Seasoned price action trader Justin Bennett sharing his Bitcoin chart, revealed that Bitcoin had formed a descending triangle chart pattern, noting that the price target is $5,000. “Since late May, BTC has formed a descending triangle. The objective of this pattern is $5k. Yes, that. This is probably a worst-case […]

Cryptocurrencies collapsed late on Sunday, declining close to 6 percent in the 24-hour horizon. Market capitalization has been declining in the past week, marked by the release of U.S. CPI numbers for August as well as the much-anticipated Ethereum Merge. Exacerbating the bearish sentiment, the Federal Reserve as well as […]

Anxiety gripped world markets ahead of the Fed’s two-day policy meeting. The Fed is widely believed to continue with its rate hiking spree to combat inflation that has been persistent. While most participants are betting on a 75-basis points hike, a 100-basis points hike also appears not ruled out yet. […]

Shares of Definitive Healthcare Corp. (DH) are down over 60% from their 52-week high of $46.80, recorded last September, and trade around $18. Definitive Healthcare is a provider of healthcare commercial intelligence, i.e., information on healthcare providers and their activities to help customers optimize everything from product development to go-to-market […]

Recently, The Guardian took a closer look at the “Buttcoin” subreddit community, which was created in July 2011 and currently has around 137,000 members. On September 9, The Guardian published a report about the Buttcoin community on the Reddit platform. One post that the report highlighted has the title “I’m […]

Climate activists are now turning towards Bitcoin, urging the network to adopt a sustainable PoS consensus.  Proof of work network is notorious for its extensive energy consumption, using vast amounts of energy to process crypto transactions  After Ethereum’s successful transition towards the proof of stake consensus, several climate activities are […]

On Wednesday (September 14), Michael Saylor, Co-Founder and Executive Chairman of business intelligence software company MicroStrategy Inc. (NASDAQ: MSTR), decided to address some of the “misinformation & propaganda” surrounding the impact of Bitcoin mining on the environment. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it […]

Over the past 24 hours, the price of bitcoin has plunged by over 6% against the US dollar following a disappointing August Consumer Price Index (CPI) report. One question that is undoubtedly in everyone’s mind is whether or not bitcoin has bottomed out. Prominent crypto analyst and researcher Willy Woo […]

Shares of IDEAYA Biosciences, Inc. (IDYA) are rising more than 17% Monday morning at $10.89, after the company announced positive interim results from the Phase 2 study of darovasertib and crizotinib synthetic lethal combination in metastatic uveal melanoma (MUM) patients. The company reported interim data from the study including tumor […]

MicroStrategy, the largest publicly listed Bitcoin holding company in the world, plans to double down on its BTC purchases using proceeds from a $500 million sale of its stock. According to a Friday filing with the U.S. Securities and Exchange Commission, Microstrategy contracted two global investment firms, BTIG and Cowen, […]