Investing

Cathie Wood’s Ark Invest Buys Another $15M of its Spot Bitcoin ETF Shares

Last updated:January 19, 2024 03:24 EST | 1 min read Source: Google Finance / Hongji FengCathie Wood’s Ark Invest has continued to buy its own ARK 21Shares spot Bitcoin exchange-traded fund (ETF) worth $15 million. Cathie Wood and Ark Invest’s trade activity from today 1/18 pic.twitter.com/zFT4XXbstM — Ark Invest Daily (@ArkkDaily) January 19, 2024 According […]

Cathie Wood’s Ark Invest Buys Another $15M of its Spot Bitcoin ETF Shares Read More »

TUSD Says Recent Depegging is Related to Binance Launchpool Activities

Last updated:January 18, 2024 03:24 EST | 2 min read Image Source: PixabayTrueUSD (TUSD) has clarified that the recent depegging of its value from the US dollar is associated with activities on Binance Launchpool. In a recent post on X (formerly Twitter), the TUSD team said they “have observed recent community mining activities associated with

TUSD Says Recent Depegging is Related to Binance Launchpool Activities Read More »

Houston, we have a Virgin Galactic problem, strategist says

As geopolitical risks and investment in scientific advancements for space exploration continue, many investors are curious how to manage their portfolios to capitalize on potential aerospace winners.Yahoo Finance has investors covered with this edition of Good Buy or Goodbye, as Kevin Mahn, Hennion & Walsh CIO, provides insight into which companies may have the best

Houston, we have a Virgin Galactic problem, strategist says Read More »

U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure

Last updated:January 17, 2024 02:03 EST | 2 min read Source: iStock/pichet_wSince their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days. According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded an

U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure Read More »

Will airline stocks recover? What is the outlook?

Key Points Airline stocks continue to recover from robust travel demand as consumers shift discretionary spending from goods to services. Leisure travel growth is outpacing business travel in the post-pandemic era. New two to five-year contracts with the labor unions for its pilots, flight attendants and ground crew will cost each major airline billions more

Will airline stocks recover? What is the outlook? Read More »

Cryptos Are “Not Exactly Money”: IMF Chief Kristalina Georgieva

Last updated:January 16, 2024 04:02 EST | 1 min read Source: AdobeStock / Kristina Blokhin Kristalina Georgieva, managing director of the International Monetary Fund (IMF), does not see cryptos anywhere near the Dollar in stature. Despite the US SEC’s recent green light to a total of 11 spot Bitcoin exchange-traded funds (ETFs), Georgieva emphasized that

Cryptos Are “Not Exactly Money”: IMF Chief Kristalina Georgieva Read More »