News

Aug 01
Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’

BTC price action avoids a disappointing monthly close, but market players are demanding more proof of fundamental strength. Source: Cointelegraph

Aug 01
Woodward shares plunge on lowered guidance

Shares of Woodward Inc. WWD, +0.09% plunged 7.43% in extended trading on Monday after the aircraft component maker lowered its full-year guidance. The company’s stock closed Monday’s session up 0.09% at $104.79. Woodward reported fiscal third-quarter net income of $39 million, or 64 cents a share, compared to net income of $49 million, or 74 […]

Aug 01
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels. After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and monthly candle favoring the bulls. The road to some form of recovery continues, and at […]

Aug 01
Dow, S&P 500 end lower Monday, kick off August under cloud of potential recession

U.S. stocks finished lower Monday, kicking off August on a downbeat note, after a strong July rally carried the main equity benchmarks to their best month of gains in almost two years. The Dow Jones Industrial Average DJIA, -0.14% shed about 45 points, or 0.1%, to end the session near 32,799. The S&P 500 index […]

Aug 01
$200M BitGet BTC-USDT protection fund hints at investor-centric trend

Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. 1257 Total views 14 Total shares With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ […]

Aug 01
First Solar’s stock extends rocket ride after BofA upgrades, boosts price target by 66%

Shares of First Solar Inc. FSLR, +1.41% climbed 1.3% toward an eight-month high in afternoon trading Monday, after BofA Securities analyst Julien Dumoulin-Smith backed away from his bearish stance on the solar power systems company, citing upbeat policy developments and pricing potential. Dumoulin-Smith raised his rating to neutral from underperform, and boosted his stock price […]