News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Rising debt and economic uncertainty are fueling discussions on wealth protection in relation to alternative stores of value beyond traditional assets. As concerns grow over the stability of fiat currencies, Ray Dalio points to Bitcoin’s fixed supply and decentralized nature as potential safeguards against financial instability and shifting monetary policies.
ETH’s price plunge pushes its BTC ratio to 4-year lows. With selling pressure mounting, will ETH break below $2,000 or stage a recovery?
Economist Peter Schiff alleges Trump’s US Crypto Reserve announcement was a market manipulation scheme, urging Congress to investigate insider profits.
Pi Coin struggles near $1.60 but signals a possible reversal. A break above $2.00 could spark a recovery, while failure may lead to further losses.
Bitcoin’s role as a hedge asset weakens as market trends shift, driving a $1 trillion crypto downturn and increasing stock-like behavior.
Trump’s high-stakes Crypto Summit could redefine digital asset policies in the US. Will tax breaks and a national reserve fuel a crypto boom?
A sharp drop in Bitcoin’s open interest and rising market fear could indicate a buying opportunity. With RSI nearing oversold levels, BTC may be primed for a rebound toward $90,000.
Exploring Market Indicators: Low Retail and Institutional Participation Raising Caution Flags for Bitcoin's Ascend to $90K
- 18:03Wall Street investors' frustration with Tesla intensifies, may hit longest losing streak in 15 years this weekAccording to CNBC, a growing number of Wall Street investors are disappointed in Tesla. Ahead of Tesla's April delivery report and first-quarter results, UBS and Redburn Atlantic reiterated their sell ratings on Tesla due to subdued Model Y delivery forecasts and a lack of near-term growth catalysts. UBS cut its price target on Tesla by $24 to $225, while Redburn was more pessimistic, with a $160 price target.Redburn analyst Adrian Yanoshik wrote, ‘We expect sales to stagnate this year without the upcoming new car.’ ‘So far, sluggish new-vehicle registration numbers could signal ongoing demand challenges. At the same time, we expect cash flow to be impacted by deliveries of the new Model Y model, which began in March, due to increased inventories. Possible U.S. tariffs on imports from Mexico add to the cost burden.’ At one point on Monday, Tesla shares tumbled more than 13 per cent, and have accumulated losses of more than 40 per cent so far this year. If the trend fails to reverse, the stock could fall for an eighth consecutive week after the U.S. election-induced surge, the company's longest (weekly) losing streak in 15 years.
- 18:01Wall Street investors' frustration with Tesla intensifies, may hit longest losing streak in 15 years this weekAccording to CNBC, a growing number of Wall Street investors are disappointed in Tesla. Ahead of Tesla's April delivery report and first-quarter results, UBS and Redburn Atlantic reiterated their sell ratings on Tesla due to subdued Model Y delivery forecasts and a lack of near-term growth catalysts. UBS cut its price target on Tesla by $24 to $225, while Redburn was more pessimistic, with a $160 price target.Redburn analyst Adrian Yanoshik wrote, ‘We expect sales to stagnate this year without the upcoming new car.’ ‘So far, sluggish new-vehicle registration numbers could signal ongoing demand challenges. At the same time, we expect cash flow to be impacted by deliveries of the new Model Y model, which began in March, due to increased inventories. Possible U.S. tariffs on imports from Mexico add to the cost burden.’ At one point on Monday, Tesla shares tumbled more than 13 per cent, and have accumulated losses of more than 40 per cent so far this year. If the trend fails to reverse, the stock could fall for an eighth consecutive week after the U.S. election-induced surge, the company's longest (weekly) losing streak in 15 years.
- 17:53Musk: X platform hit by ‘massive cyber attack’Musk said the X platform suffered a ‘massive cyber attack’. We're being attacked every day, but this time it took a lot of resources. It could be a large, organised group or a country involved.