Bloomberg analyst Eric Balchunas predicts U.S. spot Bitcoin ETFs will eventually reach new record highs, following a pattern similar to gold ETFs which experienced cycles of gains and drawdowns before reclaiming top status. Despite recent price drops and ETF outflows, long-term Bitcoin holders remain largely committed, suggesting resilience. However, rising oil prices and geopolitical tensions in West Asia could limit Bitcoin's upside in the near term. Investors should watch for potential shifts in long-term holder behavior and broader market impacts from energy shocks.
Czechoslovak Group (CSG) has entered the space sector by acquiring a 9.5% equity stake in MDA Space Ltd., making it the largest shareholder. MDA Space is a leading global space technology company listed on the Toronto and New York stock exchanges. Th...
About $803 million in leveraged cryptocurrency positions were liquidated within 24 hours ending early Oct. 13, driven by a sharp semiconductor selloff in Asia that pressured risk assets. Long positions made up 86% of the liquidations, impacting over ...
Benjamin C. Barry recommends buying the SGOV ETF for cash needed within 12 months due to its nearly 4% yield and low price volatility, making it suitable amid interest rate uncertainty. He rates the TLT ETF a Hold because, despite its attractive 5.7%...
Sushi CEO Alex McCurry proposed that Sushi consider acquiring Blur following Blur's announcement to retire its blur.io front end and stop matching new loans on Blend starting November 12. Despite these front-end changes, Blur's on-chain marketplace p...
On October 13, Ether (ETH) short liquidations reached $10.25 million within an hour as the cryptocurrency's price increased by 0.75%, moving from $2,511 to $2,530. This liquidation activity was recorded across three major exchanges: Binance, Bybit, a...
