$1.5M Bitcoin prediction firm Ark Invest calls market ‘too pessimistic’
According to ARK Invest's latest Bitcoin monthly report, the market may be overreacting, but the long-term outlook for Bitcoin remains positive.
According to ARK Invest's latest Bitcoin monthly report, the market may be overreacting, but the long-term outlook for Bitcoin remains positive.
Expensive stocks often command premium valuations because the market thinks their business models are exceptional. However, the downside is that high expectations are already baked into their prices, leaving little room for error if they stumble even slightly.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop..
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Inflation hit 2.8% in February, adding 0.2% instead of the 0.3% economists expected.
Investors are digesting better-than-expected inflation data and bracing for the next move in Trump's escalating trade war.
Consumer prices rose 2.8% from a year earlier, data revealed. It’s a deceleration from January, but doesn’t appear to be enough to warrant an immediate interest rate cut.
Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.
U.S. equities were mixed at midday as the markets weighed a better-than-expected report on inflation and more tariff news.