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BlackRock IBIT investors are now nursing a 40% loss

2024 was a massive turning point for crypto. After years of regulatory back and forth, a few of the biggest asset managers in the world were allowed to offer spot Bitcoin (BTC) exchange-traded funds (ETFs).

Markets

Sharplink Resumes Ethereum Purchases

For the first time in eight months, crypto treasury firm Sharplink (NASDAQ: $SBET) has bought Ethereum (CRYPTO: $ETH).

Markets

World stocks edge lower as tech selloff drags markets

NEW YORK, June 26 (Reuters) - Global equity markets edged lower on Friday and were set for a weekly decline, as continued profit-taking drove a selloff in technology and chip ‌stocks, while crude oil prices slumped as m…

Markets

Why Acadia Pharmaceuticals Stock Is Soaring Today

Already recovering from weakness suffered early this year, Acadia Pharmaceuticals (NASDAQ: ACAD) shares were outright catapulted higher today. Indeed, the pharmaceutical stock's 12.2% gain as of 12:17 p.m. ET Friday has…

Markets

Is SpaceX Overvalued Right Now?

The Space Exploration Technologies (NASDAQ: SPCX) IPO was the biggest, and arguably the most divisive, in history. It raised about $75 billion, and for a brief period on June 16, it surpassed Microsoft and Amazon -- two…

Markets

Analyst Report: DuPont de Nemours Inc

DuPont de Nemours is a leading specialty chemicals company, formerly known as DowDuPont. With the spinoff of the electronics business, it now has two business segments: Healthcare & Water Technologies and Diversified In…

Markets

Dollar falls for second straight day but poised for weekly gain

NEW YORK, June 26 (Reuters) - The dollar slipped for a second straight session on Friday as recent economic data and a drop in oil prices cooled expectations for Federal Reserve rate hikes, although the ‌yen remained in…

Markets

SpaceX stock on track to shed 18% this week

SpaceX (SPCX) is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.

Markets

Bitmine Immersion Technologies Becomes Oversold (BMNR)

In trading on Thursday, shares of Bitmine Immersion Technologies Inc (Symbol: BMNR) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $13.065 per share. By comparison, the c…

Markets

Oversold Conditions For Ecovyst (ECVT)

In trading on Thursday, shares of Ecovyst Inc (Symbol: ECVT) entered into oversold territory, hitting an RSI reading of 27.4, after changing hands as low as $11.785 per share. By comparison, the current RSI reading of t…

Markets

Relative Strength Alert For Bluerock Private Real Estate Fund

In trading on Thursday, shares of Bluerock Private Real Estate Fund (Symbol: BPRE) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $13.78 per share. By comparison, the cur…

Markets

Dollar Weakens on Strength in Stocks and Lower Bond Yields

The dollar index (DXY00) today is down by -0.19%. The dollar is under pressure as today's stock rally has reduced liquidity demand for the dollar. Also, benign inflation news today may keep the Fed from tightening monet…

Markets

Circle Internet Group Enters Oversold Territory (CRCL)

In trading on Thursday, shares of Circle Internet Group Inc Class A (Symbol: CRCL) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $67.51 per share. By comparison, the cur…