Don’t Be Fooled: Why Exchange Shutdowns Might Not Mean Bitcoin Has Bottomed
Alphractal founder Joao Wedson said that exchange closures are not, by themselves, a reliable Bitcoin bottom indicator.
Bitcoin Miner Ionic Climbs 25% On Nasdaq Debut, Joining Hut 8’s AI Shift
Ionic Digital stock climbed 25% on its Nasdaq debut as the Celsius-born bitcoin miner leans further into leasing its power capacity to artificial-intelligence clients.
Apple Hits $5 Trillion Market Cap: Will Earnings Extend the Rally?
Apple's market cap briefly hit trillion before Thursday's earnings, testing Tim Cook's final report as CEO and setting up a key test of whether the rally can extend.
SK Hynix’s Record Profit Still Trails What Analysts Wanted to See
SK Hynix released its second-quarter financial results today, reporting a surge in profit and revenue. However, the numbers still missed analyst estimates. The firm posted revenue of 79.3 trillion won, below LSEG SmartEstimates of 84 trillion won. Operating profit reached 60.54 trillion won, short of the 64 trillion won expected. AI Demand Powers A Record
Why Some Economists Want Fed Chair Warsh to Hike Rates Today
Economists like Joe Lavorgna argue the Fed should hike rates today. Here is the case for a tighter stance, why markets still expect a hold, and what a surprise move could mean for risk assets and crypto.
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