Key Highlights: Tech and AI-focused equities faced heavy selling, with CoreWeave dropping 12% on Friday and the Philadelphia Semiconductor Index marking eight straight sessions of declines. Macroeconomic headwinds compounded pressure as Brent crude surged to roughly $109 per barrel and elevated U.S. margin debt reached $1.4 trillion, raising leverage concerns. Prediction market Polymarket estimates just ...
Key Highlights Bitcoin rebounded 1.3% to approach $82,000 during Friday’s Asian morning hours after briefly slipping below the $80,000 mark. Major altcoins saw broad-based gains, led by ZEC’s 8% surge to approximately $1,190, alongside modest increases across SOL, ether, XRP, and TRX. Asian equities also mounted a recovery from Thursday’s sell-off, driven by semiconductor gains ...
Key Highlights: South Korea’s KOSPI tumbled 5.5% on Tuesday, widening its decline to roughly 38% below its all-time high set in June. Bitcoin and the benchmark KOSPI index exhibit a 20-day rolling correlation of -0.41, with the cryptocurrency rallying to $87,000 as equity investors pull back from tech holdings. Major semiconductor stocks suffered steep losses, ...
Key Highlights: Crypto perpetual futures tied to major chip stocks like SanDisk, SK Hynix, and Micron, as well as the triple-leveraged SOXL ETF, saw millions in liquidations following a sharp tech selloff in Seoul. While tech contracts were hit by long liquidations, crude oil bucked the trend with short bets dominating wipeouts as Brent hovered ...
Key Highlights Bitcoin rebounded above $83,000 on Tuesday after dipping below $81,000 during early trading hours. Broader crypto assets, including Ether, XRP, Solana, and Zcash, recovered alongside Bitcoin despite an Asian equity selloff. Global market sentiment faced headwinds from a sharp drop in South Korea’s KOSPI, lower U.S. tech futures, and sustained crude oil prices ...
Key Highlights Sequans Communications (NYSE: SQNS) has sold its remaining 314 Bitcoin, completing a treasury exit that leaves the company with no cryptocurrency holdings and a debt-free balance sheet outside government-backed research financing. The Paris-based semiconductor firm reported product revenue growth exceeding 80% year-over-year in Q2 2026, with its six-month product backlog more than tripling ...
U.S. technology and artificial intelligence stocks declined in pre-market trading Monday after prominent industry leaders raised fresh concerns about the rapid pace of AI development over the weekend. While equities slid, cryptocurrencies moved higher, with Bitcoin gaining approximately 1% to $77,800 and Ether rising 1% to $2,500. AI Leaders Urge Caution on Development Speed Anthropic ...
Traders worked the floor of the New York Stock Exchange on Aug. 25, 2026, as U.S. equities slid Thursday after domestic oil prices surged past $100 a barrel. The selloff reflected mounting anxiety that a prolonged conflict in the Middle East would fuel higher inflation and keep interest rates elevated for longer. Major Indexes Finish ...
Credo Technology Group Holding Ltd. (NASDAQ: CRDO) closed its latest trading session at $226.19, up 3.6% over the past four weeks. Based on short-term price…