Bitcoin

Bitcoin
Bitcoin

BNB dips below $600 as weak ETF demand and bearish derivatives pressure mount

BNB (formerly Binance Coin) continued its downward trend on Friday, trading below $575 and posting losses of nearly 4% over the week.  The token remains under pressure as weak institutional participation, rising short positioning, and declining futures activity reinforce a bearish short-term outlook.  Technically, BNB is now approaching a key support zone near $570, with

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Bitcoin

US dollar extends rally as geopolitical tensions weigh on markets

The US Dollar strengthened further on Friday, building on its weekly gains against major currencies as investors remained cautious amid growing geopolitical uncertainty in the Middle East. With US financial markets closed for the Juneteenth holiday and limited economic data on the calendar, market participants focused on developments surrounding US-Iran relations and comments from central

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Real Finance unveils ‘REAL Competition’ with $20,000 in rewards

Real Finance has announced the launch of the REAL Competition, a community rewards campaign aimed at encouraging participation across the $ASSET ecosystem. The competition will offer up to $20,000 in USDC rewards to top participants, along with an additional raffle prize pool that gives more community members a chance to win. The competition features a

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Amazon achieves water positive status in India amid data centre scrutiny

Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment

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WhiteBIT EU secures MiCA license in Austria

WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA).  The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a

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Micron earnings to test AI chip demand as investors eye market rally

Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the

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UK markets cautious as political and geopolitical risks mount

UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE

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Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI

Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.

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Mukesh Ambani reveals Jio listing plans amid record Reliance earnings

Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one of India’s largest initial public offerings, while also outlining ambitious expansion plans across artificial intelligence, retail, and new energy. The proposed listing aimed at unlocking

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Ethereum price drops below $3,000 as funding rates turn negative

Ethereum’s Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin.  The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term.  Ether’s funding rates flip negative Ether has dropped below $3k after

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