Cathie Wood sells $70 million in soaring tech stocks, shifting focus on the market
Cathie Wood, the renowned founder and CEO of ARK Invest, known for her innovative investment strategies, is back in the news. This time, she has sold $70 million worth of shares in a prominent technology company (Tesla) that has shown great performance. This transaction occurs in a context where the technology sector continues to lead the gains in the markets.
The Nasdaq Composite, a key index for technology stocks, has posted an impressive 32.3% growth so far this year. On the other hand, Wood
Following recent moves in the cryptocurrency spot market, investors' portfolios are experiencing notable changes. Among them, the crypto portfolio of the President of the United States, Donald Trump, stands out, which is once again above $10.4 million dollars. According to data from Arkham Intelligence, their holdings in the TROG memecoin are the best performing. The latter is due to the explosive performance of the coin in recent days. Although in the period of 7 days the token shows red number
Millions of dollars in cryptocurrencies flow into Donald Trump's inauguration
Donald Trump, the new President of the United States, will officially take office on January 20, in an inauguration ceremony that aims to be global thanks to the presence of numerous international leaders. The tycoon intends to make his return to office a grand event and to do so he already has the support of the big technology companies.
Indeed, businesses and tycoons are showing their unconditional support for future President Donald Trump by making generous donations to the inaugural fund. T
Jerome Powell points out that the law does not allow the Fed to own Bitcoin
The last Federal Open Market Committee (FOMC) meeting of 2024 concluded on Wednesday. At the meeting, a further interest rate cut of 0.25% was agreed upon, as expected. During the customary press conference afterwards, Fed Chairman Jerome Powell stated that the law does not allow the central bank to own Bitcoin.
When asked by one of the reporters about the incorporation of BTC into the US strategic reserves, the official was reluctant. This latter fact makes it clear that 2025 could be marked b
The ongoing correction in the cryptocurrency market continues to cause major problems for investors, especially for leveraged derivatives traders. The latter lost $1.37 billion in the last 24 hours ending this Friday at 15:29 GMT. However, the bloodbath is not limited to this, but extends to the crypto stocks on the exchange. The shares of most companies directly or indirectly linked to Bitcoin are experiencing strong declines. Among the most striking are those of MicroStrategy, which show a -16
I’m DONE with Toma Token and their lies! After MONTHS of promises, hype, and being told this project was the next big thing, they pulled the ultimate scam. They made us believe we’d see real profits, and after all that waiting & Work, all I got was $1 (initially 0.05$ 🤡 )!
They manipulated their supply, inflated expectations, and tricked the community into investing. They played community with fake giveaways, false airdrops, and pumped the token just to dump it. Meanwhile, the developers and insiders walked away with investor's money while they’re left with scraps.
They betrayed their investors. This isn’t just a mistake – it’s outright THEFT. If you’re thinking about investing in Toma or any project like it, DON’T. Learn and don’t fall for their lies.
We need to hold these scammers accountable and protect the crypto community from being taken advantage of again! #TomaScam #CryptoFraud #Scamalert
SEC approves first combined Bitcoin and Ethereum ETFs
In a significant development for the US cryptocurrency market, the US Securities and Exchange Commission (SEC) has approved the first crypto index exchange-traded funds (ETFs) combining Bitcoin and Ethereum. These novel financial products have been introduced by asset managers Hashdex and Franklin Templeton, and are scheduled to launch in January.
Key details of the approved ETFs
The ETFs will be based on an index reflecting the market capitalizations of the two leading cryptocurrencies, with
Crypto.com CEO Meets Donald Trump at Mar-a-Lago: What Does This Mean for the Crypto Industry?
In a move that underscores the crypto industry’s growing interest in the political arena, Kris Marszalek, CEO of renowned exchange Crypto.com, held a meeting with former US President Donald Trump at Mar-a-Lago. This important meeting puts the digital asset sector at the center of political discussions as it prepares for a possible change of direction in the next administration.
A strategic meeting for the future of cryptocurrencies
According to early reports, the dialogue between Marszalek and
Markets are not safe: Jeremy Grantham warns of a recession
The Federal Reserve's (Fed) fight against inflation is shaping up to be one of the most remarkable victories in US history. The soft landing looks set to be consolidated in 2025 and the economy will continue its upward path after defeating inflation without the need for a recession. However, the legendary Jeremy Grantham warns of a major danger for the markets.
It is worth mentioning that this is not just an opinion, but one of the most respected in the financial world. This expert predicted f
Business magnate and technologist Elon Musk is recognized for his design and engineering work on Tesla vehicles and SpaceX rockets and his efforts to combat global warming. For his renewable energy work and advocacy, he has received several environmentalist awards, including the National Wildlife Federation's Connie Award [1] and a Global Green award .[2] In part for his contributions to space travel, Musk was elected a Fellow of the Royal Society in 2018, [3] was listed among the Time 100 Most
Hougan’s projected path to $200,000 is not a simple bet, but a vision based on visible facts. Growing adoption by institutions, validation by giants like BlackRock, educational advancements, and the possibility of the US strategically backing Bitcoin, paint a bullish picture.
In a world still adjusting to new financial technologies, Bitcoin is proving to be more than just a fad. It's a paradigm shift that could transform markets, governments and investments globally. Is the world ready for that shift? It seems some already are.
Bitcoin at $200,000? Proposed US 'strategic backing' could be the key
Bitcoin continues to cement its status as one of the most exciting investments of the past decade. In a year where it has reached all-time highs, Bitwise Asset Management Chief Investment Officer Matt Hougan sees an even brighter future for the cryptocurrency.
According to Hougan, Bitcoin could climb to $200,000 by next year. But what is driving this prediction and what role would the creation of a “strategic backstop” for Bitcoin by the US play?
Saylor explains his confidence in buying Bitcoin even above $100K
Over the past six weeks, MicroStrategy has shelled out billions of dollars to buy Bitcoin at a considerably high price. In fact, in the most recent purchase of 15,350 BTC (on December 16), the company paid $100,386 for each coin. Buying a volatile asset at a price close to all-time highs seems to defy theory, but the company has an explanation.
During an interview with CNBC, the company's CEO, Michael Saylor, explained the reasons for this approach. As is well known, logic dictates that risky a
Robert Kiyosaki celebrates Bitcoin as a democratic asset
Renowned Rich Dad Poor Dad author Robert Kiyosaki has once again caused a stir in the cryptocurrency community with a recent post on X (formerly Twitter). True to form, Kiyosaki not only shared his excitement about Bitcoin’s performance but also his thoughts on the structure and purpose of this revolutionary cryptocurrency.
YAY: BITCOIN holding above $106k. YAY again.
The rich get richer. Unfortunately I am guessing…. Fewer than 1 out of 8 million individuals can write a check for $106 k. Doe
Can Elon Musk steal the spotlight from Donald Trump in his administration?
Elon Musk and Donald Trump dominate the US media and business landscape. Their eccentric styles and ability to generate headlines keep them in the public spotlight.
Musk could eclipse Trump's prominence during his presidency. We will explore the strategies and dynamics that have marked the path of both leaders.
The power of the media: who controls the narrative better?
Musk and Trump dominate media control. Trump handles the press with experience. Musk masterfully uses social media to communi
SoftBank's $100 Billion Bet: What Does It Mean for Cryptocurrencies?
SoftBank, under the leadership of its visionary CEO Masayoshi Son, has announced an ambitious $100 billion investment plan in the United States. This move includes the creation of 100,000 jobs, focused primarily on artificial intelligence (AI) and the development of related infrastructure. But this strategy will not only impact traditional sectors, it could also redefine technological and financial trends and directly impact the cryptocurrency market.
Bitcoin to overtake gold in market cap by 2025, analyst says
Most loyal or at least impartial analysts think that Bitcoin will overtake gold in market capitalization. However, the vast majority of them assume that this will be over a longer period of time. For The Digital Chamber analyst Perianne Boring, this could happen as early as 2025.
In an interview with Fox Business, the expert stressed that the largest cryptocurrency could approach the market capitalization of gold very soon. However, she stresses that this depends on many factors, almost all of
Changpeng Zhao, better known as CZ, former CEO and co-founder of Binance, has proven to be much more than just a successful entrepreneur within the crypto space; his social media presence has become a key communication channel for the blockchain community. In one of his recent posts on social media network X, CZ sparked an interesting debate on whether his words were a simple update or a subtle strategy to increase interest in Binance Coin (BNB). Let’s analyze his post and what could be behind h
The GameFi sector is on the verge of extinction, according to a report
In 2022, when winter devastated the crypto world, the gamification of finance became a rapidly growing trend. Many analysts saw the combination of gaming and DeFi as something with enormous future potential. Just two years later, the GameFi sector is in a state of decline.
The latter is the result of research by the firm ChainPlay, which describes that the sector can practically be described as dead. A recently published report offers some details on the status of projects related to this area
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