Story Highlights U.S. shutdown ends after 40 days, restoring market confidence and halting $85 billion losses. Over 1.6 million federal workers to receive back pay as key data releases resume. Bitcoin eyes $112,000 target as shutdown resolution and cooling inflation spark dual bullish catalysts. After 40 long days of economic uncertainty, the U.S. government shutdown,
As American semiconductor giant Nvidia (NASDAQ: NVDA) gears up for its November 19 Q3 earnings release, the stock is displaying extraordinary strength, likely propelling it toward its $250 record high. In this regard, analysis by charting platform TrendSpider in an X post on November 9 indicated that the stock is showing the “biggest green flag”
Broadridge Financial Solutions (NASDAQ: BR) reported its blockchain-based repo platform processed $385 billion in average daily volumes during October, a 492% jump from the $65 billion recorded in the same month last year. The October figure represents a 13% increase from September’s $339 billion average and puts the Distributed Ledger Repo platform well ahead of
Matrixport analysts noted that the recent Bitcoin rebound back to $105,000 remains to be tested as indicators point to a possible pull-back despite short-term catalysts. Summary Matrixport warns of a limited rebound period for Bitcoin plagued by brief consolidation and possible pullbacks despite short-term catalysts like the potential end of the U.S. government shutdown and
Overleveraged traders were totally unprepared for the cryptocurrency market’s comeback, and none more so than James Wynn, who has once again come to represent the extreme volatility of the industry. After weeks of unrelenting losses, Wynn was liquidated 12 times in the last 12 hours alone, wiping out what little recovery remained in his account.
The cryptocurrency market lit up on Sunday, with social media erupting in cheers as users hoped for new bull runs in bitcoin BTC$106,416.64 and tokens like XRP and DOGE fueled by stimulus checks, following President Donald Trump’s announcement of a tariff dividend for low-income Americans on Truth Social. But the reality, as Treasury Secretary Scott
The bottom of the bitcoin treasury stock bloodbath may finally be in. Jim Chanos, the famed short seller best known for anticipating Enron’s collapse in 2001, said he closed his position on Strategy (MSTR), marking the end of an 11-month short MSTR/long bitcoin BTC$106,415.04 trade. A short position, which involves selling borrowed shares, is a
Bitcoin ended the calendar week with a price resurgance that only intensified as the new one began, and the asset jumped to almost $107,000 for the first time since last Tuesday. Naturally, this explosive month north has harmed certain over-leveraged traders. The popular account going under the name James Wynn made the headlines again by
Block Inc. of Jack Dorsey has made an unprecedented move to mainstream crypto adoption. Beginning November 11, 2025, the company will enable over 4 million merchants with its Square payment system to accept Bitcoin as payment. The implementation is one of the biggest real-life applications of cryptocurrency in international trade. The news was announced by
Bitcoin is showing renewed strength after a volatile week, climbing above $103,000 as two major catalysts dominate the headlines: President Trump’s $2,000 “tariff dividend” plan for U.S. citizens, and Michael Saylor’s cryptic message hinting at another round of Bitcoin accumulation. These developments have revived optimism across the crypto market, reminding investors of the powerful link