The post SpaceX Stock Targeted at $75 by Phillip Securities appeared first on Coinpedia Fintech News Phillip Securities has given SpaceX (SPCX) a Sell rating with a $75 price target, citing concerns over the company’s valuation and the durability of its revenue growth. SpaceX shares recently
The post Strategy Pauses Bitcoin Purchases, Raises $334M From MSTR Sales appeared first on Coinpedia Fintech News Strategy made no Bitcoin purchases or sales between August 10 and August 16, leaving its holdings unchanged at 840,447 BTC. The company acquired its Bitcoin for a total of
The post Bank of Russia Adds Crypto to Financial Resilience Calculations appeared first on Coinpedia Fintech News The Bank of Russia has proposed adding cryptocurrencies to the assets used to calculate financial resilience ratios for brokers, trustees, forex dealers and crypto exchange offices. Under the draft
The Kospi Index has rebounded in the past few weeks as investors have moved back to memory companies like Samsung Electronics and SK Hynix and as the US and Iran has war has paused. It jumped to 6,977, up by 31% from its lowest level
The Hang Seng Index rose to 25,517 on Monday as investors waited for the highly anticipated Shein IPO and key earnings by some of the biggest constituent companies. It has soared by 13% from its lowest level this year.Shein IPO is the top Hong Kong
The Nikkei 225 Index held steady, reaching its highest level since July 10, even after the weak Japan GDP data. It reacted to the strengthening Japanese yen as traders waited for a BoJ response. It was trading at 68,935 points, up by 14% from its
AeroVironment stock has rebounded to a crucial resistance level as traders waited for the upcoming earnings, which will shed more color on its growth amid the rising competition in the drone industry. AVAV jumped to $200, its highest swing on July 20th this year.AeroVironment stock
Bitcoin (BTC) began the week cautiously after falling by more than 3% during the previous week.Bitcoin is attempting to stabilize above the important $62,300 support level, while Ethereum continues to consolidate. XRP, meanwhile, trades near the psychologically significant $1.00 mark as weakening momentum raises the
Cardano (ADA) trades near an important support zone on Monday after suffering a correction of more than 10% during the previous week.The decline is being reinforced by selling among some of Cardano’s largest holders. Bearish derivatives positioning and weakening momentum indicators also suggest that traders
Solana (SOL) trades above $75 on Monday after falling 2.18% last week and finding support along an ascending trendline.Sustained inflows into spot Solana Exchange-Traded Funds (ETFs) indicate that institutional demand remains firm. The technical picture is also showing early signs of recovery, although SOL must decisively