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Check out the companies making the biggest moves midday: Petco Health — The retailer slumped 22% after losing 4 cents per share in the fiscal first quarter, twice the loss of 2 cents that analysts had estimated, based on FactSet data. Revenue of $1.49 billion missed the Street’s $1.50 billion consensus, while same-store sales dropped 1.3%, worse than the 0.6% decline forecast by analysts. Tesla — The electric vehicle maker added more than 6%, a day after plunging 14% as CEO Elon Musk and President Donald Trump publicly feuded . Omada Health — The digital health company made its debut…
Key takeaways:Bitcoin (BTC) climbed toward $105,000 on June 6 after plunging to its lowest level in four weeks the previous day. Traders questioned whether the sharp decline had been coordinated, especially following reports that US President Trump and Chinese President Xi Jinping had resumed discussions over import tariffs.The reasons behind Bitcoin’s sudden drop on June 5 might never be fully clarified. Still, several contributing factors emerged, including fears of a potential economic recession, continued uncertainty surrounding the US Strategic Bitcoin Reserves, and speculation that custodians might be engaging in re-hypothecation practices.If these concerns are valid, a quick return to the…
Key takeawaysP2P crypto lending lets you earn interest by lending digital assets directly to borrowers via CeFi or DeFi platforms.Smart contracts automate lending processes in DeFi, ensuring transparency, efficiency and algorithmic interest rates.Choosing the right platform requires evaluating factors like security, interest rates, loan terms and user experience.Risks include market volatility, platform failure and regulatory uncertainty.Earning passive income through peer-to-peer (P2P) crypto lending has become an increasingly popular strategy for crypto holders seeking to get returns without actively trading. By lending digital assets on centralized or decentralized platforms, investors can earn interest while contributing to the liquidity of the crypto…
Opinion by: Phil Mataras, founder and chief executive officer at AR.ioLet’s stop pretending that data just disappears. It doesn’t. It’s deleted, erased, buried and more often than not, done deliberately. Every time a new administration seizes power, priorities are reshuffled. This is to be expected, but what is unacceptable is the quiet, coordinated disappearance of public information. It can already be seen, particularly in the United States, and at a pace that should alarm anyone who cares about truth.From public health dashboards to economic indicators, entire swathes of data are being taken offline without a press release or explanation. Just gone.…
Key points:Bitcoin (BTC) passed $104,000 at the June 6 Wall Street open as strong US labor market data contrasted with fresh calls for interest-rate cuts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin edges higher as Trump moves to FedData from Cointelegraph Markets Pro and TradingView showed BTC/USD up 2.5% on the day.Having recovered from snap losses over the ongoing spat between US President Donald Trump and SpaceX CEO Elon Musk, markets digested fresh inflation cues as Trump turned his attention to the Federal Reserve.Source: Truth Social“‘Too Late’ at the Fed is a disaster!” he wrote in part of the day’s posts on Truth…
Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes. This post explores how to interpret a Bitcoin liquidation map, allowing you to trade smarter in the volatile world of cryptocurrency.What is liquidation in crypto trading?In cryptocurrency trading, liquidation happens when an exchange forcefully closes a trader’s leveraged position due to insufficient margin to pay losses. This usually occurs when the market moves sharply against the position. Long liquidations occur when prices fall, affecting traders who bet on an…
The Monetary Authority of Singapore (MAS) has shed light on its Digital Token Service Providers (DTSPs) regime, following widespread panic in the industry over a potential ban on crypto firms serving overseas clientsIn a June 6 announcement, MAS reiterated that starting June 30, crypto firms “providing services solely to customers outside of Singapore relating to digital payment tokens and tokens of capital market products will need to be licensed.” However, the regulator warned that such licenses will be granted only in “extremely limited circumstances.”“MAS has set the bar high for licensing and will generally not issue a licence,“ the agency…
Summary The Persona 4 remake will potentially appear during the Xbox Games Showcase on June 8. Several original Persona 4 voice actors recently stated via social media that they had not been asked to return for the new project. Persona 3 Reload was announced at the Xbox Games Showcase in 2023. The long-rumored Persona 4 remake may finally be revealed during the Xbox Games Showcase on June 8. As more evidence has begun to emerge online over the past few weeks, fans are eager to finally have confirmation of the project, with 2008’s Persona 4 still beingone of the most…
What is the FIFA blockchain? In May 2025, FIFA announced the launch of a dedicated layer-1 blockchain utilizing Avalanche’s Subnet technology. This transition marks a departure from its previous use of the Algorand blockchain, which had powered FIFA’s initial ventures into Web3, including the FIFA Collect NFT marketplace launched ahead of the 2023 Club World Cup in Saudi Arabia. The new blockchain is designed to serve as the new infrastructure for FIFA’s blockchain-based products, such as digital collectibles and games, offering enhanced performance, scalability and user experience.Did you know? FIFA, the global governing body of football, was founded on May 21, 1904,…
Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games. On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume of over $2 million, up 2,525% from the previous week. For monthly volumes, the collection had surpassed its sales performance for all of May by June 6. In June, the collection has sales of around $1.4 million so far, up 43% from May’s $900,000. Moonbirds also reached over 1,000 transactions in the last seven days, a 877%…