Germany transfers about $40m in Bitcoin amid ongoing selloff – crypto.news
The German government has transferred 700 Bitcoin (BTC) worth approximately $40.47 million. The transaction is part of an ongoing trend in which governments have been consistently selling off their Bitcoin holdings since June. German Bitcoin Liquidations Continue According to blockchain data analytics platform Lookonchain, the German government has transferred an additional 700 BTC to cryptocurrency […]
Trump in line for extra SPAC payday despite $4.5 billion selloff – Yahoo Finance
(Bloomberg) – A rocky start for Trump Media and Technology Group stock has wiped out $4.5 billion in market value in just a few weeks. But they would have to lose much more than that to risk huge special bonuses on the ex-president and his corporate insiders. Most Read Articles on Bloomberg As part of […]
Genesis purchases $2.1B of Bitcoin following GBTC sell-off – Cointelegraph
Bankrupt crypto finance company Genesis sells approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) to acquire additional Bitcoin (BTC) as part of preparations to settle debts with creditors is reported to have been sold. According to recent Bloomberg reportOn April 2, Genesis liquidated approximately 36 million GBTC shares, valued at approximately $58.50 per share […]
These stocks were oversold during this week's sell-off and could be due for a bounce – CNBC
Stocks that have been under pressure this week could be poised for a rebound. Major stock averages rose on Friday, attempting to rebound from the previous session’s decline and the Dow Jones Industrial Average’s worst day since March 2023. Despite attempts at recovery, all three indexes are having a down week. Investors dealt with several […]
We're buying more of this health-care company amid an overdone sell-off – CNBC
Immediately after the opening bell, you purchase 140 shares of Abbott Laboratories for approximately $112. Following this transaction, the Jim Cramer Charitable Trust will own 700 shares of ABT, increasing the Company’s weight in the portfolio from 1.95% to 2.42%. We’re buying Abbott Laboratories on recent weakness as we continue to believe the market is […]
USD/JPY Selloff Continues Ahead of the FOMC Meeting – DailyFX
USD/JPY, FRB analysis Recommended by Richard Snow Forex News Trading Overview Yen looks vulnerable ahead of FOMC and all-important dot plot Ahead of this evening’s important FOMC decision, the yen continued to fall against the dollar in morning trading in London. Although there is no realistic expectation that the federal funds rate will change, market […]
Jim Cramer: It's not too late to buy this portfolio health-care stock after Friday's selloff – CNBC
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream weekdays at 10:20 a.m. ET. A recap of Monday’s key moments. U.S. stocks rose on Monday as the Nasdaq and S&P 500 looked to recover from weekly losses. Big gains were seen in tech stocks to start the new week. NVIDIA stock rose as Nvidia […]
Stock Market Today: Adobe Sell-Off Casts Pall On Tech Stocks; Coinbase Stock Reverses Higher – Investor's Business Daily
Stock prices at noon Friday were struggling, weighed down by earnings selling in Adobe stock. adobe (adobe) fell more than 10% on the stock market today, despite reporting strong earnings and sales growth on a quarterly basis. X Investors focused more on Adobe’s weak earnings outlook than on the news of its $25 billion stock […]
Nasdaq 100 futures rise after Tuesday's sell-off, investors await Powell's testimony: Live updates: Live updates – CNBC
3 hours ago Nvidia led gains in the S&P 500 and Nasdaq on Tuesday All three major stock indexes ended trading lower on Tuesday as tech stocks stalled. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite Index all traded negative for the second straight quarter, marking their worst one-day performance since February 13. […]
JPMorgan says GBTC sell-off 'behind us' as ETFs post record net outflow – Cointelegraph
Investors have likely finished taking most of their profits from Grayscale Bitcoin Trust (GBTC), easing pressure on Bitcoin (BTC) prices, according to JPMorgan analysts. There is a possibility that This comes after daily net outflows from U.S. physical Bitcoin exchange-traded funds (ETFs) hit a record high on their ninth day of trading. Analysts led by […]