S&P 500 Inches Higher, Small-Cap Rally Stalls, Bitcoin Sinks: What’s Driving Markets Thursday?
Wall Street is navigating another quiet session characterized by low trading volumes in the post-holiday period. The S&P 500 index continues its gradual ascent toward retesting its all-time highs, edging up by just 0.1% as of midday trading in New…
Crypto Winter Deepens In India As Financial Intelligence Targets Binance, KuCoin
The Financial Intelligence Unit of India (FIU IND) has taken a significant regulatory step by issuing compliance show cause notices to nine major offshore Virtual Digital Assets Service Providers (VDA SPs). These notices are in response to the entities’ alleged…
Crypto Crackdown Looms in Argentina As Milei’s Bill Demands Full Disclosure
Published by Benzinga Argentina’s newly elected President Javier Milei has introduced a draft bill that could significantly impact cryptocurrency holders in the country. This legislation, part of a broader economic and political reform package, aims to incentivize Argentines to declare…
EXCLUSIVE: CoinDesk Is Ready For Mass Adoption Of Digital Assets, Managing Director Andrew Baehr Says
Published by Benzinga Following Bullish‘s acquisition of CoinDesk, Benzinga sat down with CoinDesk Indices managing director Andrew Baehr to reflect on this year and set the expectations for 2024. BZ: You have worked in traditional finance. Your generation is now…
AI ‘Unlikely’ To Replace Financial Advisors Due To ‘Fiduciary’ Issue
Published by Benzinga As artificial intelligence (AI) gains traction in the financial advisory sphere, a crucial dilemma emerges: can AI truly replace human financial advisors, particularly in light of the fiduciary responsibilities they bear? These thoughts were shared by Ben…
Solana Meme Coin Silly Dragon Slays Giants, Explodes 119%
Published by Benzinga In a week dominated by meme coins on the Solana (CRYPTO: SOL) blockchain, Silly Dragon (CRYPTO: SILLY) stole the spotlight with a meteoric rise. Silly Dragan soared to a new all-time high of $0.137 today, marking a…
What’s Going On With Bitcoin-Whale MicroStrategy Stock?
Published by Benzinga MicroStrategy Incorporated (NASDAQ: MSTR) shares are trending across social media Thursday and are listed as one of the top trending tickers on Yahoo Finance and Stocktwits. What To Know: On Wednesday, MIcroStrategy’s CEO Michael Saylorannounced the purchase…
Hut 8’s Options Frenzy: What You Need to Know
Published by Benzinga High-rolling investors have positioned themselves bullish on Hut 8 (NASDAQ:HUT), and it’s important for retail traders to take note.This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these…
Ethereum Hits $2,400 Following Jobless Claims Data; Bitcoin SV, Internet Computer Among Top Gainers
Published by Benzinga Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the $42,700 level on Thursday. Ethereum (CRYPTO: ETH), meanwhile, recorded sharp gains, trading above the key $2,400 mark this morning. Bitcoin SV (CRYPTO: BSV) was the…
Can Bitcoin (BTC) And Solana (SOL) Survive The Regulatory Storm? Investors Shift Focus To DeFi Tokens Amidst Uncertainty
Published by Benzinga Investors in crypto are increasingly turning their attention to decentralized finance (DeFi) tokens amidst regulatory uncertainties that loom over market giants like Bitcoin (BTC) and Solana (SOL). This shift in focus reflects a broader trend towards innovation…