Adding to the shocking downward jobs growth revisions on Friday — which sent crypto prices tumbling — the ISM Services PMI all of a sudden is beginning to consistently indicate softer-than-though economic activity. The ISM Services for July came in at 50.1, sizably lower than the 51.5 expected. A number above 50 indicates economic expansion,
Imagine you’re a bitcoin BTC$112,795.40 bull, confident prices will rally, but anticipating a pullback first. Like many people, however, you are not adept at perfectly timing such market entries and feel you may miss the optimal moment to load up on bullish exposure. For traders facing this common predicament, a structured product known as a
A modestly hot name since obtaining a U.S. listing on the Nasdaq a few months back, Galaxy Digital (GLXY) is seeing some selling after posting second quarter earnings on Tuesday morning. Global Markets revenue rose 28% quarter-over-quarter to $55.4 million despite a 22% decline in trading volumes, as Galaxy outperformed broader market trends, said brokerage
Bitcoin has already surpassed the $100,000 milestone in 2025, and the momentum suggests there may be room for further gains before the year ends. The key question now is whether BTC can advance toward $135,000, $150,000, or even reach the highly optimistic $200,000 level. Let’s examine the primary drivers behind the recent rally and the
India’s IT education firm, Jetking Infotrain, has made an astonishing move, positioning itself at the forefront of the nation’s digital asset landscape. The company recently announced its groundbreaking Jetking Bitcoin strategy, becoming the first publicly traded Indian entity to adopt Bitcoin (BTC) as its primary Bitcoin treasury reserve. This bold step marks a significant moment
In a move that’s turning heads across the crypto market, MicroStrategy (MSTR) is now just 1,209 Bitcoin away from owning 3% of the entire BTC supply. The update came from a recent post by crypto analyst Crypto Rover on X (formerly Twitter). It has sparked a wave of speculation about the company’s long-term plans and
Story Highlights Cryptocurrency surges to 88% reacging to record-breaking $5.36 billion in July. AI played a crucial role in boosting the growth as multiple companies increased their crypto treasuries. Bitcoin reached a new all-time high of $122,000, while Ethereum surged by almost 49%. Over the past month, cryptocurrency and AI have seen a significant surge.
Key Takeaways The Bhutan government moved 517 Bitcoin worth $59 million to a new wallet. Bhutan still holds 10,769 Bitcoin valued at $1.2 billion. The Royal Government of Bhutan moved 517 Bitcoin worth approximately $59 million to a new wallet on Tuesday, according to data from Arkham Intelligence. It remains unclear whether the government intends
The price of Bitcoin (BTC) falls below the $120,000 mark after two weeks of sluggish movement. During the last rally, as Coinidol.com wrote, Bitcoin reached a high of $123,120 before heading back down. But on July 29, the bears broke through the critical 21-day SMA support, putting an end to the rally. Bitcoin price long-term