Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July. ARK Invest — one of 10 issuers of spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States — is taking profits from its Coinbase stash amid BTC’s failure to retest $70,000. Cathie Wood’s crypto investment firm…
As expected, the Nifty index rose above 25000.00, forming a new all-time high. During this morning’s Asian trading session, the German 40 index rose first to the 18575.3 level and formed a new weekly high. Nifty chart analysis As expected, the Nifty index rose above 25000.00, forming a new all-time high. The value of…
Key Takeaways Bitwise CIO Matt Hougan believes political endorsements could boost Bitcoin’s value. High-profile US politicians are advocating for Bitcoin as a strategic reserve asset. Share this article Bitwise’s Chief Investment Officer Matt Hougan believes that Bitcoin’s future could be far more bullish than previously anticipated, as key catalysts like government adoption, regulatory clarity, and…
August 1, 2024August 1, 2024 Sensex and Nifty reached a historic milestone on Thursday, 1st August. This marks the fifth consecutive record close for the equity benchmark indices. Nifty closed at 25,011, up 60 points, after touching an intraday high of 25,078. Sensex jumped 126 points to end at…
Procter & Gamble NYSE: PG is in the consumer staples sector and is by far the world’s largest company in the household products industry, with a market capitalization of over $350 billion. The next closest is Colgate-Palmolive NYSE: CL at just over $80 billion. The company released Q4 2024 and full-year financial results on July…
Source: Exchange Filings of Uno Minda Ltd Source link
Tether, the issuer of the USDT stablecoin, has announced impressive profits of $5.2 billion for the first half of 2024. In a July 31 report, Tether also revealed that its portfolio of US Treasuries is now valued at approximately $97.6 billion, a new all-time high. This positions Tether’s Treasury reserves as larger than those of all but 17 countries,…
Earlier this week, in an interview on CNBC’s “Power Lunch,” former U.S. SEC Chair Jay Clayton talked about the intricacies of crypto regulation, providing valuable insights into the SEC’s stance on digital assets and their development. The conversation covered a range of topics, from the political dynamics affecting the SEC chair to the emergence and…
MILAN (Reuters) – Ferrari (NYSE:) on Thursday raised its forecasts for its full-year revenues core earnings, after the luxury sports car maker beat estimates in the second quarter, supported by a richer product offer and increased demand for personalisations. The Italian company said in a statement it saw its adjusted earnings before interest, tax, depreciation…
Bitcoin’s Bollinger bandwidth has declined to 20% on the weekly chart, a level last seen days before BTC exited its then multi-month trading range of $25,000 to $32,000 in late October. Prices topped the $40,000 mark by year-end and rose to record highs above $70,000 in March this year. Source link