The optimism surrounding the upcoming London hardfork is driving the Ethereum prices higher. Furthermore, the rising DeFi and NFT activity on Ethereum fuels the price surge.
The Ethereum anniversary is coming as the network plans for the London upgrade scheduled for early August, also gearing up for ETH 2.0.
The HOOD stock remained under pressure as retail investors resolved to profit-booking amid lingering anger of customers and regulators cracking down.
The fiscal and economic policies being rolled out by the Feds in various nations, particularly the United States can also help in the Bitcoin price retracement moves.
Duolingo made a strong debut at Wall Street raising over $500 million worth of funds. The company plans to use these resources for expanding to overseas markets.
Chinese crackdown on tech and education companies put pressure on Asian indices. On the other hand, the US tech giants continue to post stellar returns in the second-quarter earnings season.
Bitcoin price has been consolidating since mid-May, where a lot of events making an impact on BTC happened.
According to Tether, it is currently running its usual business activities and focuses on its customers.
With Tesla hitting a record Q2 net profit, the company is making an optimistic prognosis for the upcoming future. It expects a 50% average annual growth in vehicle deliveries.
Criminal charges currently faced by Tether due to this unethical act are said to carry heavy complications for the company’s future.
Ethereum hit the high, after climbing more than 8% in 24 hours and nearly 23% in one week, as several other assets also rise.
A Bitcoin squeeze has seen the crypto asset jump over 13% to $40,000, caused by factors such as Amazon’s interest and support from big names.
Notably, Bitcoin is the first currency Amazon is considering. However, in the future, it will expand its possibilities with other digital assets.
Binance US will be competing for a public spot proceeding despite facing allegations from global regulators.
Besides concerns of Covid resurgence in the United States, food stocks including Domino’s are heavily bolstered by the second-quarter earnings results.