The broader cryptocurrency market is having a mixed performance on Friday, with most leading cryptocurrencies currently in the red. However, POL, the native coin of the Polygon blockchain, is one of the best performers in the market. It has added 3.5% to its value over the last 24 hours and could be set for a
Bitcoin’s latest bout of selling has a different feel. Instead of the usual crypto stress signals, panic from small investors, a wave of forced liquidations, or miners dumping coins to pay bills, this time the pressure looks more like portfolio housekeeping by institutions. As US rate expectations swing and cross‑asset volatility climbs, professional allocators are
Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has plunged by 68% from its all-time high. Coinbase business deteriorated in the fourth quarter The COIN stock price remained under pressure after
Kalshi is moving into the sports insurance sector through a partnership with specialist broker Game Point Capital, signalling a shift in how insurers hedge financial exposure tied to sports performance. The regulated prediction market exchange is positioning itself within a fast-growing industry valued at around $9 billion annually and expected to double by 2030. The
US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow Jones Industrial Average rose 207 points, or about 0.4%. The S&P 500 gained 0.6%, while the Nasdaq Composite advanced 0.8%, as investors responded positively to
Days after investors of software firms were spooked by the launch of plugins by Anthropic’s Claude, shares of wealth management and brokerage firms tumbled after financial-technology company Altruist unveiled an AI tool capable of automating personalised tax strategies, triggering fears that AI could erode the relevance of traditional financial services. California-based fintech firm Altruist launched
US stock index futures traded cautiously on Wednesday as investors focused on the delayed January jobs report and upcoming inflation data, while corporate earnings and policy developments added to uncertainty around the market outlook. Markets have been attempting to balance resilient equity performance with soft consumer data, tariff tensions, and growing concerns about artificial-intelligence-driven disruption
The US Labour Department is set to release closely watched employment data on Wednesday, offering the first indication of whether job growth in 2026 is gaining momentum after a year marked by the weakest hiring pace outside of a recession in more than two decades. The Bureau of Labor Statistics will publish the January jobs
IREN stock price remains under pressure this month as Bitcoin retreats and Neoclouds shares dip. It retreated to $42.93 on Wednesday, down by 44% from its highest level in November last year. So, is IREN a good stock to buy today? IREN stock has slipped despite strong growth potential IREN stock price has remained under
Astera Labs stock suffered a harsh reversal after the company published strong financial results that missed some analysts’ estimates. ALAB dropped to a low of $164 in the extended hours, down sharply from the all-time high of $262. As a result, the market capitalization dropped from over $42 billion in September last year to below