Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH). The St. Petersburg, Florida-based company also bought $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether ETH$1,965.77 treasury firm Bitmine Immersion Technologies…
BENGALURU: Bengaluru-based space start-up GalaxEye has signed a channel partnership agreement with Space PSU NewSpace India Limited (Nsil), marking the first time the State-owned company has partnered with a domestic private player to distribute satellite data.Under the agreement, Nsil will resell high-resolution OptoSAR data generated by GalaxEye’s own satellites. GalaxEye’s upcoming spacecraft will be folded…
As speculation over a new version of the DeepSeek AI model grows, several other Chinese tech companies have released their own generative artificial intelligence models in the past few weeks. They range from Alibaba’s Qwen 3.5 to ByteDance’s video-generating Seedance 2.0. But what’s caught the eye of AI users — and UBS stock analysts —…
Artificial intelligence-focused stocks are coming under pressure on Friday, dragging tech-related equities and bitcoin BTC$90,238.80 lower during the early U.S. session. Chipmaker Broadcom (AVGO), the ninth largest asset by market cap, tumbled 10% despite strong earnings as its outlook disappointed investors’ lofty expectations. The Nasdaq index was down over 1% in the first hour of…
Bitwise contends that the crypto industry’s obsession with timing a market bottom overlooks a historical pattern where peak investor anxiety often signals the start of a recovery. Having navigated the 2018 and 2022 winters, the crypto asset manager suggested the current “anxious feeling” in the market is a trailing indicator of historical recovery zones. Bitwise…
NEW DELHI: For decades, the SC has lamented the erosion of public faith in judiciary because of the slow pace of justice delivery, especially for common citizens. This week, it closed a corruption case that had dragged on for nearly 32 years – six years in trial court, 14 years in HC and 11 years…
Bitcoin whales began repeating a classic bull signal as they took BTC long positions off the table after a year of declining overall market exposure. Bitcoin (BTC) whales are “aggressively” reducing long exposure as a classic bull signal reappears. Key points: Bitfinex whales are rotating out of BTC long positions — something that preceded major…
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The crypto market’s movements are influenced by expectations of Federal Reserve rate cuts and a rally in global government bonds. Source link
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