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TheCryptagon

TheCryptagon
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Morgan Stanley: Bitcoin Enters Its ‘Fall’ Season, Signaling Harvest Time

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Morgan Stanley strategist Denny Galindo compares Bitcoin’s market cycle to the four seasons, warning that the current “fall” phase is typically a time for...

Crypto Fear Spikes to March Levels as Bitcoin Nears One-Year Gold...

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Bitcoin and the broader crypto market have reached their lowest sentiment levels in seven months. This comes even as BTC continues to trade above...

Chances of December Fed Rate Cut Drop Below 50%

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Traders are scaling back expectations for a Federal Reserve rate cut at the next meeting, with odds now falling below 50%. The probability of...

U.S. Stocks Slip After Shutdown Ends as Cisco Shines

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U.S. stocks moved lower on Thursday as investors continued rotating out of high-priced technology shares, even after the end of the longest government shutdown...

JPMorgan: Hedge Fund Caution in October May Fuel a Year-End Rally

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Equity markets may be setting up for a year-end rebound after hedge funds adopted an unexpectedly cautious stance in October, according to JPMorgan. In a...

IMF Warns of Rising Pressure on U.S. Economy as Q4 Slows

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The International Monetary Fund (IMF) says it is seeing growing signs of strain in the U.S. economy. Fourth-quarter growth is now expected to come...

OpenAI Backs Red Queen Bio to Combat AI-Driven Biothreats

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OpenAI, the creator of ChatGPT, announced on Thursday that it will lead a $15 million seed investment in Red Queen Bio. The startup focuses...

Tesla Recalls 10,500 Powerwall 2 Units Over Fire Risk

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Tesla announced on Thursday that it is recalling about 10,500 Powerwall 2 battery systems in the United States due to potential fire and burn...

Disney Signals Long Standoff With YouTube TV as Shares Drop

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Walt Disney said on Thursday that it is preparing for a potentially long dispute with YouTube TV over the distribution of its television networks....

xAI Secures $15 Billion in New Funding, CNBC Reports

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Elon Musk’s company xAI has raised $15 billion in a Series E funding round, according to a CNBC report that cited people familiar with...
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