Over the last 24-hour period, the total market capitalization of the cryptocurrency space moved up by around 1.7% to $1.18 trillion, with Bitcoin’s price rising over 2.1% to test the $30,000 mark after a slight downturn over the last few days. The rise has left various traders wondering why the cryptocurrency market is up today, and the potential answer may […]

Cryptocurrencies gained more than 1.3 percent in the past 24 hours as positive sentiment returned to crypto sphere. Crypto market sentiment remained upbeat despite the downgrade of sovereign rating of U.S. by rating agency Fitch reverberating in world markets. Stock markets worldwide have plunged into negative territory whereas U.S. bond yields have hardened. The U.S. dollar however remains firm, with […]

Shares of Insperity, Inc. (NSP), a human resources and business performance solutions provider, are down more than 15% Tuesday morning after the company lowered its full-year earnings outlook. For the full year, Insperity now sees adjusted EPS in the range of 4.35-$5.32, down from the previous outlook $5.62-$6.39. Analysts expect earnings of $5.97 for the year. The company’s profit in […]

JetBlue Airways Corp. (JBLU), while reporting a profit for its second quarter with higher revenues, on Tuesday issued third-quarter outlook and updated forecast for fiscal 2023. Joanna Geraghty, JetBlue’s President Chief Operating Officer, said, “Looking ahead, we are updating our full-year earnings outlook to reflect near-term headwinds related to the termination of the NEA, a challenging operating environment in the […]

Sentiment turned upbeat as markets digested the Fed’s action on expected lines, strong corporate earnings and brace for an interest rate action by the ECB. An assessment that the Fed’s tightening cycle was coming to a close bolstered market optimism. European benchmarks are trading with big gains. Wall Street Futures are also trading positive, albeit with milder gains. Asian stocks […]

After the price of the flagship cryptocurrency Bitcoin ($BTC) fell under the $30,000 mark, an impressive 68.96% of Bitcoin holders clung to the green, maintaining a floating profit, with data suggesting over 3.4 million BTC addresses invested near that mark to buy the dip. According to data from cryptocurrency analytics firm IntoTheBlock, first reported on by Binance News, since May […]

An assessment of the coin’s daily new addresses count on a 30-day moving average revealed an uptick since 22 May. Since then, the daily count of new addresses that completed BTC transactions has grown by 19%. According to data from Glassnode, as of 25 July, over 450,000 new addresses completed at least one transaction that involved BTC.  BTC accumulation dwindles […]

Cryptocurrencies rose mildly during the past 24 hours ahead of the monetary policy review by major central banks. The Fed’s decision would be known on Wednesday after the two-day FOMC. The Bank of England and Bank of Japan are expected to announced interest rate review and decision on Thursday. The decisions of the Reserve Bank of Australia and the Bank […]

On July 21, 2023, Michael Novogratz, the founder and CEO of Galaxy Digital, appeared on “Squawk Box” and shared his insights on a range of topics, including the current state of the markets, the rise of artificial intelligence (AI), and the future of Bitcoin during a conversation with con-anchor Joe Kernen. Here’s a comprehensive recap of the Galaxy Digital CEO’s […]