Bolts gather needed steam for tough closing assignments

Meralco Bolts’ KJ McDaniels and Raymond Almazan during a game against the TNT Tropang Giga in the PBA Commissioner’s Cup at Araneta Coliseum. PBA IMAGES Coach Norman Black sounded as a cautious optimist on Wednesday after Meralco continued its turnaround from what was once a gloomy campaign in the PBA Commissioner’s Cup into a promising … Read more

Nasdaq Has Best Week Since March As Market Rally Gains Steam, But Don’t Do This

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally had a huge week, with the Nasdaq boasting its best weekly gain since March. The major indexes surged Thursday on a Fed-friendly inflation report. On Friday, a shift away from defensive names intensified, with … Read more

Market Rally Gains Steam; These 5 Stocks Are Near Buy Points

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally had a huge week, with the Nasdaq boasting its best weekly gain since March. The major indexes surged Thursday on a Fed-friendly inflation report. On Friday, a shift away from defensive names intensified, with … Read more

Chainlink (LINK) Rejected At $9.20 But Picks Up Steam

While the broader crypto market is currently trying to recover from the shock surrounding FTX and the accompanying fears of a contagion effect, Chainlink has recorded the highest price increase within the top-100 by market cap within the last 24 hours. At press time, the LINK price was up 6.2% from the previous day, trading … Read more

Bitcoin Price Loses Steam At $20K, Earnings Plays Against Crypto

The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency was trending higher after weeks of consolidation, leading to a spike in positive market sentiment, but optimistic participants might have been fast to proclaim more profits. At the time of writing, the Bitcoin … Read more

Rishi Sunak Gains Steam in Race to Become Next UK Prime Minister

Breadcrumb Trail Links PMN Business Rishi Sunak gained momentum in the race to become UK prime minister, securing the public backing of senior Conservative Party lawmakers ahead of an initial leadership vote on Monday and putting pressure on Boris Johnson to declare his hand. Author of the article: Bloomberg News Ellen Milligan and Victoria Wakely … Read more

Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close

Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility back for monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp. The move … Read more

Cardano bulls run out of steam after Vasil hard fork — 40% ADA price crash in play

Cardano’s (ADA) long-awaited Vasil update went live on Sept. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market. Sell-the-news hampers Cardano ADA’s price has dropped by approximately 9.5% since the update and was changing hands for $0.43 on Sept. … Read more

STEPN (GMT) Struggles To Hit $1, Is The Price Running Out Of Steam?

STEPN (GMT) has struggled to show its move in recent months after ranking as the top gainer for several weeks against tether (USDT). The price of STEPN has struggled to rally to $1 despite the market seeing relief bounces across the market, with many altcoins producing double-digit gains, with the price of STEPN (GMT) showing … Read more