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Thursday, July 2, 2026

Bitcoin’s $126M Short Squeeze: Is BTC’s Rally Just Beginning?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
3 mins read
Bitcoin reclaims $60K after a $126M short squeeze. See why cleaner leverage and rising STRC inflows suggest more than a bounce.
23 Min

Ethereum Foundation Cites $76B Security Moat to Court Governments

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
2 mins read
Ethereum Foundation pitches $76B in staked ETH and zero downtime since 2015 to position the network as public digital infrastructure.
35 Min

Palantir Stock Climbs on Nvidia Partnership, Ignores CEO’s Angry Diatribe

By Timothy St. John, Financial Writer - European & US Desks
Thursday, Jul 2, 2026
2 mins read
Palantir stock upgraded to Buy after reassessment.
Palantir stock grew Thursday after the investment firm D.A. Davidson upgraded the asset to "Buy".
36 Min

SMCI Stock Drops as Taiwan Investigates Alleged AI Chip Export Violations

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
2 mins read
Super Micro Computer (SMCI) Stock failed to stop its previous long losing trend and is still showing losses on the day.
2 h

Nonfarm Payrolls Report Comes in Weak and Holds S&P 500 Back

By Timothy St. John, Financial Writer - European & US Desks
Thursday, Jul 2, 2026
2 mins read
Stocks moved slightly higher as the nonfarm payrolls report came in weakly.
The data from the nonfarm payrolls report showed lower than expected gains, keeping the S&P 500 subdued on Thursday.
3 h
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Enphase Energy Stock Drops as Solar Demand Slows Despite Long-Term Growth

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
2 mins read
Enphase Energy Inc Stock failed to stop its early day losing trend and is still showing modest losses on the day. Despite these current...
4 h

Robinhood Stock Jumps 8% as HOOD Chain Mainnet Goes Live

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
2 mins read
Robinhood stock rose nearly 8% following the news the trading platform went live with its chain, Robinhood Chain...
5 h

Lummis Cites 16 Safeguards in Clash With Warren Over Crypto Bill

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
3 mins read
Senator Elizabeth Warren's assertion that loopholes in the Clarity Act will lead to illicit finance is fundamentally incorrect...
5 h

USD/JPY Falls Below 161.20 as Weaker US Dollar and Stronger Yen Weigh Ahead of NFP

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Thursday, Jul 2, 2026
2 mins read
During the European trading session, the USD/JPY currency pair failed to stop its bearish trend and is still showing losses on the day...
5 h

US Dollar Surge Crushes Gold: 33% Plunge From Record High

By Olumide Adesina, Financial Market Writer
Thursday, Jul 2, 2026
1 mins read
Spot gold has undergone a sharp 33% correction after peaking at an all-time high of $5,589/oz in January 2026.
8 h
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