Category: News

Tesla, Inc. (NASDAQ:TSLA) shares have been on an extended lean patch amid fundamental woes and the electric-vehicle maker’s CEO Elon Musk on Monday suggested that there could be redemption at sight in the long term. What Happened: Musk was responding to a post by asset management firm Baron Capital on X, in which it shared…

Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs. What Happened: At the time of writing, Bitcoin is trading around $61,300, flat over the past 24 hours but up from $59,086 in Monday evening trading. On June 24, these…

Shiba Inu‘s (CRYPTO: SHIB) burn rate and whale transactions count spiked on early Tuesday morning, with traders predicting bullish price action ahead. What Happened: Shibburn data shows the burn rate increasing by 6,018.2% in the last 24 hours, with 10.2 million coins burned in total. On Monday evening, 5.6 million and 3 million coins were…

The U.S. stocks could be primed for another mixed session on Tuesday, with techs looking poised for a bounce back from the previous session’s losses. Nvidia Corp. (NASDAQ:NVDA) could lead from the front, with the stock climbing over 2% in the premarket. The spotlight is likely to be on a couple of speeches by Federal…

The German Government transferred a total of 400 BTC, valued at approximately $24.34 million, to major cryptocurrency exchanges Coinbase Inc. (NASDAQ:COIN) and Kraken today. What Happened: According to data from Arkham, the transfers were executed at 15:38 UTC+8, with each exchange receiving 200 BTC. This transfer follows a significant movement of Bitcoin (CRYPTO: BTC) by…

Pseudonymous trader Dark Crypto Lord offered a sobering analysis of why the cryptocurrency market is currently difficult for retail investors. What Happened: In his latest tweet, the trader reflected on the fading era of easy, high-multiplier gains in crypto, pointing out the contrasting conditions of the current supposed bull run. He observes that despite being…

Nearly four years after first pitching for Grail Inc. (NASDAQ:GRAL), Illumina Inc. (NASDAQ:ILMN) announced Monday that it would spin off the cancer blood test developer.  In July 2021, Illumina said it was committed to re-acquiring Grail. Starting today, 25 June, Grail will begin trading the “regular way” under its own Nasdaq ticker, GRAL, as an independent…