This week, Bitcoin ETFs in the US faced a tough time with over $1. 2 billion leaving these funds. On Friday alone, the eleven spot Bitcoin ETFs saw $366. 6 million flow out. BlackRock's iShares Bitcoin Trust had the biggest loss, with $268. 6 million leaving. Fidelity and Grayscale also saw big outflows. This was not a good week for Bitcoin ETFs, with only one small ...
Bitcoin's value has dropped significantly, reaching its lowest point in four months at $105, 700. The question on everyone's mind is: who is responsible for this sudden decline? It's not the large institutions. Instead, experts like JPMorgan suggest that long-term crypto investors, often referred to as crypto-native investors, are the ones selling off their Bitcoin i...
U. S. stock markets saw a slight rise on Thursday, with tech companies leading the charge. This uptick came after Taiwan Semiconductor Manufacturing Co. (TSMC) reported better-than-expected profits for the latest quarter. TSMC's Chief Financial Officer, Wendell Huang, mentioned that the demand for their advanced technologies is expected to remain strong through the e...
Truist Financial Corp recently made a notable investment in the Vanguard 0-3 Month Treasury Bill ETF (VBIL). They bought 108, 893 shares, worth about $8. 2 million, during the second quarter. This purchase makes them a small but significant stakeholder, owning around 0. 44% of the ETF. This isn't the only big investment in VBIL. Other major players have also been ac...
Nebius is a company that's been making waves in the world of artificial intelligence. It's not just any tech firm; it's one that's caught the eye of many investors. The stock price has been on a steady climb, but is it really ready to dominate the AI market? Let's break it down. Nebius has some impressive tech. It's been working on some cutting-edge AI projects that...
The U. S. electric vehicle (EV) market is at a crossroads. With federal incentives set to expire, the real test of consumer demand begins. These incentives, which have been around since 2008, have played a significant role in boosting EV sales. But now, automakers and investors are bracing for a potential slowdown. Many automakers have relied heavily on these incent...
Crypto prices are a bit lower today, but not by much. It's not a huge drop, just a small one. Gold, on the other hand, is doing better. In the last day, a lot of traders lost money. Over 153, 000 of them got liquidated, and the total loss was around $343 million. But not all coins are down. Some, like Aster, Mantle, and Zcash, are actually up. There's a lot happenin...
In the fast-moving world of cryptocurrency, some stocks are catching more attention than others. Let's dive into seven companies that are making headlines and see what makes them tick. First up, Robinhood Markets. This platform is known for making investing accessible to everyone. Users can trade stocks, ETFs, options, and even cryptocurrencies. With features like f...
Dave & Buster's Entertainment is a place where people go to eat, drink, and play games. It's like a big arcade combined with a restaurant. Recently, some financial experts have been talking about the company's stock. One group, Truist Financial, lowered their prediction for the stock's value from $27 to $22. They think the stock is worth about 3. 87% more than it is ...
Dogecoin, the popular meme coin, is currently trading around 26 cents. Its price movement is being closely watched as traders anticipate the Federal Reserve's upcoming interest rate decision. This decision is expected to have a significant impact on the cryptocurrency market, including Dogecoin. A well-known analyst recently shared insights on Dogecoin's performance...