A US Bitcoin Reserve could push Bitcoin to $500,000, says Fundstrat
Fundstrat's Sean Farrell has been right all year — but how possible is $500K?
Fundstrat's Sean Farrell has been right all year — but how possible is $500K?
Shares of ServiceTitan rocketed higher on the company’s as investor appetite for its initial public offering surpassed expectations on its first day of trading.
The Vancouver City Council has approved a motion to explore the incorporation of Bitcoin into its financial systems.
At its annual shareholders meeting on Dec. 10, Microsoft investors will vote on whether or not the business can invest in Bitcoin (CRYPTO: BTC). Seeing the price of the digital asset soar 1,300% in the past five years and 140% just in 2024 (as of Dec. 9) is certainly drawing the attention of corporate executives who at least acknowledge that it might make sense to hold some Bitcoin on the balance sheet. While no proposal is on the docket for Apple (NASDAQ: AAPL), the world's most valuable company, I believe the consumer tech juggernaut should start thinking about the world's top cryptocurrency.
Alesia Haas explains what the new landscape will mean for crypto firms and traditional financial services institutions.
WBA ran into a trendline with historically bearish implications
Within footwear, newer brands that have already succeeded in DTC and social channels would likely be "interesting" targets for larger players.
Constellation Energy shares rose Thursday as Bank of America analysts upgraded the energy company's stock and lifted their price target.
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Cash in money markets rose by about $824 billion this year, according to Crane Data, dashing expectations it would find a home in stocks or bonds as the Federal Reserve began cutting rates. Proponents of the asset class have said they are happy earning rates of around 4% - far above the near-zero return cash was paying only a few years ago - with comparatively little risk. Cash in money markets stood at $7.124 trillion as of Dec. 5, according to Crane Data.