Business News
- Bitcoin cracks $60,000, sinking to lowest level since October 2024
The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
- LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade
Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
- Investors boost bets for Fed rate rise after bumper US jobs report
World’s biggest economy adds 172,000 jobs in May in sign labour market is ‘turning the corner’
- Investors boost bets for Fed rate rise after bumper US jobs report
World’s biggest economy adds 172,000 jobs in May in sign labour market is ‘turning the corner’
- Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
- Chips sell-off threatens Wall Street’s winning streak
Tech stocks suffer two-day decline following disappointing results from semiconductor giant Broadcom
- Chips sell-off threatens Wall Street’s winning streak
Tech stocks suffer two-day decline following disappointing results from semiconductor giant Broadcom
- Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
- The gold chart looks precarious. Here's how to profit
Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.
- Trump Accounts don't 'rule' child investments, advisor says: How your options compare
Trump Accounts, along with 529 plans, custodial accounts for minors and Roth IRAs, are all valuable options depending on the child's needs and long-term goals.
Crypto News
- Zcash weighs new shielded pool after counterfeiting flaw
Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions.
- Bitcoin needs one more thing to happen to spark BTC price 'rally:' Analysis
Bitcoin whales flipped to support a BTC price rebound, but analysis warned that the Coinbase and Kimchi Premium still needed to return.
- How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.
- Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.
- Bitcoin fell 21% after Strategy’s debt buyback news: Is Terra Luna-style doom loop next?
Bitcoin price collapsed as Strategy faced tighter liquidity conditions and paused its BTC buying. Is it time to jump ship or buy the dip?
- Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap
Bitcoin continued "incredible" 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts.
- Saylor downplays Bitcoin slide as Strategy faces $11B paper loss
Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC.
- Bitcoin price just tagged 200-week trend line that defined 2022 bear market
Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years.
- Bitcoin ETFs bleed $4.4B as outflow run extends to 13 trading days
US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15.
- Over $600M in Bitcoin longs liquidated as BTC dips toward $60K
Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC.
General News
- Israeli Knesset member backs settlement push in southern Syria
An Israeli Knesset member has publicly backed efforts to establish Israeli settlements in southern Syria.
- Man City chair Al Mubarak will ‘say everything’ after verdict on finances
English Premier League side Manchester City charged with 115 alleged breaches of financial rules.
- ‘Red meat is a dream’: Iran inflation hits highest level since World War II
The war with the US is not the only factor driving prices skywards.
- At least 49 people die of thirst after truck breakdown in Niger desert
Two people managed to survive after walking more than 50km to a water source and then a nearby town.
- Barcelona teenager Lamine Yamal wins La Liga Player of the Season award
Lamine Yamal will be an integral part of Spain's World Cup 2026 challenge and was key in Barcelona's La Liga defence.
- WHO, Africa CDC unveil $518m Ebola plan as Uganda death toll rises
Uganda reported three more cases and one more death from the outbreak which has spread from the DRC.
- WFP: War on Iran pushing millions towards hunger
The US-Israeli war on Iran could tip up to 45 million people into acute hunger, the UN's WFP warns.
- NASA tells ISS astronauts to ready for possible evacuation amid leak repair
NASA says four astronauts sheltering in transport capsule out of 'abundance of caution' as Roscosmos makes repairs.
- Are the US and Iran closer to war or to a deal?
As US and Iran pursue talks, both signal they are still ready to use force against each other.
- Gaza, Iran, Lebanon: If ceasefires are in place, why do strikes continue?
International law sets rules for ceasefires, but who enforces them when violations continue? Three experts explain.












