A Wall Street analyst has suggested that electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) may be entering an era of “gimmicks,” losing focus on its core business following the launch of its robotaxi service in Austin. According to Gordon Johnson, Tesla’s core EV business is in structural decline, and the company is increasingly leaning on…
As the second half of the year approaches, markets are predicting that Bitcoin (BTC) is likely to trade near its current levels. Notably, Bitcoin has regained bullish momentum as investors have reacted positively to the easing of geopolitical tensions in the Middle East. The cryptocurrency is now targeting the $110,000 resistance level. At press time,…
Gordon Gottsegen Gordon Gottsegen covers retail investing for MarketWatch. Adblock test (Why?)
Everybody keeps talking about Solana, primarily because of the buzz around ETFs and big-money backers. But if you look a little closer, other corners of crypto are already lighting up, even as Solana deals with tech hiccups and wobbly prices. One project that keeps popping up is Little Pepe, which recently announced a whopping $777,000…
This weekend is probably not a good time to visit Venice. The fabled city’s residents — some of them, at least — are in an uproar over the wedding of Amazon founder Jeff Bezos and his partner, Lauren Sanchez, a former TV reporter. A prenuptial “foam party” on Bezos’s $500 million yacht didn’t help dispel…
Once known for its extreme price swings, Bitcoin’s (BTC) volatility has reached its lowest levels in years. While it remains elevated relative to traditional assets, analysts and industry observers now note a significant shift in the asset’s behavior. IBIT vs SPY volatility. Source: @EricBalchunas A chart shared by Bloomberg’s Eric Balchunas reveals that the 60-day…
Jeffry Bartash Jeffry Bartash is a reporter for MarketWatch in Washington. Adblock test (Why?)
Metaplanet has again beefed up its Bitcoin holdings. According to the Tokyo-listed investment firm, it bought 1,111 BTC on Monday for about $118.2 million. The average price paid was roughly $106,408 per coin. Bitcoin has fallen more than 5% over the last week, trading just above $101,000. Performance Metrics Climb Higher Metaplanet’s own numbers show…
Former Coral Capital executives aim to raise $100 million to acquire BNB tokens through a Nasdaq-listed company. BNB’s price could surge amid the fresh institutional interest, with this set to mirror the Bitcoin treasury trend. The token’s value could spike to above $700 amid bullish sentiment, though primary support is around $550. BNB is slightly…
XRP Ledger TVL dropped 12.5% to US$54.2 million. Open interest fell 36%, funding rates turned negative. Death cross and descending triangle indicate more downside. XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network metrics push the token closer to a critical breakdown. The cryptocurrency, once buoyed by…
