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…
Mark Zuckerberg Resumes Massive Stock Sell-Off, Offloading Almost $428M In Meta Shares Since November
Published by Benzinga Mark Zuckerberg reportedly sold an eye-watering $428 million worth of Meta Platforms Inc. (NASDAQ:META) shares in the last two months of 2023, following a two-year pause. What Happened: Zuckerberg, who owns about 13% of Meta, sold shares…
Peter Schiff Warns Those Waiting For A Bitcoin ETF Approval Rally Might Be Left Disappointed: ‘Buy The Rumor, Sell The Rumor Of The News’
Published by Benzinga Economist and gold advocate Peter Schiff issued a pointed warning about the potential market reactions to an anticipated approval of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC). What Happened: He believes…
‘Rich Dad Poor Dad’ Robert Kiyosaki Wants You To ‘Pay Attention To Bitcoin Halving’ As King Crypto Flirts With $43K
Published by Benzinga ‘Rich Dad, Poor Dad’ author,Robert Kiyosaki, has directed his followers to closely monitor the forthcoming Bitcoin (CRYPTO: BTC) halving. What Happened: “A Bitcoin halving is fast approaching. Please pay attention to Bitcoin halving,†Kiyosaki posted on X….
Bitcoin, Ethereum, Dogecoin Plummet As $600M Longs Liquidated In A Single Day: Analyst Says ‘We Hold $41K And Pump To New Highs Towards $47K’
Published by Benzinga Major cryptocurrencies took a nosedive on Wednesday evening amid concerns about the possible approval of a spot Bitcoin ETF. What Happened: Data from Coinglass shows that in the past 24 hours, over $600 million worth of cryptocurrency…
Top Economist David Rosenberg Predicts 2024 Economic Downturn With Echoes Of 2007 And 2000: ‘Premature To Throw In The Recession Towel’
Published by Benzinga Acclaimed economist David Rosenberg has voiced concerns over an impending recession in 2024, which he believes may lead to stock market instability. What Happened: Rosenberg on Wednesday warned of a potential economic downturn. He highlighted that such…
Bitcoin ETF Could Be Just Days Away — Are You Ready?
Published by Benzinga Recent interactions between the U.S. Securities and Exchange Commission (SEC) and several major stock exchanges have sparked optimism about the potential approval of a much-anticipated spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). SEC staff attorneys from the…