Economy

Economy
Economy

Bitcoin price hits 200-week trendline amid record ETF outflows and liquidations

Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000 region. The decline comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing an extended period of capital outflows, while liquidations across the crypto market have surged to their highest

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Economy

Why is the ZEC price still bullish despite the 3-hour Zcash outage

The Zcash network experienced a halt lasting roughly three to four hours, according to blockchain status observations reported on June 3, 2026. But despite this disruption, the price has held firm, with ZEC trading around $619.05 at press time, showing a 6.29% gain in the 24 hours and maintaining a tight range between $560.69 and

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Economy

India deploys $1B shield as jet fuel tensions likely to linger

India has announced an INR 100 billion ($1.05 billion) fuel stabilisation fund to protect its airlines from volatile jet fuel prices triggered by the ongoing Middle East conflict.  The move comes as global analysts warn that recent signs of relief in the jet fuel market may prove short-lived, with the peak summer travel season still

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Economy

LINK crypto price outlook as Chainlink Data Standard launches on AWS Marketplace

Chainlink’s LINK token continues to trade under bearish pressure even as the project strengthens its position in institutional blockchain infrastructure through a new distribution channel on Amazon Web Services (AWS). Despite the institutional progress, LINK’s price action remains bearish across multiple timeframes, with technical indicators showing sustained downside momentum. The token is trading around $8.50,

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Economy

Why Nvidia stock is slipping around 3% today

Nvidia (NVDA) shares remained under pressure on Wednesday, falling around 3% to trade near $216 as investors continued to rotate toward other areas of the artificial intelligence hardware ecosystem. The decline followed a volatile session on Tuesday when Nvidia shares briefly climbed above $230 before reversing course and ending the day down 0.7%. While Nvidia

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Economy

As Anthropic, SpaceX, OpenAI IPO hype builds, markets face liquidity questions

The season of the mega IPOs is gathering momentum. Just days before SpaceX is expected to begin trading publicly, Anthropic, the artificial intelligence company behind Claude, confidentially filed for an initial public offering, officially taking its place on the starting line of what could become the largest IPO cycle in modern market history. The company

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Economy

India prepares major data upgrade with launch of Producer Price Index

India is set to launch a producer price index series this month, alongside a revised wholesale price index with a new base year, marking a significant change in the way the country tracks price movements at the producer level, a government official said on Tuesday. The development represents a structural shift in India’s statistical system

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Economy

Dow slips 45 points as Alphabet tumbles, AI stocks keep rally alive

US stocks opened lower on Tuesday as investors assessed fresh record highs on Wall Street, monitored developments in US-Iran negotiations, and reacted to major announcements from technology companies tied to the artificial intelligence boom. The Dow Jones Industrial Average fell 45 points, or 0.1%. The S&P 500 slipped 0.13%, while the Nasdaq Composite declined 0.26%.

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Economy

Planet Labs stock price surge put to the test as earnings loom

Planet Labs (NYSE: PL) stock has been firing on all cylinders and has continued to beat most companies in the space industry. It has jumped by 695% in the last 12 months and by 135% this year. In contrast, the Procure Space ETF (UFO) has soared by 51% this year and 150% in the last

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Economy

Why is AVGO up? GOOG’s fundraising, Anthropic’s IPO, Huang’s Marvell call in focus

Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector. Market sentiment was boosted by Alphabet’s plans to raise funds for AI infrastructure, Nvidia CEO Jensen Huang’s prediction that Marvell could become the “next trillion-dollar company,” and Anthropic’s recent IPO filing. The

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