BTCS Inc. (NASDAQ:BTCS) shares jumped 10% in Monday’s regular trading after the blockchain technology company announced a blockchain dividend in Ethereum (CRYPTO: ETH), a first for publicly traded companies.
Veteran investor Ross Gerber slammed companies like Strategy Inc. (NASDAQ:MSTR) for selling stock to the public to purchase Bitcoin (CRYPTO: BTC), warning that such an approach could “nuke” t
Shares of the newly branded ETHZilla Corp. (NASDAQ:ETHZ) sank over 4% in Monday's after-hours trading amid a dip in Ethereum (CRYPTO: ETH), its primary treasury asset.
Bitcoin (CRYPTO: BTC) maximalists typically call their coin "digital gold." But Tom Lee, Fundstrat co-founder and now chairman of Bitmine Immersion Technologies
BitMine Immersion Technologies (AMEX:BMNR) disclosed that its crypto holdings have exceeded $6.61 billion, including 1.52 million Ethereum (CRYPTO: ETH) tokens, making it the world's largest Ethereum treasury and the
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Mexican business magnate Ricardo Salinas Pliego has been a strong Bitcoin (CRYPTO: BTC) advocate for years and recently considered allocating the entirety of his wealth to the top cryptocurrency.
Cryptocurrencies are on the rise, but this time it's Ethereum, not Bitcoin, making the headlines. These 3 stocks are making new highs thanks to ETH strategies.
Strategy (NASDAQ:MSTR) is lagging Bitcoin (CRYPTO: BTC) despite BTC hitting all-time highs this week, raising concerns among traders about whether investing in the leading Bitcoin treasury company
Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) fell 3.2% in the morning session after a nearly 4% drop in Bitcoin's price weighed on crypto-related stocks, amid growing concerns over the company's valuation and fundamentals. The downturn in Bitcoin was linked to a hotter-than-expected Producer Price Index (PPI) report, a key measure of inflation that can influence investor sentiment towards riskier assets. This macro news compounded existing investor worries specific to Strategy.
Nu Holdings Ltd. (NYSE:NU) shares are trading nearly 10% higher in Friday's pre-market trading, even as the company reported mixed earnings for the second quarter. NU is surging to new heights. Get the scoop here.
BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday's after-hours trading after the cryptocurrency mining company's half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here.
180 Life Sciences Corp. (NASDAQ:ATNF) shares slid 1.45% in after-hours trading on Thursday, coinciding with the decline of the company's primary reserve asset, Ethereum (CRYPTO: ETH).
A number of stocks fell in the morning session after markets pulled back as a hotter-than-expected wholesale inflation report for July dampened hopes for a Federal Reserve interest rate cut. The U.S. Producer Price Index (PPI), a key measure of wholesale inflation, rose 0.9% month-over-month in July, far exceeding the 0.2% increase that economists had predicted. Annually, prices at the wholesale level jumped 3.3%, also surpassing the 2.5% forecast. This hotter-than-expected data has poured cold water on widespread expectations for an interest rate cut from the Federal Reserve next month. Persistent inflation makes it less likely for the central bank to ease monetary policy. Sectors with high-growth stocks, such as SaaS, are particularly sensitive to interest rate changes, as the prospect of higher rates for longer can diminish the present value of their future earnings, leading to a decline in stock prices.
