Bhushan Akolkar
Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fiction novels and sometimes explores his culinary skills.
Analysis
SpaceX Stock Slides as Credit Risk Hits Record on $40B Debt Plan
Key Insights
SpaceX stock retreated after reports that it is raising $40 billion to buy Nvidia chips.
The company’s credit default swaps have continued widening.
Its bond...
Analysis
XRP Price Eyes $1.65 as Paxos Adds Institutional Trading
Key Insights
Paxos added XRP trading, custody, deposits and withdrawals to its institutional Crypto Brokerage platform.
Binance whale outflows reached 1.38 billion XRP over 30 days,...
Crypto
Russia Approves First Crypto Trading Operators and Custody Firms: Details
Key Insights:
Russia registered four crypto trading operators and five digital asset custodians under its new crypto law.
Sberbank joined Russia’s first custodian register and plans...
Crypto
Crypto News: U.S. Government Shifts 833 BTC and 40,285 BNB in New Transfers
Key Insights:
U.S.-linked wallets transferred 833.599 BTC worth $71.6M and 40,285 BNB worth $31.63M on Tuesday.
Transferred Bitcoin came from forfeited Potapenko/Turogin funds and coins seized...
Analysis
Ethereum Price Drops to $2.6K as ETF Outflows Trigger Liquidations
Key Insights
Ethereum price fell about 6.7% from its recent $2,806 high toward the $2,600 area.
U.S. spot Ethereum ETFs recorded roughly $202 million in net...
Analysis
BitMine Stock Forecast: Does a Sum-of-the-Parts Valuation Show Hidden Upside?
Key Insights
BitMine stock has pulled back in the past few weeks.
The sum-of-parts calculation shows that it has become highly undervalued.
Technicals suggest that the stock...
Analysis
CoreWeave Stock Forecast as Ray Dalio Explains Why AI Bubble May Burst
Key Insights
CoreWeave stock has formed a head-and-shoulders pattern.
Ray Dalio has warned that the AI bubble may burst soon.
Such a burst may lead to major...
Analysis
Nvidia Stock Hits Record as SpaceX Seeks $40B for AI Chips
Key Insights
Nvidia stock reached a record $243.37 intraday on Oct. 6 before closing near $239.
SpaceX is seeking about $40 billion in financing to purchase...
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