The corporate Bitcoin gold rush is on — but at what cost?
Source: Coin Tegraph They’re being called “infinite money machines” by some, and “a ticking time…
Source: Live Mint Buy or sell stocks: Following the Israel-Iran ceasefire, the Indian stock market extended its uptrend for another session. The Nifty 50 index finished 200 points higher at 25,244, the BSE Sensex ended 700 points higher at 82,755, while the Bank Nifty index added 159 points and closed at 56,621. Leading the charge…
Source: Coin Tegraph Coinbase Global (COIN) stock extended its rally on Wednesday, setting a fresh 52-week high and coming within range of its record closing price from November 2021, as the broader digital asset industry followed Bitcoin’s lead. Shares of the crypto exchange rallied by as much as 7.1% Wednesday morning, reaching an intraday high…
Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Dogecoin’s price has witnessed a notable downward trend to levels not seen in months, bullish predictions from analysts are swelling within the crypto community. DOGE’s recent crash may have flattened upward momentum, but the phase could be laying the…
Source: Coin Tegraph They’re being called “infinite money machines” by some, and “a ticking time bomb” by others. Welcome to the world of Bitcoin treasury companies, publicly traded firms that are rewriting the rules of corporate finance by converting capital into Bitcoin. These companies are leveraging gains to boost their stock price, and using momentum…
Source: The Verge Meta won a major legal ruling in an AI copyright lawsuit brought by 13 authors alleging that the company illegally trained its AI systems on their work without permission. On Wednesday, Judge Vince Chhabria ruled in Meta’s favor, saying it is “entitled to summary judgment on its fair use defense to the…
Source: Live Mint The initial public offering (IPO) of Indogulf Cropsciences, a producer of crop protection products, has opened for subscription starting today, June 26, and will close on June 30, Monday. Prior to its public offering, the company secured ₹58.20 crores from anchor investors. Indogulf Cropsciences IPO price band has been fixed in the…
Source: Live Mint Mumbai/New Delhi: If you have ‘AI engineering’ in your résumé, your odds of getting hired—despite the ongoing slowdown in India’s top IT services firms—are significantly higher, and so is the pay. This holds true even for non-tech roles, or when companies are hiring more for optics than necessity, simply to showcase AI…
Source: The Verge Amazon’s next Prime Day event hasn’t officially kicked off yet, but in classic Amazon fashion, the retailer has already dropped a selection of early deals ahead of its four-day sale. While steeper discounts are not likely to arrive until next month, many of the current offers are already worth considering, especially if…
Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is showing renewed strength above the $106,000 mark following a turbulent period driven by escalating Middle East tensions. Over the weekend, uncertainty spiked as geopolitical risks surged, but the announcement of a ceasefire between Iran and Israel has brought…
Source: Coin Tegraph Key takeaways: Bitcoin inflows on Binance have dropped to 5,147 BTC, less than half of previous bear market levels, despite BTC trading above $105,000, signaling a possible decline in short-term selling pressure. Bitcoin has reclaimed its 50-day EMA, historically a signal for breakout rallies. Technical indicators, including rising spot CVD, point to…