Markets
BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday. What to know: Data shows that BlackRock’s IBIT, which holds over $53 billion in net assets, saw over $332 million leave the fund. Thursday's…
The broker initiated coverage of the stock with a buy rating and 60 euro price target. What to know: Canaccord initiated coverage of Northern Data with a buy rating and 60 euro ($62) price target. Northern Data is well positioned to…
The DXY index is up over 3% since the election and is following a trajectory similar to his first presidential term. What to know: The dollar and bitcoin both surged after November's U.S. presidential election. The dollar's rally matched that following…
On Friday, Jan. 3, 2025, bitcoin’s valuation ascended decisively beyond the $98,000 mark, contributing to a 2.52% expansion in the broader cryptocurrency market over the preceding 24 hours. While bitcoin exhibited a notable advance, it was dogecoin (DOGE) and cardano (ADA)…
Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022. What to know: The market cap of Tether's USDT slid almost 1.1% this week. Several European exchanges and Coinbase have…
The digital asset XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization, displacing the stablecoin tether (USDT). XRP Surpasses USDT’s Market Cap in 2025’s Early Rally As of Friday, Jan. 3, 2025, XRP has climbed back to third…
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week. What to know: XRP surged 11% to lead growth among majors as of Thursday, led by $1.3 billion worth of trading volumes on Korea-focused…
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum. What to know: MSTR's record call skew disappears in a sign…
Ether could more than double in price next year and reach at least $8,000, the report said. What to know: Ether is expected to outperform bitcoin next year, the report said. Steno said ether could rise to at least $8,000 in…
Macroeconomic concerns and rampant profit-taking are weighing on the crypto market as the year comes to an end. What to know: Bitcoin fell to the lowest price since the day it broke above $100,000. The slump is partially due to elevated…
George Soros called it Reflexivity, but most know it as a virtuous circle, and MicroStrategy's at the moment has been broken. What to know: MicroStrategy shares are down sharply since the announcement of its Nasdaq-100 inclusion and nearly 45% from their…
On Thursday, XRP is currently dancing at a price of $2.36 to $2.40 in the last hour, with a market valuation soaring to $137 billion and a 24-hour trading volume hitting $9.65 billion, bouncing between an intraday range of $2.16 to…