Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”) recently pointed to Bitcoin’s robust performance during a crisis in the US banking sector as a strong sign that the premier cryptocurrency is leading a financial revolution. According to an article by The Daily Hodl, during […]

Cryptocurrencies surged more than a percent in the past 24 hours as markets cheered the Fed’s interest rate action, widely perceived to be the end of the Fed’s tightening cycle. The Fed on Wednesday raised the target range for the federal funds rate to 5.25 to 5.50 percent, the highest […]

Sentiment turned upbeat as markets digested the Fed’s action on expected lines, strong corporate earnings and brace for an interest rate action by the ECB. An assessment that the Fed’s tightening cycle was coming to a close bolstered market optimism. European benchmarks are trading with big gains. Wall Street Futures […]

Democratic U.S. presidential candidate Robert F. Kennedy Jr has not shied away from controversy nor discussing views that might not be aligned with mainstream narratives. One such topic: Bitcoin (BTC). Kennedy has admitted he is a Bitcoin bag holder, contradicting his earlier denial during a Miami conference. He claimed he […]

Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence, recently reiterated his belief that Bitcoin (BTC), the flagship cryptocurrency, could reach a staggering $100,000. However, he also issued a warning that Bitcoin might face a significant dip, potentially dropping below $20,000, before achieving this milestone. According to a report by […]

On July 21, 2023, Michael Novogratz, the founder and CEO of Galaxy Digital, appeared on “Squawk Box” and shared his insights on a range of topics, including the current state of the markets, the rise of artificial intelligence (AI), and the future of Bitcoin during a conversation with con-anchor Joe […]

Shares of automotive safety supplier Autoliv, Inc. (ALV) are rising more than 7% Friday morning after reporting second-quarter results, above analysts’ view. Net income in the second quarter declined to $53 million or $0.61 per share from $79 million or $0.91 per share in the same quarter a year ago. […]

In a recent interview on the Wolf of All Streets podcast, Mark Yusko, the Founder, CEO & CIO of Morgan Creek Capital, a crypto hedge fund, expressed his bullish outlook on Bitcoin (BTC). Yusko is also the Managing Partner of Morgan Creek Digital. Yusko’s optimism is rooted in his belief […]

Shares of Johnson & Johnson (JNJ) are rising more than 5% Thursday morning after reporting better-than-expected second-quarter results. Earnings for the second quarter rose to $5.144 billion or $1.96 per share from $4.814 billion or $1.80 per share in the same quarter a year ago. Excluding one-items, earnings were $7.358 […]

Shares of ABB Ltd. were gaining around 3 percent in the trading in Switzerland after the Swiss engineering company reported Thursday significantly higher profit in its second quarter on strong revenue growth. Orders, meanwhile, declined from last year. Looking ahead, the company said it sees growth in its third quarter, […]