Author: Charlotte

After nearly 3,080 Bitcoin [BTC] left Kraken, attention has shifted back to whale accumulation. The two transfers included 1,265 BTC worth approximately $81.3 million and 1,815 BTC valued at about $116.6 million, bringing the combined value close to $198 million.  Rather than signaling imminent selling, the movements pointed toward coins leaving an exchange for unknown wallets. Such a  pattern often reflects long-term holding instead of immediate distribution. However, the transfers arrived while Bitcoin traded within a well-defined recovery structure, making the timing especially notable.  Investors also viewed the withdrawals alongside broader on-chain indicators instead of treating them as isolated events. As a result,…

Myer Holdings Limited (ASX: MYR) has released a preliminary trading update for the 2026 financial year showing total sales of $4,089 million, up 11.3% on an actual basis but facing significant headwinds from cost-of-living pressures and volatile consumer sentiment. The Australian department store and apparel retailer navigated challenging second-half trading by increasing promotional activity and executing strategic initiatives including a new retail media platform and marketplace expansion. Despite strong performance in specific categories and loyalty program growth, the company warned of continued caution regarding the near-term consumer outlook as macroeconomic pressures weighed on discretionary spending. Key Points Myer Holdings Limited…

Warren Buffett might no longer be the CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), but the business still has the same issue it had under the leadership of the Oracle of Omaha. It has more cash than it knows what to do with. But this deep liquidity has become a source of meaningful profit. In fact, Berkshire Hathaway earns more from its cash pile in a year than most S&P 500 index companies report in total earnings. Here’s the math. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known…

$GMX DAO has reacquired 22,480 tokens for roughly $130,000, averaging about $5.78 each between June 3 and June 9. This move, highlighted by CryptoTwitter commentator @$GMX_IO, demonstrates the DAO’s commitment to strengthening its token supply. As the crypto market remains volatile, such acquisitions may bolster trader confidence moving forward. What Happened The recent reacquisition by $GMX DAO comes amid a broader crypto market landscape exhibiting mixed signals. While total volume remains unspecified, this strategic buyback reflects a proactive approach to managing $GMX’s token supply. Notably, since early March, the DAO has purchased a total of 235,280 $GMX tokens for about…

At a debate among the Republican presidential candidates in March, U.S. Senator Ted Cruz of Texas boiled down his campaign message to its essentials: “Here’s my philosophy. The less government, the more freedom. The fewer bureaucrats, the more prosperity. And there are bureaucrats in Washington right now who are killing jobs and I’ll tell you, I know who they are. I will find them and I will fire them.”What was remarkable about this statement was how unremarkable it was. Cruz was not taking a radical position; he was expressing his party’s orthodoxy, using boilerplate language to signal that he understood…

Base, the Ethereum-based Layer network incubated by Coinbase, is reportedly “beginning to explore” launching a native token, Base creator Jesse Pollak said at a live-streamed conference on Monday, a reversal from Coinbase’s previous stance. Coinbase representatives had consistently said there were no plans to issue a token for Base, which currently uses ETH as its gas token. The project said it has “no definitive plans to share at this time” regarding a potential token. “Base is a bridge, not an island,” Pollak said onstage at BaseCamp, in Stowe, Vermont, discussing how he is aiming to increasingly connect Base to the…

Wellington Management, Vanguard and Blackstone have partnered to launch two investment funds that combine public and private market assets, targeting high-net-worth and mass-affluent investors as asset managers seek to broaden access to alternative investments beyond institutional clients, Reuters reported.The two funds will be available to Merrill and Bank of America Private Bank clients through their financial advisors.The first fund, the WVB All Markets Fund, will combine public equities, fixed income and index strategies managed by Wellington and Vanguard with Blackstone’s private market investments. The second, the WVB Blackstone All Privates Fund, will provide investors with exposure across Blackstone’s private equity,…

By Chris Mason, BBC News political correspondentHaving survived, so far, the rumblings of mutiny among fellow Labour MPs, both the party leader Jeremy Corbyn and his shadow chancellor John McDonnell are determined to begin setting out their economic pitch. Mr Corbyn called it “a new economics”. Mr McDonnell described his aim as being no less than the “fundamental business of reforming capitalism”.So today was big on vision, but short on new detail. Perhaps no surprise with the next general election, in all likelihood, not until 2020.No one can doubt their ambition: “I want us to surpass even the Attlee government…

A Tottenham insider feels a Premier League rival were never going to land Djed Spence as they “only spend 50 pence on right-backs.” There’s a lot of speculation over Spence’s future this summer. It’s been suggested he’s not going to be a fixture in Roberto De Zerbi’s plans and Tottenham are therefore willing to sell for the right price. That’s expected to be near £40million, after some outlets suggested £25million. Everton, Liverpool and Inter Milan are among the clubs linked, and Spurs insider John Wenham feels the Toffees have no chance of paying the required fee for Spence. He told…

NFTs are digital assets that are stored on a blockchain. They represent various forms of digital content and may even be tethered to physical assets. Ownership of these assets is recorded in the blockchain, creating an immutable record that lets you sell and trade NFTs. If crypto and NFT terms are new to you, you can browse the glossary at the bottom of this page. What does NFT stand for?NFT stands for non-fungible token. Although non-fungible tokens are widely regarded as a new technology, the first NFT was minted in 2014 by digital artist Kevin McCoy and tech entrepreneur Anil Dash.…