Cathie Wood, founder and CEO of American investment management firm Ark Invest has praised Bitcoin and Ethereum, noting that despite suffering sharp price drops following the collapse of FTX, they were both “on the right track.” Speaking in a Monday interview, Wood’s posited that the fact that the technical aspects […]

Cryptocurrencies declined further, early on Thursday with market capitalization dropping to $1.06 trillion, a decrease of 1.7 percent over the previous day. Stubborn inflation in the Euro Area rekindled fears of hawkish central bank action, that dampened sentiment for risky assets including cryptocurrencies. Annual inflation in the Euro Area dropped […]

As Bitcoin fluctuates modestly from its levels of last week, certain on-chain metrics indicate that the next two years could be highly bullish for the largest cryptocurrency by market capitalization, potentially leading to new all-time highs. According to a recent crypto analytics firm CryptoQuant observation, Bitcoin’s current accumulation rate is […]

Cryptocurrencies surged close to one percent in the past 24 hours as risk assets rallied following release of data showing a rebound in manufacturing activity in China. National Bureau of Statistics of China showed a manufacturing PMI reading of 52.6 in February versus previous month’s reading of 50.1 and expectations […]

Shares of cloud-based software for K-12 education provider PowerSchool Holdings, Inc. (PWSC) are falling more than 12% Wednesday morning after the company announced pricing of secondary offering of 8.7 million shares at $21 per share. The sharers are selling by certain stockholders associated with Onex Partners Manager LP and Vista […]

Dentsply Sirona Inc.(XRAY), a maker of dental products and technologies, reported Tuesday that its fourth-quarter net loss was $15 million or $0.07 per share, compared to net income of $119 million or $0.54 per share last year. Adjusted earnings per share were $0.46, compared to $0.83 in 2021. On average, […]

Bitcoin continued to trade flat on Monday after being unable to clear $25,000, with major technical indicators signalling buyer exhaustion.  At press time, the world’s largest cryptocurrency was trading at $23,378, up 0.94% in the past 24 hours. Ether, albeit looking just like Bitcoin, however, experienced a 2.22% spike and […]

In a recent interview, Casey Rodarmor, the creator of the Ordinals project, shared his thoughts about one of the hottest projects in the crypto space. According to a report by George Kaloudis, a senior research analyst and columnist for CoinDesk who recently interviewed Rodarmor, the Bitcoin developer began working on […]

A new report from QCP Capital says central banks in Asia could hold the key for Bitcoin’s price action. All eyes are on the U.S. Federal Reserve, given its historical influence on the asset’s price. Other factors that could sway Bitcoin’s price include U.S. CPI, Mt Gox’s deadline for creditor […]

Legendary billionaire hedge fund manager, the founder and co-chief investment officer of Bridgewater Associates, has recently slammed Bitcoin ($BTC) and other cryptocurrencies as they don’t “replicate anything” and are “not an effective storehold of wealth.” During an interview  with We Study Billionaires, the legendary investor, who has an estimated net […]