Gold (XAU) has had a remarkable run this year, standing out among major assets, including bitcoin BTC$113,019.48. But it’s not just gold – its precious counterparts silver, platinum, and palladium have also enjoyed strong gains, outperforming BTC. While gold’s price has surged by 44% to a record $3,784, silver has gained 53% to $44.32 per … Read more
Bitcoin’s (BTC) offshoot bitcoin cash BCH$642.83 has rallied 7% to $647 in the past 24 hours, revisiting valuations last seen in April 2024, according to data source CoinDesk. The rally follows a period of extreme bearish market sentiment for the token, according to data tracking platform Santiment. “Historically, prices move in the opposite direction of … Read more
The big upside action in major cryptos of late has been in altcoins such as solana SOL$240.07 and dogecoin DOGE$0.2736, with SOL sporting a 17% gain over the past seven days and DOGE a 25% advance. Among the bullish arguments are coming ETFs and newly-formed crypto treasury companies focusing on those two tokens. Mostly forgotten … Read more
Japan’s benchmark 10-year government bond (JGB) yield rose to a 17-year high, reflecting concerns that could spill over to bond markets across other developed economies and reduce demand for riskier assets such as cryptocurrencies and equities. The yield rose above 1.61%, the highest since 2008. The move follows a dismal auction of the 20-year JGB … Read more
Corporate America’s fears of a looming economic recession have evaporated as quickly as they emerged early this year. The number of S&P 500 companies that mentioned the word “recession” during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to data source FactSet. A recession is … Read more
Ether (ETH) jumped to $4,200 on Binance early Saturday, its highest since December 2021, after a two-day rally fueled by heavy trading and $207 million in short liquidations. The move followed Friday’s breakout above $4,000 for the first time since December 2024, a technical milestone that drew in fresh buying and set the stage for … Read more
Bitcoin (BTC) miners enjoyed another strong month in July, with profitability reaching the highest level since the last halving event, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Bitcoin miners earned an average of $57,400 per EH/s in daily block reward revenue in July, up 4% from June, representing the highest level … Read more
Cyberpunk 2077 has hit its highest concurrent player count on Steam, since January 2021. As per the unaffiliated database SteamDB, CD Projekt Red’s latest made a comeback with 85,000+ active users on the platform, as of Monday. At launch — December 2020 — the game had over a million concurrent players, which soon fell off, … Read more
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. The U.S. Securities and Exchange Commission approved 11 spot bitcoin ETFs this week, including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, … Read more
India’s smartphone market experienced a 5.5 percent year-over-year (YoY) decline in shipments in Q1 2025, as per a new report by International Data Corporation (IDC). This downturn is attributed to weak consumer demand and surplus inventory from the previous quarter. Despite the overall market contraction, Apple stood out with the highest 23 YoY increase in … Read more