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Analysts Caution Traders to Reset Ether Price Expectations Amid ETF Launch 2 - Analysts Caution Traders to Reset Ether Price Expectations Amid ETF Launch

Analysts Caution Traders to Reset Ether Price Expectations Amid ETF Launch 2 - Analysts Caution Traders to Reset Ether Price Expectations Amid ETF Launch

Analysts Caution Traders to Reset Ether Price Expectations Amid ETF Launch

Crypto analysts are advising traders to adjust their expectations when it comes to predicting the price of Ether (ETH). With the recent launch of spot Ether exchange-traded funds (ETFs), many believe that historical trends may no longer serve as a…

byEditorial Board

July 24, 2024

Strong Debut for Ethereum ETFs Amid Grayscale Trust Outflows 2 - Strong Debut for Ethereum ETFs Amid Grayscale Trust Outflows

Strong Debut for Ethereum ETFs Amid Grayscale Trust Outflows 2 - Strong Debut for Ethereum ETFs Amid Grayscale Trust Outflows

Strong Debut for Ethereum ETFs Amid Grayscale Trust Outflows

Ethereum exchange-traded funds (ETFs) had a promising start, attracting $107 million on their debut day. This initial performance came despite a significant outflow from Grayscale’s Ethereum Trust, which lost over $484 million. According to data from Bloomberg, the overall inflows…

byEditorial Board

July 24, 2024

Ethereum ETFs Debut with Strong Inflows Amid Grayscale Outflows Marking a Shift in Market Dynamics 2 - Ethereum ETFs Debut with Strong Inflows Amid Grayscale Outflows, Marking a Shift in Market Dynamics

Ethereum ETFs Debut with Strong Inflows Amid Grayscale Outflows Marking a Shift in Market Dynamics 2 - Ethereum ETFs Debut with Strong Inflows Amid Grayscale Outflows, Marking a Shift in Market Dynamics

Ethereum ETFs Debut with Strong Inflows Amid Grayscale Outflows, Marking a Shift in Market Dynamics

Newly launched spot Ethereum exchange-traded funds (ETFs) experienced a strong start, with total net inflows reaching approximately $106.6 million on their first day of trading. This is particularly noteworthy as it came in the wake of significant outflows from Grayscale’s…

byEditorial Board

July 24, 2024

Coinbase Moves to Compel SEC Chair Genslers Private Emails in Ongoing Legal Battle 2 - Coinbase Moves to Compel SEC Chair Gensler's Private Emails in Ongoing Legal Battle

Coinbase Moves to Compel SEC Chair Genslers Private Emails in Ongoing Legal Battle 2 - Coinbase Moves to Compel SEC Chair Gensler's Private Emails in Ongoing Legal Battle

Coinbase Moves to Compel SEC Chair Gensler’s Private Emails in Ongoing Legal Battle

Coinbase has taken a significant step in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC) by filing a motion to compel the production of private emails from SEC Chair Gary Gensler. This motion seeks to focus…

byEditorial Board

July 24, 2024

BlackRock Faces 17 Billion in Asia Pacific Net Outflows Amid Strong Performance in Europe and the Americas 2 - BlackRock Faces $17 Billion in Asia-Pacific Net Outflows Amid Strong Performance in Europe and the Americas

BlackRock Faces 17 Billion in Asia Pacific Net Outflows Amid Strong Performance in Europe and the Americas 2 - BlackRock Faces $17 Billion in Asia-Pacific Net Outflows Amid Strong Performance in Europe and the Americas

BlackRock Faces $17 Billion in Asia-Pacific Net Outflows Amid Strong Performance in Europe and the Americas

In the first half of 2024, BlackRock, the largest asset manager globally, experienced significant financial challenges in the Asia-Pacific region, reporting $17 billion in net outflows. This decline starkly contrasts with its performance in Europe and the Americas, where the…

byEditorial Board

July 24, 2024

Citi Group Upgrades Coinbase to Buy Amid Optimistic Political Climate and Revenue Growth 2 - Citi Group Upgrades Coinbase to 'Buy' Amid Optimistic Political Climate and Revenue Growth

Citi Group Upgrades Coinbase to Buy Amid Optimistic Political Climate and Revenue Growth 2 - Citi Group Upgrades Coinbase to 'Buy' Amid Optimistic Political Climate and Revenue Growth

Citi Group Upgrades Coinbase to ‘Buy’ Amid Optimistic Political Climate and Revenue Growth

Investment bank Citi Group has decided to upgrade its outlook on Coinbase shares to a “buy,” citing a potential shift in U.S. politics and an increase in the company’s revenues as positive signs for investors. In a recent investor note,…

byEditorial Board

July 24, 2024

Coinbase Moves to Compel SEC to Release Documents in Ongoing Legal Battle Over Crypto Regulations 2 - Coinbase Moves to Compel SEC to Release Documents in Ongoing Legal Battle Over Crypto Regulations

Coinbase Moves to Compel SEC to Release Documents in Ongoing Legal Battle Over Crypto Regulations 2 - Coinbase Moves to Compel SEC to Release Documents in Ongoing Legal Battle Over Crypto Regulations

Coinbase Moves to Compel SEC to Release Documents in Ongoing Legal Battle Over Crypto Regulations

Coinbase has recently filed a motion aiming to compel the U.S. Securities and Exchange Commission (SEC) to provide crucial documents that the company claims are essential for its defense. This legal request, submitted in the Southern District Court of New…

byEditorial Board

July 24, 2024

Ethereum ETFs Make Strong Market Entrance with 1.08 Billion in Trading Volume 2 - Ethereum ETFs Make Strong Market Entrance with $1.08 Billion in Trading Volume

Ethereum ETFs Make Strong Market Entrance with 1.08 Billion in Trading Volume 2 - Ethereum ETFs Make Strong Market Entrance with $1.08 Billion in Trading Volume

Ethereum ETFs Make Strong Market Entrance with $1.08 Billion in Trading Volume

On July 23, spot Ethereum exchange-traded funds (ETFs) made a strong debut, generating approximately $1.08 billion in trading volume on their first day. This figure represents about 23% of the trading volume recorded by spot Bitcoin ETFs when they first…

byEditorial Board

July 24, 2024

Citi Research Upgrades Coinbase to Buy Following Optimistic Supreme Court Ruling on SEC Authority 2 - Citi Research Upgrades Coinbase to Buy Following Optimistic Supreme Court Ruling on SEC Authority

Citi Research Upgrades Coinbase to Buy Following Optimistic Supreme Court Ruling on SEC Authority 2 - Citi Research Upgrades Coinbase to Buy Following Optimistic Supreme Court Ruling on SEC Authority

Citi Research Upgrades Coinbase to Buy Following Optimistic Supreme Court Ruling on SEC Authority

Citi Research has announced a significant shift in its view on Coinbase, upgrading the stock from “neutral” to “buy” and setting a new price target of $345 per share. This optimistic outlook comes after a recent Supreme Court ruling that…

byEditorial Board

July 24, 2024

Blue Foundry Bancorp Welcomes John F. Kuntz to Board of Directors 2 - Blue Foundry Bancorp Welcomes John F. Kuntz to Board of Directors

Blue Foundry Bancorp Welcomes John F. Kuntz to Board of Directors 2 - Blue Foundry Bancorp Welcomes John F. Kuntz to Board of Directors

Blue Foundry Bancorp Welcomes John F. Kuntz to Board of Directors

Blue Foundry Bancorp has announced that John F. Kuntz, a seasoned legal and corporate expert, has been appointed to its board of directors, alongside its subsidiary, Blue Foundry Bank. This decision, effective immediately, has been met with positive sentiments from…

byEditorial Board

July 24, 2024

Crypto PAC Invests 1.7 Million in Arizona Democratic Candidates Ahead of Primaries 2 - Crypto PAC Invests $1.7 Million in Arizona Democratic Candidates Ahead of Primaries

Crypto PAC Invests 1.7 Million in Arizona Democratic Candidates Ahead of Primaries 2 - Crypto PAC Invests $1.7 Million in Arizona Democratic Candidates Ahead of Primaries

Crypto PAC Invests $1.7 Million in Arizona Democratic Candidates Ahead of Primaries

Protect Progress, a crypto-related political action committee (PAC), has recently announced significant media investments to support Democratic candidates in Arizona. With a total expenditure of $1.7 million, the PAC has dedicated approximately $415,000 to boost the campaign of Andrei Cherny,…

byEditorial Board

July 24, 2024

Veritex Holdings Declares 0.20 Quarterly Cash Dividend for Shareholders 2 - Veritex Holdings Declares $0.20 Quarterly Cash Dividend for Shareholders

Veritex Holdings Declares 0.20 Quarterly Cash Dividend for Shareholders 2 - Veritex Holdings Declares $0.20 Quarterly Cash Dividend for Shareholders

Veritex Holdings Declares $0.20 Quarterly Cash Dividend for Shareholders

Veritex Holdings, Inc. has announced a quarterly cash dividend of $0.20 per share on its common stock. This decision marks an important development for shareholders, providing them with a return on their investment. The dividend will be payable on or…

byEditorial Board

July 23, 2024

John Hancock Closed End Funds Reports Mixed Earnings for Q2 2024 Amid Cautious Optimism 2 - John Hancock Closed-End Funds Reports Mixed Earnings for Q2 2024 Amid Cautious Optimism

John Hancock Closed End Funds Reports Mixed Earnings for Q2 2024 Amid Cautious Optimism 2 - John Hancock Closed-End Funds Reports Mixed Earnings for Q2 2024 Amid Cautious Optimism

John Hancock Closed-End Funds Reports Mixed Earnings for Q2 2024 Amid Cautious Optimism

John Hancock Closed-End Funds recently shared their earnings data for the quarter ending June 30, 2024. The figures reveal a mixed performance compared to the same quarter from the previous year. The results included key details such as the net…

byEditorial Board

July 23, 2024

Investor Optimism Surges for Charles Schwab Amid Bullish Options Activity 2 - Investor Optimism Surges for Charles Schwab Amid Bullish Options Activity

Investor Optimism Surges for Charles Schwab Amid Bullish Options Activity 2 - Investor Optimism Surges for Charles Schwab Amid Bullish Options Activity

Investor Optimism Surges for Charles Schwab Amid Bullish Options Activity

Investors are showing a bullish interest in Charles Schwab (SCHW), as seen in recent options trading activity. Data from options history, tracked by Benzinga, indicates that significant capital has been put into bullish positions. The identity of these investors remains…

byEditorial Board

July 23, 2024

Bit Digital Sees 14.44 Surge in Short Interest Amid Mixed Market Sentiment 2 - Bit Digital Sees 14.44% Surge in Short Interest Amid Mixed Market Sentiment

Bit Digital Sees 14.44 Surge in Short Interest Amid Mixed Market Sentiment 2 - Bit Digital Sees 14.44% Surge in Short Interest Amid Mixed Market Sentiment

Bit Digital Sees 14.44% Surge in Short Interest Amid Mixed Market Sentiment

Bit Digital, a company trading under the NASDAQ symbol BTBT, has seen a significant increase in its short percent of float, rising by 14.44% since its last report. Currently, the company has approximately 22.86 million shares sold short, which makes…

byEditorial Board

July 23, 2024

Launch of Spot Ethereum ETFs Triggers Concerns Over Grayscales Ethereum Trust Outflows 2 - Launch of Spot Ethereum ETFs Triggers Concerns Over Grayscale's Ethereum Trust Outflows

Launch of Spot Ethereum ETFs Triggers Concerns Over Grayscales Ethereum Trust Outflows 2 - Launch of Spot Ethereum ETFs Triggers Concerns Over Grayscale's Ethereum Trust Outflows

Launch of Spot Ethereum ETFs Triggers Concerns Over Grayscale’s Ethereum Trust Outflows

The launch of spot Ethereum ETFs on Tuesday has the crypto market on alert, particularly regarding potential outflows from Grayscale’s Ethereum Trust (ETHE). This anxieties stem from a previous scenario in January, when the launch of spot Bitcoin ETFs led…

byEditorial Board

July 23, 2024

Shiba Inus Burn Rate Soars by 1947 Sparking Optimism Among Traders 2 - Shiba Inu's Burn Rate Soars by 1,947%, Sparking Optimism Among Traders

Shiba Inus Burn Rate Soars by 1947 Sparking Optimism Among Traders 2 - Shiba Inu's Burn Rate Soars by 1,947%, Sparking Optimism Among Traders

Shiba Inu’s Burn Rate Soars by 1,947%, Sparking Optimism Among Traders

Shiba Inu’s burn rate has seen a significant increase, rising by an incredible 1,947% in a recent 24-hour period, according to data from Shibburn. This surge equated to about 60.2 million coins being removed from circulation. The spike in burn…

byEditorial Board

July 23, 2024

Wealthy Investors Show Bullish Sentiment on Citigroup Despite Mixed Options Trading Activity 2 - Wealthy Investors Show Bullish Sentiment on Citigroup Despite Mixed Options Trading Activity

Wealthy Investors Show Bullish Sentiment on Citigroup Despite Mixed Options Trading Activity 2 - Wealthy Investors Show Bullish Sentiment on Citigroup Despite Mixed Options Trading Activity

Wealthy Investors Show Bullish Sentiment on Citigroup Despite Mixed Options Trading Activity

Recent options trading activity for Citigroup shows that wealthy investors, often referred to as “whales,” have adopted a noticeably positive outlook on the company. An analysis of 15 trades indicates that 53% of these options involve bullish positions, suggesting confidence…

byEditorial Board

July 23, 2024

Investors Show Increased Interest in Sea Limited Options Trading Amid Mixed Market Sentiment 2 - Investors Show Increased Interest in Sea Limited Options Trading Amid Mixed Market Sentiment

Investors Show Increased Interest in Sea Limited Options Trading Amid Mixed Market Sentiment 2 - Investors Show Increased Interest in Sea Limited Options Trading Amid Mixed Market Sentiment

Investors Show Increased Interest in Sea Limited Options Trading Amid Mixed Market Sentiment

Investors are showing a keen interest in options trading for Sea Limited (NYSE: SE), suggesting a notable shift in market sentiment. Extensive activity in options trading has been recorded by Benzinga, revealing that wealthy investors are leaning towards bullish positions.…

byEditorial Board

July 23, 2024

Investors Show Bearish Sentiment on Upstart Holdings Amid Options Trading Surge 2 - Investors Show Bearish Sentiment on Upstart Holdings Amid Options Trading Surge

Investors Show Bearish Sentiment on Upstart Holdings Amid Options Trading Surge 2 - Investors Show Bearish Sentiment on Upstart Holdings Amid Options Trading Surge

Investors Show Bearish Sentiment on Upstart Holdings Amid Options Trading Surge

Investors have recently adopted a bearish outlook on Upstart Holdings, trading under the ticker UPST. This trend has become evident through a review of public options activity, with significant findings noted today. Among these, it was revealed that a striking…

byEditorial Board

July 23, 2024