Lululemon Athletica (LULU) closed Friday at $100.61, down 17.38% in a single session. That is about 80% below the $511.29 peak it hit in December 2023. Its founder is now in divorce court. The Nasdaq-listed sportswear retailer has cut its sales forecast three times this year. Days after the latest cut, reports confirmed founder Chip […]
Ripple has entered a partnership with Florida Athletics that will bring optional XRP and RLUSD payment choices into parts of the athletics program’s ticketing and merchandise experience. It is a nice mainstream-facing win for Ripple, partly because sports partnerships are easy for normal people to understand. This is not some abstract infrastructure integration buried in […]
The Liquid hackers returned 3,400 Bitcoin on Monday, most of the roughly 3,998 BTC they moved out of the network over the weekend. Close to 598 BTC stayed behind. Liquid is a Bitcoin sidechain built by Blockstream. Users lock Bitcoin on the main network and receive a matching token, L-BTC, that moves faster and more […]
UBS’s new forecast of two Federal Reserve rate hikes this year extends Bitcoin’s potential macro headwind through December. The issue reaches beyond September’s decision: investors may have to weigh the cost of holding a non-yielding asset against interest-bearing alternatives through the end of 2026. Reuters reported Sept. 7 that UBS Global Wealth Management now expects […]
Bitcoin’s relationship with gold is strengthening even as the cryptocurrency becomes less sensitive to rising Treasury yields. Cathie Wood says the shift is reassuring, adding to the case that bitcoin may be maturing into an independent monetary asset rather than trading like a high-beta tech stock. Bitcoin-Gold Correlation Climbs as Treasury Sensitivity Weakens Bitcoin’s price […]
Kamino has launched a new borrowing mechanism on Solana, allowing users to borrow $USDC backed by $ZEC. This initiative, highlighted by influencer @SolanaFloor, is designed to provide users with the opportunity to gain exposure through $ZEC Multiply, curated by AllezLabs. This development could significantly impact Solana’s DeFi landscape as borrowing options expand. The Key Development […]
The inclusion of AERO as collateral on Tenor OTC enhances liquidity options and financial flexibility for token holders, fostering ecosystem growth. The post Tenor OTC adds AERO as collateral for fixed-rate borrowing on Base appeared first on Crypto Briefing.
Bitcoin is trading above $79,000 after US spot ETFs pulled in a reported $730.9 million in a single day last week, their second-largest daily inflows of the year after the $843.6 million they drew in on January 14. Crypto analysis platform CryptoRus, in its latest market letter, framed this week as a test of whether […]
A Gamers Nexus investigation found LG sets scanning every device on a home network and capturing microphone audio with the screen off, four months after LG promised Texas regulators it had cleaned up its tracking.
The UK’s ban on trade with Israeli settlements may influence other nations to adopt similar policies, impacting international trade dynamics. The post UK government to ban trade with Israeli settlements on Tuesday appeared first on Crypto Briefing.
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