Markets
Applied Digital Tumbles 30% on Revenue Miss; Plans Selling Cloud Computing Unit
The Texas company, which pivoted from crypto mining to high-performance computing, said it will sell its cloud computing business to struggling cloud computing business.
Bitcoin Options Play Shows $100K Target Back in Bulls' Crosshair
The $100K call option has become the most favored bet, with a notional open interest of nearly $1.2 billion.
'A Joke Wrapped in Volatility': Fartcoin Rallies Absurd 300% Defying Global Market Carnage
One trader noted that Fartcoin's face-melting outperformance is the "perfect metaphor" for the current times when even traditional assets trade like a joke.
Bitcoin Tops $84.5K, Looks to End Downtrend as Trump Exempts Key Tech From Reciprocal Tariffs
Major cryptocurrencies like ETH, XRP, and ADA saw significant gains, indicating increased risk-taking in the market.
Altcoin Action in Powertrade's Options Market Heats Up Driven by XRP, SOL and DOGE
Market volatility saw traders chase options for hedging and speculative activities.
S&P 500 More Volatile Than Bitcoin as U.S. Assets Lose Investor Favor
Investors move away from U.S. assets, causing a rise in Treasury yields and a decline in the dollar index and U.S. stocks.
New Bull Run or Bear-Market Rally? Only Time Will Tell
Wednesday's market rallies in stocks and crypto might be the start of a new bull run, or just a short-term surge during a longer decline.
Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty
The withdrawals took place even as prices zoomed higher alongside a risk-reset on Wall Street.
Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says
Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability.
Bitcoin Analysts Optimistic as China Surprisingly Fixes Yuan Beyond 7.2 Level
Analysts suggest the yuan's depreciation may lead to capital flight into bitcoin.
