Solana Plummets 14% On Heels Of Spot Bitcoin ETF Delay Rumor, $640M Liquidation Cascade
Published by Benzinga Fears of a delay in Spot Bitcoin ETF approvals spurred the biggest cryptocurrency market dip in months.What Happened: Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are down 7% and 7.6%, respectively in the past 24 hours. Bitcoin…
Bitcoin plummets 7 per cent to under $42,000 in crypto crash a day after two-year high
Published by GB News (US) Bitcoin plunged to below $42,000 in a matter of minutes earlier this morning after previously reaching a two-year high. The cryptocurrency’s price has plummeted by 7.3 per cent in the last day, reaching as low…
Saudi Arabia’s Wealth Fund Tops Global Spending, Outflanking Singapore’s GIC
Published by Benzinga Saudi Arabia’s Public Investment Fund (PIF) has upstaged Singapore’s GIC to become the top spender among global sovereign wealth funds in 2023. What Happened: As per preliminary findings by Global SWF, a research consultancy, PIF contributed to…
What’s Going On With Blockchain Technology Company BTC Digital Today?
Published by Benzinga BTC Digital Ltd. (NASDAQ: BTCT) shares are down in the premarket session on Wednesday. On Tuesday, the company announced that it has entered into an asset purchase agreement with BITMAIN TECHNOLOGIES DELAWARE LIMITED to acquire 2,000 units…
Apple Suppliers See Share Price Drop As Barclays Downgrades iPhone Maker
Published by Benzinga In a recent development, shares of Apple’s (NASDAQ:AAPL) suppliers took a hit following Barclays downgrade of the tech behemoth due to a potential decrease in product demand in 2024. What Happened: CNBC reported on Tuesday that the…
Bitcoin Predicted To Touch $80K By Year-End: ‘Applicants Will Be Fighting Hard’ For ETF Approval, Says Top Asset Manager
Published by Benzinga In a recent prediction by AllianceBernstein, the value of Bitcoin (CRYPTO: BTC) is expected to reach a new peak of $80,000 by the end of 2024. What Happened: AllianceBernstein analysts Gautam Chhugani and Mahika Sapra have forecasted…
China Targets Cryptocurrency In Fight Against Corruption: Focus On Cold Storage, Virtual Currencies
In a significant development, Chinese official media has highlighted the growing concern over corrupt officials using cryptocurrency cold storage to illicitly transfer and transact funds internationally. This issue was a key focus at the annual meeting of the China Integrity…
‘You Can’t Kill It’: Jim Cramer’s Take On Bitcoin Is Very Different Today Than In December 2022
When Jim Cramer speaks, the market listens, and now he’s shifting his stance on Bitcoin (CRYPTO: BTC) and his outlook on the apex cryptocurrency. What Happened: While appearing on CNBC on Tuesday, Cramer,who once suggested that investors should exit crypto…
5E Advanced Materials Begins Boron Mining; Higher Short Interest in American Battery; Unusual BHP Options
Published by Benzinga Top Stories for Jan. 2, 2024: 1. The boron and lithium company 5E Advanced Materials, Inc. (NASDAQ: FEAM) announced that it has officially started its mining operations at its 5E Boron Americas Complex with the wellfield injection…
S&P, Nasdaq end down on first session of 2024 as Apple, big tech weighs
Published by Reuters By David French (Reuters) -The S&P 500 and Nasdaq Composite ended the first trading session of 2024 lower, weighed by Apple shares falling after a broker downgrade and declines among other big-tech names triggered by a move…