20h ago
Gold Rebounds to $4,660: Bullish Engulfing Pattern Forms as Hormuz Ceasefire Faces Durability Test
Gold (XAU/USD) surged 1.97% to close at $4,661.1 on the daily chart, staging a powerful recovery after weeks of consolidation. The latest price action formed a bullish engulfing pattern, decisively reclaiming the key horizontal support at $4,505. While the market initially found relief in the conditional two-week U.S.-Iran ceasefire, gold's sharp $90 bounce suggests investors are increasingly wary of the truce's long-term durability.
20h ago
22h ago
Strategy (MSTR) Q1 2026 Earnings: $12.5B Loss as Saylor Abandons ‘Never Sell' Approach to Bitcoin
Strategy (MSTR) reported a staggering $12.5 billion Q1 loss due to Bitcoin impairments, while simultaneously announcing a historic shift toward actively managing its 818,334 BTC balance sheet. Management has officially abandoned its 'never sell' mantra in favor of a Bitcoin Development Company model designed to maximize per-share accretion and scale its $8.5 billion STRC digital credit ecosystem.
BTC
BTC-0.89%
22h ago