MicroStrategy head and Bitcoin advocate Michael Saylor has highlighted major Bitcoin ETF milestone in his recent X (Twitter) post. He noted that more than 1 million (or 1 Nakamoto) BTC are held in spot Bitcoin exchange-traded funds (ETFs). “32 Bitcoin spot ETFs now hold 1 Nakamoto of BTC,” his post read. 32 #Bitcoin Spot ETFs...
On Monday, UBS raised its rating on shares of China International Marine Containers (SHE:000039), shifting from Neutral to Buy. The firm also increased the price target to RMB11.00, up from the previous RMB7.20. The upgrade comes with a positive outlook on the company\'s financial performance, anticipating a net profit increase of 2% for 2024 and...
The Japanese yen weakened against their major currencies in the Asian session on Wednesday, as markets expect currency intervention by Japanese authorities to prop up the currency ahead of this week\'s Bank of Japan policy meeting. Traders await the BOJ\'s two-day policy meeting starts on Thursday for cues on when the central bank will raise...
Michael Elbaz, the Chief Financial Officer of Airgain Inc . (NASDAQ:AIRG), a leading provider of advanced wireless connectivity technologies and systems, has recently sold a portion of his company stock, according to the latest regulatory filings. The transactions, which occurred on March 21, 2024, involved the sale of Airgain shares for a total value exceeding...
Richard Heart, whose real name is Richard Schueler, is accused of defrauding investors of more than $1 billion by selling unregistered securities. The SEC’s lawsuit alleges that Heart misused approximately $8.9 million of investor funds to purchase luxury items, including Ferraris, Gucci products, and a rare black diamond known as the Enigma, which he reportedly...
ARK Invest, the asset management firm and Bitcoin exchange-traded fund (ETF) issuer led by Bitcoin advocate Cathie Wood, has sold a significant amount of Coinbase, Robinhood, and Nvidia stocks. According to Ark Invest Daily’s Feb. 26 reveals, the ARK Innovation ETF (ARKK) sold 35,509 Coinbase (COIN) shares worth $6.89 million based on its closing price...
The Indonesia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,760-point plateau although its expected to open to the upside on Thursday. The...
Technical analyst Rekt Capital suggests that Bitcoin has emerged from the post-halving “danger zone” and entered an accumulation phase, as indicated by weakening selling pressure. After previous halving events, Bitcoin typically experienced increased volatility, which came to be known as the “danger zone.” In the current cycle, Bitcoin’s price dropped by a mild 6.5% over...
The British pound strengthened slightly against other major currencies in the European session on Thursday, after the U.K. economy expanded again in the second quarter but the pace of growth moderated slightly due to the contractions in industrial and construction output. Data from the Office for National Statistics showed that the real gross domestic product...
The Malaysia stock market on Monday wrote a finish to the three-day winning streak in which it had gathered more than 10 points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,620-point plateau although it figures to bounce higher again on Tuesday. The global forecast for the Asian markets is...