Shakeout

The recent price rally in Bitcoin (BTC) has brought a double-edged sword for miners, boosting network security but raising concerns about their long-term sustainability. While the hash rate, a measure of computing power dedicated…

The stock market rally fell sharply over the past week, but rebounded to close with solid gains, a change that could pave the way for a stronger advance. JPMorgan Chase and PNC Financial are competing to buy First Republic Bank (FRC)…