Turmoil In The Red Sea: Why Zim Integrated Shipping Stock Is Sinking
Published by Benzinga Zim Integrated Shipping Services Ltd. (NYSE:ZIM) shares are trading lower Thursday as turmoil in the Red Sea creates uncertainty among shipping companies. The Details: Shipping giant Moller Maersk (OTCPK:AMKBY) shares are leading the industry lower after it…
SPY Next Higher Target $510
Published by Benzinga We had everything aligned yesterday for today and today was a good day. Bull market, short term up, all good. Today’s close was less good. I don’t think there’s much to do with that except that not…
What’s Going On With Bitcoin-Miner CleanSpark Stock?
Published by Benzinga CleanSpark, Inc. (NASDAQ:CLSK) shares are trading higher Thursday as Bitcoin (CRYPTO: BTC) trades above the $45,000 level. Here’s a look at what’s going on. What To Know: On Tuesday, CleanSpark announced it has entered into definitive agreements…
Wrapped Bitcoin Up More Than 4% In 24 hours
Published by Benzinga Wrapped Bitcoin’s (CRYPTO: WBTC) price has increased 4.82% over the past 24 hours to $45,037.00. Over the past week, WBTC has experienced an uptick of over 6.0%, moving from $42,417.42 to its current price. As it stands…
BlackRock, Fidelity Outperform Grayscale’s GBTC: 2 Key Metrics Where Rivals Have An Edge
Published by Benzinga Spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) offered by BlackRock Inc. (NYSE: BLK) and Fidelity are outperforming Grayscale’s GBTC. That’s according to a JPMorgan research report cited by Coindesk on Wednesday. Grayscale’s GBTC (OTC: GBTC) will likely…
Bitcoin and crypto explained: What beginners need to know
Published by PC World Bitcoin and blockchain are on everyone’s lips, but for many people they are a closed book. The topic is indeed complex. We’ll try to explain the most important terms as clearly as possible. Bitcoin (BTC) is…
Lockdown may have set productivity back 40 years, says OECD
Published by Euronews (English) The bleak prediction was put forward by the OECD in its February 2024 interim economic outlook: “Strengthening the Foundations for Growth.” The interim report looks at the global economic outlook and inflation forecasts for 2024, as…
Bakkt, Once In Limelight For Bitcoin Deal With Starbucks, Faces An Existential Crisis: ‘Might Not Be Able To Continue…’
Published by Benzinga Bakkt, a digital asset company in a filing with theSecurities and Exchange Commission (SEC) said that its liquidity may be insufficient to sustain operations over the next year. The firm said this is due to a “rapidly…
Cathie Wood’s Ark Invest Sheds $2.8M Worth Of Nvidia Shares Amid AI Hype, Picks Up Robinhood Stock Worth $1.3M
Published by Benzinga In a move that caught the attention of investors, Cathie Wood-led Ark Invest offloaded over $2.8 million worth of Nvidia (NASDAQ:NVDA) shares on Wednesday. This trade comes amid a flurry of discussions around Nvidia’s valuation and its…
Arthur Hayes is extremely bullish on Bitcoin price and predicts bailout measures from US banks
Bitcoin price prediction On the 6th, Arthur Hayes, former CEO of the crypto asset (virtual currency) exchange BitMEX, posted on X an extremely bullish scenario in which the price of Bitcoin could rise to $1 million (approximately 140 million yen)….