Kevin O’Leary Expresses Doubts About Bitcoin ETFs Despite Recent Success: ‘They Add No Value To Me’
Published by Benzinga Despite the recent success of Bitcoin ETFs, “Shark Tank†star and entrepreneur Kevin O’Leary has revealed his skepticism towards investing in them. What Happened: O’Leary has expressed concern over the fees charged by Bitcoin (CRYPTO: BTC) ETF…
Oil gains after US, UK strike on Houthis; U.S. yields falls after PPI
Published by Reuters UK By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices rose on Friday as some oil tankers diverted course from the Red Sea after overnight strikes by the U.S. and Britain on Houthi targets in Yemen, while U.S….
Cathie Wood Buys Bitcoin Futures ETF: Will Spot BTC ETFs Get Approved This Week?
Published by Benzinga Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company’s remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm’s Next Generation Internet Fund (ARKW) sold 2.25 million shares of GBTC and used some of…
Bitcoin ETFs Roar Onto Wall Street On Day 1, But Questions Linger About New Money
Published by Benzinga The debut of spot Bitcoin (CRYPTO: BTC) exchange-traded Funds (ETFs) in the U.S. marked a historic day in the cryptocurrency market, with the first day bringing $4.5 billion in trading volumes. This figure includes significant contributions from…
Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI
Published by Reuters By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after overnight strikes by the U.S. and Britain on Houthi targets in Yemen, while U.S….
Bitcoin ETFs Ignite A Tsunami, Threatening To Engulf Traditional Crypto Stocks
Published by Benzinga In a landmark move, the launch of Bitcoin (CRYPTO: BTC) spot exchange-traded Funds (ETFs) in the United States has opened a new chapter in cryptocurrency investment. This development, however, casts a shadow over crypto stocks like Coinbase…
Powerhouses America, China, Russia Race For Saudi Arabia’s Mineral Resources As Kingdom Positions Itself As A “Super Region”
Published by Benzinga In a race for critical mineral resources, global powerhouses such as the United States, China, and Russia are setting their sights on Saudi Arabia. The Kingdom is ramping up its mining sector investments, positioning itself as a…
Ethereum Co-Founder Vitalik Buterin Proposes A 33% Boost In Network’s Gas Limit
Published by Benzinga Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), has put forward a proposal to increase the Ethereum block gas limit by a substantial margin, which could augment the network’s capabilities. What Happened: According to a report by…
Trump-Era White House Communications Director Says He Wants To Be A ‘Ceremonial Buyer’ Of Bitcoin Spot ETFs
Published by Benzinga Anthony Scaramucci, the CEO of SkyBridge Capital and Donald Trump-Era White House Communications Director, expressed that he wishes to buy spot Bitcoin (CRYPTO: BTC) ETFs. His comments appeared shortly, on Wednesday, after the SEC gave a green…
Dollar firm as markets assess ambiguous US inflation data
Published by Reuters UK By Brigid Riley TOKYO (Reuters) -The dollar held steady against other major currencies on Friday, as investors weighed an ambiguous U.S. consumer price inflation report against market bets that the Federal Reserve will cut rates as…