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Bitcoin Sinks to Four-Month Lows as Investors Eye Sparkly IPOs
Bitcoin may be having a worse week than Euphoria fans who wanted a Season 4 with more glitter makeup. The cryptocurrency plunged to its lowest level since February, briefly bottoming out below $62,000 Thursday. The weak week kicked off Monday when Michael Saylor, a bitcoin maximalist known for saying he’d never sell, sold a small part of his massive stockpile for the first time since 2022. Saylor’s bitcoin-holding company, Strategy, parted with 32 bitcoin for about $2.5 million, a few grains of sand off its mountain of more than 800,000 bitcoin worth tens of billions of dollars. The S&P 500 and Nasdaq 100 both ... (full story)
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From @financialjuice|5 hr ago|27 commentsThe US Navy was "forced to flee’ after Iran fired a missile and drone - Iran's Tasnim News Iran's Navy: Fired warning shots at US destroyers in the Gulf of Oman - State media HORMUZ TENSION IS TURNING INTO A NAVAL RISK TRADE Iranian state media said its navy targeted a U.S. destroyer in the Gulf of Oman after alleged Strait of Hormuz violations. CENTCOM denied it, saying: “Iran is lying. U.S. military assets at sea continue to fly, sail, and… pic.twitter.com/tGBUKyq1co TASNIM: US NAVY ‘FORCED TO FLEE' AFTER IRAN FIRED MISSILE, DRONE pic.twitter.com/7mbDMOitYJ
From aol.com|5 hr agoFederal Reserve officials' waning concern about the job market, so intense at the start of the year that it supported calls by many of them for interest rate cuts, will be tested ...
From finance.yahoo.com|6 hr agoBitcoin posted its longest losing streak since August, weighed down by liquidations of bullish bets and this week’s rare sale of tokens by the dominant corporate buyer. The ...
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From statcan.gc.ca|4 hr ago|4 commentsEmployment increased by 88,000 (+0.4%) in May and the employment rate rose 0.2 percentage points to 60.7%. The unemployment rate fell 0.3 percentage points to 6.6%. Employment ...
From bls.gov|4 hr ago|86 commentsTotal nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains ...
From cnbc.com|4 hr agoBitcoin ’s dire start to June worsened early on Friday, with the cryptocurrency on course to trade more than 15% lower for the week. Prices had fallen to their lowest levels since ...
