Tortoise Energy Infrastructure Corp (TYG) is rated a strong Hold because its discount to net asset value has shrunk to about 6.7%, reducing the margin of safety for investors despite solid asset quality and distribution coverage. The company offers diversification benefits with around 26% leverage and 44% allocation to power infrastructure, which may support forward returns compared to pure midstream peers. However, slower growth and potential net asset value erosion could limit upside, making alternatives like KYN or AMLP more attractive due to their larger discounts or no discount risk. Existing investors can expect mid to high single-digit total returns, but new investors might find better entry points elsewhere.
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,322, slightly down by 0.7%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK (+8.79%), TAO (+13.02%), and ICP (+12.70%) saw significant ...
Ethereum is trading near $2,498, maintaining a key breakout zone above $2,381. Analyst Bitcoin Meraklisi highlights that a confirmed breakout above $2,515 could push the price to $2,750 and potentially as high as $4,750 if momentum continues. Trading...
A hacker who stole Bitcoin through a Coldcard hardware wallet flaw has laundered about 97 BTC worth $7.8 million using THORChain and CoinJoin services. The theft exploited a firmware bug from 2021 that weakened wallet seed security, affecting over 1,...
Chainlink's LINK token surged to $13.07, up 7.1%, following a large wallet transfer of 620,420 LINK (worth $7.6 million) to Coinbase, part of $26 million moved over three weeks. The token shows strong technical momentum with a potential breakout abov...
XRP is trading near $1.41 with a market cap of $88.47 billion and shows a bullish trend as it holds above key moving averages. Analyst EGRAG CRYPTO's Elliott Wave analysis suggests possible long-term price targets ranging from $6.19 to $27, depending...
