst Bitcoin holders in the United States. Glassnode asserted that the new development was triggered by BlackRock’s recent announcement concerning its spot Bitcoin ETF […]