Bitcoin (BTC) gained at Friday’s Wall Street open as a fresh US inflation surprise boosted the mood. Key points: Bitcoin price action heads toward key resistance after US CPI inflation data cools beyond expectations. Crypto becomes a standout on the day as macro assets see a cool reaction to slowing inflation. Traders stay wary on…
Dogecoin plunged nearly 8% after its most important support level collapsed, triggering a high-volume liquidation wave that overshadowed muted ETF inflows and sent the memecoin toward new monthly lows. • DOGE ETFs from Grayscale and Bitwise generated only $2.16M in first-week inflows• ETF launch was expected to attract institutional attention but demand fell far short•…
Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 7% in extended trading. Cloud growth slowed in the fiscal second quarter , and the software giant gave light guidance for operating margin in the fiscal third quarter. Adjusted earnings came out at $4.14 per share, higher than consensus expectations…
NEW DELHI: The price of the Indian oil basket fell below $100 a barrel on Friday for the first time since March 6, as global crude prices cooled by 11% over the past week amid reports that the US and Iran may have reached a deal and that Strait of Hormuz could soon reopen for…
Miami voters have elected Democrat Eileen Higgins as the city’s first female mayor and the first Democrat to hold the office in nearly three decades. In Tuesday’s runoff, Higgins, a former county commissioner, defeated Republican Emilio González, a former city manager backed by former President Donald Trump and Florida Governor Ron DeSantis.“Together, we turned the…
PM Modi and Bengal CM Mamata Banerjee (R) NEW DELHI: Will West Bengal once again subscribe to Mamata Banerjee’s pitch and emotional appeal built around the formula of ‘maa, mati, manush’? The ever-resilient and energised Bharatiya Janata Party in the state is eyeing her seat of power, hoping to breach the walls of the Bengal…
Retail traders leaned on their 2025 playbook and bought the dip this week as market volatility surged. Stocks posted their worst day since October on Tuesday after President Trump threatened to take over Greenland and announced tariffs on eight European nations that opposed him. But the market rebounded on Wednesday after Trump announced a “framework”…
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