Stocks making the biggest moves midday: DRI, MU, LW, HIMS admin, December 19, 2024 Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims… Continue Reading
Pioneering Expansion through Stablecoin Restructuring – admin, December 19, 2024 Tether: Pioneering Expansion through Stablecoin Restructuring Renowned as the global leader in stablecoin operations, Tether recently unveiled a significant overhaul of its business framework. This Tether stablecoin restructuring involves the establishment of four novel divisions – Tether Data, Tether Finance, Tether Power, and Tether Edu. The restructuring embodies an integral… Continue Reading
Bitget Token Explained: A Guide to BGB admin, December 19, 2024 BGB is the native utility token of the Bitget exchange, which was launched on 26 July 2021. Built as an ERC-20 token on Ethereum, it ensures compatibility with decentralized applications and wallets on the network. BGB enhances the Bitget ecosystem […] The post Bitget Token Explained: A Guide to BGB… Continue Reading
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday admin, December 19, 2024 A television station broadcasts the Federal Reserve’s interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images Wall Street’s fear gauge — the VIX — spiked by the second biggest percentage in… Continue Reading
2 reasons why Bitcoin and other crypto just crashed admin, December 19, 2024 It was a sea of red in the crypto industry as Bitcoin price dropped below $100,000 briefly and the crypto fear and greed index moved from the extreme greed zone of 88 to 69. So, why did crypto crash this week? Bitcoin (BTC), he largest cryptocurrency, was trading at $102,300… Continue Reading
Stocks making the biggest moves premarket: MU, LW, DRI admin, December 19, 2024 Check out the companies making headlines before the bell. Micron — The chip stock plunged nearly 13% in premarket trading after the chipmaker issued weaker-than-expected second-quarter guidance. First-quarter revenue was inline with analysts’ expectations, while earnings topped estimates, however. Lamb Weston — Shares of the frozen potato maker sank 18% after… Continue Reading
Bank of England leaves rates unchanged as inflation climbs to eight-month high admin, December 19, 2024 Key Takeaways The Bank of England kept its interest rate at 4.75% as UK inflation rose to an eight-month high. Higher transportation and housing costs are significant contributors to the recent rise in UK inflation. Share this article The Bank of England (BoE) has decided to keep interest rate cuts… Continue Reading
Decoding MicroStrategy’s Bitcoin Strategy: Ponzi Scheme or Genius Investment? admin, December 19, 2024 In the world of finance, where traditional investments like stocks and bonds have long been the norm, MicroStrategy’s bold move into Bitcoin has stirred significant debate. At the heart of this debate are figures like Peter Schiff, known for his skepticism towards cryptocurrencies, and Michael Saylor, CEO of MicroStrategy, who… Continue Reading
What is the Bitcoin Puell Multiple Indicator and How Does It Work? admin, December 19, 2024 In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is the Puell Multiple. Originally created by David Puell, this metric examines Bitcoin’s valuation through the lens of… Continue Reading
Crypto Expert Predicts Major Altcoin Season As Market Cap Eyes Record Levels admin, December 19, 2024 Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for… Continue Reading