U.S. spot Bitcoin and Ethereum ETFs attracted over $1.1 billion in net inflows during the first week of August, indicating renewed institutional interest. Despite this, Bitcoin remains below $65,000 and Ethereum struggles near $1,900, as ETF buying is balanced by selling elsewhere and institutional strategies may not push prices immediately. The inflows suggest institutions are quietly accumulating rather than driving a price breakout, with key resistance levels ahead that will test if demand can sustain a rally. The market awaits whether continued ETF inflows can overcome selling pressure to push prices higher.
Toast CEO Aman Narang sold 138,000 shares of the company, raising $4.9 million. This sale comes as Toast's stock price has fallen 24%, signaling potential concerns or profit-taking by insiders. The move may impact investor sentiment and raise questio...
Amazon's stock surged 14% following a better-than-expected earnings report, significantly increasing Jeff Bezos' net worth by $25 billion. The strong financial performance highlights Amazon's continued growth and market strength. Investors are now ev...
Spot Bitcoin ETFs experienced inflows totaling $853.54 million in the past week, marking the best weekly performance since April. BlackRock's IBIT led with $693.5 million, followed by Fidelity's FBTC with $116.5 million. Despite a recent hack causing...
Braemar Hotels & Resorts (BHR) retains a 'Sell' rating due to concerns over its shrinking hotel portfolio and fully floating-rate debt, which increase earnings and liquidity risks. The company has crystallized a $480 million Ashford termination fee, ...
NioCorp Developments is considered a speculative Buy with a $6.50 price target, contingent on securing financing for its Elk Creek project. The project's valuation is heavily discounted due to significant construction and financing risks, with curren...
