Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to …
skolnes
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Altcoin
Analyst Says Just a Matter of Time Before Altcoin Season, Sees One Coin Mirroring Massive 2021 Solana Surge
by skolnesA closely followed analyst and trader thinks that altcoins are gearing up to have their time under the sun and outperform Bitcoin (BTC). Crypto strategist Ali Martinez tells his 72,200 …
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Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question …
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Today I’m having a look at Costco and Target; two fellow big box retailers. Shares of retail powerhouse Costco (COST) have risen about 63%% over the past year, while Target …
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Bitcoin News
Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios
by skolnesA survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 …
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The US Justice Department went after Visa (V) on Tuesday in a federal antitrust lawsuit alleging that the company illegally used the scale of its vast card processing network to …
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Bitcoin News
Argentina Rejects UN Pact for the Future as Milei Breaks With International Agenda
by skolnesThe government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana …
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Cryptocurrency News
Nvidia stock’s 20% drop is actually a good sign for the market, strategist says. Here’s why
by skolnesTony Roth, chief investment officer for Wilmington Trust Investment Advisors (MTB), spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check …
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On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom …
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Cryptocurrency News
Cathie Wood’s Ark Invest Buys $4.5M Of PayPal And $3.5M Of Pinterest Shares, Continues Offloading Palantir
by skolnesCathie Wood’s Ark Invest Buys $4.5M Of PayPal And $3.5M Of Pinterest Shares, Continues Offloading Palantir Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through …