Cathie Wood’s Ark Invest Offloads $6.9M Worth of Coinbase, Robinhood Shares Each Amid Searing Bitcoin Rally — Nvidia Stock Also Shed
On Monday, Cathie Wood-led Ark Invest adjusted its portfolio, notably selling shares of cryptocurrency-related companies such as Robinhood Markets Inc (NASDAQ:HOOD) and Coinbase Global Inc (NASDAQ:COIN), amidst a significant rally in Bitcoin (CRYPTO: BTC) which soared past the $56,000 mark….
Possible ETF approval isn’t the only reason Ethereum outperforms Bitcoin: Bernstein | CoinDesk JAPAN
Ethereum has outperformed rival Bitcoin since the beginning of the year. Bernstein believes five ingredients are contributing to Ethereum’s recent rally. Increased activity in decentralized finance is a tailwind for the Ethereum network. Ethereum (ETH) has risen 33% since the…
Experts discuss the possibility that Bitcoin ETF assets will overtake gold ETFs
Is there a possibility that Bitcoin ETF will lose money? Bloomberg analyst Eric Balciunas said on the 26th that there is a “good chance†that the assets under management of Bitcoin (BTC) ETFs will exceed those of gold ETFs within…
Bitcoin soars to two-year high, on its way to breaking a record
The world’s largest cryptocurrency by market cap is rallying due to big investors’ growing appetite. Bitcoin’s price rose 10% in two days and was trading at more than $56,000 (€51,606), the highest since November 2021. The CoinDesk Bitcoin Price Index…
Bitcoin short loses $150 million — could be a sign of a “tremendous rally†| CoinDesk JAPAN
Bitcoin’s price rise has shaken up leveraged bearish bets. Analysts say Bitcoin is poised to enter a new bull market and rise ahead of the impending halving of mining rewards. Leveraged short bets on Bitcoin (BTC) lost more than $150…
Many People Believe That There’s Research Showing That Market Timing Doesn’t Work
Many people believe that there’s research showing that market timing doesn’t work. There isn’t. It’s a myth. There’s research showing … Read more
US barrels toward another government shutdown showdown: 4 essential reads
President Biden and Vice President Harris met on Feb. 27, 2024, with congressional leaders to avert a shutdown. AP Photo/Evan Vucci President Joe Biden summoned congressional leaders to the White House on Feb. 27, 2024, in a bid to avoid…
Bitcoin ‘Should Dump To 45K,’ Trader Says: ‘The Day Capo Goes Bullish Is The Day We Top’
Pseudonymous trader Capo of Crypto, notorious for making consistent bearish predictions, doubled down on another bearish call — much to the amusement of social media. What Happened: A screenshot from the trader’s Telegram group shows a prediction calling for Bitcoin…
S&P 500, Nasdaq 100 Dip, Small Caps Surge; Bitcoin Tops $57,000, 2 Biotech Stocks Skyrocket: What’s Driving Markets Tuesday?
On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF (NYSE:IWM) climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak…
MicroStrategy (MSTR) Now At $4.9 Billion In Unrealized Bitcoin Profit
Over the past several years,MicroStrategy Inc. (NASDAQ:MSTR) and its Chairman Michael Saylor have been buying hundreds of thousands of Bitcoins, and the investment has been extremely successful. In a Feb. 26 report, MicroStrategy disclosed its most recent purchase of Bitcoin….