The Global X MSCI Greece ETF (GREK) has delivered a strong 25% return year-to-date, outperforming European and global peers by nearly double. Despite this, it still trades at a 25-40% discount in valuation. GREK's portfolio is heavily weighted toward financials, particularly Greek banks, which face challenges from a tough credit environment and higher loan loss provisions. Additionally, Greece's upcoming reclassification to developed market status could lead to net outflows and increased volatility for GREK holdings. While short-term momentum looks positive, long-term technical indicators suggest the ETF may be overextended. The analyst maintains a hold rating, noting the attractive valuation but warning of sector headwinds and risks from institutional flows.
At Bitcoin Asia 2026 in Hong Kong, former Binance CEO Changpeng Zhao predicted Bitcoin will overtake gold's significance during the next bull market cycle. While gold's market cap is about $32.4 trillion, Bitcoin currently holds $1.6 trillion, with Z...
In 2026, the United States saw its share of Bitcoin's total mining hashrate decline by about 0.823%, losing roughly 55 exahash per second (EH/s), though it remains the largest miner globally. Meanwhile, China and Russia increased their share of the g...
Meta has agreed to an $18 billion legal settlement, which translates to about $1 billion per year—an amount negligible compared to its substantial revenue and earnings. The settlement resolves regulatory uncertainties, allowing Meta to focus on its c...
Genius Group, after selling its entire Bitcoin reserve to repay $8.5 million in debt, plans to rebuild its Bitcoin and AI treasuries to a combined $1.6 billion by fiscal year 2031. The company aims to grow total assets to $2 billion and will fund tre...
Veteran trader Peter Brandt revealed he remains long on Bitcoin even as the cryptocurrency struggles to break above the key resistance zone around $82,000. Bitcoin recently climbed above $80,000 but faced strong selling pressure, causing a pullback. ...
