Bitcoin Nears Key Support as Price Falls Below Rainbow Chart Bands
Bitcoin’s price continues downward pressure, breaking below key support levels on the Rainbow Chart and signaling potential further decline toward $51,000.
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Crypto & Fintech
Markets & Macro
U.S. Labor Market Surges with Robust Job Growth and Shrinking Foreign Workforce
Job creation accelerates with over 188,000 new monthly positions amid shrinking foreign labor participation and rising factory output, signaling a strong post-recession economy.
Crypto & Fintech
Institutional Investors Cut Bitcoin Holdings in Q1 Amid Market Downturn
Professional investors reduced their Bitcoin exposure significantly during the first quarter, driven by hedge funds and brokerages, while banks and strategic allocators increased their holdings.
Markets & Macro
Strong Jobs Report Triggers Sharp Tech Selloff and Market Drop
U.S. stocks fell sharply after robust job growth stoked fears of prolonged higher interest rates, triggering a steep decline in tech shares and rising Treasury yields.
Crypto & Fintech
Rising Bitcoin Losses Signal Market Pressure Amid Recent Price Decline
Bitcoin’s recent price drop has pushed more investors into unrealized losses, reflecting growing market stress and shifting sentiment toward caution.
Trade & Tariffs
SpaceX Secures $30 Billion Deal to Supply Google with AI Computing Power
SpaceX will provide Google with AI computing resources under a multi-year contract worth around $30 billion, strengthening its position in the AI infrastructure market.
Markets & Macro
Trump Praises Job Growth and Proposes AI Financial Participation for Americans
President Trump highlighted robust employment gains, urged for lower interest rates, and introduced plans to share artificial intelligence profits with the public while assuring progress on Iran's nuclear threat.
Defense & Security
Putin Declines Zelensky’s Call for Direct Talks, Cites Preconditions for Peace
Russian President Vladimir Putin rejected Ukrainian leader Volodymyr Zelensky’s request for face-to-face negotiations, insisting peace talks require prior conditions.
Crypto & Fintech
Chilean Authorities Dismantle $90 Million Crypto Money Laundering Network Linked to Organized Crime
Chilean police arrested about 20 suspects after breaking up a large-scale crypto laundering network accused of processing nearly $90 million linked to the Tren de Aragua cartel.
Corporate Power
WWE Merger Trial Removed from Court Schedule Days Before Start, Reasons Unclear
The Delaware Chancery Court removed the WWE merger trial from its calendar just days before it was set to begin, leaving the case’s status uncertain.