Greenfire Resources (NYSE:GFR – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.22), Zacks reports. The business had revenue of $100.73 million during the quarter. Greenfire Resources had a net margin of 20.20% and a [...]
"I have the desire, but not the means. The Eid market is now beyond the reach of the lower-middle class and the poor."With a sigh of frustration, Salma Begum, aged 55 captured the quiet struggle many families in the capital are facing as Eid approaches. Travelling from the Paltan area to the crowded lanes of New Market, she had hoped to buy new clothes for her children ahead of the festival.Instead, she found herself repeatedly checking price tags, pausing at shop windows and reconsidering almost every purchase."I promised my children new dresses for Eid," she said, moving slowly through the
Bangladesh's economy is facing mounting pressure as persistent inflation, weak revenue mobilisation, sluggish development spending and declining investment expose deeper structural weaknesses, economists have warned, cautioning that recent fiscal performance reflects significant implementation gaps.Revenue mobilisation grew by only 12.9 per cent during July-January of the 2025-26 fiscal year-far below the government's ambitious annual target of 34.5 per cent. To achieve the target, revenue collection would need to increase by an extraordinary 59.4 per cent during the remaining five months of the fiscal year from February to June, a prospect economists consider highly unlikely under current economic conditions."A revenue shortfall of
JPMorgan, Goldman Sachs, Citadel, and dozens of elite hedge funds are quietly building billion-dollar operations in Dallas, Miami, and Dubai — and New York's new socialist mayor may have just accelerated the timeline for good.
Gold price dropped 3% this week to about $5,032, after touching a record $5,420 during the US–Iran war, putting the gold price forecast under intense focus. Rising U.S. Treasury yields near 4.29% and a stronger U.S. Dollar Index above 100.40 are pressuring gold prices. Higher yields increase the opportunity cost of holding bullion. Meanwhile, oil prices above $113 are fueling inflation fears. Traders are closely watching the $5,046 support level. If safe-haven demand returns, analysts say gold could rebound toward $5,280–$5,448 in the near term. Otherwise, volatility may continue in the global gold market.
A Bitcoin miner AI shift may push public Bitcoin miners to sell BTC treasury holdings as mining economics weaken and firms invest in AI and HPC infrastructure.
The futures contracts are now testing a key base
Aditya Birla Group Chairman Kumar Mangalam Birla, who was named Entrepreneur of the Decade at CNBC-TV18’s India Business Leader Awards, said a key lesson from his father Aditya Vikram Birla has guided him throughout his career — never take shortcuts.
BTC Digital Ltd. (NASDAQ:BTCT – Get Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 311,992 shares, a decrease of 42.2% from the February 12th total of 539,703 shares. Based on an average daily volume of 33,589 shares, [...]
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The past week recorded a significant change in the Bitcoin price action, where there was a momentum-driven rally to the upside of the charts. As of Tuesday, March 10, this move had boosted the flagship cryptocurrency tp reclaim its previous psychological $70,000 level. Interestingly, the Bitcoin price would go on to reach about $74,000 on Friday. While this might be good for Bitcoin, if at all in the short term, data from a recent on-chain evaluation has been published, leading to the suspicious conclusion that Bitcoin’s market participants are currently not as enthusiastic as they should be. Related Reading: Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How Negative Funding Rates On Binance Reveal Increasing Short Positioning In an X post on March 13, pseudonymous on-chain analyst Darkfost reveals that there is a widespread wave of cautious pessimism in the Bitcoin market, despite the most recent bullish performance. As noted by the crypto expert, every rebound of the BTC price seen in March seems merely to be opportunities for short positioning, rather than clear recovery movements. For this reason, there has been a progressive display of negative funding rates on the Binance exchange for close to a week, as shown by the Bitcoin: Funding Rates – Binance metric. Darkfost points out that this is reflected in the extreme readings obtained on the Funding Rates metric, with funding rates slipping under -0.006 both on the 10th and 11th of March. According to the analyst, this significantly negative level indicates that most of the positions currently open on Binance are biased towards shorts, as high skepticism remains among investors on the tenability of Bitcoin’s recovery taking place in the near-term. Related Reading: Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts Extreme Bearish Sentiment Could Trigger Counterintuitive Bullish Move Interestingly, Darkfost references historical data to explain that the Bitcoin market could still see a sharp inflow of bullish momentum. This is because, when most traders open clusters of short positions, they open the market to an increasing possibility of a short squeeze. According to history, Darkfost explains that “when funding rates reach extreme levels or when a strong market consensus forms, it is often too late to position in that direction.” Hence, in the scenario where the Bitcoin price can sustain its recent upside movement, a short squeeze would likely occur. As a result, all of the sell-side liquidity currently sitting above Bitcoin’s market price would become converted to fuel for the upside move, and this in turn could cause the liquidation of even more short positions, further reinforcing the bullish move. Barring a definite move occurring, market participants are therefore advised to retain a more cautious stance in their dealings. As of press time, the Bitcoin price trades at $70,852 following a 1.09% loss over the past 24-hours. Featured image from Unsplash, chart from Tradingview.com