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Alibaba (BABA) Stock; Drops 7% as Q4 Income Slides Amid Aggressive Expansion

TLDRs; Alibaba’s net income plunged 66% in Q4, even though revenue managed a modest 2% year-on-year gain. Heavy spending on quick commerce and AI initiatives...

Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades

The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for...

Bitcoin’s Quantum Risk May Be Real, But The Network Is Preparing: Report

Galaxy Digital’s latest report says the risk that quantum computing could compromise Bitcoin is real, but so is the work underway...

Russia’s push for AI expansion threatens to undermine crypto mining

Russia is now offering preferential treatment for data centers involved in AI development, including reduced electricity rates, state funding, and tax breaks. New legislation...

Will Bitcoin Price Hold $70K After Fed Reserve Keeps Rates Unchanged for 2nd Consecutive Meeting?

Bitcoin price slipped to $70,197 on Thursday, marking a 5.28% decline after a brief market correction. The pullback followed...

Bitcoin Long-Term MVRV Remains In ‘Opportunity’ Zone: Data

On-chain data shows the 365-day Bitcoin MVRV Ratio has recently been sitting deep inside the negative zone, implying long-term buyers are underwater. Bitcoin MVRV...

‘Liquidity still low’- Bitcoin’s $75K rally looks fragile, warns analysts

Despite the remarkable Bitcoin recovery to $75K and resilience during the West Asia crisis, its mid-term outlook was still uncertain.  According to crypto options...

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