Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week – Yahoo Finance
Written by Suzanne McGee and Hannah Lang (Reuters) – Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, according to BitMEX Research data, while the U.S. spot Bitcoin exchange-traded fund (ETF) group posted a There was a net outflow. Since the U.S. Securities and Exchange Commission approved new crypto ETFs in January, there has […]
Intervention threat curbs dollar's ascent towards new high on the yen – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The greenback dominated on Monday, with the yen anchored near multi-decade lows, although threats of currency intervention by Japanese authorities prevented it from heading further north. The yen was previously valued at 151.25 yen to the dollar, and last week it bottomed out at 151.86 yen, the lowest […]
Reddit's site will be 'more vibrant' post-IPO: WallStreetBets mod. – Yahoo Finance
Reddit (RDDT) went public on the New York Stock Exchange via an IPO on Thursday and closed its first full trading day on Friday, March 22nd. The participation of retail investors in meme stock trading, such as the surge in GameStop (GME) in early 2021, which the social media site’s “subreddit” or community page r/WallStreetBets […]
UnitedHealth's Change to process $14 billion in medical claims as services come online – Yahoo Finance
(Reuters) – UnitedHealth Group said on Friday that more than $14 billion in medical claims will soon be transferred to its division as multiple services that process medical claims are gradually brought online in the coming weeks following last month’s cyberattack. He said he expects it to start flowing through Change Healthcare. The Feb. 21 […]
Reddit IPO: How the social media stock is trading on day 2 – Yahoo Finance
Reddit (RDDT) entered its first full day of trading on the New York Stock Exchange on Thursday since its IPO. Despite soaring 48% in its market debut, investors remain wary of potential volatility stemming from the company’s decision to offer shares to investors without a lock-up period. Yahoo Finance Jared Bricle and sheena smith Break […]
Asian Stocks Retreat After US Shares Hit Record: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks retreated Friday as U.S. stocks hit another all-time high and investors parsed economic data for signals on the trajectory of interest rates around the world. Most Read Articles on Bloomberg Stock prices in Australia and South Korea fell, but Japanese stocks rose slightly. Hong Kong and China both started lower. The […]
House Republican budget calls for raising the retirement age for Social Security – Yahoo! Voices
WASHINGTON — A new budget proposal from a large and influential group of House Republicans includes raising the Social Security retirement age and restructuring Medicare for future retirees. The proposal is unlikely to pass this year, but it reflects how many Republicans will seek to govern if they win the 2024 election.and they fight President […]
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled – Yahoo Finance
Written by Suzanne McGee (Reuters) – Bitcoin continued to fall on Tuesday with record outflows from Grayscale’s Bitcoin Trust, accelerating the fund’s asset losses since converting to an exchange-traded fund this year. On Monday, when Bitcoin fell about 4%, the Grayscale ETF hit a record single-day outflow of $642.5 million, according to data from BitMEX […]
Stocks Gain Led by Japan on BOJ Rate Hike Momentum: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks rose led by Japanese shares, entering a week that includes policy decisions from the Bank of Japan and the Federal Reserve that are likely to determine the near-term direction of global markets. Most Read Articles on Bloomberg The MSCI Asia Pacific Index rose in Asian trading, supported by gains in Japan […]
MicroStrategy plans second convertible debt offering this month to buy more bitcoin – Yahoo Finance
Written by Medha Singh (Reuters) – MicroStrategy raises funds through convertible note offering to buy Bitcoin for second time within 10 days, as aggressive crypto investors look to increase exposure to the fast-growing cryptocurrency I’m making plans. The software company announced after the market closed on Wednesday that it would offer $500 million in convertible […]