The second quarter of the year was marked by a significant amount of buzz surrounding Bitcoin exchange-traded funds (ETFs). However, despite this excitement, the digital assets landscape as a whole experienced mixed performance. According to a research report by broker Canaccord Genuity, crypto assets lagged behind more traditional assets during this period. This lag can
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Boeing recently announced its decision to acquire Spirit AeroSystems, a struggling fuselage maker, in a deal valued at $8.3 billion. The planemaker emphasized that this acquisition is aimed at enhancing safety and quality control within its production processes. This move comes in the wake of a series of safety incidents, including a fuselage panel blowout
The price of Bitcoin saw a 4% increase in the past 24 hours, reaching $63,259.0 by 00:57 ET (04:57 GMT). Despite this recovery, the sentiment towards Bitcoin and the broader crypto markets remained largely negative. This negativity was fueled by concerns over a potential major liquidation event involving the now defunct exchange Mt Gox distributing
As weak Chinese business activity data took center stage on Monday, most Asian currencies struggled to break out of a tight range. The Chinese yuan remained under pressure, with the USDCNY pair hovering around levels last seen in November. The mixed signals from China’s manufacturing sector, with government PMI data painting a bleak picture while
The recent snap election in France has had a significant impact on the global currency markets, particularly on the euro. The far-right National Rally (RN) party led by Marine Le Pen emerged as the winner in the first round of the parliamentary elections, albeit by a smaller margin than expected. This outcome has led to
France’s recent snap election has sent shockwaves through the political and financial landscape, with the far-right National Rally (RN) emerging as the leading party in the first round. The uncertainty surrounding the final outcome of the election has left investors on edge, bracing for further volatility in the markets. Following the results of the first
In the midst of current market stagnation, MicroStrategy co-founder and chairman Michael Saylor has recently shared a powerful message about Bitcoin. He stated that “Bitcoin expands your universe.” This sentiment comes at a time when Bitcoin’s weekend trading activity has hit a record low, with only 16% of Bitcoin being traded on weekends this year.
Billionaire investor Peter Thiel recently shared his views on Bitcoin, suggesting that the cryptocurrency may have already reached a substantial portion of its potential value. He expressed skepticism about the possibility of significant price increases for Bitcoin in the foreseeable future, indicating that the days of dramatic growth may be over. Thiel’s cautious outlook on
Sonic, the first atomic SVM chain enabling sovereign game economies on Solana, has recently achieved a significant milestone with the launch of its incentivized testnet named “Odyssey.” This testnet has successfully connected over 100,000 wallets and facilitated more than 17 million transactions, setting the stage for a successful mainnet launch in the near future. Backed
Investors are constantly on the lookout for opportunities to bolster their portfolios and increase returns. Dividend-paying stocks have emerged as a popular choice for many, offering a source of consistent income while also potentially providing capital appreciation. However, not all dividend stocks are created equal. To truly benefit from this investment strategy, it is crucial