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Investment bank DA Davidson raised its price target for Crowdstrike from $191.25 to $245.On August 27th, Mixue Group (02097.HK) announced that, based on the accumulated undistributed profits as of June 30, 2026, the Board has resolved to recommend a special dividend of RMB2.65 per share to shareholders on or around November 6, 2026. Based on the total number of issued shares of the Company as of the date of this announcement, the total amount of the special dividend is expected to be approximately RMB1.006 billion.On August 27th, according to the Financial Times, Israel is considering expelling British and other European officials from the US-led Gaza Reconciliation Center in retaliation for their criticism of the Netanyahu governments policies on Palestinian territories. Sources indicate that the Israeli government has discussed expelling Britain from the International Gaza Support Center (IGSC) in recent weeks. This center is a multinational coordination headquarters established to monitor the US-brokered ceasefire agreement between Israel and Hamas. Israel has also considered similar measures against Italy and Germany. Headquartered in southern Israel, the IGSC is led by US military officials who work with the Israel Defense Forces and dozens of military and diplomatic officials from approximately 50 countries and international organizations. Israeli Foreign Minister Saar announced this week the expulsion of the Dutch representative from the center because the Netherlands decided to boycott products from Israeli settlements in the occupied West Bank, East Jerusalem, and the Golan Heights. Israel also expelled the Spanish representative from the IGSC this year, citing "persistent anti-Israel bias."On August 27th, Qantas Group released its 2026 fiscal year annual report, showing that its after-tax profit fell by nearly 20% year-on-year due to increased fuel costs driven by the Middle East conflict. The report showed that for the fiscal year ending June 30th, the groups pre-tax profit was A$2.06 billion (approximately US$1.40), a decrease of 13.8% year-on-year; after-tax profit was A$1.29 billion, a decrease of over 19% year-on-year. Qantas Group CEO Vanessa Hudson said that the groups fuel costs increased by A$610 million in the fiscal year due to higher fuel prices caused by the Middle East conflict.On August 27th, Mixue Group (02097.HK) announced that for the six months ended June 30, 2026, the company achieved operating revenue of RMB 15.216 billion, a year-on-year increase of 2.29%; gross profit of RMB 4.63 billion; pre-tax profit of RMB 2.976 billion; net profit of RMB 2.319 billion, a year-on-year decrease of 14.68%; and basic earnings per share of RMB 6.05.

Bitcoin – The Spring Compressed Tightly

Alina Haynes

Oct 19, 2022 15:39

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Bitcoin is once again trading at $19.3K, as it has been seven of the last eight mornings. Again, attempts to extend the uptrend have been greeted with rising selling pressure. A flawless month-long flat has caused the rate to decrease by 1.5% in 24 hours, increase by 0.8% in 7 days, and increase by 2.4% in 30 days. Near $1300, Ethereum trades, dropping 2.4% in 24 hours but gaining 0.65% in 7 days.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

Bitcoin found room to move farther into the triangle's corner, pulling back from its upper boundary, and the 50-day moving average is now acting as resistance. All of this indicates that the financial world is awaiting additional clear signs before making a decisive move in either way.

 

Nevertheless, we continue to believe that the exit from this lull will be upward rather than downward - the downturn has been too protracted, and too much pessimism is already priced into prices.

 

At the same time, renowned crypto writer Ton Weiss predicted that Bitcoin's price may fall to $11,000 before regaining its footing. According to him, BTC is forming a downward triangle, similar to the triangle saw in 2018, when the value of the first cryptocurrency virtually halved. According to a second scenario, Bitcoin would continue to consolidate in a range until the end of the year.

History of the news

Glassnode cautioned that the drop in indicated and realized volatility towards historical lows portends an imminent increase in volatility.

 

Bitcoin was recognized as the oldest cryptocurrency, the first decentralized cryptocurrency, and the most expensive cryptocurrency in the most recent edition of the Guinness World Records ("Guinness World Records 2023").

 

Vitalik Buterin, co-founder of Ethereum, stated that network validators should be tolerant and refrain from censoring transactions that do not align with their values.

 

According to the Financial Conduct Authority (FCA) of the United Kingdom, bitcoin fraud has received the most investor complaints.

 

Interpol has established a dedicated unit to combat cryptocurrency crime. The Singapore-based team will help international law enforcement agencies with digital asset-related investigations.