Tag: Market

Sharplink Reiterates Ether Conviction Despite 2025 Market Sell-Off

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​Ethereum treasury company Sharplink has reported a $734.6 million net loss for 2025 due to a crypto market decline in the second half of the year. The firm posted its financial results for the year on Monday, revealing that its full-year net loss was primarily driven by a $616.2 million paper loss on the 868,699 Ether (ETH) it has accumulated to date. Adding to its losses was a $140.2 million impairment charge related to converting its staked Ether. Ethereum saw rocky performance in the second half of 2025. While its…

Bitcoin Price Reclaims Ground, Can Bulls Flip Market Momentum?

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Bitcoin price started a recovery wave from the $65,500 zone. BTC is now consolidating and might aim for more gains above $69,500. Bitcoin started a decent recovery wave above the $67,500 zone. The price is trading above $68,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance at $69,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,500 and $68,000 levels. Bitcoin Price Starts Recovery Wave Bitcoin price…

Nasdaq and Kraken partner to launch equity token gateway to increase market liquidity

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Nasdaq on Monday announced plans to launch an equity token design, a framework to tokenize public company shares while keeping legal and regulatory integrity, modernizing investor engagement, and enabling always-on trading. The stock exchange giant has teamed up with Payward, Kraken’s parent company, to create a gateway connecting permissioned and permissionless markets for tokenized equities, ensuring legal equivalence, investor protections, and issuer control. The initiative aims to give issuers greater control over their shares in tokenized form while introducing programmable features that modernize how companies interact with shareholders on matters…

Saylor Signals Another Bitcoin Buy Amid Market Downturn

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Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated on Sunday that the firm is buying more BTC, as the price hovers near the $66,000 level.  “The Second Century Begins,” Saylor said on X, as he shared the Strategy BTC accumulation chart that has become synonymous with impending BTC purchases. Strategy’s most recent BTC purchase occurred during the last week of February, when the company bought 3,015 BTC for more than $204 million, bringing its total holdings to 720,737 BTC, valued at about $48.1 billion using market prices…

Kalshi Faces Lawsuit Over Khamenei Prediction Market

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A class action lawsuit has been filed against prediction market Kalshi, alleging that the death carveout in the “Ali Khamenei out as Supreme Leader” market was not properly disclosed to users and that the platform failed to pay out winning trades. The plaintiffs said that the death carveout policy was “not incorporated into the user-facing rules summary,” and was not displayed in a way that would notify a “reasonable consumer” of the policy or its effects. “Defendants, themselves, later acknowledged that their prior disclosures were ‘grammatically ambiguous,’” the lawsuit filing…

NYSE hit with $9 million SEC penalty over 2023 market disruption

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The New York Stock Exchange has agreed to pay a $9 million penalty to settle charges brought by the US Securities and Exchange Commission over a 2023 technology glitch that disrupted the opening of trading in thousands of stocks. The issue dates back to January 23 when a configuration error left a backup disaster-recovery system running during overnight maintenance, causing the exchange’s Pillar platform to incorrectly process opening auction data, the SEC said in a March 6 filing. That resulted in the exchange bypassing the standard opening auction for more…

Bitcoin sinks below $69,000 as US job market unexpectedly shed 92,000 jobs in February

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Bitcoin dropped from above $70,000 to about $68,700 on Friday on disappointing US labour market data. Nonfarm payrolls fell by 92,000 in February, markedly undershooting economists’ expectations for roughly 50,000 new jobs, according to the Bureau of Labor Statistics. The decline erased much of January’s 126,000 job gain and pushed the unemployment rate up to 4.4%. Job losses were broad-based, including reductions in healthcare employment due to strike activity, as well as declines in the technology sector and continued cuts in federal government jobs. The weak report reinforces concerns about…

$74K Bitcoin Local Peak? Traders Divided on Bear Market Continuation

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Bitcoin (BTC) traded 4.5% below the $74,000 high reached on Thursday, with traders conflicted over whether this level may have marked the local top for BTC price.  Key takeaways: Bitcoin charts still show similarities to the 2022 bear cycle, suggesting another leg down below $60,000 is possible.  Others say the bottom is in and expect a breakout rally to $75,000–$80,000 to be next.  Is the 2022 BTC price cycle repeating? BTC’s current technical structure, following the latest recovery from $60,000, shows similarities with the middle of past bear cycles. Bitcoin’s…

Dogecoin (DOGE) Retreats, Market Eyes Potential Extended Pullback

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…