Category Archive: Cryptocurrency, No picture
CGPT token soars 90% on Binance listing as AI agents trend upward
Key Takeaways CGPT token surged 90% after its Binance listing, raising its market cap to $335 million. The AI agent sector has doubled its market value to exceed $14 billion since late November 2024. Share this article ChainGPT’s CGPT token surged 90% after Binance listed it for spot trading, alongside aixbt by Virtuals (AIXBT) and […]
CryptoQuant analyst signals Bitcoin’s dip as a prime accumulation opportunity
Key Takeaways Short-term Bitcoin investors are selling at a loss, creating potential accumulation opportunities. Indicators like MVRV and NUPL suggest that the Bitcoin market remains in an upward trend. Share this article Bitcoin’s decline has created a prime opportunity for accumulation, according to CryptoQuant analyst Mac_D. The token has shown no signs of strength following […]
Bitcoin retreats to $92,5K as strong US jobs data reverses 12-hour gains
Key Takeaways Bitcoin’s price fell to $92.5K following stronger-than-expected US jobs data. The broader crypto market also declined, erasing a 12-hour rally. Share this article Bitcoin erased its 12-hour rally on Friday, retreating to $92.5K in the immediate aftermath of stronger-than-expected US jobs data. The largest crypto asset by market cap printed 14 consecutive hourly […]
Walmart Inc (WMT) DCF Valuation: Is The Stock Undervalued?
Image Source: Unsplash As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Walmart Inc (WMT). ProfileWalmart serves as the preeminent retailer in the United States, […]
Kenya set to legalize crypto, says Finance Minister John Mbadi
Key Takeaways Kenya is set to legalize cryptocurrencies, as announced by Treasury Cabinet Secretary John Mbadi. This planned legislation is aimed at creating a regulated environment for cryptocurrencies and Virtual Asset Service Providers, while mitigating risks including money laundering and fraud. Share this article Kenya plans to legalize crypto assets, shifting away from its previous […]
Walgreens Boots Alliance Reports Better Than Expected Results For Q1 Fy’25
Image Source: Unsplash Walgreens Boots Alliance, Inc.(WBA) reported its financial performance for the first quarter of fiscal 2025, ending November 30, 2024. The company experienced a notable increase in sales, with a 7.5% rise year-over-year, reaching $39.5 billion.The U.S. Healthcare and International segments primarily drove this growth despite challenges in the U.S. Retail Pharmacy segment. The adjusted earnings […]
GBP/JPY Finds Cushion Near 194.00, More Downside Remains Likely
Image Source: Unsplash GBP/JPY discovers a temporary cushion near 194.00, while its outlook remains uncertain. UK 30-year gilt yields soared amid growing concerns over mounting debt and caution over Trump’s protectionist policies. The BoJ said that it is considering raising the inflation forecast due to the depreciating Yen. The GBP/JPY pair finds temporary support near […]
Delta Air Lines Projects EPS To Be $7.35+ For 2025, Reports Record December Quarter
Image Source: Unsplash Delta Air Lines (NYSE: DAL) has announced its financial results for the December quarter and full year 2024, revealing a record performance. The company’s operating revenue reached $15.6 billion for the quarter, with an operating income of $1.7 billion, marking an 11% operating margin. Notably, Delta achieved a pre-tax income of $1.2 billion, translating to […]
New Zealand Dollar Near Two-Year Low: USD And China Are ‘To Blame’
Image Source: Unsplash The NZD/USD pair has fallen to 0.5590 as of Friday, marking a two-year low driven by a strong US dollar and concerns over China’s economic performance. The decline in the New Zealand dollar comes ahead of the release of the US jobs report for December, a critical data point that will shape market […]
Bitcoin Accumulation Trend Score Turns Red: More Decline Coming?
On-chain data shows the Bitcoin Accumulation Trend Score has observed a decline recently, a sign that investor cohorts have taken to selling. Bitcoin Accumulation Trend Score Is Currently Sitting At 0.21In a new post on X, the on-chain analytics firm Glassnode has shared an update on how the Accumulation Trend Score has recently been looking for Bitcoin. The […]
