-
Yes, Bitcoin Above $100K Is Significant
Bitcoin finally ran through the much ballyhooed $100,000 level. The largest cryptocurrency has struggled to hold that level. But experts believe the significance of reaching that price point and the $2 trillion market capitalization should not be understated. Predictably, there are implications for a variety of ETFs, including spot bitcoin products like the VanEck Bitcoin ETF Trust (HODL). Leading up to Election Day, and as bitcoin ascended soon after, advisors and investors poured capital into ETFs like HODL. That confirms there’s ongoing enthusiasm for the crypto/ETF wrapper pairing. Favorable post-election ... (full story)
- Comments
- Subscribe
-
- Older Stories
From cnbc.com|Dec 10, 2024CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile ...
From blockchain-council.org|Dec 10, 2024Google’s Willow chip is a big step forward in quantum computing. With 105 qubits and advanced error correction, it shows how powerful quantum computers can become. This progress ...
From cnbc.com|Dec 10, 2024Michael Saylor, the billionaire bitcoin investor whose turned his company, MicroStrategy , into a high-risk proxy for the cryptocurrency, has been encouraging Microsoft to use ...
-
- Newer Stories
From youtube.com/markets|Dec 10, 2024"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. On the show today, Kraken Co-CEO David Ripley discusses the SEC, ...
From insight.factset.com|Dec 10, 2024The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of November 2024 is 2.7%. If 2.7% is the actual year-over-year ...
From bnnbloomberg.ca|Dec 10, 2024China is set to begin its annual economic work meeting on Wednesday to map out policies for next year, with top leaders hinting at more forceful stimulus amid the threat of a ...
- Story Stats
- Posted: Dec 10, 2024 4:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 117
