Author: Journalist

Bitcoin’s (BTC) pullback from the $100,000 level after continuously hitting fresh new highs is only a temporary setback before eventually shooting past the barrier to even higher prices, crypto analytics firm CryptoQuant said. According to a Wednesday report shared with CoinDesk, multiple blockchain data metrics suggest that the largest crypto has more room to run before topping. CryptoQuant’s custom P&L index, which combines several on-chain valuation metrics to signal whether BTC is overvalued or undervalued, shows that the asset is firmly in a bull market but far from the overvalued levels it reached at the previous market peaks in 2021,…

Nov. 30, is the last trading day of the month, so all eyes will be on bitcoin’s (BTC) monthly candle. Bitcoin is less than 4% away from the psychological wall of $100,000. While the $9 billion worth of options expiry for bitcoin has just expired, which has sent the token slightly higher on the day to over $96,000. CoinGlass data shows that November has been one of the strongest months for bitcoin for several years, currently up over 36%, which would be the fourth best performing month since October 2021. November’s rise has only been beaten thrice February 2024 (44%),…

The restaurant industry has faced a mixed bag in 2025, grappling with persistent macro headwinds such as elevated labor costs, cautious consumer spending and ongoing food inflation.While dining demand has been relatively stable in some segments, the broader industry has lagged the market amid concerns over discretionary income pressure and shifting customer preferences. As a result, many restaurant stocks have underperformed, with investors growing increasingly selective about where to allocate capital within the space.Despite the industry’s uneven performance, several restaurant chains have bucked the trend, posting strong earnings, solid same-store sales growth, and continued unit expansion. These outperformers are benefiting…

Everyone always has a lot to say about Justin Sun, but the founder of Tron, the third largest blockchain by market cap according to DeFi Llama data, tends to ignore the critics and focus on BUIDLing. It’s tough to write a story about Sun without first mentioning his wealth, however. On-chain data tracked by Arkham Intelligence shows that Sun’s crypto holdings are up by almost $700 million this year, from $1.5 billion at the start of the year to $2.2 billion today, making him crypto’s richest person (at least identified person; Satoshi may have more wealth). This profile is part…

Noah Capozza decided to divert his extra money into a share portfolio rather than pay down his HECS and the money to be made can be staggering. (Source: TikTok/Link Wealth) Australians with HECS debts are being urged to reconsider putting extra money towards their student loans. While it might make sense to chuck extra cash at your HECS to pay it off sooner, you could be in a much better position if you put your money elsewhere. That’s what Noah Capozza has done with his $60,000 loan. The Link Wealth financial advisor told Yahoo Finance investing your cash can leave…

Something as simple as writing a will could help close the racial wealth gap. As it stands now, Black families are less likely to take this crucial estate planning step than white households. A will helps to preserve wealth — especially the home — as it’s transferred from one generation to the next, rather than go through the state’s process of designating heirs. Overall, the racial wealth gap could be reduced by 10% over three generations if Black households wrote wills at the same rate as white ones, according to a recent study. The reduction may be “modest,” according to…

South Korea is looking for an extension to the July 9 tariff deadline as talks continue. The US has raised concerns over non-tariff barriers and broader defence. South Korea is not the only country looking to reach a deal with the US before the tariff deadline on July 9. “It seems some countries will reach a deal by July 8, some might be granted an extension to continue negotiations, while others will decide if they want to continue negotiating under tariffs or not,” the South Korean official told a briefing. Here’s how some of the other trading partners are managing…

Millions of Americans who are behind on their student debt may face a financial shock next year: The federal government is expected to start collecting on defaulted loans for the first time since payments were paused during the pandemic. Though the Biden administration required borrowers to begin making their normal repayments in 2023, it has yet to resume efforts to recover money involuntarily from people with seriously past-due balances. That process can involve garnishing wages, tax refunds, and Social Security benefits, along with formal legal proceedings. There are approximately 5.6 million former students currently in default, meaning their loans are…

Lululemon (LULU) is set to report its third quarter results after the closing bell on Thursday as the retailer grapples with slowing sales growth and concerns over increased competition heading into the critical holiday shopping season. The stock, one of the worst performers in the S&P 500 (^GSPC) this year, has plummeted over 30% as newer brands like Alo and Vuori capture market share with trendier styles and products. Shares have also significantly underperformed the Consumer Discretionary sector (XLY), which is up about 27% over that same period. And although the stock has rebounded from the four-year lows it faced…

The S&P 500 (^GSPC) is back at an all-time high for the first time since February as optimism around Federal Reserve interest rate cuts and fading fears of tariffs have driven stocks higher. In the final full trading week of June, the S&P 500 rose 3.5%, while the Nasdaq Composite (^IXIC) rose more than 4.1%. Both indexes ended the week at all-time highs. Meanwhile, the Dow Jones Industrial Average (^DJI) added about 3.8%. The June jobs report will headline the first week of July. Fresh readings on job openings and wage data, as well as manufacturing and services activity, will…