Economy

Economy
Economy

Oobit data shows crypto moving from investment to everyday spending

The regulatory framework for crypto assets in the United States is beginning to take shape. However, even as regulatory clarity improves, a key question remains: who will control the final layer of crypto commerce? In a recent CCN opinion article, Oobit CEO Amram Adar argued that the answer will be determined by infrastructure rather than

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Economy

Dogecoin stays below $0.085 as retail sentiment remains weak

Dogecoin (DOGE) is up by less than 1% on Thursday, climbing towards $0.085 despite a generally risk-off environment across cryptocurrency markets. The recovery comes as large holders, commonly known as whales, appear to have paused recent profit-taking activity, temporarily easing selling pressure.  However, retail investors remain cautious, with futures market participation continuing to decline. The

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Economy

KuCoin unveils Crypto Cup with up to 1.4M USDT reward pool

KuCoin has unveiled a global football-themed cryptocurrency campaign that will allow users to compete for rewards worth up to 1.4 million USDT across its platform ecosystem. Named the KuCoin Crypto Cup, the campaign will run from June 11 through July 20, 2026. It is designed to connect several parts of the exchange’s ecosystem, including trading,

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Economy

BNB slides as ETF enthusiasm fades and bearish signals mount

BNB faced renewed selling pressure after being rejected near $608 on June 9 and falling back below $585. The decline has extended losses from its recent peak of $720, leaving the token down more than 16% from that high. The pullback marks a sixth consecutive day of declines, effectively erasing a short-lived rally that had

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Economy

Cracker Barrel stock soars 30% as earnings beat sparks short squeeze

Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally

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Economy

Tesla stock slips another 1.5% today: what’s behind the recent decline?

Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President

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Economy

What next for Litecoin after dropping below $43? Check forecast

Litecoin (LTC) remains under heavy pressure, trading below $43 on Wednesday following a massive decline last week.  The broader trend across the market remains weak, and LTC continues to underperform as bearish sentiment builds in derivatives and spot markets. Concerns are rising that LTC could soon test the $40 psychological level, with momentum still tilted

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Economy

Why is HOOD stock surging today?

Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating

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Economy

Oracle stock drops 3% as earnings test AI growth narrative

Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company’s quarterly earnings report. Investors are closely watching whether Oracle’s rapid expansion in artificial intelligence infrastructure can justify its rising debt levels and negative free cash flow. The company’s results arrive at a critical moment for the broader AI sector. Investor

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Economy

Commodity wrap: Gold hits lowest level since March 23; oil rebounds

Gold prices continued to slump on Wednesday as a fresh escalation in tensions in the Middle East dampened sentiments in the market.  Oil rebounded from sharp losses on Tuesday as prices jumped more than 2% after both the US and Iran traded military strikes overnight.  Meanwhile, both copper and aluminium contracts on the London Metal

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