Tag: Stock market

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U.S. Crypto Stocks Soar in Pre-Market Trading, MicroStrategy Tops $300

Crypto stocks in the U.S. are experiencing significant growth in pre-market trading, with bitcoin reaching a new all-time high above $82,000. This surge in the cryptocurrency market has led to a rise of more...
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D.O.G.E Memecoin Surges 100% with Elon Musk’s Trump Connection

A parody cryptocurrency named D.O.G.E memecoin has seen a significant 100% surge in value over the past 24 hours, leading to an increase in trading volumes and demand. This surge can be attributed to...
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Core Scientific’s Stock Jumps 18% with $2 Billion CoreWeave Deal

Core Scientific, a Bitcoin mining company, recently announced a significant deal with CoreWeave that will see an expansion of its high-performance computing (HPC) infrastructure. This agreement will allow CoreWeave to finance modifications to Core...
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Coinbase Earnings Threatened by Low Volume and Federal Headwinds, Analysts Warn

Coinbase's second-quarter earnings were considered solid by Wall Street analysts, despite a potential slowdown in the third quarter. The exchange reported total revenue of $1.45 billion, but revenue from transaction fees decreased by 27%.Analysts...
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Bitcoin Price Drops in Americas Following Tech Market Decline

Bitcoin's price has dropped to just above $64,000 in the Americas due to a stock market decline and weakening sentiment for risk assets. This led to over $250 million worth of bullish bets being...
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US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop

The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...
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Is Donald Trump Protecting Bitcoin from Tech Stock Decline?

Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...
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Liquidity Drives Global Market Movement in the US

The global market movement in the US is currently being driven by liquidity, according to recent reports. Liquidity refers to the ease with which assets can be bought or sold without causing a significant...
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Optimizing Portfolio Allocation Amid Whales’ Rolling Window: Assassins and Rate Cuts

Investors are closely watching the US election and the potential impact it may have on interest rate cuts and liquidity. The recent assassination attempt on Trump has solidified expectations for more rate cuts, which...
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Bitcoin: ‘Digital Gold’ and Economic Hedge, BlackRock CEO Emphasizes

BlackRock CEO Larry Fink recently reiterated his support for Bitcoin, referring to it as "digital gold" and highlighting its potential as a hedge against economic uncertainty. This statement came during a CNBC interview following...