• Dec 02, 2024

Bitcoin’s Push Toward $100,000 Runs Into a Wall of Resistance

(Bloomberg) -- Bitcoin bulls are starting to express some doubts after what seemed like an inevitable march toward a record high price of $100,000 loses momentum. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic Jams“While we’re seeing strong institutional buying pressure, particularly from entities like MicroStrategy’s continued accumulation strategy, the broader crypto ecosystem is experiencing a div

  • Dec 02, 2024

Slumping Australia Energy Stocks Eye Rebound as Projects Ramp Up

(Bloomberg) -- Australia’s flailing energy stocks may reverse course next year as several stalled projects start production, according to analysts.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsA sub-gauge of energy shares has fallen 18% in 2024 to become the worst-performing sector on the nation’s benchmark S&P/ASX 200 Index and lags behind regional peers. While slower project timelines and soft