Bitcoin has extended its recent bullish momentum, recently hitting $27K for the first time since June last year. On Friday, the dominant digital currency climbed to $27,028, marking a 6.5% increase in 24 hours.
First Republic shares rebounded off losses amid regional bank stock advancement after initially plunging 17% in Thursday’s extended trading. The San Francisco-based commercial bank recently secured a $30 billion rescue deal from several big banks in an unprecedented show of support.
Microsoft Corporation has launched Copilot, an OpenAI-powered AI assistant, to its popular business apps – Word, Excel, and PowerPoint. This assistive artificial intelligence technology seeks to enhance user experience.
Playboy Group has announced that it lost about $4.9 million in the value of the Ethereum assets it held last year. The parent company of Hugh Hefner’s Playboy confirms that the impairment loss came as a result of the crypto winter.