In an op-ed piece, Nayib Bukele, the president of El Salvador, which in September 2021 became the first country to make Bitcoin legal tender, said that despite claims by mainstream media and rating agencies, his nation is not failing because of its bet on Bitcoin. As you may know, on […]

Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies. Sentiment has been revived mildly in world markets ahead of the release of the crucial PCE data from the U.S. Asian stocks finished on a mixed note. European stocks are trading with […]

Shares of drugstore chain Rite Aid Corporation (RAD) are falling more than 28% Thursday morning after reporting wider loss in the second quarter. The company also cut its full-year outlook for adjusted EBITDA and net loss. Second-quarter net loss was $331.3 million, or $6.07 per share, wider than net loss […]

Shares of Aditxt, Inc. (ADTX) are rising more than 22% Thursday morning after the biotech company said it has regained compliance with the minimum bid price requirement of $1.00 per share for continued listing on the Nasdaq. Aditxt recently completed a 1-for-50 reverse stock split and closed a $20 million […]

Cryptos rebounded more than 2 percent overnight as sentiment mildly improved amidst a surprise bond-buying move by the Bank of England. The easing halted the Dollar’s climb, and the Dollar Index is currently at 113.14 versus the peak of 114.78 on Wednesday. Overall crypto market capitalization rebounded to $943 billion, […]

El Salvador is hosting a conference dubbed “Adopting Bitcoin.” The three-day conference aims to “promote Bitcoin and bring together stakeholders from all sides of the Bitcoin ecosystem to discuss developments related to BTC and its diverse utility factors.” El Salvador, the BTC pioneer, is all set to host a conference […]

Shares of investigative analytics software company Cognyte Software Ltd. (CGNT) are rising more than 7% Wednesday morning despite reporting disappointing quarterly results. Net loss in the second quarter widened to $28.87 million or $0.43 per share from $285000 or breakeven per share in the same quarter a year ago. Revenue […]

New York Attorney General Letitia James has sued cryptocurrency companies Nexo Inc. and Nexo Capital Inc., for failing to register with the state as securities and commodities brokers or dealers and for lying to investors about their registration status. The lawsuit, filed in New York County State Supreme Court, alleges […]

Bitcoin mining becomes even less green as the use of non-renewable energy for mining increases by 13%. Michael Saylor and other Bitcoin enthusiasts insist that Bitcoin’s energy usage is overblown.  The new report raises speculations on what the community ought to do to revert the ugly trend. Bitcoin’s proof-of-work system […]

Shares of Altus Power, Inc. (AMPS) are up more than 8% Tuesday morning. The company today announced its decision to acquire about 97 megawatts (MW) of operating solar assets for approximately $220 million. “Altus Power’s portfolio of solar and storage assets expected to grow to approximately 466 megawatts across 22 […]