Bitcoin ETFs More Likely ‘Off-Ramp For Whales’ Than ‘On-Ramp For Traditional Investors’: Analyst
Published by Benzinga Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) are emerging not as a gateway for mainstream investors but as an offramp for seasonedwhales, according to Schwab Network’s Oliver Renick. The stock market has undergone changes — valuations, a critical…
Wrapped Bitcoin’s Price Increased More Than 5% Within 24 hours
Published by Benzinga Over the past 24 hours, Wrapped Bitcoin’s (CRYPTO: WBTC) price has risen 5.75% to $41,969.00. This continues its positive trend over the past week where it has experienced a 1.0% gain, moving from $41,569.60 to its current…
Stocks Ease Despite Benign Inflation Data, Bitcoin Stages Comeback: What’s Driving Markets Friday?
Published by Benzinga Major stock indices were poised for a mixed session during midday trading in New York, with investors assessing another mild inflation report while taking note of personal spending growth that exceeded expectations. The Personal Consumption Expenditure (PCE)…
Bitcoin Halving Could Make 9 Of 11 Largest Public Miners Unprofitable: Analyst
Published by Benzinga The Bitcoin (CRYPTO: BTC) Halving in April could make nine of the 11 largest publicly traded Bitcoin miners unprofitable at a Bitcoin price of $40,000, according to a new Cantor Fitzgerald report. What Happened:A preview of the…
What’s Going On With Bitcoin-Miner Hut 8 Stock?
Published by Benzinga Hut 8 Corp. (NASDAQ:HUT) shares continue trading higher Friday after the stock gained nearly 15% on Thursday. Here’s a look at what’s going on. What To Know: Hut 8 announced the departure of its CCO Matt Prusak…
Bitcoin Health Rated A- By Lyn Alden: 5 Metrics That Make It ‘Highly Investable’
Published by Benzinga Bitcoin’s (CRYPTO: BTC) health received an A- from macro analyst and author of “Broken Money,” Lyn Alden of Lyn Alden Investment Strategy. She concluded the network is “highly investable, both in Bitcoin directly as an asset, and…
Court jails four internet fraudsters in Kaduna
Published by Daily Post (Nigeria) Justices A. Isiaka and A.A Bello of the Kaduna State High Court sitting in Kaduna have convicted and sentenced the quartet of Bilbert Sabo, Joy Righteous, Godwill Dikko and Ransom Joash Destiny to various jail…
Futures dip as Intel forecast weigh on chip stocks; inflation data eyed
Published by Reuters By Ankika Biswas and Johann M Cherian (Reuters) – U.S. stock index futures slipped on Friday as chip stocks sagged on a dour revenue forecast from Intel, while a crucial inflation print that could influence the Federal…
‘Swifties’ Outraged As AI-Generated Pornographic Images Of Taylor Swift Circulate Unfiltered On X, Spark Call For Stronger Regulation
Published by Benzinga AI-generated pornographic images of Taylor Swift have been circulating on social media, raising concerns about the potential misuse of AI technology. What Happened: The images, which depict the singer in sexually suggestive and explicit poses, were widely…
Crypto Analyst Foresees This ‘Dogecoin Rival’ To Surge Beyond $1: ‘Hat Stays On’
Published by Benzinga A pseudonymous cryptocurrency analyst, Bluntz, is casting a positive outlook on a ‘Dogecoin (CRYPTO: DOGE) rival’ that has seen an explosive increase. What Happened: Bluntz said that the Solana (CRYPTO: SOL) based meme token named Dogwifhat (CRYPTO:…