Shares of WD-40 Company (WDFC) are rising more than 17% Tuesday morning after reporting better-than-expected third-quarter earnings. Profit in the third quarter increased to $18.9 million or $1.38 per share from $14.5 million or $1.07 per share in the same quarter a year ago. Analysts on average had expected the company to earn $1.22 per share, according to figures compiled […]

Multinational bank Standard Chartered, which in December 2022 predicted that the bitcoin price was on track to plummet as low as $5,000 in 2023, now believes that the world’s first and largest cryptocurrency will cost ten times more by year-end and an astounding $120,000 in 2024. $120,000: Bitcoin Supply Shock Will Slingshot BTC Skyward Standard Chartered has shared a rosy […]

Grayscale Investments has called out the SEC for approving Bitcoin futures ETFs over spot Bitcoin ETFs The DCG subsidiary recently penned a letter to a Columbia court to highlight the SEC’s unequal treatment of BTC-based ETFs.  Grayscale’s letter came more than a year after it sued the SEC for denying its spot BTC ETF application.  The SEC has since rejected […]

Cryptocurrencies are trading close to the flatline amidst anxiety ahead of the release of the CPI data from the U.S. on Wednesday. Markets are expecting the headline CPI to fall to 3.1 percent, from 4 percent in the previous month. Core inflation is seen falling to 5 percent, from 5.3 percent earlier. The overall crypto market capitalization is steady at […]

Weak economic data from China dampened market sentiment world-wide ahead of the release of the CPI readings from the U.S. on Wednesday. Consumer prices were flat in China in the month of June whereas markets had expected it to be steady at 0.2 percent. Markets expect both headline inflation and core inflation in the U.S. to slow in the month […]

Popular cryptocurrency analyst Willy Woo has recently indicated that he believes the price of the flagship cryptocurrency Bitcoin ($BTC) is in the “early stages of another price squeeze,” suggesting the cryptocurrency’s price could surge in the near future. In a tweet Woo shared with his over 1 million followers on the microblogging platform, he explained that a short squeeze scenario, […]

Over the past few weeks major holders of the flagship cryptocurrency Bitcoin ($BTC), colloquially known as whales and sharks in the space, have been amassing new coins at a significant rate, especially after BlackRock filed for a spot Bitcoin exchange-traded fund (ETF). According to on-chain analytics firm Santiment, holders with between 10 and 10,000 BTC in their wallets have purchased […]

Introduction This report provides a comprehensive analysis of Bitcoin (BTC) for 4 July 2023. The data includes real-time price, volume, bid/ask, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 6:41 a.m. UTC on 4 July 2023, on Binance, Bitcoin is trading at $31,020.0, up by $343.1 (+1.12%) from its previous close. The trading volume over […]

Jack Dorsey, the founder and former CEO of Twitter, has urged the current leadership to integrate censorship-resistant protocols to help alleviate the burden of restrictions. This comes just months after billionaire Elon Musk acquired the social media giant and embarked on a journey to transform the platform. Dorsey tweeted early Sunday, acknowledging the challenges of running Twitter and expressing hope […]