US stocks rebound as investors brush off Middle East tensions

NEW YORK: US stocks ended higher on Monday, recovering from Friday’s sharp losses as investors’ concerns over ongoing hostilities between Israel and Iran eased somehow, Xinhua reported. Escalation of conflicts between Iran and Israel had briefly rattled markets — oil prices surged, the Cboe Volatility Index (VIX) spiked, and gold prices rose as investors sought…

Read More

Bitcoin Whale And Retail Inflows To Binance Fall To Cycle Lows, More Upside Ahead?

As Bitcoin (BTC) reels amidst escalating geopolitical tensions between Israel and Iran – dropping from $110,530 on June 9 to just above $106,900 today – concerns are mounting that BTC’s upward momentum may have stalled. However, on-chain data suggests that both Bitcoin whales and retail investors still anticipate further upside for the leading cryptocurrency. Bitcoin…

Read More