Bitcoin ETF Hurdles: Cash Redemptions, Hard Forks, Authorized Participant Disclosure Discussions With SEC
Published by Benzinga Even as firms seeking approval for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) held several rounds of meetings with the U.S. Securities and Exchange Commission (SEC), the discussions have revolved around the model of redemption, hard…
Visa’s Web3 Play: A New Era For Customer Engagement?
Published by Benzinga Payments giant Visa Inc (NYSE: V) Thursday announced the launch of its Web3 Loyalty Engagement Solution, a pioneering service designed to transform customer engagement and loyalty in the digital era. This new platform offers an innovative approach…
EXCLUSIVE: Buy The Dip — There’s A Lot More Upside To Come, Says Marc Chaikin
Published by Benzinga Stocks have experienced a shaky beginning in 2024, with initial losses followed by slight gains on Thursday. However, Marc Chaikin, founder and CEO of Chaikin Analytics, believes that this does not signify an end to the rally…
Why Mobileye Global Shares Are Trading Lower By Over 23%? Here Are Other Stocks Moving In Thursday’s Mid-Day Session
Published by Benzinga Shares of Mobileye Global Inc. (NASDAQ: MBLY) fell sharply during Thursday’s session after the company issued preliminary FY23 financial results and initial 2024 guidance. For the fourth quarter, the company expects revenue of $634 million-$638 million (vs….
Grayscale And VanEck’s Latest SEC Filings Ignite Hopes For Spot ETF, Crypto Trader Projects Bitcoin Rally To $250,000
Published by Benzinga Grayscale, VanEck filed key paperwork indicating progress toward a spot ETF, prompting analysts to anticipate potential approvals starting as soon as this week. What Happened: Grayscale Bitcoin Trust (OTC: GBTC) on Thursday filed a Form 8-A registration…
Uncle Sam’s Crypto Stash: $8.3B Bitcoin Hoard Threatens Market Plunge
Published by Benzinga The U.S. government’s significant accumulation of Bitcoin (CRYPTO: BTC), currently valued at $8.3 billion, has raised concerns about potential market impacts if these holdings were to be liquidated. Over the last two years, U.S. authorities have seized…
Crypto Markets Stabilize With Sharp Decline In Liquidations, Yet Analysts Urge Caution
Published by Benzinga After an early plunge, Bitcoin (CRYPTO: BTC) staged a comeback while crypto liquidations shrank rapidly, although analysts see continued uncertainty over the market’s next move. What Happened: Data from Coinglass showed total liquidations collapsed to just $175…
Bitcoin Miner Marathon Digital Is Moving Higher Thursday: What’s Going On?
Published by Benzinga Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading higher Thursday after the company provided a Bitcoin (CRYPTO: BTC) production update for December. What Happened: Marathon reported record production of 1,853 bitcoin last month bringing total bitcoin…
Macro Guru Raoul Pal Foresees 20% Probability Of ‘Gigantic Bubble Cycle’ As Bitcoin Drops Over 5%
Published by Benzinga Macro guru and former Goldman Sachs executive Raoul Pal on Wednesday suggested the possibility of a bubble cycle emerging in the cryptocurrency sector. What Happened: According to Pal, there’s a “60% chance†we’re in a “regular cycle 
Vanguard Predicts Bonds To Make Strong Comeback: ‘Short-Term Pain Can Lead To Long-Term Gain’
Published by Benzinga After two years of negative returns, the bond market is experiencing a revival, and the credit goes to the Federal Reserve, as per Vanguard‘s analysis. What Happened: In their Wednesday note, Vanguard, the investment management company, has…